Archive for January 13th, 2017

California’s bullet train could cost taxpayers 50% more than estimated — as much as $3.6 billion more – according to a confidential federal report obtained by the Los Angeles Times.

Ralph Vartabedian
January 13, 2017

California’s bullet train could cost taxpayers 50% more than estimated — as much as $3.6 billion more. And that’s just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco.

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Associated Press
January 13, 2017 – 11:05 AM

The first chamber of the California Legislature has confirmed U.S. Rep. Xavier Becerra to be the state’s next attorney general.

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Jim Puzzanghera
January 13, 2017

Wells Fargo & Co. on Friday reported a 6% drop in fourth-quarter profit in the wake of a scandal over its employees creating as many as 2 million accounts without customer authorization.

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