Archive for the ‘ Business ’ Category

InlandPolitics: The experts are shocked?

Finger in Air

Friday, February 27, 2015 – 09: 30 a.m.

The gasoline industry experts say they’re shocked over skyrocketing California gasoline prices. Even the dealers say they’re dumbfounded.

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Gas Prices

Motorists pump gas at a Mobil gas station after being greeted with a 25-cents-a-gallon price increase in Torrance. February 26, 2015. (Thomas R. Cordova / Staff Photographer)

By Nick Green, Daily Breeze
Posted: 02/26/15, 12:01 AM PST | Updated: 59 secs ago

The explosion at the ExxonMobil refinery is only partly to blame for a surge in gasoline prices that even stunned one gas station operator Thursday.

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InlandPolitics: Gas pump ripoff escalates

Fuel Gas

Thursday, February 26, 2015 – 09:00 a.m.

California gas prices have continued skyrocketing. An unjustified climb that can be blamed on wholesalers and retailers, who are bilking consumers who don’t know any better.

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SJMercuryNews (AP): California’s plastic-bag ban suspended by ballot referendum

Referendum

By Paul Rogers
progers@mercurynews.com
Posted: 02/25/2015 – 06:02:48 AM PST

SACRAMENTO — Setting up a grand environmental showdown, a referendum initiated by the plastic-bag industry to overturn California’s first-in-the-nation law that bans supermarkets and other businesses from handing out single-use plastic bags has qualified for next year’s ballot.

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InlandPolitics: KCET — Airport to nowhere!

Monday, February 23, 2015 – 11:00 p.m.

We missed this little gem, courtesy of KCET-TV.

Eastern San Bernardino County movers and shakers, along with the usually delusional Inland Empire print media, steadfastly refuse to admit that San Bernardino International Airport is an unmitigated $300 million black hole.

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Port of Los Angeles

By Peter Jamison
February 24, 2015

Southern California port officials say it could take up to three months to clear cargo that piled up during a labor dispute that threatened to cripple West Coast commerce.

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Prime Healthcare

By Tracy Seipel
tseipel@mercurynews.com
Posted: 02/24/2015 05:55:02 AM PST
Updated: 02/24/2015 05:55:35 AM PST

SAN JOSE — Take it or leave it. That’s the message to a Southern California for-profit company from Attorney General Kamala Harris who late last week laid out a dozen requirements for Prime Healthcare Services’ $843 million deal to buy six cash-crunched nonprofit hospitals.

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InlandPolitics: California Driver’s get hosed by unjustified hike in gas prices

Gas Nozzle

Monday, February 23, 2015 – 09:00 a.m.

California driver’s are getting burned at the gas pump as usual.

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InlandPolitics: Ontario Airport lawsuit in jeopardy?

question-mark

Sunday, February 22, 2015 – 12:30 p.m.

What a shock!

Los Angeles is seeking to dismiss a lawsuit, brought by Ontario, to wrestle away control of LA/Ontario International Airport.

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Port of Los Angeles

Trucks in San Pedro begin to clear the cargo backlog at the ports of Long Beach and Los Angeles. (Katie Falkenberg / Los Angeles Times)

By Tiffany Hsu, Andrew Khouri and Peter Jamison
February 21, 2015

West Coast ports are emerging from the most contentious labor dispute in more than a decade, but lingering resentment and structural problems may complicate a return to normality.

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LATimes: Shipping lines and dockworkers reach deal; port shutdown averted

Port of Long Beach

Container ships wait offshore to get into the Port of Long Beach on Feb. 11. (Bob Chamberlin / Los Angeles Times)

By Andrew Khouri, Chris Kirkham and Peter Jamison
February 20, 2015

Shipping companies and dockworkers reached a tentative deal late Friday on a new labor contract, avoiding a shutdown of 29 ports that would have choked off trade through the West Coast.

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Prime Healthcare

By Stuart Pfeifer and Javier Panzar
February 20, 2015

California Atty. Gen. Kamala D. Harris on Friday approved the hotly debated sale of a chain of six struggling Catholic hospitals — including two in Los Angeles County — but imposed strict conditions on how they will be managed.

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VVDailyPress: Controversial publisher, land developer Ray Pryke has died

black ribbon

By RENE RAY DE LA CRUZ
STAFF WRITER
Posted Feb. 19, 2015 @ 8:39 pm

HESPERIA — Controversial land developer and newspaper publisher Raymond Pryke has died.

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NFL

The new NFL football stadium proposed by the San Diego Chargers and Oakland Raiders would be built on a 168-acre site at the southwest quadrant of the intersection of the 405 Freeway and Del Amo Boulevard.

By Sam Farmer
February 19, 2015

On the field, the San Diego Chargers and Oakland Raiders have had as bitter a rivalry as any in the NFL but in a sense, they’re now partners.

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UTSanDiego: Utility agency taps $882-an-hour lawyer

CPUC

Regulator is responding to criminal investigations of improper contact

By Jeff McDonald
Feb. 19, 2015 – 4:56 p.m.

The California Public Utilities Commission has hired one of the top criminal defense attorneys in the state to respond to investigations of improper contact between regulators and the utility companies they oversee.

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ExxonMobil

By Larry Altman, Daily Breeze and Nick Green, Daily Breeze
Posted: 02/19/15, 8:10 PM PST |

The day after a massive ExxonMobil refinery explosion rocked Torrance and ripped apart a 12-story pollution-control device at the plant, some members of the community are questioning the company’s response to the emergency.

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walmart-logo

Starting in April, about 500,000 Wal-Mart employees will get a raise to the new level — $1.75 an hour more than the federal minimum wage. (Bob Chamberlin / Los Angeles Times)

By Jim Puzzanghera, Shan Li and Sarah Parvini
February 19, 2015

Wal-Mart’s advertising slogan is “Save money, live better,” but for years the world’s largest retailer has been criticized for not paying its workers enough to do that.

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IRS -1

The Internal Revenue Service and Treasury Department are postponing the enforcement of yet another rule tied to the president’s health care law. (Andrew Harrer/Bloomberg)

By J.D. Harrison
February 19, 2015 at 3:11 PM

One of these days, employers will experience the full effects of Obamacare — but not yet.

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LATimes: Port dispute is felt all along West Coast

Port of Oakland

Shipping volumes at the Port of Oakland plunged 32% in January. That followed a banner year in 2014, when it saw record traffic because of L.A. and Long Beach congestion. Above, containers on a ship at the port. (Justin Sullivan, Getty Images)

By Andrew Khouri and Tiffany Hsu
February 18, 2015

The labor dispute that has stalled dozens of massive ships off the ports of Los Angeles and Long Beach isn’t limited to the nation’s busiest cargo complex.

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The Sun: Businessman, activist Larry Sharp dies at 72

black ribbon

By Ryan Hagen, The Sun
Posted: 02/17/15, 3:04 PM PST

Larry Sharp, an Inland Empire leader who for more than two decades ran the largest credit union in the region, died Monday after a long battle with colon cancer. He was 72.

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LATimes: Southern California home sales down, prices flat

down-arrow

By Tim Logan
February 17, 2015

Southern California’s housing market got off to a slow start for the year in January, with sales down and prices treading water.

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SFChronicle: PG&E e-mails may prove pivotal in probe of regulator

Michael Peevey

Michael Peevey, president of the state Public Utilities Commission listens to the speakers at the California Public Utilities Commission meeting, Thursday January 27, 2011, in San Francisco, Calif. (Photo: Lacy Atkins / The Chronicle / SFC)

By Jaxon Van Derbeken
Monday, February 16, 2015 – Updated 9:07 am

A Pacific Gas and Electric Co. executive exploited former state Public Utilities Commission President Michael Peevey’s intense interest in a Kern County alternative-energy project in making a backroom deal to win favorable treatment for the company, newly released e-mails show.

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Montage Resort
Luxury hotels such as the Montage Laguna Beach that endured the downturn are now thriving, making them appealing targets for investors. The resort sold last month. (Allen J. Schaben / Los Angeles Times)

By Roger Vincent
February 15, 2015

Pampered guests at the five-star Montage Laguna Beach resort can swim in a lap pool overlooking the Pacific, dine on caviar and sleep on goose-down pillows to a lullaby of crashing waves.

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UTSanDiego: Flawed San Onofre project steamed on

San Onofre Steam Generators

Replacement steam generators for San Onofre arrive in Oceanside in 2009. They turned out to be flawed.
The $680 million replacement generators were not subject to formal cost study.

By Jeff McDonald
Feb. 14, 2015 – Updated 4:18 p.m.

Ten years ago, when Southern California Edison wanted to replace the steam generators in its San Onofre nuclear power plant, the state Public Utilities Commission agreed to the plan without a formal review of the $680 million price tag.

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Prime Healthcare

By Tracy Seipel
tseipel@mercurynews.com
Posted: 02/14/2015 10:03:51 AM PST

Picture an empty hospital. No patients, no medical staff — not a stethoscope in sight.

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SFChronicle: Let he who is without spin cast the first stone

Brian Williams

Anchorman Brian Williams has been suspended for six months. Photo: Monica Schipper / 2014 Getty Images

 

Debra J. Saunders

Opinion
By Debra J. Saunders
Updated 9:00 pm, Wednesday, February 11, 2015

I work on a treadmill of shameless self-promotion. Most mornings, I’ve tweeted before 6 a.m. When I’m not working on my column, I’m often blogging, posting on Facebook, jabbering on the radio (less often on TV), or speaking at a venue like the Commonwealth Club.

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InlandPolitics: Crude Oil falling on higher inventory number

Crude Oil Chart - 021115

Wednesday, February 11, 2015 – 08:45 a.m.

The trip above $53 for a barrel of West Texas Intermediate Crude Oil didn’t last long.

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SCE

By Shan Li and Matt Morrison
February 10, 2015

Southern California Edison’s plans to lay off hundreds of employees and hire foreign workers instead is coming under attack from lawmakers in Congress and local unions.

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InlandPolitics: Oil price gouging returns again

Crude OIl

Tuesday, February 10, 2015 – 09:15 a.m.

Oil price gouging returns again.

The price of crude oil, West Texas Intermediate and Brent, has been increasing over the past two weeks.

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The Lou Desmond & Company Show: Inside Washington & the IE

Lou Desmond

Monday, February 9, 2015 – 04:30 p.m.

Tonight on The Lou Desmond & Company Show, Collin Callahan, former intern for Rep. Jeff Denham (R-CA), and economist Jay Pray, join Lou to discuss an array of topics.

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YahooFinance: Is the Unemployment Rate of 5.7 Percent Just a ‘Big Lie’?

The Fiscal Times

The Fiscal Times
By Yuval Rosenberg
February 6, 2015 1:15 PM

The U.S. job market is, to use a technical term, really hot.

January saw non-farm payrolls jump by a better-than-expected 257,000, and data revisions lifted the totals for the prior two months by 147,000 more. Over the last three months, the economy added more than a million jobs, the strongest pace of labor market growth since 1997.

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Gallup

Wednesday, 04 Feb 2015 – 11:04 PM
By Cathy Burke

The 5.6 percent unemployment rate being trumpeted by the White House, Wall Street and the media is a “big lie,” the head of the Gallup polling firm says.

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B-2 Stealth Bomber

A B-2 stealth bomber is parked at a Northrop Grumman facility in the Antelope Valley. Northrop could build parts of the company’s proposed Long-Range Strike Bomber in Palmdale. (Al Seib / Los Angeles Times)

By Melody Petersen
February 8, 2015

The Pentagon is poised to spend billions to build a new stealth bomber, a top secret project that could bring hundreds of jobs to the wind-swept desert communities in Los Angeles County’s northern reaches.

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LATimes: Best wage growth in six years boosts another strong jobs report

Jobs

By Jim Puzzanghera
February 6, 2015

The economy had another robust month of job growth in January, adding 257,000 net new positions and producing the best wage gains in more than six years, the Labor Department reported Friday.

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InlandPolitics: Another example of warped reality

Sleeping Shades

Friday, February 6, 2015 – 01:00 p.m.

For decades, government failure after government failure has fallen on the Inland Empire.

Local officials for more than twenty-five years couldn’t see San Bernardino’s steady decline in progress. The city’s coffers were plundered to the point where redevelopment funds had to be essentially stolen to support the local governments general fund. When those funds were taken away by Governor Jerry Brown, the city filed for chapter 9 bankruptcy.

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LATimes: Anthem hack raises fears about medical data

AnthemBlueCrossLogo

Hackers have stolen information on tens of millions of Anthem Inc. customers, in a massive data breach that ranks among the largest in corporate history. The information stolen from the insurance giant includes names, birthdays, medical IDs, social security numbers.

By Chad Terhune
February 5, 2015

Insurance giant Anthem Inc. suffered a massive data breach exposing the personal information of up to 80 million Americans — and it could have been even worse for consumers.

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SacBee (AP): West Coast port employers: Shutdown could be 5 days away

Port of Los Angeles

By JUSTIN PRITCHARD Associated Press

02/04/2015 7:01 PM

LOS ANGELES — West Coast seaports could shut down in as soon as five days — hobbling U.S. trade with Asia — if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.

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calpers

CalPERS to receive more than $300 million from federal settlement with S&P

Sacramento-Business-Journal

Feb 3, 2015, 2:40pm PST
Allen Young
Staff Writer- Sacramento Business Journal

California’s giant public pension system said Tuesday it stands to receive $301 million from a settlement with Standard & Poor’s announced earlier in the day by federal and state prosecutors.

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Calpensions: Pension shareholder clout reshapes corporations

Corporate Governance

By Ed Mendel
February 2, 2015

A bitter breakup of a well-known Ohio company, Timken, approved by shareholders in a battle led by CalSTRS and one of its investment funds, Relational, has become a case study as activist shareholders try to squeeze more profit from companies.

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The PE: ECONOMY: ‘This recovery has legs,’ economist says

Chapman University

Growth in jobs and new home construction expected in 2015 in Inland region, Chapman University economist predicts.

Published: Jan. 30, 2015 – Updated: 10:06 p.m.

Consumers are in the best shape since the Great Recession, Chapman University economist Esmael Adibi said.

To read story by Debra Gruszecki in The Press-Enterprise, click here.

The Lou Desmond & Company Show: The Inland Empire Economy

Lou Desmond

Thursday, January 29, 2015 – 04:30 p.m.

Tonight on The Lou Desmond & Company Show, Cliff Cummings, President of Toyota of San Bernardino, joins Lou to discuss happenings in the City of San Bernardino, National School Choice Week and the overall health of the Inland Empire economy.

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DailyBulletin: ONT airport passenger activity rises in 2014

Ontario International Airport

By Liset Marquez, Inland Valley Daily Bulletin
Posted: 01/27/15, 12:01 AM PST | Updated: 1 day ago

ONTARIO >> Annual passenger traffic at LA/Ontario International Airport is up for the first time since 2007, according to passenger figures released by Los Angeles World Airports on Tuesday.

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BROOKE SELF
STAFF WRITER
Posted Jan. 28, 2015 @ 7:37 pm
Updated Jan 28, 2015 at 7:42 PM

ADELANTO — Geo Group Inc., a global for-profit prison operator, has decided to vacate plans to construct a 1,050-bed facility in the city, officials said Wednesday.

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federal reserve

By Jim Puzzanghera
January 27, 2015

Federal Reserve policymakers kept their benchmark interest rate near zero and reiterated a plan to be patient about future hikes, even though they issued a more upbeat assessment of the U.S. economy.

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AP: Record iPhone Sales Drive Blowout Quarter for Apple

Apple Inc.

SAN FRANCISCO — Jan 27, 2015, 5:56 PM ET
By BRANDON BAILEY AP Technology Writer
Associated Press

Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

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freddie-mac-fannie-mae-logo

By Jim Puzzanghera
January 27, 2015

The regulator for bailed-out housing finance giants Fannie Mae and Freddie Mac told lawmakers Tuesday that new programs to back mortgages with down payments as low as 3% had enough safeguards to make them as safe as loans with higher down payments.

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unemployment

By Dan Walters
dwalters@sacbee.com
01/27/2015 10:39 AM

Although California’s unemployment dropped fractionally to 7 percent in December, the state stands alone with the nation’s second-highest rate, exceeded only by Mississippi’s 7.2 percent.

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By Dan Walters
dwalters@sacbee.com
01/27/2015 12:50 PM

Although California’s industrial sector has been declining for decades and today employs just 8 percent of the state’s workers, it still generates a very large portion of the state’s economic output, a new Census Bureau report indicates.

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InlandPolitics: Private Equity looking at parent of Inland newspapers

The Sun

inland valley daily bulletin

Redlands Daily Facts

Related Posts: InlandPolitics: Newspaper decline continues

Tuesday, January 27, 2015 – 09:30 a.m.

Bloomberg is reporting that two private equity firms are taking a close look at a possible buyout of the parent company of The Sun, Inland Valley Daily Bulletin and Redlands Daily Facts newspapers.

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The Sun: Inland Empire jobless rate falls

unemployment down

By Kevin Smith, San Gabriel Valley Tribune
Posted: 01/23/15, 12:01 AM PST | Updated: 1 day ago

The Inland Empire saw a dramatic drop in unemployment last month. Its jobless rate for December was 7.2  percent, down from a revised 8  percent the previous month and 8.7  percent a year earlier, the state Employment Development Department reported Friday.

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The PE: REDLANDS: BMW moves its logistics center east

BMW

Top officials with BMW of North America were on hand Friday for the opening of a new regional parts distribution center in Redlands

Published: Jan. 23, 2015 – Updated: 5:50 p.m.

REDLANDS – Top officials with BMW of North America were on hand Friday for the opening of a new regional parts distribution center north of I-10.

The ceremony capped a two-year project of moving BMW’s warehouse operation east from Ontario.

To read story by Fielding Buck in The Press-Enterprise, click here.

Lewis-Group-of-Companies

By Neil Nisperos, Inland Valley Daily Bulletin
Posted: 01/23/15, 8:53 PM PST |

RANCHO CUCAMONGA >> The head of one of Southern California’s largest development companies predicted local economic growth in the coming year in a keynote speech in front of hundreds of real estate brokers at the Goldy S. Lewis Community Center in Rancho Cucamonga on Friday.

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DailyBulletin: Los Angeles scores legal victory in Ontario Airport lawsuit

gavel

By Liset Marquez, Inland Valley Daily Bulletin
Posted: 01/22/15, 8:09 AM PST | Updated: 19 secs ago

RIVERSIDE >> A Superior Court judge has issued a tentative decision in favor of Los Angeles on two key aspects of lawsuit for control of L.A./Ontario International Airport.

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Lakers

By Mike Bresnahan
January 21, 2015

The Lakers were finally winners again.

They were declared the NBA’s most valuable franchise, worth $2.6 billion, according to Forbes’ annual rankings released Wednesday.

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SacBee: Judge rejects bid to keep Stockton in bankruptcy

US Bankruptcy Court

By Dale Kasler
dkasler@sacbee.com
01/20/2015 8:58 PM

A bankruptcy judge Tuesday dismissed an effort to keep Stockton mired in bankruptcy while a creditor challenges a decision that lets the city pay its CalPERS pension bills in full.

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InlandPolitics: Crude Oil continues slide, forecast to go lower

Crude Oil Chart - 01202015

(Graph Source: NASDAQ)

Tuesday, January 20, 2015 – 09:15 a.m.

The price of West Texas Intermediate Crude Oil is continuing on a downward trajectory.

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Manufacturing

The fastest-growing sectors of manufacturing in California tend to be in the higher skilled advanced-technology realm. Above, an employee assembles a server at the Z Microsystems facility in San Diego. (Sam Hodgson, Bloomberg)

By Chris Kirkham
January 19, 2015

The United States has seen a remarkable turnaround in manufacturing employment since the economy bottomed out five years ago — but California hasn’t.

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calpers

By Ed Mendel
Tuesday, January 20, 2015

The apparent suicide last week of Alfred Villalobos, who faced a bribery trial next month, is a sad end for a former CalPERS board member paid more than $50 million by firms seeking money from the big pension fund.

Read the rest of this entry »

The Sun: San Bernardino ranks last for job seekers in WalletHub reports

Wallet Hub

By Neil Nisperos, Inland Valley Daily Bulletin
Posted: 01/18/15, 6:08 PM PST | Updated: 1 min ago

SAN BERNARDINO >> San Bernardino has ranked last in a list of the 150 “Best and Worst Cities to Find a Job,” released by the financial information website WalletHub.

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DailyBulletin: Colonies Crossroads in Upland adds to city coffers as it grows

Colonies Crossroads

Customers enter the newly opened Chili’s restaurant in the Colonies Crossroads shopping center in Upland on Friday. Sales tax from the 1 million-square-foot “power center” rose from $1.6 million in 2012-13 to $2 million in 2013-14. (Will Lester — Staff Photographer)

By Neil Nisperos, Inland Valley Daily Bulletin
Posted: 01/17/15, 9:11 PM PST | Updated: 25 secs ago

UPLAND >> The Colonies Crossroads, one of the largest shopping centers in San Bernardino County’s West End, continues to expand and increase revenue for the city.

Read the rest of this entry »

InlandPolitics: Register newspapers take another hit in December

Orange County Register
Related: InlandPolitics: Newspaper decline continues

Friday, January 16, 2015 – 06:00 a.m.

Freedom Communications, parent of The Press-Enterprise and Orange County Register ceased printing another of its publications in December.

Read the rest of this entry »

Inland Empire Business Journal

Friday, January 16, 2015 – 06:00 a.m.

Local publication Inland Empire Business Journal has shut down.

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InlandPolitics: San Bernardino places Carousel Mall up for sale

San Bernardino Seal

Wednesday, January 14, 2015 – 10:30 a.m.

The bankrupt city of San Bernardino has placed the dormant Carousel Mall up for sale.

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Jobs

By Associated Press
January 13, 2015

WASHINGTON — The rapid hiring that made 2014 a stellar year for job gains is showing no sign of slowing down.

Read the rest of this entry »

InlandPolitics: More jobs, less money

Economy

Saturday, January 10, 2015 – 11:30 a.m.

Economic news on the labor front has been incrementally better. But not great!

Here’s the boiler plate summary.

Read the rest of this entry »

DailyBulletin: ONT declines results in $2.6 billion economic loss

sam-emoticon

By Liset Marquez, Inland Valley Daily Bulletin
Posted: 01/05/15, 7:38 PM PST | Updated: 19 secs ago

ONTARIO >> The decline in air service at LA/Ontario International Airport has resulted in a $2.6 billion loss on the region’s economy since 2010.

Read the rest of this entry »

InlandPolitics: Crude Oil continues plunge

Oil Collapse

Monday, January 5, 2015 – 10:30 a.m.

Crude Oil prices plunged again on Monday morning due to an ever increasing oversupply.

Read the rest of this entry »

Fuel Gas

State officials, energy analysts expect at-the-pump costs to increase up to 10 cents in short term

By Mark Glover
mglover@sacbee.com
01/02/2015 8:32 PM

Hours after 2015 arrived, gasoline prices in Sacramento and throughout California inched upward for the first time in weeks. Experts called the uptick a subdued response to the state’s new requirement that oil companies buy credits to offset the carbon emitted by cars and trucks.

Read the rest of this entry »

NYSE
Traders work on the floor of the New York Stock Exchange on the first trading day of 2015. (Andrew Burton / Getty Images)

By Dean Starkman
January 2, 2015

NEW YORK — Call it the Great Divide: The new year figures to be one of robust economic growth in the U.S., with slowdowns, stagnation and setbacks everywhere else in the world.

Read the rest of this entry »

Keystone Pipeline Oklahoma

PoliticoPro

By Andrew Restuccia
1/2/15 – 2:48 PM EST

The Senate Energy and Natural Resources Committee is set to vote on legislation approving the proposed Keystone XL oil pipeline on Thursday.

Read the rest of this entry »

LATimes: Prime Healthcare’s bid to buy 6 Catholic hospitals scrutinized

Prime Healthcare

By Stuart Pfeifer
January 1, 2014

Atty. Gen. Kamala D. Harris is jumping into a heated battle over the purchase of six struggling nonprofit Catholic medical centers in California by the fast-growing Ontario hospital chain Prime Healthcare Services Inc.

Read the rest of this entry »

LATimes: Political standoffs in D.C. could impede economic growth in ’15

U.S. Capitol

By Jim Puzzanghera
December 31, 2014

The economy boomed through most of last year, a time when the nation’s capital was devoid of major budget fights and threats of government shutdown.

Read the rest of this entry »

SacBee: Opinion: California’s economy a mixed bag

Dan Walters

By Dan Walters
dwalters@sacbee.com
12/30/2014 10:43 PM

California is ending the year on an economic high note, having recovered all of the jobs it lost during the Great Recession and seeing employment continuing to expand.

Read the rest of this entry »

 In-N-Out

In-N-Out Burger was listed higher on a recent job site’s top 50 places to work list, above Facebook, Southwest and Apple.

By Jenn Harris
December 30, 2014

The powers of an In-N-Out Double Double burger are strong. According to a survey by the job community website Glassdoor, In-N-Out is a better place to at work than Apple, and even Facebook.

Read the rest of this entry »

Orange Juice Blog

Monday, December 29, 2014 – 12:30 p.m.

Our friends at The Orange Juice Blog have penned their final compelling summation of the events surrounding two go-nowhere District Attorney investigations into a coordinated effort to engineer the sale of the Orange County Fairgrounds to developers.

Read the rest of this entry »

LATimes: Jeb Bush eases out of some businesses, such as firm helped by Obamacare

Jeb Bush

Former Florida Gov. Jeb Bush speaks in Washington in November. (Saul Loeb / AFP/Getty Images)

By Joseph Tanfani
December 25, 2014

When Jeb Bush completed two terms as governor of Florida in 2007, he reported his net worth at $1.3 million, about $700,000 less than when he took office.

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WashPost: Robust economic growth in third quarter raises hopes that a boom is on horizon

Economy

Economy
By Chico Harlan
December 23, 2014 at 8:14 PM

The U.S. economy is growing at an increasingly rapid pace, government data released Tuesday shows, raising hopes that a slow-going American recovery is transforming into a far more robust expansion.

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SFChronicle: New law could affect criminal sentences in marijuana cases

Medical Marijuana

By Bob Egelko
Published: Monday, December 22, 2014

In a sharp reversal of federal drug policy, Congress has prohibited the Justice Department from interfering with laws in California and other states that allow the medical use of marijuana. And the turnabout caught the immediate attention of federal judges, who want to know its impact on some recent criminal convictions under the federal law that classifies pot as one of the most dangerous drugs.

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Vivek Ranadive

Believing he wasn’t rewarded for ongoing efforts to keep the Sacramento Kings in Sacramento, businessman Darius Anderson has filed a civil complaint against two of the team’s owners, Vivek Ranadive and Mark Mastrov.(Dennis McCoy | Sacramento Business Journal)

Ben van der Meer
Staff Writer- Sacramento Business Journal
Dec 22, 2014, 4:00pm PST
Updated: Dec 22, 2014, 4:38pm PST

Businessman and lobbyist Darius Anderson has filed a complaint against two of the owners of the Sacramento Kings, alleging he was deceived and left out of the ownership when the team traded hands in spring 2013.

Read the rest of this entry »

The Sun: Inland Empire home sales expected to pick up in 2015

Home Construction

By Neil Nisperos, Inland Valley Daily Bulletin
Posted: 12/21/14, 7:35 PM PST |

The Inland Empire’s housing market — dormant for the better part of the past decade — appears to be stirring, with new construction sites sprouting throughout the region, and sales are underway in the first post-recession development in Ontario’s ambitious New Model Colony, where as many as 50,000 new homes are expected to be built over the next 20 years.

Read the rest of this entry »

SacBee: California saw ‘striking’ job gains in November

Jobs

State added more than 90,000 jobs in one month
By Hudson Sangree –
hsangree@sacbee.com
12/19/2014 10:00 AM | Updated: 12/19/2014 8:58 PM

Recovering from the Great Recession has been slow and uncertain for many Californians, especially in the Central Valley. But a state labor report released Friday provided evidence that the Sacramento region is now adding higher-paying jobs.

Read the rest of this entry »

LATimes: Business groups cheer Obama’s move to normalize Cuba relations

Cuba

General Motors could eventually export vehicles to Cuba, a nation filled with aging relics. (Ernesto Mastrascusa, EPA)

By Andrew Khouri
December 17, 2014

President Obama’s decision to start normalizing relations with Cuba gives American business a fresh opportunity on an island once known as a travel hub for the U.S. jet set.

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Inflation

By Jim Puzzanghera
December 17, 2014

Plunging gasoline costs led to the largest drop in consumer prices in six years last month and added another complication for Federal Reserve policymakers as they try to determine when to start raising interest rates.

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federal reserve

By Jim Puzzanghera,
December 17, 2014

The American economic outlook, bolstered by robust job growth and a sharp drop in gasoline prices, was boosted a little more with the Federal Reserve’s signal that it would take as long as three years to raise interests to once-normal levels.

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LATimes: Southland home prices hit plateau

For Sale

The California Assn. of Realtors is predicting prices will grow 5.2% statewide next year, the slowest pace since 2011.

By Tim Logan
December 15, 2014

After a furious run-up in home prices in 2013, the Southern California housing market flattened out this year — setting the stage for slow but steady growth next year.

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