Archive for September 16th, 2014

InlandPolitics: Uncertainty over San Bernardino Int’l Airport marketing?


Tuesday, September 16, 2014 – 11:00 a.m.

It’s once again time to take up the matter of San Bernardino International Airport (SBIA). You know that financial black hole, formerly known as Norton Air Force Base.

Read the rest of this entry »

Ontario International Airport

Passengers wait to board their flight to Dallas-Fort Worth at Ontario International Airport in Ontario. (File photo by John Valenzuela – Staff Photographer)

By Liset Marquez, Inland Valley Daily Bulletin
Posted: 09/15/14, 11:37 AM PDT | Updated: 1 min ago

RIVERSIDE >> The 1967 agreement which gave control of then Ontario International Airport to Los Angeles will be subject to legal scrutiny next month.

Read the rest of this entry »

LATimes: CalPERS decides hedge funds are a sell

Photo: CalPERS board

The CalPERS board meets at headquarters in Sacramento. (Robert Durell / For The Times)

By Marc Lifsher
September 15, 2104

SACRAMENTO — The country’s biggest public pension system is getting out of hedge funds.

Read the rest of this entry »

SacBee: CalPERS cleared to sue ratings agencies

California Supreme Court

By Dale Kasler
Published: Monday, Sep. 15, 2014 – 3:56 pm

The state Supreme Court has cleared CalPERS to sue Wall Street’s leading ratings agencies over a series of disastrous investments that cost the pension fund more than $1 billion.

Read the rest of this entry »

SacBee: Rod Wright steps down from the California Senate


By Laurel Rosenhall
Published: Tuesday, Sep. 16, 2014 – 12:00 am
Last Modified: Tuesday, Sep. 16, 2014 – 7:32 am

Democratic state Sen. Rod Wright, sentenced to jail Friday for being convicted of perjury and voting fraud, resigned from the California Senate on Monday but plans to stay on the payroll for one more week.

Wright sent Senate officials a resignation letter Monday stating that he’s stepping down effective Sept. 22.

Read the rest of this entry »


The Fix
By Philip Bump
September 15, 2014 at 1:07 PM

As voter registration deadlines before the November general election begin to pass, new disputes over voter registration efforts have erupted. In the wake of the shooting of Michael Brown in Ferguson, Mo., Democrats launched a voter registration effort, angering some local Republicans. More recently, a registration effort led by a Democratic Georgia state representative — which has turned in a number of new voter applications — is being investigated by the Republican secretary of state.

Read the rest of this entry »

Home Construction

A new report from Beacon Economics and City National Bank points to a comeback in the Inland Empire. Above, homes being built in Rancho Cucamonga. (Gina Ferazzi / Los Angeles Times)

Economic comeback in the Inland Empire helps drive California recovery, report says
September 15, 2014

The economic recovery in California struggled through the first half of the year but now is picking up speed, driven by improvements in the real estate and the job markets, according to a quarterly report from Beacon Economics and City National Bank.

Read the rest of this entry »