On the heels of a record $1.6 billion penalty against Pacific Gas & Electric Co., California Public Utilities Commission President Michael Picker said he will study whether the state’s biggest power utility should be broken up to improve safety.
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Former Newsday, LA Times publisher David Laventhol has died
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A longtime associate says David Laventhol, an innovative editor and publisher who led Newsday and the Los Angeles Times to expanded, prize-winning coverage, has died at age 81.
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Missouri governor approves tax incentives for data storage
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Some new and expanding data storage centers in Missouri soon will be exempt from certain state and local sales taxes under a bill signed Thursday by Democratic Gov. Jay Nixon aimed at bringing jobs and high-tech companies to the state.
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US senators seek investigation into foreign hiring practices
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Citing concerns about hiring practices at California’s second-largest utility, a bipartisan group of U.S. senators Thursday asked for an investigation into whether companies are firing American workers and replacing them with foreigners to cut costs.
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Is it Ever OK to Finance a Startup with Home Equity?
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Given the recent recovery of home valuations, is it a good idea to finance a startup with home equity funds?
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Judge blocks appeal in Boeing age discrimination lawsuit
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A nine-year legal battle waged by former aircraft workers who claim they lost their jobs because of their age may to have come to an end after a federal judge blocked their attorney from appealing the court’s dismissal of their remaining claims because the paperwork was filed too late.
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California regulator: State's utility "too big" for safety?
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California’s top utility regulator is asking if the state’s largest utility is too big for safety.
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Comptroller: Fees wipe out billions in city pension gains
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An analysis by the New York City’s comptroller has concluded the city’s pension funds over the past 10 years paid over $2 billion in fees to money managers but got almost nothing in return.
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Lawmakers' visit comes amid push to revive nuke dump plans
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Several members of Congress are heading to the mothballed site of a proposed radioactive waste dump in the Nevada desert amid new talk about a decades-old problem — where to dispose of spent nuclear fuel stored at commercial reactors around the U.S.
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Senators propose $3.9 billion state construction budget
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A bipartisan group of state senators rolled out a construction budget Wednesday that calls for $3.9 billion in capital spending over the next two years.