The number of federally registered political lobbyists has fallen by 14 percent thus far in 2017 from the 2016 total. However, based on data provided by the non-partisan OpenSecrets.org, spending by lobbyists is on track to rise by about 3 percent in 2017.
Fires rage across California as the biggest firefighting SuperTanker in the world is sitting idle at an Arizona Airport.
California’s Employment Development Department (EDD) reported that the state’s unemployment rate in June remained at its all-time-low of 4.7 percent, down from 5.5 percent in June 2016.
The Detwiler fire near Yosemite National Park has destroyed about 60 homes and caused the evacuation of the historic gold mining towns of Mariposa and Coulterville.
Steph Curry of the NBA champion Golden State Warriors just proved that the best athlete on the planet can lose big in real estate.
Silicon Valley early-stage venture capital (VC) funding has been cut in half in the last two years, as venture capitalists are stuck with investments in mature companies that are not able to go public.
Silicon Valley social justice warriors are planning to publish a blacklist of venture capitalists they deem sexual harassers.
Jeff Bezos is less than $4 billion shy of passing Bill Gates as the richest man in the history of planet Earth.
The U.S. House Appropriations Committee continues to restore pork to President Trump’s proposed 2018 budget, recently voting to restore a second National Tsunami Warning System Center to save 40 federal government jobs.
Hyperloop One may have just killed California’s high-speed rail project, after the company’s 28-foot long aluminum and carbon-fiber production-scale pod hit its first milestone by traveling down a 1,640-foot near-zero-resistance vacuum tube test-track at a speed of 70 miles-per-hour.
A bipartisan coalition of Democrats and Republicans is fighting to prevent the privatization of the ShakeAlert earthquake warning system and to preserve its federal funding.
The “Day of Action” for Net Neutrality, organized by the world’s biggest corporations for their own economic benefit, appears to be fizzling into a big yawn.
The California Department of Business issued a new report that reveals seniors are the largest group among the almost half million Californians who took out a payday loan at interest rates of up to 30 percent last year.
With the International Olympic Committee judging the Los Angeles and Paris bids as equal, Los Angeles could again make hundreds of millions of dollars by hosting the either the 2024 or 2028 Olympic Summer Games.
The 72-hour public disclosure clock is ticking for Gov. Jerry Brown to convince a couple of Republicans to roll over and pass bills to reauthorize California’s cap-and-trade (“cap-and-tax”) scheme.
Tesla has 100 days to complete delivery and installation in South Australia of the world’s biggest lithium-ion battery storage installation — or forfeit 100 percent of the contract’s payment.
Tesla’s $57-per-share stock crash this week, after the company announced good news for the launch of its Model 3, seems even more justified with the release of Tesla’s poor June U.S. sales figures.
Moody’s credit rating service warned on Wednesday that new tax hikes by Illinois’ Democrat-controlled legislature, which over-rode a Republican governor’s veto, may still leave the state insolvent and subject to its debt being the first in the nation to be downgraded to “junk.”
On Wednesday, July 12, Net Neutrality advocates are planning a corporate “Day of Action” for online lobbying against President Donald Trump’s efforts to roll back the Obama administration’s policy. The effort is morphing into a 24-hour rage featuring 50,000 groups joining “hacktivist” wolf packs to fight Trump online.
The Trump administration plans to dump about half of Amtrak’s $1.4 billion annual taxpayer subsidy by ending long-haul passenger services that cost taxpayers about $298 per round-trip and whose on-time performance is as low as 6 percent.
A new San Francisco civil grand jury report blames $5.8 billion in unfunded county public pension liabilities on voters not realizing that they were voting for two pension spikes.
Tesla’s Stock crashed on Monday, a day after Elon Musk tweeted that Tesla’s Model 3 had passed all regulatory requirements and initial units would begin rolling off the assembly line on July 7.
Ellen Pao may have been forced to pay her ex-employer $276,000 after losing Silicon Valley’s biggest gender discrimination and sexual harassment lawsuit, but Pao is about to crank up controversy again with the release of her memoir, titled Reset.
As Orange County, Ca. was making its final bankruptcy bond payment to end its 23-year bankruptcy reorganization; Illinois, Connecticut, and Maine went into default shut-downs after failing to pass state budgets before the start of their July 1st fiscal years.
Los Angeles Mayor Eric Garcetti and former California Governor Arnold Schwarzenegger teamed up at a CAA Foundation event this week to praise California’s Climate Change taxes that the public hates.
A Seattle-sponsored analysis of the city’s $3 per hour minimum wage hike has found that it cost the average low-skilled worker $1,500 a year due to employers slashing hours.
The Environmental Protection Agency (EPA) announced Tuesday, to the delight of rural America, that the Trump administration is moving to rescind the Obama era’s “Waters of the United States” (WOTUS) regulatory rule.
California’s Medi-Cal expansion failed over the last three years to deliver on its promise to cut costs, due to a 44 percent increase in the number of visits to high-cost hospital emergency rooms.
California Assembly Speaker Anthony Rendon (D-Los Angeles) has blamed the collapse of the state legislature’s effort to socialize the state’s $389.5 billion in healthcare spending on the U.S. Senate Republicans’ restructure of Obamacare, which threatens to “reallocate” over a third of California’s $82 billion of Medicaid funding to other states.
CoreLogic has reported that the median home prices for Los Angeles and Orange County have just hit new all-time highs due to spiking sales of homes at over $1 million.
Rep. Tom McClintock (R-CA) is leading an effort to end environmentalists’ ability to delay the building of dams and reservoirs on federal land by fast-tracking control of the permitting process, placing power in the hands of the U.S. Bureau of Reclamation.
Uber’s CEO Travis Kalanick was dumped after a 47-point report by former Obama Attorney General Eric Holder found the company to be a management disaster, but he could make a triumphant return, like Apple’s once-fired CEO Steve Jobs.
California’s total public employee pension debt of $2.067 trillion is still climbing fast, but the City of San Diego’s is shrinking after five years of only giving new employees a 401(k).
Vice Media raised $450 million of pre-IPO capital at a $5.7 billion valuation from the same private equity firm that has interests in Airbnb and Spotify and owns the CAA talent agency.
The FBI conducted raids last week on Sovereign Health behavioral health treatment centers in California and the San Clemente home of its CEO Dr. Tonmoy Sharma, whose U.K. medical license was revoked for serious professional misconduct. Sovereign Health facilities in
Amazon.com’s $13.7 billion acquisition bid for Whole Foods Market represents an existential threat to Silicon Valley: namely, that the $500 billion cash hoard held by U.S. tech giants will be spent on the real economy, instead of funding another cycle of disruptive tech start-ups.
After 9 months of media flogging fake news stories that Silicon Valley’s top supporter is a vampire planning to live forever through transfusions of children’s’ blood, the Tech Crunch blog says there is no basis for the stories.
The Governing Board of Covered California will allow insurers to raise rates by an extra 15-17 percent if Trump eliminates illegal federal subsidies to cover out-of-pocket medical costs.
Although Tesla claims to be the world’s leader in “lean manufacturing,” the company’s productivity per worker is only one-seventh as good as the rest of the industry.
The Los Angeles County Economic Development Corporation (LAEDC) has warned in a new report that jobs from the Southern California’s $1.5 trillion wholesale sector, which account for 8.3 percent of the GDP of the United States, could be at risk due to slowing Asian trade and the rapid introduction of autonomous big-rig trucks.
