Chriss W. Street - Page 17

As President Trump finished his first 24 hours in office by attending an interfaith prayer service at the Washington National Cathedral, German Chancellor Angela Merkel vowed to seek compromises with the new President on trade and military spending issues.

The California Department of Finance told Breitbart News that they did not discover a negative $1.8 billion cost error in calculating the state budget, signed by Gov. Jerry Brown on June 27, until after the November 8 elections.

With three new storms hitting this week, the sections of California in severe drought have shrunk from 42.66 percent a year ago to just 2.13 percent on January 10.

Moon Express, the first commercial company to win Federal Aviation Administration (FAA) approval to travel beyond Earth’s orbit, announced that it has raised enough money for its first launch later this year to begin mining on the moon.

Tech innovation is set to move from the Age of Obama, which focused on the needs of high-density urban residents, to the Age of Trump, which will focus on the needs of lower-density suburban residents.

Despite CEO Jeff Bezos’s political battles with President-elect Donald Trump, Amazon is going all-in by pledging to hire 100,000 U.S. employees with full benefits to launch its fully-automated grocery markets, which are expected to offer drone delivery services.

Despite tax collection increasing by 50 percent in the last 9 years, California’s public pension insolvency is forcing Gov. Jerry Brown to propose a dangerously unpopular 42 percent increase in gasoline taxes and a 141 percent increase in vehicle registration fees.

Gov. Jerry Brown warned this week that despite record economic growth, California’s $122.8 billion budget will suffer its first deficit since 2012 due to spending growing twice as fast as the economy.

Despite many cities hosting the Olympics facing bankruptcy in the aftermath, a new study by Beacon Economics LLC and UC Riverside predicts that the Los Angeles area would see an $9.5 billion economic boost and generate $4.4 billion in worker earnings if the city is awarded the 2024 Summer Olympics.

The Board of the George Lucas “Museum of Narrative Art” picked Los Angeles’ Exposition Park over San Francisco’s Treasure Island on Tuesday as home of the highly anticipated museum of the Star Wars creator’s digital and populist art collection.

The Board of George Lucas’s proposed “Museum of Narrative Art” delayed its final site selection approval in what is now a hot and heavy competition between San Francisco’s Treasure Island and Los Angeles’ Exposition Park.

Breitbart News recently noted that the average monthly rent for a one-bedroom apartment in Santa Monica is the most expensive in the nation at $4,799.20. But it is not just Silicon Beach that is booming: the Los Angeles downtown business district (DBD) is in its biggest residential building boom since the 1920s.

Now referred to as “Silicon Beach,” Santa Monica’s rent rates for a one-bedroom apartment are approaching $5,000 per month.

Amazon’s “Fire” tablet sold out for the holidays and is on a trend to double last year’s startlingly high rate of growth as the company pursues a “basic but good” strategy.

The Milken Institute School of Public Health at George Washington University has estimated that from a public sector viewpoint, repealing Obamacare would cost the State of California $20.7 billion in federal funding and eliminate 334,000 jobs.

Twenty states this week began implementing minimum wage increases that are supposed to help 4.3 million workers. However, the damage from a prior minimum wage hike includes bankrupting of Puerto Rico.

Los Angeles Valley College was the victim of a ransomware hacking attack that took down the campus’s website and email system on New Year’s Day until the school paid $28,000 to free hostage data.

President Barack Obama’s former National Economic Council director, Larry Summers, says the economic advice being given to President-elect Donald Trump is “beyond voodoo economics” and is equal to “creationism.”

Kentucky’s Sen. Rand Paul appears to be on the cusp of having the Senate and the House pass the “Audit the Fed” legislation that he and his father, former Rep. Ron Paul (R-TX), fought for to stop the Federal Reserve’s “unchecked” and “arguably unconstitutional” meddling in the free market economy.

Snapchat’s social media parent, Snap, Inc., seemed headed for a $5 billion IPO until a former employee alleged in a conveniently timed lawsuit that the company misrepresented its financial position and pressured him for proprietary secrets about his former employer, Facebook.

Despite expectations that the “next big thing” would premiere at the pre-opening for the 50th Anniversary of the Consumer Electronics Show in Las Vegas, it seems the latest tech innovations are struggling to live up to all the hype.

Federal and state transportation officials are warning that San Francisco Airport’s rapidly deteriorating seawall has created the risk of runway flooding and sinkholes as passenger volume soars. San Francisco is legend for environmental hypocrisy, such as flooding the beautiful Hetch

Tesla’s stock plunged by $1.5 billion in after-hours trading on Tuesday following the company’s announcement that it missed Wall Street’s vehicle delivery estimates for the fourth quarter of 2016 by 12 percent.

Thanks to about 35 percent more units coming on the market in 2017 than on average over the last 20-year period, investors are offering free rent concessions to move empty apartments.

Despite the rising panic over the solvency of California public pension plans, CalPERS’ annual report no longer prominently discloses what additional percentage of employee pay that each of its state, school and local clients pay each month for employee pensions.

Despite the U.S. Congress passing the Consolidated Appropriations Act in December 2015 to slather another $9.3 billion of taxpayer credits on new solar power added to the electrical grid, California solar installments peaked in 2015 and are now headed south.

The number of women in part-time jobs has doubled in the eight years of President Barack Obama’s tenure, because his management of the economy has produced very few new full-time jobs, according to a new report by left-wing academics.

President-elect Donald Trump has met with former California Lt. Gov. Abel Maldonado and is considering appointing him to be the next Secretary of the U.S. Department of Agriculture (USDA).

The Service Employees International Union (SEIU) is slashing its organizing budget by $90 million, in a sign that unions fear their message will not resonate during a Trump administration, according to Businessweek.

Consumer Reports found that a higher percentage of Tesla owners than any other car company would buy another Tesla, while the same publication rated Tesla a dismal number 25 out 29 car makers in reliability.

Despite President-elect Donald Trump picking hard-core Obamacare foe Republican Rep. Tom Price (R-GA) as the next Secretary of Health and Human Services, California’s huge Obamacare exchange thinks it can survive the promised “repeal and replace.”

Despite 2016 being the worst year for initial public offerings (IPOs) since the 2007-8 financial crisis, Silicon Valley hopes the Trump rally will bring back the good times.

President Barack Obama set the all-time record in November 2016 for the number of regulatory pages in the Federal Register at 81,640 pages, but in the last month he has pushed that record up by over 12 percent to 91,642 pages.

California Gov. Jerry Brown, continuing his practice of granting clemency before major Christian holidays, pardoned another 112 people, bring his total as governor to record 1,258.

China is reacting angrily following news that President-elect Donald Trump has chosen Peter Navarro, author of the book and film Death by China, to head the new White House National Trade Council.

A mistrial was declared in the trial of former Los Angeles County Sheriff Leroy “Lee” Baca, who was indicted for working to thwart an FBI criminal investigation into inmate abuse within his jails, after jurors told the federal judge they were “hopelessly deadlocked,” 11-1.