News

CalPERS acts to cut earnings forecast, raise rates

CalPERS' governing board during a 2013 meeting. (Photo: CalPERS board)

Calpensions: A key committee yesterday approved a drop in the often-criticized CalPERS investment earnings forecast, gradually raising record rates already being paid by state and local governments, if approved as expected by the full board today.

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CA prepares for health care battle

A physician prepares a syringe for use. (Photo: Shutterstock)

The results of a presidential election won by Republican Donald Trump has some in a panic. And with GOP majorities in both houses of Congress, Trump presumably can do just about anything. But California health advocates are not talking about abandoning the state’s healthcare system. They’re preparing for a fight.

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Emotions soar at stem cell board meeting

Throat cancer patient Karl Trede, who was treated with the "eat me" protein therapy. (Photo: California Institute for Regenerative Medicine)

In an emotion-choked session, the mother of a six-year-old girl thanked California’s stem cell agency for saving the life of her daughter. “Thank you for keeping my family complete,” said Alysia Padilla-Vaccaro, her voice cracking as she spoke to the governing board of the $3 billion California Institute for Regenerative Medicine (CIRM), as the agency is formally known.

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San Bruno blast: Probe into PUC role still unresolved

A devastated zone in San Bruno following the 2010 gas pipeline explosion. (Photo: Brocken Inaglory)

Six years after the devastating San Bruno natural gas pipeline blast led to the deaths of eight people, the California Public Utilities Commission has not been held accountable for what elected officials say was its role in the tragedy. State Sen. Jerry Hill, Assemblyman Kevin Mullin and San Bruno Mayor Jim Ruane are trying to change that.

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Science: Companies in legal scrapes turn to Menlo Park firm

Illustration: Quentin Lueninghoener, FairWarning

FairWarning: The formula has turned the firm, now named Exponent, Inc., into a publicly traded giant in litigation defense and regulatory science. It’s a go-to destination for major industries with liability problems – even as it is derided by critics as a hired gun whose findings are for sale.

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CA120: Next gov’s contest will be Reep on Dem

The Republican elephant and the Democratic donkey face off. (Illustration, Victor Moussa/Shutterstock)

With a flood of expected gubernatorial candidates on the Democratic side, and a lack of Republican candidates lining up for 2018, many are convinced that we are headed for another Democratic intraparty runoff. So, again, it is prediction time. And again, I will go with the math and say the general election of the 2018 governor’s race will follow tradition and feature a Democrat versus Republican.

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State Library creates Greg Schmidt collection

A tiny sampling of the books on Greg Schmidt's home shelves.

The California State Library is setting up a special collection in honor of Gregory Schmidt, the long-time ranking Senate staffer who died of cancer at the age of 69. State Librarian Greg Lucas said in an email that the Greg Schmidt Collection on Political Leadership will include “any number of books, articles, movies, podcasts, lectures and case studies besides those in Greg’s personal library that inform today’s political leaders.”

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Stem cell agency okays $15 million for new research

A research scientist on the job in a laboratory. (Photo: Anyaivanova, via Shutterstock

After a hiccup last month, the California stem cell agency this week coughed up $15 million for a quartet of researchers looking into Alzheimer’s disease, cartilage repair, arthritis and sickle cell disease, but not before lopping off a big chunk of one proposal.

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A moving story: How consumers get victimized

Illustration by Quentin Leuninghoener, FairWarning

FairWarning: Gwen Caplan’s nightmare began with a Yelp search. It was the summer of 2012 and the middle-aged mother of two was looking for someone to move her and her kids from San Rafael, Calif., to Glendale, Ariz. Money was tight, so Caplan scoured the web for an affordable but reputable moving compa

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CIRM eyes final $800 million for stem cell research

A liquid nitrogen bank containing a suspension of stem cells. (Photo: Elena Pavlovich)

If you are interested in how the state of California is going to spend its final $800 million or so on stem cell research, you should catch a key meeting next Tuesday in Oakland, which also can be heard online. The session involves the 29-member, governing board of the $3 billion California Institute for Regenerative Medicine (CIRM), as the state stem cell agency is formally known.

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