Posts Tagged: financial

News

The utilities’ new electric transportation infrastructure

A black-and-white view of smoggy Century City, Beverly Hills and West Los Angeles. (Photo: trekandshoot)

OPINION: Squinting into the smog, our state’s utilities have seen the future — and it’s not fossil fuels. Southern California Edison, Pacific Gas & Electric and San Diego Gas & Electric revealed plans to invest $1 billion to build a comprehensive electric transportation infrastructure.

Opinion

Wanted: An early warning system for local governments

Pedestrians crossing Hollywood Boulevard in Los Angeles. (Photo: Sean Pavone, Shutterstock)

OPINION: Back in 2012, then Treasurer Bill Lockyer called for an early warning system that would give state officials time to proactively address local government fiscal emergencies before they wound up in bankruptcy court. We are now five years closer to the next recession and its attendant set of local government financial crises, but the state has made little progress toward implementing Lockyer’s proposed system.

News

California voters eye changing course on ‘English only’

A teacher writes on the blackboard in a class for English language learners. (Photo: Viacheslav Nikolaenko)

Proposition 58, titled the “English Proficiency, Multilingual Education” initiative, would repeal key provisions of Proposition 227 approved by voters in 1998. For instance, parents would no longer need to sign waivers to get into bilingual education programs. Schools could more easily institute bilingual programs.

Opinion

Helping seniors keep a roof over their heads

An elderly couple in front of their home. (Photo: Andy Dean, via Shutterstock)

OPINION: By 2030, California’s over-65 population is expected to be 87 percent higher than it was in 2012 – an increase of more than four million people. According to a 2014 AARP survey, nearly 90 percent of senior households say they would like to stay in their current residences and communities for as long as possible.

News

Political buttons: Snarky, terse, fun

A vendor hawking buttons, stickers at the Callfornia Republican Party convention. (Photo: Serla Rusli)

Judy DeVries was in her car when she heard the surprise news that Ted Cruz had selected Carly Fiorina as his running mate. She knew immediately what she had to do. “We’re like ‘Oh my goodness, we have a VP,” she said. “We need to make buttons!”

News

Term limits for CalPERS board leaders?

The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)

A tentative CalPERS proposal would limit the board president and committee chairs to four consecutive one-year terms, a policy that could end the long-running presidency of Rob Feckner in 2017. He has presided over times good and bad at the nation’s largest state public pension system.

News

A country boy’s odyssey: Nelsen takes over Sacramento State

Robert Nelsen, the new president of California State University, Sacramento. (Photo: Sacramento State)

As a boy growing up impoverished on a Montana ranch, Robert Nelsen did not expect to go to college. Years later, he is the eighth president of California State University, Sacramento. Nelsen, 63, former president of the University of Texas-Pan American, officially took over as the chief executive officer of the 30,000-student campus in July.

News

Doctors win in dispute with nurses

A physician and a nurse tend to a patient. (Photo: Tyloer Olson, Shutterstock)

Here’s the diagnosis: It was the doctors versus the nurses, and the doctors won – for now. An effort to allow nurse practitioners limited authority to treat patients without the supervision of a doctor was blocked in the Assembly amid opposition from physicians, who said the plan would hinder high-quality medical care.

News

States eye CalPERS pension model

The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)

Calpensions: A California plan to give private-sector workers a state-run retirement savings plan is nearing $1 million in contributions, the goal set to pay for a market analysis to help design the program. Although the California plan is still in the formative stage, last week the Illinois legislature approved a plan based on the California model, even using the same name, “Secure Choice.”

News

Cash gathers over Proposition 46

A male patient uses a walker frame. Photo: Bikeriderlondon, via Shutterstock

It’s on the ballot but off the public’s radar, and months before Election Day the campaign cash already is piling up — $44 million and counting — for what is certain to be a massive TV blitz in the fall between doctors, lawyers and insurers.

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