Posts Tagged: los

News

Prime Healthcare deal falls through

Prime Healthcare has decided not to buy six California health care facilities, a highly controversial transaction that was approved under unprecedented conditions by Attorney General Kamala Harris last month. Officials for the financially strained Daughters of Charity Health System chain say failure to complete the sale will force them to file for Chapter 11 bankruptcy.

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

State controller: Merced County lowest on pension funding

Merced County pensions may have the lowest funding level of any public pension system in California, a shortfall officials attribute to a big retroactive pension increase for all county employees a decade ago and faulty actuarial work. In the latest annual public pension report from the state controller’s office, Merced County stands out with the lowest level of funding in the last reported year, 54.7 percent in 2010-11.

News

Dan Richard, bullet train conductor

An artist's rendering of the California bullet train. (Photo: HSR)

Dan Richard, the chair of the California High Speed Rail Authority, is a man in the middle. The middle of court fights, the middle of political fights, the middle of a fight over California’s future. “The rest of the developed world has moved energetically to adopt high-speed rail. We will too,” Richard says. He may be right.

News

Spin-off: LAT awaits the unknown

A web page of the L.A. Times viewed through a magnifying glass. (Photo: Gil C., via Shutterstock)

For the 133-year-old Los Angeles Times and other print news publications adapting to the digital media age, the only thing that’s certain is an uncertain future. That became clearer than ever when the Tribune Company announced last week that on Aug. 4 it will create a new corporation known as the Tribune Publishing Company to take over its eight newspapers, including the L.A. Times and Chicago Tribune.

News

Bay Area advantage — Is being from LA a statewide political liability?

A view toward the Bay Bridge, via Chinatown. (Photo: Christian Mehlfuhrer)

ANALYSIS: Los Angeles County is home to more than 26% of all Californians. But when it comes to running for statewide office, being from Los Angeles may be more of an obstacle than a political advantage. While the people may be in Los Angeles, the largest chunk of the state’s voters – those who actually cast ballots — come from the nine counties in the San Francisco Bay Area.

News

Pressures mount on California ports

Giant crane handles a ship's cargo at the Port of Long Beach. (Photo:

From Humboldt Bay in the north to San Diego in the south, California’s 11 ports generate more than $40 billion in annual economic activity. The Ports of Long Beach and Los Angeles provide most of it — together, they represent the nation’s largest cargo container port and the world’s sixth busiest harbor. But new pressures, including a revamped Panama Canal, are clouding California’s picture. (Photo: Port of Long Beach)

News

L.A. is ground zero in realignment battle

“He’s both popular and vulnerable,” said Raphael J. Sonenshein, executive director of the Edmund G. “Pat” Brown Institute of Public Affairs at Cal State L.A. in an interview with the Times. “On the one hand, he’s a very skilled politician, very popular in many of the communities in the county and a known reformer and progressive. At the same time, he has tremendous flaws in managerial areas that have caused all kinds of headaches in the department.”

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