Newspaper stands for alt-weeklies. (Photo: Nieman Journlism Lab)It was only seven days ago that we told you about The Stranger, the Seattle alt-(bi)weekly that was facing a financial crisis because of the city’s response to the coronavirus outbreak, which shut down concerts, bars, restaurants, and so many other events that provide the advertising fuel for an alt-weekly
A man watches the 2018 Woolsey fire in Los Angeles. (Photo: BrittanyNY, via Shutterstock)California’s relatively mellow start to the 2019 fire season may be the calm before the firestorm, according to the National Interagency Fire Center (NIFC). California Department of Forestry and Fire Protection CAL FIRE agrees with the NIFC that when fall’s arid winds kick in — as they have in the last few days, prompting red flag alerts — California could experience another period of record wild fires.
The CalPERS' governing board during a meeting several years ago at the pension fund's headquarters. (Photo: CalPERS board)After a loss of $100 billion in the recent recession, the CalPERS funding level dropped from 100 percent in 2007 to 61 percent in 2009. It has not recovered, despite a major bull market in which the S&P 500 index of large stocks tripled. “Even with the dramatic returns we have seen over the past six years, because the demographics of plans in general have changed and plans are now by and large cash-flow negative, it’s been very challenging to dig out of that hole,” Andrew Junkin, a Wilshire consultant, told the CalPERS board last week.
Northern California's Lake Oroville, the state's largest reservoir, formed by the Feather River and Oroville Dam. (Photo: Quinn Comendant.)It’s enough water to fill Lake Oroville and more, and it’s flowing out on to lawns and landscapes in cities and communities across the state each year, according to the Department of Water Resources (DWR). But with the state deep in drought and water supplies dwindling, there’s a movement underfoot that’s hoping to change that.