Posts Tagged: publicly

News

Stem cell agency gives out $2 million a minute

Close up of laboratory microscope with DNA gel background image. (Photo: 18percentgrey, via Shutterstock)

Directors of the California stem cell agency last week handed out $2 million a minute to nearly 20 organizations during an online meeting that spread the largess from Sacramento in the north to San Diego in the south. 

News

CalPERS, San Berdoo agree on pension-debt payoff

Bankrupt San Bernardino announced an agreement with CalPERS last week to pay off an unprecedented pension debt owed for skipping payments to the pension fund for a year — $13.5 million, plus several million more in penalties and interest. Details of the agreement reached in closed mediation were not released. But the city said in a court filing the CalPERS agreement “will help form the basis” for a debt-cutting plan needed to exit bankruptcy.

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