Posts Tagged: restructuring
Aliso Canyon in Southern California, site of an unprecedented methane gas leak. (Photo: trekandshoot, via Shutterstock)
OPINION: Aliso Canyon was the biggest methane well blowout in U.S. history, and we still don’t know why it happened. The California Public Utilities Commission and Brown administration regulators just reopened the facility without the necessary environmental and safety reviews, so we have no way of knowing if it will happen again.
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.
Getting CalSTRS back to full funding, if rates are steadily increased over the next half dozen years, would take an annual increase reaching more than $5 billion a year by 2020 — about what the state general fund currently spends on UC and CSU combined. (Photo: CalSTRS lobby, Paul Housberg)