A first-stage decarbonization program is underway. But Gov. Brown and other political figures, such as Kevin de León, the president pro tem of the state Senate, want California to set a global example over the next 15 years by reducing petroleum consumption in cars and trucks by 50 percent, making buildings more energy-efficient and increasing
Regional identity creation is being recognized for its economic benefits and as a strategic resource for producer communities. A regional identity is not a brand; it is built through a complicated process of developing cohesion and sharing in the industry community and communicating outside the industry community to opinion-makers and consumers. The California fine wine
Paul Ryan brandishing a large wedge of gouda at a Ways and Means hearing might tell you everything you need to know about global trade at the moment. “For generations, we’ve been making gouda in Wisconsin,” the Republican committee chairman said at the hearing earlier this year. “And for generations to come, we’re going to
Qualcomm plans to cut roughly 15 percent of its workforce, about 4,700 workers, the San Diego chip maker said Wednesday as it struggles to return to growth in a maturing smartphone market. Qualcomm will trim $1.4 billion from its $7.3 billion in annual expenses once all the cuts are made. Other cost cutting includes “streamlining
Nearly a third of California’s households “struggle each month to meet basic needs,” largely because of the state’s high cost of living, a new study by United Ways of California concludes. The study relies on what the organization calls a “real cost measure” that goes well beyond the Census Bureau’s official poverty measure, which dates
Here’s an astounding fact. Since the recovery started in 2009, California businesses have created 1.5 million new private sector jobs. That puts California number one in private sector job creation among all states, slightly ahead of second place Texas, and more than double that of third place Florida. Moreover, total job creation in California since
The Department of Finance reports California exceeded revenue projections for the fiscal year by $732 million. Revenues were originally projected to be about $114 billion. Income taxes accounted for much of the surplus, coming in $624 million above projections. Sales and use taxes exceeded fiscal year projections by $40 million. Corporate taxes exceeded the monthly
It’s not as if any more proof were needed that California has some very rich people. Still, there’s fresh evidence: It turns out that the state includes 14 of the 20 most expensive ZIP codes in the country. But it doesn’t have No.1. That distinction belongs to Sagaponack, a village in the Hamptons on eastern
Wall Street Journal excerpt, July 1 Freight costs have jumped as much as 14% for U.S. consumer packaged goods companies since 2012, driven largely by a truck-driver shortage and deteriorating transportation infrastructure, according to a report by The Boston Consulting Group and the Grocery Manufacturers Association. The authors surveyed supply chain leaders at more than
It appears the baby recession really is over: Preliminary figures show U.S. births were up last year for the first time in seven years. About 53,000 more babies were born in 2014 than the year before — a 1 percent increase. Births were up for nearly every racial and ethnic group, and there were improvements