The oil and trucking industry sued to block California's new carbon fuel regulations Tuesday, saying the rules will raise costs but do little to reduce greenhouse gas emissions. Full Article at Free Internet Press
Enough with the half steps. More than ever before, the California Public Employees' Retirement System must come clean about which investment houses are dithering in disclosing their hiring of "placement agents" to lobby for CalPERS business. Full Article at Sacramento Bee
Four ex-CalPERS board members were hired as placement agents by private equity firms that secured investment deals from CalPERS: Alfred Villalobos. Full Article at Sacramento Bee
On the eve of another budget battle in the Legislature, California's worst-in-the-nation credit rating took another hit Wednesday. Full Article at Sacramento Bee
The state's budget problems will keep the Sacramento region mired in recession and push unemployment to 13.5 percent early this year, according to a new forecast. Unemployment was 12.4 percent in November, the latest figures available. Full Article at Sacramento Bee
GARY REYES San Jose Mercury News file, 2004 Northern California's industrial sector will be tested this spring when Toyota shuts operations at the NUMMI factory in Fremont. California's... Full Article at Sacramento Bee
Please forgive me this Christmas morning. I ran out of stamps and didn't get all the cards in the mail. Full Article at Des Moines Register
The McClatchy Co. has been victimized by a major investment fraud that could cost its pension plan $32 million, the company said Wednesday. Full Article at Sacramento Bee
Developer General Group Properties says the Promenade's fate is "subject to market conditions that are unrelated to the bankruptcy." The project is two miles from homes. Elk Grove's... Full Article at Sacramento Bee