Larkspur, CA…California took significant new climate action with another partner today: Norway. Governor Gavin Newsom welcomed a delegation from Norway led by His Royal Highness Crown Prince Haakon. Following a stop at San Quentin focused on criminal justice reform, the California and Norway delegations visited the Larkspur Ferry Terminal – with the backdrop of one […]
Chandler, AZ…Hello, hello, hello. (Applause.) By the way, your dad is right about unions. (Laughter.) Your dad is right: Unions built the middle class. Wall Street didn’t. Unions built the middle class. (Applause.) So, thanks, Tilden, for that introduction and — a union sheet metal worker, a proud member of the Navajo Nation. You’re going […]
Washington, DC…Apple’s Broad-Based, Exclusionary Conduct Makes It Harder for Americans to Switch Smartphones, Undermines Innovation for Apps, Products, and Services, and Imposes Extraordinary Costs on Developers, Businesses, and Consumers. The Justice Department, joined by 16 other state and district attorneys general, filed a civil antitrust lawsuit against Apple for monopolization or attempted monopolization of smartphone […]
Sacramento, CA…California Faces a $68 Billion Deficit. Largely as a result of a severe revenue decline in 2022‑23, the state faces a serious budget deficit. Specifically, under the state’s current law and policy, we estimate the Legislature will need to solve a budget problem of $68 billion in the upcoming budget process. Unprecedented Prior‑Year Revenue […]
Washington, DC…Total nonfarm payroll employment increased by 150,000 in October, and the unemployment rate changed little at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, government, and social assistance. Employment declined in manufacturing due to strike activity. This news release presents statistics from two monthly surveys. The […]
Washington, DC…Secretary of Homeland Security Alejandro N. Mayorkas announced the extension and redesignation of Venezuela for Temporary Protected Status (TPS) for 18 months, due to extraordinary and temporary conditions in Venezuela that prevent individuals from safely returning. After reviewing the country conditions in Venezuela and consulting with interagency partners, Secretary Mayorkas determined that an 18-month […]
Los Angeles, CA and New York, NY – September 21, 2023 – Following a career that began nearly 70 years ago in 1954, Fox Corporation (“FOX”) (Nasdaq: FOXA, FOX) and News Corporation (“News Corp”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) announced today that Rupert Murdoch is stepping down as chairman of each board effective as […]
Oakland, CA…California becomes the largest geographic area and the largest economy to sue giant oil companies. Joined by California Governor Newsom, California Attorney General Rob Bonta today announced the filing of a lawsuit against five of the largest oil and gas companies in the world — Exxon Mobil, Shell, Chevron, ConocoPhillips, and BP — and the American Petroleum Institute (API) […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6 percent in August on a seasonally adjusted basis, after increasing 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.7 percent before seasonal adjustment. The index for gasoline was the […]
Sacramento, CA…With the clock ticking toward the September 14 adjournment date for the session, the Legislature yesterday brought forth a new Senate Bill 799, which started its legislative life as something else but was gutted and amended to now extend unemployment benefits to workers who voluntarily leave their jobs. And the tab for it all will […]
