Sacramento, CA…On Wednesday, the Senate Committee on Environment and Public Works held a hearing on the, “Long-term Solvency of the Highway Trust Fund: Lessons Learned from the Surface Transportation System Funding Alternatives Program and Other User-based Revenue Solutions, and How Funding Uncertainty Affects the Highway Programs.” The hearing largely focused on the failures of the […]
Sacramento, CA…On April 15, the California Public Utilities Commission (CPUC) unanimously approved Frontier Communications corporate restructuring to exit Chapter 11 bankruptcy, first initiated almost one year ago. Frontier is one of the two largest Incumbent Local Exchange Carriers (ILEC) in California, offering phone, video, and/or broadband service in 44 counties. The CPUC adopted various conditions […]
Sacramento, CA…Governor Gavin Newsom announced that he has signed legislation to create a statewide policy for the rehiring of workers laid-off by the pandemic, bolstering the state’s efforts to ensure an equitable recovery from the pandemic. SB 93 requires employers in the hospitality and business services industries, including hotels, airports and large event centers, to […]
Sacramento, CA…California’s unemployment rate decreased 0.2 percentage points to 8.3 percent in March as the state’s employers gained 119,600 jobs1, according to data released today by the California Employment Development Department (EDD) from two surveys. This comes after February’s upwards-revised (+15,100 jobs) month-over gain of 156,100 jobs, which alone was more than the 155,400 jobs […]
Sacramento, CA…Governor Gavin Newsom released the following statement on the March jobs report which showed that California added 119,600 jobs in March and 156,100 jobs in February: “California’s economic recovery depends on bringing back the businesses and jobs we’ve lost over the past year. That’s why today’s jobs report, which showed that California added 119,600 […]
Los Angeles, CA…Fierce competition drove California’s median home price to reach a new record high in March, while the state’s housing market continued its momentum with sales remaining solid heading into the spring homebuying season, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said on April 16th. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate […]
Carson City, CA…Nevada Governor Steve Sisolak announced his goal to have all Nevada counties open to 100 percent capacity by June 1. In an effort to help meet that goal, the Governor also announced that the statewide social distancing mandate will be removed on May 1 and that decisions on social distancing will transition to […]
San Francisco, CA…Pacific Gas and Electric Company (PG&E) today announced the appointment of Wade Smith as Senior Vice President, Electric Operations. Mr. Smith begins on May 3, 2021 and will report to Adam Wright, PG&E’s Executive Vice President, Operations and Chief Operating Officer, who joined the company earlier this year. “Wade brings the ideal skillset […]
Sacramento, CA…Vaccine passports – digital records of an individual’s COVID-19 vaccination status – are on their way. This is likely to be a QR code on your phone, which you scan to enter a flight or event. As with any major new initiative, scammers always find ways to take advantage of the confusion and anxiety […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in March on a seasonally adjusted basis after rising 0.4 percent in February, the U.S. Bureau of Labor Statistics reported today. The March 1-month increase was the largest rise since a 0.6-percent increase in August 2012. Over the last 12 months, the […]
