The charges stem from a mandated $1 billion bailout by insurance companies of the state’s last-resort insurance program, known as the FAIR Plan, after it ran out of money to cover roughly $4 billion ...
One of the most ironic – and frankly infuriating – realities in California right now is that utility companies can have their power lines spark devastating wildfires and then turn around and make us, ...
Yesterday on this program, State Treasurer Bill Lockyer said he might need federal loan guarantees to borrow money so California could pay its bills. Today, Treasury Secretary Tim Geithner told a ...
On Thursday, Governor Schwarzenegger will issue two revised budget proposals: one based on the passage of Measures 1-A through E in next week’s election and one based on their failure. In the meantime ...
OpenAI Chief Executive Officer Sam Altman pushed back at the idea that the company would seek federal guarantees to reduce ...
Valero Energy Corp. may receive hundreds of millions of dollars from the state of California to cover refinery maintenance costs in a bid to stave off the planned closure of a San Francisco-area fuel ...
Proposition 50, recently approved by California voters, allows temporary changes to the state's congressional district maps ...