Blog Profile / Money & Co

Filed Under:Business & Finance
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Archived Since:March 9, 2008

Blog Post Archive

Once-troubled state employment department seeing improvement, director says

California's unemployment insurance agency, after stumbling in the aftermath of the Great Recession, is making strides toward improving service to the jobless, the program's director told members of a state Senate oversight committe...

Amgen says a study found its cancer drug more effected than rival drug

Amgen Inc., the Thousand Oaks biotech giant, said Sunday a new study has found its cancer drug Kyprolis is far more effective in treatment of relapsed multiple myeloma than its chief rival.

Cedars-Sinai probing whether superbug infections are tied to scopes

Cedars-Sinai Medical Center said it's investigating whether patients with superbug infections are linked to contaminated medical scopes, similar to a recent outbreak at UCLA.

U.S. fourth-quarter economic growth is revised down to 2.2%

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.

State Assembly speaker pushes plan to fund more affordable housing

The top Democrat in California's State Assembly visited Chinatown on Wednesday to unveil a plan to boost affordable housing in the state.

U.S. wine exports in 2014 second highest on record

Exports of U.S. wine last year were the second-most valuable on record, reaching $1.49 billion in revenue, nearly all of it from California.

Party time in Inglewood after council votes to OK stadium plan

After four hours of public comment, financial analysis and questions for traffic planners and noise consultants, the vote by the five members of Inglewood's City Council to approve plans to build an NFL-caliber stadium was swift and unanimous.

Dinner for ex-PUC chief Peevey nets $55,000 in gifts for UC Berkeley

More than $55,000 was donated to UC Berkeley in honor of former California Public Utilities Commission President Michael Peevey, who stepped down in December amid scandal.

Nationwide refinery strike expands to 15 plants in fourth week

A nationwide strike at oil refineries organized by the United Steelworkers union expanded to 15 plants in its fourth week.

Fed chief stresses flexibility on timing of interest rate hike

Federal Reserve Chairwoman Janet L. Yellen greased the wheels for an eventual interest rate hike, but she made clear that she was keeping her options open on the timing of any such move.

Report identifies most common sources of food-borne illnesses

An estimated 9 million people are sickened and 1,000 killed by food-borne illnesses in the U.S. each year, but until now officials were unable to pinpoint which foods were most likely to blame.

Inglewood stadium would boost city's budget by up to $28 million a year

The 80,000-seat football stadium and related office and retail development being proposed in Inglewood would boost that city's budget by $18.7 to $28 million a year over the next 15 years, while creating manageable traffic and environmental impacts.

UCLA superbug: Lawmaker asks Congress to investigate FDA response

Prompted by the UCLA superbug outbreak, a federal lawmaker is calling on Congress to investigate what the U.S. Food and Drug Administration and device makers are doing to prevent further patient deaths and infections.

UCLA outbreak: 48-year-old liver transplant patient died in December

One of the two patients who died in connection with a superbug outbreak at UCLA's Ronald Reagan Medical Center was a 48-year-old liver transplant patient from the Central Valley, according to the family's attorney.

PUC hires outside criminal lawyer to help with probe

The Public Utilities Commission has hired a prominent, white-collar criminal defense lawyer to help it with an expanding investigation into possible improper communications, bribery and other wrongdoing at the powerful regulatory bo...

Initial jobless claims drop back below 300,000

Initial jobless claims declined more than expected last week, falling back below the 300,000 level that indicates a healthy labor market.

Relief funds to aid seniors struggling with reverse mortgages

A federal relief effort that set aside nearly $2 billion in housing aid for troubled Californians is being expanded to help older homeowners avert foreclosures on their reverse mortgages.

As contract talks resume, it's back to work at L.A., Long Beach ports

Hundreds of dockworkers squeezed into the International Longshore and Warehouse Union’s hiring hall in Wilmington before dawn Tuesday, their first full day back to work at the ports of Los Angeles and Long Beach since Friday.

Southern California home sales down, prices flat

Southern California's housing market got off to a slow start for the year in January, with sales down and prices treading water.

FTC OKs Zillow-Trulia merger, creating real estate behemoth

Online real estate websites Zillow and Trulia could join forces as soon as next week after federal antitrust regulators blessed their merger.

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