One should expect the California Supreme Court to protect the integrity of governmental actions. However, on the day after Christmas, the court, by a 6-1 margin, gave government officials a gift. It decreed that the validity of municipal bond issues can be challenged only by those directly involved in the transactions...
Stocks Head for Another Set of Records as Rally Continues
NEW YORK — U.S. stocks moved broadly higher Monday as investors extended a rally that puts the major indexes on track for another record-setting day. The Dow Jones Industrial Average was on pace to beat its record high close set in July. The S&P 500 is heading for its fourth...
US Stocks Fall After 3 Straight Days of Gains
Stocks edged lower in midday trading Tuesday, weighed down by a mixed batch of company earnings and another decline in bond yields. Financial sector stocks accounted for much of the selling as investors reacted to the decline in yields. The 10-year Treasury note slipped to 1.55% from 1.59% late Monday....
Central Unified Wants Voter Input on Proposed Bond Measure
Central Unified School District residents soon will be asked whether they would vote in favor of a new hundred-million-dollar bond measure for school construction and improvements that could cause a double-digit hike in the district's property tax rate over the next decade. The district has yet to set the size...
Stressed Out? Your Dog May Feel It Too, Study Suggests
NEW YORK — When dog owners go through a stressful period, they're not alone in feeling the pressure — their dogs feel it too, a new study suggests. Dog owners experiencing long bouts of stress can transfer it to their dogs, scientists report in a study published Thursday in Scientific...
High-Speed Rail Cost Jumps to $20.4B for Central Valley Segment
SACRAMENTO — The state's reworked plan for high-speed rail now estimates a $20.4 billion price tag to complete 171 miles of track from Merced to Bakersfield by 2028, nearly a decade later than the initial estimate for a much longer Los Angeles-to-San Francisco line. Rail officials issued an update to...
Huffman and Loughlin Charges Shatter Actresses’ Clean Images
LOS ANGELES — As an Emmy winner and Oscar nominee, Felicity Huffman has been known as one of Hollywood's more versatile actresses, as well as one-half of one of its more famous acting couples with husband William H. Macy. While Lori Loughlin's resume might not be as accomplished, her face...
Half Billion Dollars Might Not Fulfill SCCCD Promises
It has been less than two years since voters in State Center Community College District passed a $485 million bond to build new facilities and renovate old ones. But district trustees already are facing the real possibility of making changes to the projects advertised to voters. What's going on? Christine...
Half Billion Dollars Might Not Fulfill SCCCD Promises
It has been less than two years since voters in State Center Community College District passed a $485 million bond to build new facilities and renovate old ones. But district trustees already are facing the real possibility of making changes to the projects advertised to voters. What's going on? Christine...