International Business News - CA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif One of the critical elements of Gov. Arnold Schwarzenegger's plan to close California's growing budget deficit involves jump-starting the economy with billions of dollars in public works spending. http://www.ibtimes.com/articles/20081203/calif-stimulus-plan-worthy-not-quick-budget-fix.htm Wed, 03 Dec 2008 12:08:24 EST A surprising statistic awaited Bannon Creek Elementary School principal Linda Wilkinson when she returned to school this fall: Around 425 of the school's 600 students now qualify for free and reduced-price school meals, up about 8 percent since school let out for the summer. http://www.ibtimes.com/articles/20081203/calif-3-1-million-kids-getting-school-lunch-deal.htm Wed, 03 Dec 2008 08:49:51 EST A Danish adventurer is first in line to ride aboard a privately funded, two-seat rocket ship designed by a California rocket maker to fly about 37 miles above Earth. http://www.ibtimes.com/articles/20081202/california-rocket-firm-has-its-first-space-tourist.htm Tue, 02 Dec 2008 15:48:31 EST A group of Democratic state lawmakers is asking the federal government to provide more financial aid to the nation's cash-strapped public colleges. Seven members of the California Assembly introduced a nonbinding resolution Monday stating that higher education is critical to the U.S. economy and deserves a bailout as much as the banking industry. http://www.ibtimes.com/articles/20081202/calif-lawmakers-ask-feds-for-college-aid.htm Tue, 02 Dec 2008 11:29:18 EST Utility officials said the largest solar panel installation in the state has been completed--the first of some 150 solar projects planned for warehouse and factory roofs in Southern California. http://www.ibtimes.com/articles/20081202/massive-solar-installation-completed-in-socal.htm Tue, 02 Dec 2008 10:38:49 EST Volunteers at Bay Area soup kitchens this Thanksgiving Day say the economic downturn brought plenty of new faces to their doors. Forty-three-year old Mario Medal and his fiancee, 42-year-old Norma Maya, were among the first-timers at San Francisco's St. Anthony Dining Room Thursday. http://www.ibtimes.com/articles/20081128/bay-area-soup-kitchens-serve-thousands-on-holiday.htm Fri, 28 Nov 2008 10:09:25 EST When Gov. Arnold Schwarzenegger called lame-duck lawmakers back, he was hoping experience and leadership would empower the Legislature to address California's dramatic revenue drop. http://www.ibtimes.com/data/articleimgs/182115-state-budget.jpg http://www.ibtimes.com/articles/20081126/lame-duck-calif-lawmakers-fail-on-budget-changes.htm http://www.ibtimes.com/articles/20081126/lame-duck-calif-lawmakers-fail-on-budget-changes.htm Wed, 26 Nov 2008 07:39:21 EST Wal-Mart Stores Inc. will knock off $3 if California consumers discover problems with its price-scanners. California Attorney General Jerry Brown announced the move Monday in a settlement with the retailer after authorities found pricing errors throughout the state. http://www.ibtimes.com/articles/20081124/wal-mart-to-pay-3-for-each-price-problems.htm Mon, 24 Nov 2008 18:12:50 EST Federal agriculture officials are committing $5.8 million to an effort to stop the spread of a tiny bug in California that can wipe out citrus groves. http://www.ibtimes.com/articles/20081124/new-effort-launching-to-stop-deadly-citrus-pest.htm Mon, 24 Nov 2008 13:50:06 EST Anticipating a $100 million deficit in the city budget, Los Angeles Mayor Antonio Villaraigosa is asking city departments to submit reduced budgets for the second half of this fiscal year. http://www.ibtimes.com/articles/20081121/los-angeles-mayor-asking-agencies-to-cut-budgets.htm Fri, 21 Nov 2008 17:55:20 EST California's unemployment rate jumped to 8.2 percent in October, the highest rate in 14 years, just as a state fund that pays unemployment benefits was about to run out of money. http://www.ibtimes.com/articles/20081121/calif-unemployment-rate-rises-to-8-2-percent.htm Fri, 21 Nov 2008 14:46:25 EST Despite an increasingly uncertain economy, thousands of homebuyers around San Francisco Bay kept snatching up foreclosed homes last month, dragging down the median home price by 41 percent from a year ago, a real estate tracking firm said Thursday. http://www.ibtimes.com/articles/20081120/norcal-median-home-price-plummets-41-percent.htm Thu, 20 Nov 2008 14:58:21 EST California companies often are lauded as progressive, but they fall short when it comes to having women at the top, according to a University of California, Davis study. http://www.ibtimes.com/articles/20081117/uc-davis-study-few-women-in-calif-corporate-jobs.htm Mon, 17 Nov 2008 14:03:04 EST California fish and wildlife managers approved major new restrictions on water pumped from the Sacramento-San Joaquin Delta to protect a native fish, triggering protests from farmers and cities reeling already from water shortages. http://www.ibtimes.com/articles/20081114/calif-officials-reduce-pumping-in-delta.htm Fri, 14 Nov 2008 17:04:15 EST San Mateo County government officials are suing Lehman Brothers and its accountants to recover $150 million they say was lost when the investment bank filed for bankruptcy. http://www.ibtimes.com/articles/20081114/california-county-government-officials-sue-lehman.htm Fri, 14 Nov 2008 11:02:07 EST Among the premarket stories for Friday, Nov. 14, from AP Financial News: NEW YORK (AP)--Citigroup is expected to cut at least an additional 10,000 jobs in its investment bank and other divisions worldwide, according to a report Friday in The Wall Street Journal that cited anonymous sources. http://www.ibtimes.com/articles/20081114/premarket-roundup-citigroup-kohls.htm Fri, 14 Nov 2008 09:36:53 EST Information technology management software company CA Inc.'s stock may be helped by its upcoming user conference, a Goldman Sachs analyst said Friday. http://www.ibtimes.com/articles/20081114/ahead-of-the-bell-conference-could-help-ca-stock.htm Fri, 14 Nov 2008 08:01:38 EST California could face as much as $3.9 billion in annual damages caused by wildfires, rising sea levels and extreme weather events if not enough is done to combat global warming, according to a report released Thursday. http://www.ibtimes.com/articles/20081113/study-global-warming-could-be-costly-for-calif.htm Thu, 13 Nov 2008 17:34:46 EST An analyst says the deficit in the San Diego city employee pension system has more than doubled to $2.78 billion since the Wall Street meltdown. Actuary Joseph Esuchanko told the City Council on Wednesday that the pension fund has $6.56 billion in commitments, but only $3.78 billion in assets, as of Oct. 31. The deficit was $1.2 billion before the meltdown. http://www.ibtimes.com/articles/20081113/san-diego-pension-deficit-swells-to-2-78-billion.htm Thu, 13 Nov 2008 12:31:21 EST Gov. Arnold Schwarzenegger, seeking to further burnish his environmental credentials, is convening a global summit on greenhouse gas emissions next week in Los Angeles in an attempt to influence a United Nations conference on the topic next month. http://www.ibtimes.com/articles/20081112/schwarzenegger-summit-a-sizable-carbon-footprint.htm Wed, 12 Nov 2008 17:15:06 EST