A new regulation issued by the U.S. Department of Labor goes into effect at the end of January. Employers will be allowed to put politics over profits by favoring ESG-friendly options when choosing in...
Tag: California
California Sues Eli Lilly And Other Insulin Makers For Driving Up Drug Cost
Topline California is suing a group of pharmacy benefit managers and insulin manufacturers, including pharmaceutical giant Eli Lilly, for using “unlawful, unfair and deceptive” means to drive up the c...
California Faces Another Severe Storm—And Possibly More Flooding—After 19 Killed
Topline Forecasters warn more flooding and landslides could threaten California as a seventh heavy band of rain called an atmospheric river approaches the state, after a series of brutal storms brough...
California Faces First Budget Gap Since 2018 as Stock Market Hits Taxes
(Bloomberg) — Governor Gavin Newsom said California will face a $22.5 billion budget deficit in the coming fiscal year, the first for the most populous US state since 2018 as the global stock ma...
Biden declares emergency in California as more winter storms advance
U.S. President Joe Biden speaks during a cabinet meeting in the Cabinet Room of the White House January 5, 2023 in Washington, DC. Drew Angerer | Getty Images President Joe Biden on Monday declared an...
At Least 14 Dead In California Floods As Almost 200,000 Homes Are Without Power
Topline At least 14 people have died and one child remains missing after parts of California were hit by severe storms that caused flash flooding and felled trees, as the National Weather Service warn...
Evacuation Ordered For Celebrity-Filled Montecito As California Faces Historic Floods
Topline All residents of the coastal community of Montecito, California, were ordered to flee their homes Monday due to historic flooding that has killed at least 12 people across California in the pa...
Davidson Hospitality CEO Sees Bright Future For Hotels In 2023, Resort Demand Growing
Thom Geshay, CEO and president, Davidson Hospitality Group Davidson Hospitality Group With the pandemic in the rearview mirror, hospitality companies are gearing up for a travel boom that began a year...
Cisco layoffs begin with hundreds of job cuts in California and more expected
Cisco Systems Inc. has begun previously announced layoffs, cutting nearly 700 jobs in Silicon Valley last month, according to filings with the state of California this week. Cisco executives announced...
Storm Batters Northern California—Piers Collapse Amid Widespread Flooding
Topline A “brutal” storm system battered northern California this week, killing at least two people and causing significant flooding and erosion, as a band of heavy rain and wind gusts upwards of 100 ...
California Gold Rush: The Melt Keeps Growing
The Melt, known for its MeltBurger, has expanded to 20 locations, all within California. Pictured … [+] is The Melt in Oakland, Calif. Charlie Walter Call most restaurant chains “cheesy” and the...
Tesla Calling Its Cars ‘Full Self-Driving’ May Run Afoul Of New California Law
Illustration by Fernando Capeto for Forbes; Photos by Mike Coppola/Getty Images; Artur Widak/NurPhoto/Getty Images The electric vehicle company’s continued marketing of its Full Self-Driving option—...
As 2023 Dawns, Guidance On The Technology-Neutral Tax Credit Under The Inflation Reduction Act (IRA) Is Needed
Rep. Sean Patrick Maloney (D-NY) stands silently during a press conference on the the Inflation … [+] Reduction Act at Glynwood Boat House on August 17, 2022 in Cold Spring, New York. Getty Imag...
Workers in California and Washington State will get more pay transparency
Do you know how much your job is worth? Millions of Americans are finally getting the answer. Starting Jan. 1, California and Washington state will require employers to include pay ranges with their ...
Policymaking By Unelected Commission Has Become Increasingly Popular, But Faces Challenges
California Governor Gavin Newsom (Photo by Tayfun Coskun/Anadolu Agency via Getty Images) Anadolu Agency via Getty Images A coalition of franchisees, restaurateurs, and other small business owners sub...
Restaurant Group Files To Stop Implementation Minimum Fast-Food Wage Law In California
A restaurant-industry group reportedly sued some California state officials, alleging they plan to illegally implement a new law that would set minimum hourly wages for fast-food workers. The Californ...
Al Jardine On ‘A Postcard From California’ Reissue, ‘Help Me, Rhonda’ And ‘Sloop John B’
Beach Boys co-founder Al Jardine celebrates the new reissue of his debut solo album ‘A Portrait From … [+] California,’ now available on CD and for the first time on streaming servic...
California regulator flags 17 cryptocurrency websites suspected of defrauding victims
On Dec. 27 and 28, the California Department of Financial Protection and Innovation (DFPI) released a comprehensive list of over 17 crypto sites suspected of defrauding users on its homepage. Some of...
17 Fraud Crypto Websites Flagged California Regulators
A total of 17 questionable crypto websites, which also include crypto brokers, have been flagged by the California Department of Financial Protection and Innovation (DFPI). These websites are believed...
California regulator warns of 17 crypto websites suspected of fraud
The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days against crypto brokers and websites it suspects of being fraudulent. The list i...
Facing Litigation And Years-Long Push For Increased Regulation, Conglomerate Ends Production Of PFAS Chemicals
3M factory (Photo by DAVID PINTENS/BELGA/AFP via Getty Images) BELGA/AFP via Getty Images The Environmental Protection Agency describes PFAS, the acronym referring to Per- and Polyfluoroalkyl chemical...
Mining Industry Boosts Third Quarter Economic Growth In Several States
Two workers with helmet and protective suit using drill-machines in an underground enviroment getty Many economists are predicting a recession in 2023 due to the Fed’s rate hikes to slow inflation, le...
California Establishes New Site Discussing Digital Currency Dangers
The California Attorney General’s office is launching a new website warning people of the risks that come with digital currencies. California Is Warning Traders About Crypto’s Dangers California says ...
MyConstant issued desist and refrain order from California regulator
Investment platform MyConstant has been ordered by the California Department of Financial Protection & Innovation (DFPI) to desist and refrain from violating the California Securities Law and Cali...
California regulators order MyConstant to cease crypto-lending services
The California Department of Financial Protection and Innovation (DFPI) has ordered crypto lending platform MyConstant to cease offering a number of its crypto-related products over alleged state secu...
California watchdog issues cease order on crypto firm
Due to potential breaches of state securities law, the California Department of Financial Protection and Innovation (DFPI) has ordered the cryptocurrency lending platform MyConstant to stop marketing ...
California Senate Reintroduces Bill To Decriminalize Mushrooms
California Senate has reintroduced a bill to decriminalize mushrooms getty The California Senate has reintroduced a bill which, if passed, would decriminalize ayahuasca or “magic mushrooms”...