As President Barack Obama departed for the climate summit in Paris, he faces a new “Solyndra” scandal as Spain’s Abengoa SA, which received $3 billion in administration sustainable energy loans and Export-Import Bank guarantees, announced that it has started bankruptcy proceeding and may soon default on its debt.
With a whistle-blower leveraging the scandal regarding use of state staff to apparently evaluate geological data for the profitability of “fracking” on his private land, California Governor “Big Oil Brown” is headed for the limelight at the Paris climate change summit.
Although Marissa Mayer has brought stability and mobile growth to Yahoo over the last three years, after the company went through four failed CEOs, activist hedge funds are bringing out the long knives to threaten dumping Mayer.
Mercedes-Benz research and development lab in Sunnyvale, California is racing to beat Apple, Google and Uber to dominate commercial and luxury self-driving vehicles. Google, Tesla, BMW, Mercedes-Benz, Honda, Volkswagen and four other developers of autonomous vehicles already have permission from
Three months after Breitbart News and others outed Sen. Dianne Feinstein’s (D-CA) backdoor effort to freeze development on over one million acres of California dessert by having President Obama declare the area subject to the Antiquities Act of 1906, her efforts are going down in flames as Congressional Republicans are moving to ban the Antiquities designation.
American medical researchers have just announced the potential end of daily insulin injections for Type 1 diabetes suffers through an innovation that restores insulin production for up to a year.
The Pilgrims suffered a 60 percent death rate in their first year at Plymouth. The remaining 53 Pilgrims and 90 locals celebrated “Thanksgiving,” because their losses were actually relatively low.
Californians are about to be punished for exceeding the 25 percent statewide mandatory water savings edict with $300 million in conservation-related rate hikes.
The worldwide number of annual terrorist deaths has more than quadrupled since President Barack Obama was inaugurated in January 2009. Deaths from terrorism increased 80 percent last year to an all-time-record of 32,658 people killed, compared to 18,111 in 2013.
The Teamsters Union, representing shuttle bus drivers for tech companies, have kicked up pay for drivers from $18 dollars an hour to $25 after signing contracts with Apple and other Silicon Valley companies, part of a “domino effect” to organize the tech sector.
California employers added 41,200 new jobs in the month of October, as the Golden State’s employment production continues at a 50 percent higher pace than the nation as a whole.
The first political shock following the Paris bombings is the Argentine presidential election of conservative Mauricio Macri over the Peronist/Marxist ruling regime.
The CalPERS Board voted to refuse California Gov. Jerry Brown’s modest demand to decrease their expected pension investment returns by a tiny 0.2% year, because the impact would have increased pension contribution costs by about $1.2 billion across nearly 800,000 employees–about $125 per month, on average.
Tesla Motors stock wavered on November 20 after the company issued a voluntary worldwide recall to inspect every one of the 90,000 Model S cars the company has ever built.
Although Democrats like to talk about unfair wealth inequality in America, six of the ten richest members of Congress are Democrats and the poorest member is a Republican.
The Board of the Los Angeles Airport Commission voted unanimously to build at taxpayers’ cost a ritzy private lounge to cater to the whims of uber-wealthy Hollywood celebrities, sports figures, diplomats and politicians seeking to avoid mixing with taxpayers.
China gave Russia’s defense industry a huge boost on November 19 by ordering 24 Su-35s, at a cost of $83 million each, to face-off against Lockheed’s $400 million F-35.
The U.S. Department of Housing and Urban Development has declared that with a 20 percent jump this year, Los Angeles is still leading the nation in homelessness–despite $25 billion a year in welfare spending going to the L.A. region.
CEO Marissa Mayer denied rumors over the weekend that with Yahoo stock down 38 percent over the last twelve months, she was about to leave the company.
Despite El Niño generating three times the amount of snow in Mammoth in the first half of this month as it did for the entire month of November last year, California’s failure to build infrastructure means most rain will be lost to run-off and flooding.
The rumor mill indicates that the 155 acres that Apple quietly acquired near San Jose International Airport are enough for the R&D center for its “Project Titan” self-driving cars.
Tesla claims it will sell a half million vehicles a year when its $35,000 Model 3 is introduced in 2017, but the network of charging stations in California is already imploding with just 160,000 registered electric vehicles.
Beyond the horrific deaths, injuries, and panic from seven coordinated terror attacks in Paris, the consequences of France’s 9-11 will likely be a serious deflationary recession and right-wing nationalism spreading across Europe.
Google activated its “Person Finder,” and Facebook activated its “Safety Check” tools on the evening of Friday, November 13, to let anxious users check the status of friends and family caught up in the Paris terrorist attacks.
Tesla claims it will sell a half million vehicles a year when its $35,000 Model 3 is introduced in 2017. However, the network of charging stations in California is already imploding with just 160,000 registered electric vehicles on the roads.
