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.
Two Silicon Valley companies that import foreign software engineers for Apple and other firmss were fined and banned from the controversial H-1B visa program for underpaying what are already cheap foreign tech workers.
A study presented at the British Royal Astronomical Society’s recent annual meeting confirms that the sun may go into a “hibernation” mode around 2030 called the “Grand Solar Minimum” that could cause another “Little Ice Age.”
With the appointment of Neel Kashkari as President of the Federal Reserve Bank of Minneapolis, former Goldman Sachs executives will hold 4 of the 5 Fed Presidents’ seats on the powerful Federal Open Markets Committee that controls U.S. interests rates.
As Carlsbad’s $1 billion desalination plant is about to go online in the next 30 days, residents can look forward to paying for huge water subsidies to a private company for the next 30 years.
The latest USC Dornsife/L.A. Times Poll found a sharp divide separates the economic optimism of upscale coastal elites and the anxiety of financially stressed Californians.
Despite peanut butter already being so popular that it is in 94 percent of American households, Steem Peanut Butter intends to take the iconic staple even more popular by adding the caffeine of two cups of coffee to each serving.
Jerry Brown’s alleged use of California state staff to access geological data may have been related to an effort to maximize the potential for fracking on the Governor’s private land.
Despite offshore wind farms around the world serving as Osterizers for seabirds and sonar jamming devices for marine mammals, an out-of-state company with no experience is proposing to install 100 floating turbines, each up to 636 feet tall, offshore from the Hearst Castle in California.
The sharing economy that has revolutionized crowd-sourced taxi services and overnight room stays is launching Los Angeles County’s first “bike share” in the People’s Republic of Santa Monica.
Despite clinging to the title of “World Capital of Porn” the San Fernando Valley is on the verge of losing a $97 billion porn industry, thanks to a 2016 ballot initiative and aggressive workplace regulation enforcement.
After the Orange County Register filed an emergency bankruptcy at 1 a.m. on Sunday morning, Tribune Publishing, the owner of the Los Angeles Times, surprised a federal court hearing with $3 million zero rate interest loan to keep the Register and Riverside’s Press-Enterprise operating in what appears to be a move to gain monopoly control of SoCal newspaper publishing.
The annual WalletHub’s 2015 “Best & Worst Small Cities in America” found that all 20 of the worst small cities in America to live in are in California.
Los Angeles County Beach Lifeguards and other public employees will receive the equivalent of a 10 percent pay raise over the next two years, while retirees on Social Security will receive zero increases.
Although Proposition 47 promised hundreds of millions of dollars for schools, mental health, and victim services by downgrading drug possession from a felony, it also downgraded date-rape drug possession from a sexual-offender felony to a misdemeanor, according to San Diego
With wearable fitness devices the fastest-growing sector of consumer electronics, Fitbit, Inc. (FIT-NYSE) and Jawbone are engaged in a life-or-death marketplace and legal war.
Jerry Bruckheimer told a Loyola Marymount University film school audience last week that “Tinsel Town” is about to cede its moviemaking dominance to China, and TV is the future.
With the signing of the Congressional budget deal on November 2 and sale of at least another $1.5 trillion in Treasury debt before he leaves office, President Obama will have earned title: “Mr. $20 Trillion.”
California has failed to upgrade its flood control dams to prepare for the type of El Niño killing machine that cost the lives of up to eight Texans this weekend due to record thunderstorms, flooding and 50 mile-per-hour prevailing winds.
Hewlett-Packard Inc. is officially spinning out its personal computer and printer operations into a free-standing company from its enterprise software systems and consulting business on Monday, creating two companies with market capitalizations of about $25 billion each.
Chevron Corp. reported earnings that were substantially better than expected, but will cut capital spending by 25 percent and employment by over 10 percent if the price of crude oil remains below $50 a barrel.
With Silicon Valley having caught up to Wall Street for the top spot in financially influencing Washington D.C., they are developing technology to fix the American Democracy to be more responsive to Silicon Valley corporate needs. Chris Lehane, a Bay
Activities at the Long Beach Harbor slowed dramatically after the International Brotherhood of Teamsters President James P. Hoffa committed his union’s 1.4 million nationwide membership to supporting “labor action” against Port of Long Beach truckers and warehouse operators for the
Russian President Vladimir Putin appears ready to cooperate with the European Union to remove economic sanctions–after having gained enormous international leverage through his surprise military intervention in Syria.
Desperate for revenue, several states are making a major push to regulate and tax so called “daily fantasy sports,” such as New York’s FanDuel and Boston’s DraftKings.
