With 1 million Californians filing for unemployment over the last two weeks, several major banks have agreed to delay foreclosures and offer mortgage relief to homeowners impacted by the coronavirus, Gov. Gavin Newsom announced Wednesday.
Social distancing may be good for public health these days, but it isn’t good for the California economy.
On a bleary Monday morning in Sacramento with the Dow Jones industrial average tanking, on its way to a 2,997 point drop and its worst day since 1987, Greater Sacramento Economic Council President and CEO Barry Broome offered advice for local business owners that he knows won’t be popular.
Six utilities serving more than 21 million Californians have announced that they will not shut off customers’ power for nonpayment as the coronavirus continues to disrupt daily life.
California’s governor took extraordinary action on Thursday, clamping down on public gatherings, ordering residents to follow public health rules, authorizing the state to commandeer hotels and medical facilities and whipping emergency officials into action to proactively stem the spread of the novel coronavirus.
Since 2015, Comstock’s has spotlighted more than 60 regional startups in our Startup of the Month column. Here are five standouts from the column that are going stronger than ever.
Uber, Lyft and other companies contribute an outsized share to climate-warming emissions, raising a question from from researchers and lawmakers: how can the state rein in emissions from gig economy companies built on drivers who own their vehicles?
Margaret Wong founded the Sacramento-based California Center in 2012 to facilitate business opportunities between California and China. Comstock’s spoke with Wong about expanding to the China market.
Lance Hastings became president and CEO of the California Manufacturers & Technology Association in November 2018. Comstock’s spoke with Hastings about challenges faced by manufacturers and how CMTA works to improve the business climate.
Sacramento Mayor Darrell Steinberg made a pitch to the crowd during his introductory remarks at an Urban Land Institute program addressing homelessness: “We need a Silicon Valley moment around efficient housing strategies in California.”