With about $350 billion in assets, CalPERS is the largest public pension fund in the nation. Comstock’s spoke with CEO Marcie Frost about some of the challenges the system faces — including the decision to lower its expected rate of return, thereby driving up the mandatory financial contribution from state and local governments.
Emily Baime Michaels, executive director of Midtown Association, offers her insight into Sacramento business and arts partnerships in the Capital Region.
Green zones approved for commercial cannabis are limited, and demand for commercial space has driven up property values in Sacramento. Local businesses — both cannabis-related and otherwise — are feeling the pinch.
Canna-Hub, a cannabis real-estate development firm, is planning its own massive cannabis complex in the city of Williams.
The legalization of adult-use marijuana in November 2016 created an opportunity for California to rethink drug education programs, as a portion of the tax revenue from the new commercial cannabis market must go to education programs.
Hustling by itself may have a negative connotation, but co-opting the term seems to mirror the millennial tendency to reclaim edgy words.
California is struggling to confront its a homelessness crisis: After big-city mayors up and down the state lobbied hard for more funding, state leaders agreed to spend an additional $600 million to help fight the problem.
Getting reliable information about cannabis may be more important than ever. But finding reliable cannabis information has become harder because of another trend — the decimation of newsroom staffs.
Outside, the new Cowo Campus is a not-so-obvious coworking space. It takes up the second floor of a bureaucratic-looking building also home to the DMV’s New Motor Vehicle Board. But inside, Cowo Campus resembles a trendy and modern workspace, with sleek offices and furniture, contemporary art and artisan coffee, among other amenities.
Amanda Blackwood took charge of the Sacramento Metro Chamber on May 1, and immediately embarked on a 100-day plan to assess and redefine strategy.
Apprentices offer a much-needed path to quality, high-paying careers.
In 2018, Golden Pacific Bank is an anomaly, one of the few remaining community banks in the Capital Region to emerge in the past 10 years and not be acquired by a larger entity.
Joe Devlin, Sacramento’s first chief of cannabis policy and enforcement chats about what can be expected in the near future for legal cannabis in Sacramento.
In November, the Sacramento Region Business Association launched Region Finance, a trade association created to help local governments do more business with community banks. Its board consists of executives from local banks — including River City Bank, American River Bank and others — pushing to keep businesses, resources and funds local to spur economic growth.
Restaurants, retail stores and salons are among the businesses finding assistance and resources from the Downtown Stockton Alliance, a public-private partnership uniting property owners and downtown businesses with a 2018-2019 strategic plan that focuses on specific steps to increase safety and cleanliness for a more more vibrant downtown.
California’s major revenue sources have shifted over time. Until 1995, the biggest was property taxes. Today, it’s personal income taxes.
And California ranks fairly high in overall taxation: 10th highest both per capita and as a percentage of personal income, based on the latest available data from the U.S. Census.
At the Regional Futures Forum held in Carmichael last month, the Sacramento region’s elected officials and executives from city, county, private sector and non-governmental organizations gathered to hear the findings from an independent assessment conducted by the Brookings Institute.
The Sacramento Bee imposed its latest round of layoffs and company buyouts on Tuesday, targeting 15 editorial staffers and eight working on the production and copy desk.
Pot may be on its way to beating pop.
The U.S. legal cannabis industry is expected to reach $75 billion in sales by 2030, according to research firm Cowen & Co. That’s almost as large as the North American carbonated soft drink market in 2017.
A Google-led plan to overhaul how valuable airwaves are used for calls and texts is gaining momentum across the wireless industry, giving the company the chance to play a central role in networks of the future.