California’s Payments Into Teachers’ Pensions to Triple

California’s contributions to the California State Teachers’ Retirement System are projected to almost triple in less than a decade and may increase even more due to low investment returns and the cost of benefits enhanced in boom times.

Feb 7, 2017 Romy Varghese

Driving the Economy By Taking Our Hands Off the Wheel

If you are like me, you hate being stuck in traffic. But most of us don’t have a hired driver and public transportation isn’t always convenient.

Carmakers are working on what they think is a better idea — let the car do the driving.  Autonomous vehicles sound very Jetson-like. But as futuristic as it sounds, many vehicles already on our streets rely on computers. 

Jan 30, 2017 Winnie Comstock-Carlson

Gov. Brown Focuses on Trump, Dark Clouds as State Booms

California is enjoying its highest credit rating since the turn of the century, thanks to a record-setting stock rally, a resurgent real estate market and a Silicon Valley boom that’s left the government reaping budget surpluses.

Jan 12, 2017 Romy Varghese

Drought of Biotech IPOs as Health Investors Await Trump

Last quarter was the slowest three-month period for drug company initial public offerings in four years, according to Bloomberg data. And in all of 2016, only 36 biotech and pharmaceutical companies went public in the U.S., according to data gathered by Bloomberg, compared with 68 in 2015 and a record 85 in 2014.

Jan 9, 2017 Caroline Chen, Alex Barinka and Katherine Greifeld