Placer is no longer the small, rural county of old. It now boasts medium-sized cities, major employers and a population expected to grow at a faster rate than the rest of the region.
Roseville’s downtown — once the civic core — is now off the beaten path, given how the city has developed over the years, spreading out with subdivisions and new thoroughfares that keep people away from this original urban center.
California will be forced to pay billions more in pension contributions for government employees after the state retirement system’s decision to lower its assumed rate of return.
Californians in April will start paying more to register their cars — not to help maintain roads, but to keep the pension checks rolling for the motorcycle cops who policed them.
Persado CEO Alex Vratskides could raise venture funding. He’s just not sure he wants to.
His New York-based startup doubled annual revenue this year and is on track to break even in 2017. Valued at about $200 million in April, the marketing automation company counts Bain Capital and Goldman Sachs among its backers — a source of validation in the eyes of many venture investors.
It’s freezing in Chicago, and California could feel it — in the form of a bump in natural gas prices.
Dayton, Ohio, gave the world the Wright Brothers and the electric cash register. As recently as 1990, manufacturing jobs there were the backbone of the local economy. But in the two decades since, the area has lost thousands of blue-collar jobs, and the local housing market still wears the scars of the foreclosure crisis.
The last time millions of Americans were signed up for a new government-mandated benefit program, it didn’t go so well. The initial rollout of the Affordable Care Act, or Obamacare, resulted in broken websites, angry employers and lots of confused consumers.
On the plains of West Texas, new wind farms can be built for just $22 per megawatt-hour. In the Arizona and Nevada deserts, solar projects are less than $40 per megawatt-hour. Compare those figures with the U.S. average lifetime cost of $52 for natural gas plants and about $65 for coal.
Investors who pushed up shares of GM, Ford and Fiat Chrysler on a bet that Donald Trump will gut clean-air rules may have forgotten another player with a big say: California.
Donald Trump wants American companies to bring trillions of dollars in offshore cash back home, arguing that the money could be used to fund a manufacturing renaissance.
With about two months to go before it hands over the White House — and potentially Obamacare’s fate — to Trump, the Obama administration is making a final push to get people into the program.
U.S. stocks rallied amid heavy trading and Treasuries tumbled as investors reassessed the effects of Donald Trump’s surprise victory in the American presidential election.
Every community wants a robust economy capable of competing with any other in the country. But how do you do that? That’s the question the Greater Sacramento Area Economic Council is trying to answer. We sat down with Dr. Chris Weare, the group’s director of research and strategy, to learn about its efforts to pump more life into the Capital Region’s economy.
Your company could benefit from its own version of an online retail event to drive excitement, loyalty and sales.
The lavish, invite-only Diner en Blanc, is a private, international pop-up picnic party that prides itself on its secrecy and fashionability. According to the official website, “Thousands of people, dressed in all white, and conducting themselves with the greatest decorum, elegance, and etiquette, all meet for a mass ‘chic picnic’ in a public space.”
As California enters its sixth year of drought, residents and businesses aim to conserve water. But amid such hyper-hydro-awareness, there has been little attention paid to the production of meat and dairy, by far the biggest water guzzling industry in the state.
While California is all-consumed with water wars, the Sacramento region’s efforts toward collaboration are easy to overlook. The best example is the landmark Water Forum Agreement, which 22 water agencies from Sacramento, El Dorado and Placer counties signed in 2000 to balance the environmental and human needs of the lower American River. Now, water agencies have joined together to launch the River Arc Project.
The California Public Employees’ Retirement System, the largest U.S. public pension fund, is ratcheting down expected investment gains over the next decade as low interest rates and a gloomier stock market depress returns.
As many will attest, the entrepreneurial journey is often a case of survival. It has been described as overwhelming, full of trial and error and harsh lessons. Despite all the hard work invested, the process, when improperly handled, can often impede one’s ability to succeed.