How Safe Is Your Pension?
Defined-benefit plans represent a promise, but whether it will be kept depends on the type — and your employer
Pensions put the risk on employers, who are on the hook to pay retirees an agreed amount no matter what happens to the underlying investment.
Five Star Bank: 20th Anniversary
Five Star Bank celebrated its 20th anniversary at The Sutter Club in downtown Sacramento Oct. 3. The event included wine and hors d’oeuvres. A large donation was given to The Sutter Club Foundation by Five Star Bank, Buzz Oates and Frank Ramos.
Is Stockton’s Basic Income Program Working?
Stockton is halfway through an 18-month program that provides $500 a month to 125 people from low-income ZIP codes. Proponents say the program is a step toward economic equality; opponents say it’s unrealistic and enabling.
Should College Athletes Profit From Their Prowess?
The NCAA says no, but California may say yes
Hayley Hodson’s volleyball career took off when she was still in high school, with an invitation to compete on the U.S. Women’s National Team. As she traveled the world winning medals, the Newport Beach student took care not to run afoul of NCAA eligibility rules barring prospective college athletes from accepting financial compensation, her sights still set on playing for a top school.
How Financial Technology Can Help Lift People Out of Poverty
As my taxi meandered out of the Kolkata International Airport parking lot and into the dimly lit streets, I was suddenly overcome by emotion of a new reality I have never endured.
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SVP Sacramento: Empowering Nonprofits in Telling Their Story
Storytelling is one of the most impactful ways to connect, inspire and shape a vision for the future. For many nonprofits, storytelling proves to be rather difficult. The problem is not due to a lack of stories to tell, but rather an abundance of them, making it challenging for nonprofit leaders to demonstrate exactly what they do and the impact they are having.
CalChamber-Backed Study Says Service Tax Would Disadvantage California Businesses
A study backed by California Chamber of Commerce has found that adopting a business service tax — i.e., a tax on lawyers, accountants and consultants — would hurt the economy and put the state at a competitive disadvantage.
Lost in the Block
Blockchain is poised to oust middlemen across industries — here’s how it works
Bitcoin’s value in the real world derives in part from the fact that it runs on a blockchain, a distributed and transparent online accounting register
Women in Leadership: Selvi Stanislaus, Franchise Tax Board of California
As part of our 2019 salute to women in leadership, we feature seven of the Capital Region’s most relevant and successful women leaders — here’s one of them.
Go Fund Yourself
When it comes to fostering and attracting innovative business, does the Capital Region have enough capital?
Does the Capital Region have enough capital? One expert estimates there is about a half billion in funding with only have of that invested. So how are local startups getting funded, and is the pool enough to draw more of them here?