“Why don’t we start at the top and work our way down?” The voice of Greg Kelly echoes as he stands in the empty lobby of his brand-new office building. He’s ready to begin the tour.
Smaller landfills, fewer forest fires and more renewable energy — these are just a few perks California would get from increasing biomass energy, some experts say.
After four quarters of increasing venture investment, 2010 is off to a slow start. Venture capitalists invested $4.7 billion in the year’s first quarter, down from $5.2 billion in the fourth quarter of 2009, according to PricewaterhouseCoopers. The life sciences sector, including biotechnology and medical device industries, took the biggest hit with a 26 percent decline in venture investment over the previous quarter.
For Ken Apperson, the pivotal moment came in fall 2002. He was shuffling through the sporting goods section of Walmart in search of tennis balls when his cell phone rang. The caller, his old chum Scott Knorp, wanted them to quit their lucrative sales jobs and start their own telecom company.
Even in the best economy, employers fight a financial tug of war with the people who work for them. One side wants more pay and benefits while the other side wants to trim costs. When the economy takes a nose dive, though, the tug of war can get a lot rougher. State and local government jobs are getting much of the attention in Sacramento this year as furloughs and layoffs have increased tension with workers. But Sacramento’s private sector has seen temperatures rise, too.