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| May 25, 2018

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California's Archives -

Chief investment officer is leaving CalPERS, California’s $350-billion pension fund

May 14, 2018 |

The chief investment officer of California’s $ 350-billion pension fund is stepping aside.

Ted Eliopoulos announced Monday that he’s leaving the California Public Employees’ Retirement System after a replacement is hired. He is one of California’s highest paid state workers and responsible for the…

L.A. Times – Business

Killing Obamacare’s coverage mandate will cut enrollment but leave California’s marketplace stable, study says

March 2, 2018 |

California’s individual health insurance market will probably see a sharp drop in enrollment but should remain stable after Congress eliminated the requirement for individuals to carry coverage, a Harvard-led study published Thursday found.

The federal tax reform act in December removed the individual…

L.A. Times – Business

California’s two health insurance regulators to investigate Aetna coverage decisions

February 13, 2018 |

Both of California’s health insurance regulators said they will investigate how Aetna Inc. makes coverage decisions, as the lawsuit of a California man who is suing the nation’s third-largest insurer for improper denial of care heads for opening arguments Wednesday.

The Department of Managed Health…

L.A. Times – Business

Girl Scout Takes Huge Advantage of California’s Legal Weed

February 8, 2018 |

An enterprising young Girl Scout showed a natural instinct for capitalism when she set up outside a California marijuana dispensary last Friday and sold over 300 boxes of cookies in just six hours, KGTV reports. But she may have also broken the rules. The unidentified scout started getting attention after…

This Might Become California’s Official Sport

January 22, 2018 |

California has an official state tree in the redwood. Now two lawmakers think that something else is so Californian in its nature that it deserves similar stature: surfing. Yes, State assembly members Al Muratsuchi and Ian Calderon have introduced Assembly Bill 1782 to make surfing the official state sport, reports…

California’s top marijuana regulator talks about what to expect Jan. 1, when legal pot market opens

December 25, 2017 |

California’s legal pot market opens for business on Jan. 1. The day will be a milestone, but what exactly will happen then and, especially, in the weeks and months to come is unclear.

Lori Ajax, the state’s top pot regulator, has been at the center of the effort to establish rules for a legal pot…

L.A. Times – Business

California’s Thomas wildfire now largest in state history

December 23, 2017 |

The blaze known as the Thomas fire in Southern California is now the largest in the state’s recorded history, fire officials said Saturday evening.
FOX News

California’s drive for the hydrogen fuel cell fast lane extends to new regions

November 25, 2017 |

It was love at first drive for Chris Schneider and his Honda Clarity.

“This is the most rewarding automotive experience I’ve ever had, and I’ve driven lots of different vehicles with all kinds of technologies,” the 61-year-old said on a recent Sunday morning while fueling up.

Schneider’s car is…

L.A. Times – Business

California’s ski season starts with good snowfall and higher lift prices

November 23, 2017 |

The snow is falling but lift ticket prices are rising at many California ski resorts.

November storms have already dumped heaps of snow in the Sierra Nevada mountains, including around Lake Tahoe, allowing a few resorts to open.

But enjoying that snow will cost winter sports enthusiasts more.


L.A. Times – Business

How California’s wine country and Las Vegas are trying to lure tourists back after tragedies

November 2, 2017 |

In the wake of the worst mass shooting in modern U.S. history, Las Vegas shelved its fun-loving motto of “What happens in Vegas, stays in Vegas,” replacing it with a hashtag — #VegasStrong — to promote tourism to the gambling mecca.

Weeks after wildfires charred California’s wine country, that…

L.A. Times – Business