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| August 19, 2018

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California’s heat wave is making lemons far more expensive

August 10, 2018 |

The lemon slice for your iced tea is set to get more expensive, and you can blame California’s scorching weather for that.

The hot conditions that helped spark deadly wildfires in California also are taking a toll on the state’s citrus crop. Although groves have largely been spared from the blazes,…


L.A. Times – Business

California’s salmon industry fears it will be wiped out by Trump

August 5, 2018 |

Heather Sears has been fishing for salmon out of this unassuming coastal community for nearly two decades. This year, for the first time since she arrived in 1999, she won’t be going out to sea.

“I just didn’t think we’d have much fish this year,” she was telling me in a chilly backroom of her…


L.A. Times – Business

California’s Growing Wildfire Started in a Humdrum Way

July 28, 2018 |

California’s latest wildfire is only getting worse, and “firenadoes” aren’t helping. That’s the term used by a spokesman for the crews battling what is known as the Carr Fire in Shasta County, reports ABC News . Think winds of about 60mph fanning flames into a “fire tornadoes” that can overturn vehicles…
Newser

Arson suspect linked to 5 of California’s fires, officials say

July 27, 2018 |

A fast-moving wildfire — believed to have been sparked by arson — tore through trees, burned five homes and forced evacuation orders for an entire forest town as California sweltered under a heat wave and battled ferocious fires at both ends of the state.
FOX News

Trump moving forward to end California’s authority to set clean-air standards, mandate electric-car sales

July 23, 2018 |

The Trump administration will seek to revoke California’s authority to regulate automobile emissions — including its mandate for electric-car sales — in a proposed revision of Obama-era standards, according to three people familiar with the plan.

The proposal, expected to be released this week,…


L.A. Times – Business

California’s oldest mover thrives on pampering and privacy

July 8, 2018 |

With 30 days to vacate her 56,500-square-foot mansion, Candy Spelling had decades of rococo treasures to relocate. So producer Aaron Spelling’s widow hired California’s oldest — and perhaps most discreet — moving company.

Stretching back to Hollywood’s Golden Era, Rene’s Van & Storage is a lens…


L.A. Times – Business

Are three Californias better than one? Voters will face that question in November

June 16, 2018 |

An initiative to break America’s most populous state into three smaller states gathered more than the required 402,468 signatures and earned the right this week to a spot on the Nov. 6 state election ballot.
FOX News

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