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| November 13, 2018

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California's Archives -

Is winter coming for Southern California’s housing market? Sales are falling and price cuts are more common

October 31, 2018 |

A chill is settling over the once white-hot Southern California housing market.

Listings are up. Sales are falling. Price reductions are becoming more common.

The latest evidence came Tuesday when CoreLogic released its monthly market report. Sales across the region plummeted nearly 18% in September…


L.A. Times – Business

Private-equity firm is pouring money into effort to repeal California’s bail reform

October 29, 2018 |

Backed by a private-equity firm, a large bail-bond company in San Diego is financing a campaign to repeal California’s landmark criminal justice reform.

The new law would abolish the state’s bail-bond companies, and in response, a handful in the industry has raised more than $ 2.5 million to push…


L.A. Times – Business

California’s dairy farmers were struggling to regain profitability. Then came the trade wars

October 28, 2018 |

“The overall feeling is that we hit ‘peak cow’ five or six years ago.”

Devin Gioletti, a fourth-generation dairy farmer in this Central Valley community, was outlining for me the trajectory of the dairy industry in California, the nation’s largest. He was alluding back to when the industry was…


L.A. Times – Business

Labor board confirms ouster of UFW from California’s biggest peach grower

September 28, 2018 |

Workers for the state’s largest peach grower have ousted the United Farm Workers union as their representative, the state Agricultural Labor Relations Board confirmed Thursday.

The decision by the board to certify the tally at Fresno County’s Gerawan Farming is a devastating blow to the union founded…


L.A. Times – Business

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