Topic: Jerry Brown
Top galleries, list articles, quizzes
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Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
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In Pictures Taking office 2011
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Jerry Brown's California: Five big changes from 1975 to 2011
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In Pictures Jerry Brown through the years
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Gallery Election day 2010
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LA school district could become nation's first to ban suspensions
The Los Angeles Unified School District could move to ban suspensions of students who choose to defy rules. The board will deliberate on the bill tomorrow.
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Calif. homes sinking in mysterious 'slow motion disaster'
Calif. homes sinking: Eight Calif. homes are now abandoned and 10 more are sinking and under notice of imminent evacuation. The postman has been told to stop mail delivery: It's too dangerous.
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USA Update California law boosts confiscation of illegal guns: Model for other states?
The California measure, signed into law Wednesday, authorizes $24 million to hire additional agents for a state program that takes away firearms from people prohibited from owning them.
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Opinion California's balanced budget? Hold the applause.
Although Gov. Jerry Brown has pronounced California's "did the impossible" with its balanced budget, the state is still in miserable condition. Like the federal government, it has to make some hard choices going forward. And voters need to make an extra effort to participate in state politics.
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Will your state taxes go up? How legislatures are leaning.
As red states get redder and blue states bluer, state taxes could head in opposite directions. Some states are trying to eliminate income taxes, others are raising them.
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Global Viewpoint Italian elections: Monti vs. Berlusconi and a test of democracy
The upcoming Italian elections are a contest between the populism of short-term fixes championed by Silvio Berlusconi and the long-term reforms of Mario Monti necessary to make Italy’s economy solvent, competitive, and sustainable over the long run.
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The Phil Mickelson effect: Do millionaires flee states with high taxes? (+video)
Golfer Phil Mickelson said he might move to Florida after California raised tax rates on the wealthy. Studies looking into tax flight have come to mixed conclusions.
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Surprise! California has a budget surplus
What's rarer than a conservative in Hollywood? A surplus in Sacramento. Gov. Jerry Brown's new budget closes the $25 billion deficit he inherited — and even shows a modest budget surplus.
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Energy Voices Top energy stories of 2012. What's your pick?
From the fracking revolution to the CAFE standards to India's record blackout, 2012 had plenty of energy stories. Vote for your pick of top energy story for the year.
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Calif. gay conversion therapists win first round in court
A US District Court Judge made a decision just hours after a hearing on the issue, ruling that First Amendment rights of therapists outweigh concerns about danger to young people of gay conversion therapy.
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Workplace has no 401(k). Could states help?
Six in 10 private-sector employees aren't offered a retirement plan at work. So California and a few states are looking to offer them retirement plans.
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Is the California economy finally turning a corner?
In California, the deficit for the current fiscal year is projected to be $1.9 billion, down from $25 billion in recent years. The unemployment rate and some home sales are also improving.
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Global Viewpoint Growing wealth concentration threatens to end American opportunity as we know it
The American creed of equal opportunity is in danger of becoming Hollywood fiction. Wealth concentration, manufacturing's demise, and technology eliminating jobs are destroying upward mobility. We must invest in education, training, and R&D. We must also pay for it.
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The New Economy High taxes don’t drive the rich out of California
When their taxes were raised 1 percent in 2005, millionaires were actually less likely to move out of California than in other years, according to a new study. Tax decreases didn't lure the rich to California, either.
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Jerry Brown tax hike suddenly on the ropes. Does he have time to save it?
With less than two weeks to go before Election Day, support for Jerry Brown's tax hike has plunged below 50 percent in two polls. If it fails, $6 billion in automatic cuts kick in.
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Focus Election 2012: Ballot initiatives reflect nation's mood
The 174 propositions on state ballots point to evolving opinions on marijuana, same-sex marriage, health care, and more. Do the initiatives show the power of direct democracy or lack of legislative leadership?
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California's dueling tax hikes: 'Nightmare' ahead?
California Gov. Jerry Brown has asked voters to approve Proposition 30, a tax hike that he says will save the state from fiscal disaster. But another tax plan on the ballot could muddy the waters.
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Energy Voices California moves to ease sky-high gas prices. How soon will they fall?
In the wake of record California gas prices, governor orders air-quality regulators to let refiners switch to winter-blend fuel. But how quickly California gas prices fall depends on a variety of refinery and pipeline issues.
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Manson family member's plea for freedom is answered (+video)
Bruce Davis, a former follower of Charles Manson, was sentenced to life in prison in 1972. On Thursday, after 40 years in prison, a panel recommended his parole.
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Why California will give driver's licenses to illegal immigrants
Late Sunday, California Gov. Jerry Brown signed a law allowing driver's licenses for illegal immigrants eligible for work permits under a new Obama administration policy.
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At Google HQ, Calif. Gov. Jerry Brown signs self-driving cars bill
The bill by Democratic Sen. Alex Padilla will establish safety and performance regulations to test and operateautonomous vehicles on state roads and highways.
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California governor paves way for driverless cars
Gov. Jerry Brown signed legislation Tuesday that will pave the way for driverless cars in California. Driverless cars use computers, sensors and other technology to operate independently, but allow humans to take control at any time.
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Ponderosa fire destroys 84 homes as West sees bigger wildfires this year (+video)
The Ponderosa fire in northern California threatens another 900 homes. The Ponderosa fire is 57 percent contained. Elsewhere in the West, states are tallying the rising costs of big wildfires this season.
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California governor declares state of emergency as fire threatens (+video)
The Ponderosa fire in northern California is spreading, 3,000 people have been evacuated and 24,000 acres have burned.
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Dallas launches air war against West Nile mosquitoes. Is it safe?
Dallas has begun aerial spraying to control mosquitoes carrying the West Nile virus. Officials say the substance is safe, and the EPA has approved its use. But not everyone is convinced.
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