Topic: Stephen Levy
The annual California budget crisis led Gov. Arnold Schwarzenegger to declare a 'state of emergency' Wednesday. But the declaration is really a ploy to pressure unions, experts say.
07/29/2010 07:39 pm
A new report warns that Silicon Valley's status as a center of economic growth and innovation is in danger. Silicon Valley has lost 90,000 jobs since 2008, and venture capital funding has plunged.
02/12/2010 07:07 pm
As a deal stalled over school funding cuts, warnings sounded about rising state debt and falling bond ratings.
07/17/2009 01:00 am
Major banks say they won't honor IOUs that the state has issued. That could increase pressure on lawmakers – but it might not be the decisive factor.
07/10/2009 01:00 am
A $28 billion budget shortfall through 2010 could start to pinch next week.
12/10/2008 12:00 am