The unemployment rate for 16-to-24-year-olds is twice that of the population overall, says a Labor Day weekend report. The portion of the group that is in the jobs market is at a historic low.
With Jerry Brown now governor, California lawmakers are resurrecting an idea vetoed by Arnold Schwarzenegger: Make utilities buy at least 33 percent of electricity from renewable sources.
The film industry is fighting proposals to create a 'futures exchange' for investors speculating on Hollywood box office profits and losses. No word yet on who has the screen rights.
A proposed futures commodity exchange, in which investors could speculate on which movies will make money, is opposed by the MPAA as 'legalized gambling on movie receipts.'