Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

San Francisco, CA…Wells Fargo & Company (NYSE: WFC) announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, […]

Governor Vetoes State PILT Legislation

Governor Vetoes State PILT Legislation

Sacramento, CA…Governor Brown vetoed Senate Bill 1188 (McGuire and others) late last week despite unanimous support throughout the entire legislative process. While Governor Brown has included State Payment in Lieu of Taxes (PILT) funding in both the 2015–16 and 2016-17 budgets, last year’s change in statute leaves the future of State PILT payments in question. […]

Get Free Help With Your Medicare

Get Free Help With Your Medicare

San Francisco, CA…The column is by Cate Kortzeborn, Medicare’s acting regional administrator for Arizona, California, Hawaii, Nevada, and the Pacific Territories to help people understand their Medicare benefits better. When someone with Medicare finds his or her way to my office phone, it’s often because of a complicated and snarly issue that’s going to take […]

John Kerry Announces “International Day of the Girl,” Relief Efforts

John Kerry Announces “International Day of the Girl,” Relief Efforts

Washington, DC…The State Department is deeply committed to protecting and strengthening the rights of girls worldwide, and on this fifth annual International Day of the Girl, we recognize that addressing the distinct challenges facing girls, particularly adolescent girls, is critical to our ability to achieve U.S. foreign policy goals, including gender equality. Poverty, gender-based violence, […]

Samsung Asks All Global Partners To Stop Sales On Galaxy Note 7

Samsung Asks All Global Partners To Stop Sales On Galaxy Note 7

Suwon, South Korea…Samsung Electronics announced a global replacement program and recall for the Galaxy Note7 as a precautionary measure due to a battery cell issue. Since the launch of the Galaxy Note 7 there have been hundreds of world wide reports of the device having critical battery failure and fires. Since then, Samsung has been […]

Death Row Inmate Attacks San Quentin Correctional Officer

Death Row Inmate Attacks San Quentin Correctional Officer

San Quentin, CA…Condemned inmate Richard Penunuri, 38, attacked a correctional officer at San Quentin State Prison Oct. 3 as he was being secured in the shower stall. Officials at San Quentin have launched an investigation into the attack that occurred just after 3 p.m. as the officer was removing handcuffs from the inmate in the […]

“Age Well, Drive Smart,” A Senior Driver Safety Program Offered By CHP

“Age Well, Drive Smart,” A Senior Driver Safety Program Offered By CHP

Santa Cruz, CA…The California Highway Patrol is offering a traffic safety program for senior drivers. The Age Well, Drive Smart Program is designed to provide drivers with the keys to driving safer and driving longer. This program is designed as an educational tool for mature drivers. Topics of discussion will include: How to tune up […]

Increase In August Deficit For U.S. International Trade In Goods And Services

Increase In August Deficit For U.S. International Trade In Goods And Services

Washington, DC…The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $40.7 billion in August, up $1.2 billion from $39.5 billion in July, revised. August exports were $187.9 billion, $1.5 billion more than July exports. August imports were $228.6 billion, […]

Unemployment Insurance Claims In Decline Over Prior Week

Unemployment Insurance Claims In Decline Over Prior Week

Washington, DC…In the week ending October 1, the advance figure for seasonally adjusted initial claims was 249,000, a decrease of 5,000 from the previous week’s unrevised level of 254,000. The 4-week moving average was 253,500, a decrease of 2,500 from the previous week’s unrevised average of 256,000. This is the lowest level for this average […]