Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2020, real GDP increased 4.3 percent. The GDP estimate released today is based on source data […]
Sacramento, CA…California Attorney General Rob Bonta today announced a $300 million settlement against Indivior plc and Indivior Inc. (collectively, “Indivior”) resolving claims that Indivior falsely and aggressively marketed Suboxone, resulting in improper use of state Medicaid funds. Suboxone is a drug product approved for use by recovering opioid addicts to avoid or reduce withdrawal symptoms […]
Washington, DC…SBA Administrator Isabella Casillas Guzman today announced the U.S. Small Business Administration will begin registrations on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at noon EDT for the Restaurant Revitalization Fund. The online application will remain open to any eligible establishment until all funds are exhausted. “Restaurants are the core of our neighborhoods […]
Washington, DC…The U.S. Small Business Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental Targeted Advances – on April 22, 2021 that will provide $5 billion in additional assistance to 1 million small businesses and nonprofit organizations that have been most severely affected by the economic effects of the COVID-19 pandemic. The Supplemental […]
Sacramento, CA…Governor Gavin Newsom today directed the Department of Conservation’s Geologic Energy Management (CalGEM) Division to initiate regulatory action to end the issuance of new permits for hydraulic fracturing (“fracking”) by January 2024. Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by […]
Santa Cruz, CA…The Santa Cruz Beach Boardwalk is joining other amusement parks across the country – employing temporary workers to help fill the schedule in May and June after an unprecedented year of closure. Spring and early summer are typically busy months for amusement parks and attractions, yet many students are not available to work […]
Salinas, CA…Both classic and modern Porsches, beautifully restored MGBs, authentic Triumphs and BMWs were alongside cars as modern as Tesla, Aston Martin and Ferrari as they filed in to drive the track. John Narigi, president and general manager of WeatherTech Raceway Laguna Seca, in an effort to bring positive attention within the community, welcomed members […]
Santa Cruz, CA…Santa Cruz County Bank (OTC: SCZC), with assets over $1.5 billion, is a top-rated community bank headquartered in Santa Cruz County. Today the Bank announced record unaudited earnings for the first quarter ended March 31, 2021. Net income for the quarter was $5.8 million, an increase of $1.4 million, or 32%, over the same period in 2020. Santa Cruz County […]
Sacramento, CA…Governor Newsom and the governors of Connecticut, Hawaiʻi, Maine, Massachusetts, New Mexico, New Jersey, New York, North Carolina, Oregon, Rhode Island and Washington sign joint letter urging Biden Administration to set nationwide ZEV standards and leverage American Jobs Plan investments to support ZEV infrastructure. Governor Newsom to participate in virtual U.S. Climate Alliance event today […]
Ukiah, CA…Regional state of emergency proclaimed for Russian River Watershed to protect communities and reduce environmental impacts. With much of the West experiencing drought conditions and California squarely in a second consecutive dry year, Governor Gavin Newsom today directed state agencies to take immediate action to bolster drought resilience and prepare for impacts on communities, […]
