Washington, DC…Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 2.4 percent in the fourth quarter of 2013 (that is, from the third quarter to the fourth quarter), according to the “second” estimate released by the […]
Washington, DC…Defense Secretary Chuck Hagel has proposed cuts in military spending that include further reductions in troop strength and force structure in every military service in the coming year as part of an effort to prioritize U.S. strategic interests in the face of reduced resources after more than a decade of war. Defense Secretary Chuck […]
Santa Ana, CA…The former owner of Pacific Hospital in Long Beach was charged today in a long-running health care fraud scheme that involved tens of millions of dollars in illegal kickbacks in exchange for referrals of thousands of patients who received spinal surgeries. The referrals to the hospital led to more than $500 million in […]
Washington, DC…Hi, everybody. Restoring the idea of opportunity for all requires a year of action from all of us. Wherever I can act on my own, I will – and whenever I can ask more Americans to help, I’ll do that too. In my State of the Union Address, for example, I asked more business […]
Sacramento, CA…Earlier this week, the Board of Directors of the California Public Employees Retirement System (CalPERS) adopted new actuarial assumptions. These assumptions stem from recent staff reviews of the overall system and needs associated with providing benefits to its members. The adoption of these new assumptions will result in employer (local government members and the […]
Sacramento, CA….Today’s announcement by the federal Central Valley Project that it will deliver no water to most of its farm customers highlights the lack of investment California has made in new water supplies, according to the president of the California Farm Bureau Federation. CFBF President Paul Wenger said the state has failed to insulate itself […]
Sacramento, CA…The Bureau of Reclamation today announced the initial 2014 water supply allocation for Central Valley Project agricultural contractors, municipal and industrial contractors and federal refuges. The California Department of Water Resources reports that snowpack and precipitation in the Sierra Nevada are historically low and the snow-water content statewide stands at 29 percent of average […]
Denver, CO…Gov. John Hickenlooper today released a proposed spending plan for revenues collected as a result of Proposition AA, which voters approved last fall to establish excise and sales taxes on adult-use marijuana. The spending plan calls for $4.5 million in FY 2013-14 and $99 million in FY 2014-15. “When the voters passed Amendment […]
Sacramento, CA… SACRAMENTO – With California experiencing its worst water shortage crisis in modern history, Governor Edmund G. Brown Jr. today joined Senate President pro Tem Darrell Steinberg and Assembly Speaker John A. Pérez to announce legislation to immediately help communities deal with the devastating dry conditions affecting our state and provide funding to increase […]
Yoqneam, Israel…Given Imaging Ltd, (NASDAQ: GIVN), a world leader in GI medical devices and pioneer of capsule endoscopy, announced that the U.S. Food and Drug Administration (FDA) has cleared PillCam COLON as a new modality to provide visualization of the colon. It may be used for detection of colon polyps in patients after an incomplete […]
