California Schools
Gov. Gavin Newsom’s proposed new budget provides K-12 schools and community colleges an all-time high of $80.7 billion next year, up from $59 billion six years ago.
Sears
With more than 100 stores still in California, the bankrupt retail chain, losing sales to Amazon, Walmart and Home Depot, hasn’t turned a profit since 2010 and teeters on the edge of liquidation.
NIMBYs
In a new hard line, Gov. Gavin Newsom announces cities and counties that don’t build enough housing will be denied transportation funds for not meeting state quotas. But details are still vague.