Golden State Today

Paul Tice, a writer, analyst, and adjunct professor, suggests that the prolonged stability in the market until 2020 led to a continuous search for new trends, with ESG becoming the latest focus amid Wall Street's shift towards a less innovative and more compliant approach. Tice was a guest on a recent episode of Next Round Podcast.

Governor Newsom Announces Appointments 3.14.24

SACRAMENTO – Governor Gavin Newsom announced several key appointments on March 14, 2024, to various positions within California state government.Bridget Kolakosky, who hails from Woodland, has been appointed as the Deputy Director for Legislative and Governmental Affairs at the California Governor’s Office of Emergency Services.Nailah Pope-Harden, a resident of Sacramento, has been appointed as the Deputy Director for Equity and Tribal Affairs at the California Department of Transportation.Eric Sundquist, also from Sacramento, has been appointed as the Deputy Director...

Governor Newsom Statement on Early Action Budget Proposal

Mar 14 2024SACRAMENTO — Governor Gavin Newsom today issued the following statement on the Senate’s early action package to address the budget shortfall and cut California’s deficit while protecting key programs:“The deficit we’re facing this year will require big solutions, and I appreciate the Senate’s plan to close California’s budget deficit by $17 billion. I look forward to seeing this proposal move forward quickly.”Governor Newsom expressed his support for the Senate's initiative to tackle the budget deficit, highlighting the importance of swift action in...

Undergrad Business Major Approved for UC Davis Curriculum in Fall 2025

The University of California, Davis, is set to introduce a new undergraduate business major in the fall of 2025, marking a significant milestone for the institution. Chancellor Gary S. May expressed his enthusiasm for the program, stating, “We look forward to deepening connections with our business community and sparking new relationships that will support the experiential learning of undergraduate students in this new academic degree program.”The groundwork for this business major was laid out by a dedicated working group, including members such as Stephen Boucher,...

Finance research analyst: The UN has ‘no place giving investment advice’

Paul Tice, writer, analyst, and adjunct professor, asserts that the UN's aspiration to offer investment advice exposes a significant strategic drift due to its lack of financial expertise, highlighting a broader trend of pursuing control over the financial market. Tice was a guest on a recent episode of Next Round Podcast.

CalChamber Board Opposes ACA 1 and Gubernatorial Recall

At their quarterly meeting last week, the California Chamber of Commerce Board of Directors voted to oppose both ACA 1 and a newly announced effort to recall Governor Gavin Newsom.ACA 1, a measure that would lower the supermajority vote requirement for tax increases, was opposed by the CalChamber Board due to concerns about its impact on property taxes and affordability in California. The board stated, "If passed, it would open the door for property tax increases as well as local government special taxes, making California less affordable for working families and...

California Distributes $50 Million to Boost Salmon Population

The California Department of Fish and Wildlife has announced the allocation of $50 million in grants for 15 projects aimed at supporting habitat restoration efforts to enhance the salmon population in various regions of California. These funds are part of a broader initiative to revive California's salmon populations and align with Governor Newsom's Salmon Strategy.Governor Newsom emphasized the significance of these investments, stating, "These new investments are a key component to how we will restore California’s salmon population for the long-term, and we’re doing it...

Power restored after outage at multiple campus facilities

As of 8 p.m. tonight, power has been restored to all UC Berkeley buildings affected by the outage caused by a short circuit in a high voltage line at a campus substation earlier this afternoon. The campus anticipates minor lingering impacts within certain buildings, with normal operations expected to resume tomorrow.According to UC Berkeley, "No injuries to members of the community have been reported." The outage, which affected multiple facilities, was caused by a short circuit in a high voltage line at one of the campus substations.Efforts are ongoing to fully restore...

Governor Newsom Announces Appointments 3.13.24

Governor Gavin Newsom announced multiple appointments on March 13, 2024. Among those appointed were Tyler Sadwith, Mehgie Tabar, Tyrone Buckley, Kevin Grumbach, Nader Nadershahi, Cedric Franklin Rutland, and Van Ton-Quinlivan.Tyler Sadwith, the newly appointed State Medicaid Director at the California Department of Health Care Services, expressed his commitment to the role. Sadwith stated, "I am honored to take on this important position and continue serving the people of California."Mehgie Tabar, who has been appointed as the Director of Legislation at the California...

State Superintendent Tony Thurmond Announces the 2024 California Exemplary Dual Enrollment Schools

State Superintendent of Public Instruction Tony Thurmond announced that nine California schools were selected for the California Exemplary Dual Enrollment Award. "These programs are a beacon of excellence and equitable opportunity in California’s public schools," said Superintendent Thurmond.The award program identifies and recognizes schools with exemplary dual enrollment programs, allowing them to share their successful programs and practices. Schools eligible for the award included Early College High Schools, Middle College High Schools, and alternative education...

Governor Newsom Announces Judicial Appointments 3.12.24

Governor Gavin Newsom has unveiled his selections for key judicial appointments in California, naming Judge Tara Desautels and Justice Gonzalo Martinez to prominent positions within the state's Court of Appeal. Newsom announced, "Judge Tara Desautels as an Associate Justice of the First District Court of Appeal, Division Two and Justice Gonzalo Martinez as Presiding Justice of the Second District Court of Appeal, Division Seven."The newly appointed judges across various Superior Courts bring a wealth of experience and expertise to their roles. Notably, Nichelle Holmes and...

Student Designers Bring Brazilian Folktale 'The River Bride' to Life at UC Berkeley

UC Berkeley’s Department of Theater, Dance and Performance Studies is gearing up to present Marisela Treviño Orta’s The River Bride this weekend. The play, set in a small Brazilian fishing village, tells a tale of love, regret, and transformation through the lens of Brazilian folklore and lyrical storytelling.Sisters Helena and Belmira, portrayed by Jayda Valen and Sarah Avalos respectively, are at the heart of the story, grappling with conflicting views on love, marriage, and familial responsibilities. The student designers at Berkeley have worked tirelessly to create a...

Media Diversity Surfaces Vital Conversations, Panelists Say

Four members of the news media gathered at Chancellor Gary S. May’s winter colloquium to discuss the importance of diverse voices in the media and the challenges they face in the industry.Chris Thomas, an evening anchor at Sacramento’s ABC10, highlighted the progress made in the industry by sharing his personal journey, saying, “That shows that we have come a long way.” He emphasized the significance of utilizing opportunities to have a seat at the table.During the panel discussion, Thomas recalled instances where he advocated for showing important footage, stating, “If...

CHP Conducts Sting Operations Resulting in Arrest of Suspects Linked to Carjacking Rings and Gangs in Oakland

The California Highway Patrol (CHP) has made significant strides in combating crime in Oakland and the East Bay through targeted law enforcement operations, resulting in the arrest of suspects associated with gangs, organized crime, and carjacking rings. Governor Gavin Newsom commended the efforts of law enforcement, stating, “Through coordinated efforts like this, state and local law enforcement are disrupting criminal networks, apprehending dangerous individuals, and making our streets safer for all Californians.”CHP Commissioner Sean Duryee emphasized the commitment of...

First Partner Siebel Newsom and California Partners Project Release Equal Pay Playbook on National Equal Pay Day

California First Partner Jennifer Siebel Newsom, in collaboration with the California Partners Project, has launched the Equal Pay Playbook on National Equal Pay Day. The Playbook is designed to assist companies in addressing internal wage gaps and creating a more equitable workplace. Siebel Newsom emphasized the importance of gender equality in the workforce, stating, "Women are the backbone of their communities and the economy... the gender wage gap continues to deliver the message that our work and our contributions have less value than men’s." The Equal Pay Playbook...

Groundbreaking Effort Reconnects Communities Divided by Freeways

SACRAMENTO — Governor Gavin Newsom has unveiled a new pilot program aimed at reuniting communities in California that have long been separated by highways. The initiative, titled the Reconnecting Communities: Highways to Boulevards grant program, will focus on increasing access and travel options in underserved neighborhoods in Arcata, South San Francisco, and southeast San Diego/National City.In a statement, Governor Newsom emphasized the significance of this endeavor, stating, "California is once again leading the way to repair the shameful history of redlining and...

CalChamber Adds UI Proposal SB 1116 to Job Killer List

The California Chamber of Commerce has officially designated SB 1116 as a job killer due to its potential impact on employers and the state's Unemployment Insurance (UI) Fund. The bill, introduced by Senator Portantino, has raised concerns regarding the financial burden it may impose on businesses across California.According to the California Chamber of Commerce, SB 1116 proposes a requirement for employers to subsidize striking workers through additional taxes paid to the UI Fund. This measure, if implemented, would not only increase taxes on employers but also...

Meet Eben Lazarus: Finance Faculty Joins the Team