Google (GOOG) reports its second quarter earnings on Thursday, and while its first quarter report revealed a slight decline in its expenses from the fourth quarter, costs were well up from a year earlier, approaching three billion dollars.
The White House has been warning of dire consequences for California if automatic “sequester” cuts in federal spending take effect, as scheduled, on Friday, March 1st.
Struggling for the upper hand in the next round of debt talks, Republicans and Democrats this weekend drew lines in the sand they said they’d never cross when it comes to the U.S. debt limit.
Hundreds of San Francisco City College students took part in a protest Thursday over the consideration of a cost-cutting plan that would consolidate the school’s nine diversity departments.
The latest Field Poll shows there’s not a lot of enthusiasm for the state budget signed by Governor Jerry Brown and that there are concerns over the reliance on taxes that may not materialize as well as automatic spending cuts.
California Gov. Jerry Brown is proposing more than $8 billion in cuts to close a widening California budget deficit but also says public schools will receive more money if voters approve his tax-hike initiative in November.
It was standing room only at Tuesday night’s Oakland city council meeting with hundreds of city workers and community members protesting Mayor Jean Quan’s plan to cut a $58 million deficit.