The state Departnebt of Business Oversight announces a final settlement and a $100,000 penalty against the managers of a Folsom-based payday loan service center and its parent company.
The McClatchy Co. said Friday it has received $42.4 million in cash distributions from its equity investments this year, up from $38.6 million a year ago.
Sacramento area borrowers could receive nearly $20 million in financial assistance from Ocwen Financial Corp. under a $2.1 billion settlement announced Thursday between the mortgage servicing giant, the federal government and 49 states.
ROSEVILLE, Calif. _ The glowing winter wonderland inside the mall here, adorned with fake snow and pulsing with electronic music, beckons weary holiday shoppers. But there's no Santa, and no elves; instead, tablets and laptops are the lure of Google Inc.'s high-tech holiday display.
Aerojet Rocketdyne, a subsidiary of Rancho Cordova-based GenCorp, says it has completed development testing of a key system designed of an engine for a Boeing Co. low-Earth orbit spacecraft. The local company did development testing of a Launch Abort Engine for a “pusher” launch abort system on Boeing’s CST-100.
Californians are expected to stretch their budgets to visit family and friends during the upcoming Christmas and New Years Day holidays, according to the annual holiday travel survey from AAA Northern California. AAA predicts that more than 11.7 million Californians will travel 50 miles or more during this end-of-year holiday season, representing an increase of 0.5 percent over 2012.
Pacific Ethanol, the Sacramento-based marketer and producer of low-carbon renewable fuels, says it has entered into agreements to reduce the principal amount of its senior notes by $2 million by issuing 500,000 shares of common stock. PEI also moved to increase its ownership stake in its production facilities to 91 percent.
Two dealerships under the locally based Future Automotive Group are donating a combined $20,000 to area organizations this week. Future Ford Lincoln of Roseville on Tuesday (Dec. 17) will donate $10,000 to support Stand Up Placer, an organization that aims to protect victims of violence, and Future Ford of Sacramento, at Madison Avenue and Interstate 80, on Thursday (Dec. 19) will present a $10,000 check to the Sacramento Children’s Home.
Four Truckee men have been booked into the Truckee jail for investigation of drug manufacturing following a chemical explosion at one of the men's apartments.
Auburn-based Community 1st Bank, which also has a Roseville branch, said today (Dec. 16) that it has opened a new loan production office in Sacramento. The new office is in Point West Corporate Plaza, 1425 River Park Drive, suite 404, near Cal Expo.
Sacramento-based Sutter health said it has reached a new multi-year agreement with Anthem Blue Cross, enabling Sutter Health to continue as part of the Anthem network.
Sacramento-area gas prices continue to stick in the $3.45-a-gallon range. Analysts projected a positive trend for motorists in the run-up to Christmas Day.
For returning veterans, coming home can be a tough transition. Readjusting to the civilian world, looking for work, going back to school – all pose unique challenges.