Recovering from the Great Recession has been slow and uncertain for many Californians, especially in the Central Valley. But a state labor report released Friday provided evidence that the Sacramento region is now adding higher-paying jobs.
Lou Andersen began telling regular customers earlier this year that she was ready to retire and close down her knitting store, Lofty Lou’s in Placerville, but 25 of the regulars couldn’t imagine life without the place. They acquired it and persuaded Andersen to join their partnership. The group will take over as co-owners Jan. 1.
The Obama administration’s move Wednesday toward normalized relations with Cuba after five decades of strife may set events in motion that will change business fortunes across the Florida Straits, the Caribbean and the Americas.
Volcano Corp. was founded in Rancho Cordova but has been moving jobs away since relocating headquarters to San Diego. Under pressure from shareholders, it accepts buyout from Dutch conglomerate Philips.
St. Louis’ Amazing Pet Expos produced 33 successful events this year, but those weren’t the shows that spurred about 10 exhibitors to contact The Bee. They wanted to discuss three shows the company canceled – in Boise, in Anchorage and Dec. 6 in Sacramento.
In an almost annual ritual, Congress has passed a last-minute package of temporary tax breaks, sparing millions of businesses and individuals from unwanted tax increases just weeks before start of filing season.
Andrew Friedman has thoroughly overhauled a 94-win team in his first two months running the Los Angeles Dodgers. None of his myriad moves made a bigger, more baffling splash than his trade of popular slugger Matt Kemp and $32 million to a division rival for what might be no more than half of a catching platoon.
Defiantly declaring that FIFA is no longer in crisis, Sepp Blatter said Friday the decision to hold the next two World Cups in Russia and Qatar won't be revoked and the governing body will publish a confidential probe into the process that picked those countries as hosts.