AP INVESTIGATION: Small business loan write-offs hit record; more Main Street defaults seenREDWOOD CITY, Calif. — As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of defaults to rise as the nation continues to climb out of the recession. Police in Mexico arrest 4 men in US agent’s death as US officials search for wounded suspectsCHULA VISTA, Calif. — Police in Mexico have announced the arrests of four men in connection to the killing of a U.S. Border Patrol agent as their counterparts in the United States search hospitals for suspects possibly wounded in the first such shooting in more than a decade. Mexican police say 4 suspects detained in killing of US border agent in CaliforniaCHULA VISTA, Calif. — Mexican police announced the arrests Saturday of four men suspected of involvement in the killing of a U.S. Border Patrol agent as American investigators searched hospitals for gunmen who were possibly wounded in the first such shooting death in more than a decade. California has budget deal in place, but officials concerned fiscal woes may not be overSACRAMENTO, Calif. — California officials are warily awaiting the next round of state revenue figures, concerned that their latest budget-balancing efforts may not be enough to end a seemingly endless stream of deficits. Real Oakland officer arrests fake officer who tries to pull him overOAKLAND, Calif. — Oakland police say a man impersonating a police officer tried to pull over a real undercover officer and was arrested. Tesla Motors principals battle over ‘founder’ label and blame for misstepsSAN CARLOS, Calif. — There was a time not long ago when claiming paternity of electric car maker Tesla Motors was more of an admission than a boast. Investigators comb US-Mexico border towns, hospitals in manhunt for border agent’s killerCHULA VISTA, Calif. — Federal investigators continued to search hospitals in California and Mexico on Saturday for at least two people who may have been injured and left blood at the scene of a gunfight that killed a Border Patrol agent in San Diego County. Calif. legislators approve budget deal after all-nighter but warn fix isn’t permanentSACRAMENTO, Calif. — Officials say there’s no guarantee that California’s budget troubles are over for now, even after state lawmakers approved a complex package of spending cuts, raids on local government funding and accounting maneuvers to fill a gigantic budget deficit. Border agent killed in San Diego County in unusual violence within USCHULA VISTA, Calif. — Federal investigators scrambled Friday to find whoever shot a U.S. Border Patrol agent in the head in an unusually violent attack within the U.S. that has left a baffling trail of evidence. Porn mogul’s son pleads not guilty to murder charge in death of ex-girlfriendSAN RAFAEL, Calif. — The son of a late San Francisco pornography mogul has pleaded not guilty to charges that he murdered his ex-girlfriend and kidnapped their 1-year-old daughter. California lawmakers pass budget-balancing plan, send bills to SchwarzeneggerSACRAMENTO, Calif. — Lawmakers on Friday approved a complex package of spending cuts, accounting maneuvers and raids on local government coffers to fill California’s gigantic budget deficit, providing hope that the state might begin a slow climb out of a deep financial hole. California Assembly passes most of $26B budget-balancing plan, sending it to SchwarzeneggerSACRAMENTO, Calif. — The state Assembly has approved a plan to close most of California’s $26 billion budget deficit, sending the package of financial fixes to Gov. Arnold Schwarzenegger. Border Patrol agent shot to death while chasing suspects in remote area of San Diego CountySAN DIEGO — A U.S. Border Patrol agent was shot to death in a remote area of San Diego County as he tracked suspected illegal immigrants or drug smugglers, authorities said Friday. California Senate passes budget-balancing plan, which awaits action in the AssemblySACRAMENTO, Calif. — The California Senate on Friday approved a plan to close the state’s $26 billion budget deficit, providing a glimmer of hope after weeks of fiscal gloom and putting the deal’s fate into the divided hands of the Assembly. Calif lawmakers struggle to pass budget-balancing deal as many of its pieces come under fireSACRAMENTO, Calif. — The optimism that began the week when a deal was announced to close California’s $26 billion budget deficit gave way Friday to the workaday reality of pushing its many parts through a highly partisan legislature. Report: California can save water by investing in farm conservation measures instead of damsFRESNO, Calif. — By investing in water-saving technology, California’s drought-burdened farmers could save enough water annually to fill four times over a reservoir that Gov. Arnold Schwarzenegger supports building, according to a report released this week. California lawmakers begin long night of voting on compromise to close $26B budget deficitSACRAMENTO, Calif. — California lawmakers on Friday were considering a complex budget deal struck by Gov. Arnold Schwarzenegger and legislative leaders that is designed to reverse the state’s slide toward insolvency. Calif. lawmakers begin what is expected to be a drawn-out vote on budget-balancing billsSACRAMENTO, Calif. — California lawmakers on Thursday began voting on a complex budget deal struck by Gov. Arnold Schwarzenegger and legislative leaders that is designed to reverse the state’s slide toward insolvency. Calif. lawmakers begin what is expected to be a drawn-out debate over budget-balancing billsSACRAMENTO, Calif. — The California Senate has taken the first step toward approving a massive legislative package designed to close the state’s $26 billion deficit. Agents seize $1.2 billion worth of marijuana in 10-day sweep in California’s Sierra NevadaFRESNO, Calif. — Federal and state agents have arrested 83 people for growing more than $1.2 billion worth of marijuana in an ongoing crackdown on illegal pot gardens in California’s Sierra Nevada range. California lawmakers face long debate before $26B in cuts and budget tricks is a done dealSACRAMENTO, Calif. — California lawmakers braced for a long, late-night debate Thursday on a complex budget plan struck by Gov. Arnold Schwarzenegger and legislative leaders that is designed to reverse the state’s slide toward insolvency. Grocer Safeway’s profit edges up in second-quarter thanks to a tax benefitPORTLAND, Ore. — Safeway Inc. said Thursday that its profit edged up in the second quarter in part because of a tax benefit but that its recent price cuts will take time to gain traction with shoppers, and it lowered its outlook for the year. Schwarzenegger addresses woes of Calif. budget cuts with giant knife in online video messageSACRAMENTO, Calif. — When a tall, muscular man wields a 2-foot-long knife on-camera, it’s usually not for a thank-you video. Schwarzenegger introduces latest Twitter video about Calif. budget crisis with giant knifeSACRAMENTO, Calif. — Ever the entertainer, Gov. Arnold Schwarzenegger has posted a Twitter video related to the state’s budget crisis in which he picks up an oversized knife and jokes about autographing state vehicles that will be auctioned to raise cash. Seventh-grader confronts GOP lawmaker over cuts to Calif. schools, asks why students sufferSACRAMENTO, Calif. — Even kids are fed up with California’s budget problems. Disney CEO Iger: Hulu could one day charge for contentPASADENA, Calif. — Walt Disney Co. Chief Executive Bob Iger said Wednesday the Hulu online video streaming site that it now co-owns could one day charge for its content instead of just offering free streams and selling advertising. Skechers takes loss in 2nd-quarter as weak demand continuesMANHATTAN BEACH, Calif. — Footwear maker Skechers USA Inc. reported a second-quarter loss as demand for its trendy sneakers remained weak, but the loss was smaller than analysts expected. Deal to close Calif’s $26B deficit will be tested in Legislature, which finds much to dislikeSACRAMENTO, Calif. — The deal between Gov. Arnold Schwarzenegger and legislative leaders to close California’s $26 billion budget deficit may have been the easy part. Now they have to sell their plan to a skeptical Legislature amid partisan backpedaling, threatened legal action and potential walkouts by state government workers. California Legislature issues apology for past persecution of Gold Rush-era Chinese immigrantsSACRAMENTO, Calif. — The California Legislature didn’t let a weeks-long budget debate prevent it from unanimously apologizing for the state’s past persecution of the Chinese immigrants who built the state’s railroads, gold mines and agriculture industry. Worker found dead at Calif. food processing plant; authorities believe death was accidentalINDUSTRY, Calif. — A 40-year-old woman has been found dead in a machine at a Southern California food processing plant that is a major supplier for McDonald’s restaurants. |
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