McClatchy reports 1Q loss of $37.5M as fall-off in advertising takes results below estimatesSACRAMENTO, Calif. — The publisher McClatchy Co. is reporting a $37.5 million loss and a 25 percent decline in revenue for the first quarter, as the recession hit advertising revenues both for newspapers and Web sites. The loss is larger than expected. Federal government to release meager water supplies to California farms in time for summerFRESNO, Calif. — Farmers in California’s drought-stricken agricultural basin finally will get a meager supply of federal water to nurture their crops this summer. AP Interview: Rob Reiner slams Schwarzenegger, state lawmakers over special election measureSACRAMENTO, Calif. — Director Rob Reiner criticized Gov. Arnold Schwarzenegger and state lawmakers Wednesday for what he described as fiscal mismanagement and an attempt to take money from a childhood development program he helped create. Schwarzenegger says he might be back in new ‘Terminator’ film, but without new footageSACRAMENTO, Calif. — Arnold Schwarzenegger might be back as the Terminator after all, despite his day job as California governor. Calif. GOP, state lawmaker criticize poster from ‘tea party’ event as anti-SemiticSACRAMENTO, Calif. — The California Republican Party and a Democratic state senator are denouncing as anti-Semitic an online poster that promoted last week’s nationwide “tea parties.” Silicon Valley evolves from technological, economic engine to California political machineSACRAMENTO, Calif. — Silicon Valley, the nation’s center of high-tech innovation, is exporting a new kind of product — frustrated former CEOs leaping from the boardroom to politics with promises to return economic luster to the Golden State. |
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