In 2018, Golden Pacific Bank is an anomaly, one of the few remaining community banks in the Capital Region to emerge in the past 10 years and not be acquired by a larger entity.
In November, the Sacramento Region Business Association launched Region Finance, a trade association created to help local governments do more business with community banks. Its board consists of executives from local banks — including River City Bank, American River Bank and others — pushing to keep businesses, resources and funds local to spur economic growth.
Joe Devlin, Sacramento’s first chief of cannabis policy and enforcement chats about what can be expected in the near future for legal cannabis in Sacramento.
Restaurants, retail stores and salons are among the businesses finding assistance and resources from the Downtown Stockton Alliance, a public-private partnership uniting property owners and downtown businesses with a 2018-2019 strategic plan that focuses on specific steps to increase safety and cleanliness for a more more vibrant downtown.
California’s major revenue sources have shifted over time. Until 1995, the biggest was property taxes. Today, it’s personal income taxes.
And California ranks fairly high in overall taxation: 10th highest both per capita and as a percentage of personal income, based on the latest available data from the U.S. Census.
At the Regional Futures Forum held in Carmichael last month, the Sacramento region’s elected officials and executives from city, county, private sector and non-governmental organizations gathered to hear the findings from an independent assessment conducted by the Brookings Institute.
The Sacramento Bee imposed its latest round of layoffs and company buyouts on Tuesday, targeting 15 editorial staffers and eight working on the production and copy desk.
Pot may be on its way to beating pop.
The U.S. legal cannabis industry is expected to reach $75 billion in sales by 2030, according to research firm Cowen & Co. That’s almost as large as the North American carbonated soft drink market in 2017.
A Google-led plan to overhaul how valuable airwaves are used for calls and texts is gaining momentum across the wireless industry, giving the company the chance to play a central role in networks of the future.
Both UCs and CSUs are struggling to find space for qualified residents at overcrowded campuses, and tens of thousands of eligible students will be turned away. If they leave the state for college, and don’t come back, it could be trouble for the state’s economy.