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High-Speed Chase
Bullet train races for funding, support
For 15 years, the California High-Speed Rail Authority and its backers have discussed, planned, studied and lobbied for the kind of fast trains seen elsewhere around the world.
Mood Screen
Local providers check patients for depression
Doctors in the Capital Region aren’t just checking your temperature and blood pressure when you come in for a checkup these days; in growing numbers, they’re also checking your mood.
Nonprofit Revenue
Charities raise money through social enterprise
A Sacramento software startup has launched an iPhone application for runners that picks music to go with a workout and can add customized coaching instructions along with the beat. When users pay to download the coaching data, a donation goes to a nonprofit of the coach’s choice.
Here Comes the Neighborhood
Area infill projects forge ahead
If everything goes as planned, the newest phase of the K Street redevelopment effort will open for business late next month off 10th Street, bringing a pizza place, dance club and “dive bar” stocked with costumed mermaids and mermen to the downtown mix.
Fungus Fuel
Local Novozymes lab could speed the shift to greener fuels
In a growing cluster of offices and labs south of downtown Davis, researchers at Novozymes Inc. are building better microbes.
Bringing Home the Torch
The Sierra sets its sights on 2022 Olympics
Fifty years after the VIII Olympic Winter Games in 1960 brought the world to the slopes of Squaw Valley USA, and after years of toil and dashed hopes, a two-state effort aimed at bringing the games back to the Reno-Tahoe region in 2022 is gathering steam.
Nursing Needs
Can local health care providers find a solution to worker shortages?
California will need close to a million new medical assistants, lab techs, respiratory therapists and other skilled health workers in the next 20 years in addition to new doctors and nurses, a recent study estimates. But the state doesn’t have enough educational capacity to train them all.
Motor Runnin’
A Bay Area plant closure hits home in the Central Valley
San Joaquin County needed 3,000 more unemployed workers like it needed a hole in the head, but that’s what it got with the closing of the NUMMI auto plant in Fremont and the related layoffs at its major suppliers.
Buyers Wanted
Land bargains dwindle as builders stock up for recovery
The credit crunch and a wave of foreclosures swept the Capital Region housing market like a wildfire, turning the landscape into a scorched ruin with many familiar features gone, including some well-known names in home building and residential development.
A Fare Price
Slashed funding threatens future plans for transit and region
The economy and state budget woes have slashed millions of dollars from public transit, forcing hundreds of layoffs, service cuts and fare increases that have pushed the price of a bus ride in Sacramento to among the highest in the nation.
Billable Solution
When attorneys and clients negotiate fees
Stop me if you’ve heard this one: A lawyer dies young and arrives at the Pearly Gates.
“There must be some mistake!” he wails. “I’m only 31!”
St. Peter consults the records and disagrees. “Judging by the number of hours you’ve billed, you’re at least 73.”
Tap That Asset
The trade-offs of traditional credit vs. asset-based financing
Asset-based lending can be more expensive than a bank loan or line of credit, but for some it may be the best choice, providing flexibility and cash flow when others won’t.
What’s it worth to you?
Business valuations get tougher in today's economy
The question of value is crucial in business, whether it’s how much you should pay to acquire a competitor, the fair price for that new piece of equipment or how big a share of your company you can pass along to your heirs.
Full House
Have casinos reached market saturation in the Capital Region?
Red Hawk Casino opened in December, just weeks after economic woes sent the stock market plunging. The launch of the new venue just off Highway 50 coincided with a sharp drop in gross gaming revenue at Nevada’s Lake Tahoe casinos, and California casinos also felt the sting as gamblers gave Red Hawk a try.
As Real Estate Turns
Nonperforming loans stir up the commercial property market
If there was a soundtrack to banking this summer, it sounded something like the theme from “Jaws” — tense, ominous and hinting at unknown dangers below the surface.
Home in the Range
What will housing inventory hold when Solano rebounds?
The new-home market in Solano County soared even higher than that of California as a whole, and it fell harder too.
Material Witness
Construction costs' momentary lapse of reason
The cost of lumber, steel, asphalt and other construction materials has been on a wild ride since the early part of this decade, but don’t be fooled by the relatively placid prices in 2009. Industry players say it’s likely just a brief respite before the roller coaster starts climbing again.
Apartment Complex
Multifamily buyers build up cash and wait for bargains
The credit crunch and other broad changes in economic conditions cut a wide swath through the ranks of potential buyers. Those who are left are biding their time, lining up cash and waiting for a sweet deal, probably a distressed property at a bargain price. But far fewer multifamily properties are facing the default notices that helped drive down prices for single-family homes, and many landlords are trying to ride out the storm. The result is very few deals.