IN SUMMARY
A new report found stark racial inequality across California. Advocates hope that the 2022 state budget will offer some solutions.
California is a state of contrasts. On the one hand, it is flush with a $31 billion budget surplus from the gains of the rich, enabling it to spend record amounts on schools and health care. On the other hand, a new study reveals that despite a progressive tax system, severe racial inequalities remain.
The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes left the court Tuesday without reaching a verdict after a fifth day of deliberations. Holmes is facing 11 criminal charges alleging that she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough when in fact it was prone to wild errors.
The Ontario International Airport Authority (OIAA) Commission voted unanimously on December 23rd to authorize a Development and Entitlement Agreement that will lead to a ground lease for approximately 198 acres of surplus property at the Southern California airport. The 55-year lease will generate approximately $275 million over the first 10 years, which will support ongoing airport improvements while keeping costs down for airlines.
The Home Depot® has enhanced its military discount benefit to include all U.S. veterans, active service members and spouses every day, reaffirming the company's commitment to serving the U.S. military community nationwide.