CIT Group Inc. announced on September 16th, that its Real Estate Finance business served as sole lead arranger on a $41.6 million loan for the acquisition and renovation of The Devonshire Apartments in Hemet, California.
At a school in San Francisco, Governor Newsom announced plans to add the COVID-19 vaccine to the list of vaccinations required to attend school in-person when the vaccine receives full approval from the Food and Drug Administration (FDA) for middle and high school grades, making California the first state in the nation to announce such a measure. Following the other first-in-the-nation school masking and staff vaccination measures, Governor Newsom announced the COVID-19 vaccine will be required for in-person school attendance—just like vaccines for measles, mumps, rubella and more.
The Coast Guard received the first report of a possible oil spill off the Southern California coast more than 12 hours before a company reported a major leak in its pipeline and a cleanup effort was launched, records show.
The weekend oil leak along the Southern California coast happened not far from the site of the catastrophe more than a generation ago that helped give rise to the modern environmental movement itself: the 1969 Santa Barbara spill.
The company that operates the pipeline suspected in one of California's largest oil spills has been cited 72 times for safety and environmental violations that were severe enough that drilling had to be curtailed or stopped to fix the problem, regulatory records show.