California

Perfect Storm Fuels Massive Surges in West Coast Natural Gas Prices;  Northern California Reaches $55/MMBtu - Natural Gas Intelligence

Perfect Storm Fuels Massive Surges in West Coast Natural Gas Prices; Northern California Reaches $55/MMBtu – Natural Gas Intelligence

Against the backdrop of generally mild weather in the Lower 48, winter unleashed its fury on the West Coast earlier this season. Freezing temperatures and unusually heavy rainfall have fueled demand for natural gas at a time when storage inventories are low, a the drought has reduced hydroelectric power supplies, and regional utilities are struggling …

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Sale revives floating offshore wind power in US waters

Sale revives floating offshore wind power in US waters

PORTLAND, Ore. (AP) — Tuesday marks the first-ever U.S. auction of leases to develop commercial-scale, floating wind farms in deep waters off the West Coast. The live online auction for the five leases – three off California’s central coast and two off its northern coast – has generated strong interest, and 43 companies from around …

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Sandra Jauregui, center, a fast-food worker for 14 years, and other workers in the industry rally at the state Capitol in Sacramento on Tuesday, Nov. 15, 2022, demanding that fast-food companies such as McDonald’s, In-N-Out Burger and Chipotle stop seeking to repeal Assembly Bill 257, which creates a government-run labor council for the industry.

California restaurants collect 1 million signatures to challenge new fast food labor law

Sandra Jauregui, center, a fast food worker for 14 years, and other industry workers rally at the State Capitol in Sacramento on Tuesday, Nov. 15, 2022, demanding that fast food companies such as McDonald’s, In- N-Out Burger and Chipotle stop seeking to repeal Assembly Bill 257, which creates a government-run labor council for the industry. …

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Former SpaceX employee says he was sidelined to make way for younger 'Frat Bro' staff

Former SpaceX employee says he was sidelined to make way for younger ‘Frat Bro’ staff

John Johnson said he worked at SpaceX’s facility in Hawthorne, California, before being transferred to Washington. At that time, he claimed that he was perpetually misled by management in favor of younger employees.Photo: ROBYN BECK/AFP (Getty Images) A former SpaceX employee said the company is teeming with a sort of “frat bro mold” that has …

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HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). dollars) in cash, thus paving the …

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Rent and house prices continue to fall nationwide.  Will the SLO County market follow?

Rent and house prices continue to fall nationwide. Will the SLO County market follow?

A 2022 filled with house price increases across California finally began to cool off as the seasons turned to fall, and October was no exception. Skyrocketing home and rent prices continued their slow decline in October across California, according to reports from the California Association of Realtors (CAR) and Rent.com. As housing affordability begins to …

Rent and house prices continue to fall nationwide. Will the SLO County market follow? Read More »