California

Labor Unrest at UC, Kaiser and Starbucks Across California

Starting today, as many as 48,000 University of California academic workers — including teaching assistants, postdoctoral scholars and graduate student researchers — are set to strike at all 10 UC campuses, a move that could cause some classes, grading and lab work to grind to a halt just weeks ahead of final exams.

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IPO Drought Rings Ominous Warning Bell for California Economy

A of Sept. 30, initial public offerings in California had raised just $177 million, compared to an average of $16 billion during the same period over the past five years. That's just 2% of funds generated by U.S. companies that went public through the end of September. Last year at this time, California accounted for 39% of funds nationally.

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