Most local government officials in the US still welcome Chinese-invested projects despite a rise in trade tensions this year, a Chinese chamber of commerce leader said this week as potential investors weigh up economic benefits and geopolitical risks. City leaders want Chinese investment to help stimulate their local economies, especially in manufacturing projects that are
The Trump administration on Monday moved to withhold a projected $6.8 billion nationwide in education funds — including at least $811 million from California — money appropriated by Congress to boost teacher training, after-school programs and classroom technology and to help students who are learning English and those who are from migrant families. Although the
San Rafael has approved $600,000 in allocations to three nonprofits in support of their affordable housing projects in the city. The total outlay from the city’s affordable housing trust fund is $100,000 more than what staff initially recommended. The City Council agreed to kick in the extra money after hearing moving testimony from the applicants.
A proposal to pause a planned tax hike on retail cannabis has set off alarm bells among child safety advocates whose substance use prevention and treatment work depends on funds generated by sales of cannabis products. Industry members say the move, which lawmakers in Sacramento are considering, is necessary to keep struggling retailers afloat. This
By WILL WEISSERT, Associated Press WASHINGTON — President Donald Trump took office in January pledging to “make America the crypto capital of the world.” He has since harnessed wide swaths of the federal government to bolster the industry — all while raking in huge sums of money for his family’s business. By some estimates, crypto
Anaheim has a new $2.4 billion budget the City Council approved Tuesday, relying on stop-gap funding to maintain services before the city sees a massive influx of freed-up cash in a few years. “This proposed budget upholds funding for all we do for our community,” City Manager Jim Vanderpool said. “It funds the most extensive
Milo Zaharias graduated from La Jolla High School on May 29. But mere hours before he received his diploma and turned his tassel, he was hard at work on a car detailing assignment in Bird Rock. He worked a little faster and checked the time more often than usual (while not sacrificing the quality of
For 39 years, the Bank of America maintained a massive call center with up to 3,000 employees on Valencia Avenue in Brea. But in July 2022, it shut the doors of the center for good. Since then, the three-story, 637,503-square-foot building has sat empty, along with the on-site parking lot plus an additional one on
Fourteen people, including several Southern California residents, were arrested Wednesday, May 28, and accused of scamming the government out of more than $25 million in COVID-19 relief funds and federal small business loans, according to the U.S. Department of Justice. Two federal criminal complaints named 18 defendants, four of whom are believed to be in
Some banking scams to watch out for
CHICO — I want to start by saying that I appreciate a lot of the money apps we have now. I ended up going to a Pride event on Saturday and was able to easily buy things and split payments with friends for lunch with Venmo and it just made life way easier. What I