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Business


Business News Sponsored by Gateway Press.

Announcements

Attorney General Becerra Sues Sutter Health for Anti-Competitive Practices

Posted by: thepinetree on 03/30/2018 02:24 PM
Sacramento, CA...California Attorney General Xavier Becerra today announced the filing of a lawsuit against Sutter Health, the largest hospital system in Northern California, for anticompetitive practices that result in higher healthcare costs for Northern Californians. The action aims to stop Sutter Health from unlawful conduct under state antitrust laws and restore competition in the California healthcare market.

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Jobless Claims Lowest Since January of 1973 at 215,000

Posted by: thepinetree on 03/29/2018 08:21 AM
Washington, DC....In the week ending March 24, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 12,000 from the previous week's revised level. This is the lowest level for initial claims since January 27, 1973 when it was 214,000. The previous week's level was revised down by 2,000 from 229,000 to 227,000. The 4-week moving average was 224,500, a decrease of 500 from the previous week's revised average. The previous week's average was revised up by 1,250 from 223,750 to 225,000.


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CCWD Notifying Customers of Proposed Water, Sewer Rate Increases

Posted by: thepinetree on 03/29/2018 11:49 PM
San Andreas, CA...After more than a year of in-depth analysis and discussion, the Calaveras County Water District Board of Directors instructed staff to send written notifications to customers regarding proposed changes to rates for the District’s 13,000 water customers and 5,000 sewer customers (click here to read the notice). These notices are required by Proposition 2018 (Prop. 218), which is a constitutional amendment passed in 1996 that ensures public agencies notify customers before rates or fees are changed. Prop. 218 also requires a 45-day period between the mailing of the notices and the date of a final public hearing, at which time the new water and sewer rates will be voted on by CCWD Board members. CCWD’s public rate hearing is scheduled for 1 p.m. May 23, 2018, at the District’s headquarters at 120 Toma Court, San Andreas. All information regarding the proposed rate changes will be posted to www.ccwd.org/rates.


The CCWD Board of Directors. From left, Division 4 Director Russ Thomas, Division 5 Director Jeff Davidson, Division 1 Director Scott Ratterman, Division 2 Director Terry Strange and Division 3 Director Bertha Underhill.
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California Needs Action on Flood Insurance Reforms ~ By Steve Ellis

Posted by: thepinetree on 03/28/2018 02:36 AM
La Grange, CA...The record-breaking floodwaters that recently soaked Tuolumne County should serve as the latest warning that unless Congress reforms and renews the nation’s debt-ridden flood insurance program, more than 238,900 residents across California may be unable to rebuild after the next storm strikes.

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Gross Domestic Product 2.9% Fourth Quarter and Annual 2017 (Third Estimate) Fourth Quarter & Annual 2017

Posted by: thepinetree on 03/28/2018 09:49 AM
Washington, DC...Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2017 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent. The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was 2.5 percent. With this third estimate for the fourth quarter, the general picture of economic growth remains the same; personal consumption expenditures (PCE) and private inventory investment were revised up (see
"Updates to GDP" on page 2).

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Conifer Communications is Growing! Grand Opening of Conifer Communications Calaveras is April 5th, 2018

Posted by: thepinetree on 03/27/2018 03:34 PM
San Andreas, CA...Conifer Communications is Growing! Grand Opening of Conifer Communications Calaveras is April 5th, 2018. We are so excited to announce Conifer Communications is expanding to Calaveras County, that we are throwing a party to celebrate with our new neighbors and friends! So please come and join us at our Grand Opening and learn about our high speed Internet and get to know our team.


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CCWD Weighing Potential Water & Sewer Rate Increases at March 28th Meeting

Posted by: thepinetree on 03/27/2018 10:35 PM
San Andreas, CA...The Calaveras County Water District Board is back in action tomorrow with a full agenda. The biggest item to most of their rate payers will be item 4c under new business. It is "Discussion / Action Regarding Proposed Water and Wastewater Rates and Setting Proposition 218 Public Hearing" which means that after several years of holding their rates steady there is a need to inch them up a bit with a proposed 1.7% water rate increase and a 4.1% sewer rate increase.


Click Above for Rate Presentation
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Yosemite Conservancy Provides $12.5 Million to Yosemite National Park

Posted by: thepinetree on 03/26/2018 09:43 AM
Yosemite National Park, CA...Yosemite Conservancy is providing $12.5 million in support to Yosemite National Park to improve the Bridalveil Fall visitor experience, rebuild a section of the trail around Tenaya Lake and collect data using 3-D aerial mapping to improve resource management parkwide, among 36 projects funded in 2018. “We want everyone’s visit to Yosemite to be inspiring, just like the park itself, today and for future generations. Our grants focus on protecting and preserving the park and enhancing the visitor experience,” said Yosemite Conservancy President Frank Dean.

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Senator McConnell and Commissioner Quarles Announce Hemp Legislation

Posted by: thepinetree on 03/26/2018 09:56 AM
Frankfort, KY...U.S. Senate Majority Leader Mitch McConnell (R-KY) and Kentucky Commissioner of Agriculture Ryan Quarles (R-KY) announced today the impending introduction of legislation in the United States Senate to support Kentucky’s hemp industry. The Hemp Farming Act of 2018 will legalize hemp as an agricultural commodity and remove it from the list of controlled substances.

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Calaveras Community Foundation (CCF) Receives Save Mart Donation

Posted by: thepinetree on 03/26/2018 03:31 PM
Angels Camp, CA...Calaveras Community Foundation (CCF) has received a generous $5000 donation from Save Mart Companies CARES Foundation. This donation benefits the Career and Technical Training (C&TT) Scholarship Fund. This marks the seventh year in a row that Save Mart CARES has supported this Scholarship program for local high school students. Store Manager, John Romine, states, “We are proud to continue to be part of giving back to the community that supports our store and its employees. The Calaveras Community Foundation provides a great service to the community by providing opportunities to students interested in technical and vocational career paths. Save Mart is proud to partner with them in providing well-trained and educated employees that will help the local community fill needs in those areas.”


(left to right) Chyrl Hillis, Publicity Chair, Calaveras Community Foundation and Angels Camp Store Manager, John Romine.
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