Global Markets Sink as Fear of Worldwide Stimulus End Takes Hold
Apr 20, 2012
Fears that the central banks of Europe and the U.S. may soon end efforts to support financial markets as well as fresh concerns about the health of Europes weakest countries drove down stock markets ar...
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Basic Types of Damages in Business Contract Litigation Disputes
Apr 20, 2012
Expectation damages in a contract dispute are those damages which a plaintiff sustains not based on the injury, but because of the loss of some future, expected stream of income. Expectation damages ar...
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The California Supreme Court’s new “Business Choice of Law” Doctrine
Mar 24, 2012
California is the worlds eighth-largest economy, so most large companies manufacturing artificial joints, asbestos, chemicals, and a host of other products have facilities and/or sell products in Calif...
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GM Temporarily Halting Volt Production Due to Sluggish Sales
Mar 24, 2012
General Motors Co. will halt production of its Chevrolet Volt battery-powered car for five weeks beginning this month because of slow sales amid an effort to boost the vehicles consumer appeal, the com...
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Five Large Lenders to Pay $18 Billion to Struggling California Homeowners
Feb 22, 2012
A multi-state agreement with major banks over a document signing scandal will bring struggling California homeowners as much as $18 billion, most of it in principal reductions for people with mortgages...
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Unemployment Down in U.S. and California as Jobs Begin Rebound
Feb 22, 2012
The U.S. economy added more jobs in January than in any month since early last year, pushing down the unemployment rate to a level not seen since President Barack Obamas first full month in office.
Emp...
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Growth Concerns Increase as Sales Remain Sluggish
Jan 30, 2012
U.S. retail sales almost stalled in December as Americans appeared to tighten their budgets, ending a solid holiday shopping season with a whimper and raising questions about economic growth in the mon...
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State Senator Simitian’s “There Ought to Be a Law” Contest
Jan 21, 2012
California will become the first state in the nation to prohibit the sale of over-the-counter cough and cold medicines containing dextromethorphan (DXM) to minors. The prohibition is the direct result ...
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Euro Zone Debt Crisis Could Hurt U.S. Markets
Dec 13, 2011
In its latest economic outlook released on Monday, the Organization for Economic Cooperation and Development (OECD), said the level of uncertainty surrounding the U.S. economy was high and risks were h...
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Failure of Fannie and Freddie Aiding to More California Foreclosures
Dec 13, 2011
Home values have fallen so much in California that almost half the people with mortgages there owe more than their homes are worth. So when federal money became available to help stem the tide of forec...
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