Keeley Webster

Los Angeles County supervisors asked staff to draft restructuring alternatives for the county's Office of Emergency Management.

Andrew Nakahata officially takes the helm of the California Infrastructure and Economic Development Bank on Wednesday.

It affirmed the California city's Aaa issuer rating, but cited the drag on revenues from tepid tourism numbers and liabilities from child sexual abuse claims.

If Gov. Gavin Newsom signs the two bills, it would be credit positive for San Francisco area transit, Moody's Ratings analysts said.

A bill to provide state credit support for housing finance and another to create an infrastructure bank were placed in the legislature's suspense file.

Troy Pitman has been hired by Wilmington Trust to further western expansion in the public finance segment of its corporate trust business.

The city faces hundreds of child sex abuse claims stemming from a former after-school program volunteer. A recent state law opened the window for old claims.

Andrew Nakahata will replace Scott Wu as executive director and CEO less than a year after joining the organization.

Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.

California's governor and legislative leaders agreed to extend the state's cap-and-trade program and dedicate one-fourth of the funding to high-speed rail.