Rich Saskal

OAKLAND, Calif. — A Superior Court judge here promised an answer by Monday morning as to whether he will keep in place the temporary restraining order blocking execution of a public-private partnership to rebuild a key access road to the Golden Gate Bridge.

ALAMEDA, Calif. — Sterne, Agee & Leach Inc. has acquired San Francisco-based Nollenberger Capital Partners Inc.

ALAMEDA, Calif. - The California Supreme Court late Tuesday refused Gov. Arnold Schwarzenegger’s request to expedite action on the lawsuit that stalled his plans to sell 11 state office properties to private investors, then lease them back.

A California court has placed another roadblock in front of the state government's plans to sell 11 office properties to private investors, while entering into long-term leases to occupy the buildings.

Bad legal advice turned a straightforward refunding deal into an expensive mess, a California school district contends in the lawsuit it filed against Orrick, Herrington & Sutcliffe LLP, its bond counsel on the transaction.

ALAMEDA, Calif. — The auditor of Bell’s financial reports failed to follow many generally accepted fieldwork audit standards, according to a review published Tuesday by California Controller John Chiang.

California officials announced this week that they have signed an agreement for construction of the first state courthouse financed through a public-private partnership.

ALAMEDA, Calif. — Alaska’s Knik Arm Bridge and Toll Authority announced last week that the Federal Highway Administration has released a formal record of decision approving the route it has planned for its planned Knik Arm Crossing bridge project.

ALAMEDA, Calif. — Moody’s Investors Service downgraded Las Vegas one notch to Aa2 Friday.

ALAMEDA, Calif. — California’s governor-elect, Jerry Brown, has to deliver a budget proposal on Jan. 10.

Gov. Chris Gregoire Wednesday released her proposal for Washington’s next two-year budget, which included cuts the Democrat said she never had imagined making.

Brian Thomas, chief financial officer of the Metropolitan Water District of Southern California, will join PFM Group in January as a managing director in its Los Angeles office, the firm announced Wednesday.

A state appellate court has at least temporarily halted California's sale of 11 state-owned buildings to private investors. The deal was slated to close Wednesday, but will now be delayed until at least Dec. 29 after the appeals court granted a temporary stay.

ALAMEDA, Calif. — Changes to the federal estate tax could leave California holding the bag, Moody’s Investors Service said Monday.

Honolulu’s plan to build and finance a 20-mile-long rail transit line is between $678 million and $1.7 billion short of what will be needed to finance construction.

Gov. Arnold Schwarzenegger Tuesday promoted Cynthia Bryant to serve as director of the Department of Finance for the remaining weeks of his term.

State Senate President pro Tem Darrell Steinberg Tuesday announced the appointment of Ann Rice to the California Health Facilities Financing Authority board.

State governments have begun the slow process of addressing the unfunded obligations for their employee pensions, according to a new report from RBC ­Capital Markets LLC.

ALAMEDA, Calif. — California's governor-elect, Jerry Brown, said Tuesday that he will keep Ana Matosantos as director of the Department of Finance.

California's Assembly speaker has introduced a bill to disincorporate the Los Angeles County city of Vernon, which has a tiny population but more than $500 million of outstanding bond debt.