Rich Saskal

California Gov. Arnold Schwarzenegger won a round this week in a legal dispute over his line-item veto authority.

Now California Democrats officially have a candidate for governor.

SAN FRANCISCO — After a legislative kerfuffle that caused a one-week delay, California is on track to return to the bond market next week with a $2 billion general obligation bond deal.

SAN FRANCISCO — After a sometime acrimonious six-day special session, Nevada lawmakers adjourned in the wee hours of Monday after passing legislation to bring the budget back into balance.

SAN FRANCISCO — RH Investment Corp. has hired Kelly Wine as a secondary market trader and senior underwriter, the Encino, Calif.-based broker-dealer firm announced last week.

Lower revenues have hit Washington’s largely gas-tax funded transportation budget, but they’ve been offset somewhat by lower construction bids and favorable capital markets, according to a report Tuesday from the chair of the state House Transportation Committee, Judy Clibborn, D-Mercer Island.

Maui County has filed a federal lawsuit against Merrill Lynch, saying the firm misled the county into buying student loan auction-rate securities that became illiquid.

SAN FRANCISCO — The massive bankruptcy filing of the developers of the Lake Las Vegas resort may be heading to a resolution this year, with the debtors proposing a Chapter 11 exit plan they say will provide the best outcome for municipal bonds affected in the filing.

SAN FRANCISCO — California is back on the bond calendar.

SAN FRANCISCO – California State Treasurer Bill Lockyer asked an Assembly committee Wednesday to approve a cash-management bill designed to make state general obligation bonds more palatable to investors.

SAN FRANCISCO - California has pulled its $2 billion general obligation bond sale off next week's calendar, after the state Legislature failed to approve cash-flow management legislation the State Treasurer's Office was counting on to make the deal more palatable to investors.

SAN FRANCISCO — ­California lawmakers have passed a series of bills in a special session called to address the budget deficit, though they have left some big loose ends.

SAN FRANCISCO — With legislation in the works designed to help California manage its choppy cash flows, the state is preparing to return to the long-term municipal bond market.

The Washington Senate Tuesday approved a bill that sponsors say will allow the state to move forward with plans for a toll-financed replacement of the Highway 520 floating bridge over Lake Washington.

Nevada Gov. Jim Gibbons Wednesday issued a news release responding to what he described as criticism of budget cut proposals he made earlier in the week, in advance of the Legislature's special session next week.

Standard & Poor's Tuesday announced that it had upgraded 19 school districts in California, plus one in Washington.

Californians will soldier on for a while longer with a void in the lieutenant governor's office.

The California Assembly voted unanimously Monday to advance a bill to clear up legal concerns that have prevented the issuance of more than $770 million of qualified school construction bonds.

A bankruptcy judge in Las Vegas is scheduled to hear arguments today over whether or not the Las Vegas Monorail Co. really is an independent nonprofit that is entitled to file for Chapter 11 bankruptcy protection.

Federal officials, citing a failure to adequately study the civil rights impacts of the project, have followed through on a threat to withdraw a $70 million stimulus grant that was to help finance a rail link between Oakland International Airport and the nearest Bay Area Rapid Transit District train station.