Far West

After San Diego Mayor Bob Filner announced his resignation amidst allegations of sexual harassment, candidates are stepping forward to vie for the seat.

The congressionally-mandated sequestration could take about $60 million of income and sales tax revenue from the District of Columbia's economy and cause the city to lose about $30 million in federal grants and payments in fiscal 2014, district officials said Tuesday.

Securities and Exchange Commission chairman Mary Jo White's annual salary is $165,300, far below the base compensation of any of the top-paid, full-time officials of 21 self-regulatory, industry, government, and other municipal securities-related groups, most of which the SEC either oversees or have members the commission regulates or protects.

After years of delays and cost overruns, a new span for the San Francisco-Oakland Bay Bridge has opened this week.

Moody's Investors Service has upgraded the rating on the Children's Hospital Central California to A1 based on its strong market position and solid operating performance.

California's seventh-largest forest fire in history has spread to San Francisco Public Utilities Commission Water Enterprise's facilities, but it won't affect the water quality, Moody's Investors Service said.

Groups representing broker-dealers and issuers have sent a joint letter to the Securities and Exchange Commission complaining that the Municipal Securities Rulemaking board had sent SEC an amendment for approval without offering it for public comment, a charge the MSRB denied.

Gov. Jerry Brown signed four bills affecting public finance into law, as California lawmakers get down to the last few weeks in session.

A potential strike by San Francisco's Bay Area Rapid Transit District employees could drive up operating costs, but pledged revenues will remain unaffected, Moody's Investors Service said.

San Francisco-based law firm Orrick, Herrington & Sutcliffe is celebrating 150 years in business, including well over a century in public finance.