California

Ila Afsharipour will be based in San Francisco.

FEMA denied California reimbursement for a portion of Oroville Dam repairs, saying the state failed to maintain it.

Glitches in California's electronic financial system are delaying annual financial reporting documents, said Controller Betty Yee.

The company that bought Vernon's power plant is suing the city in a case over whose fault it is that the plant operated below full capacity.

This week's deal will prime the pump for another $2.5 billion in loans Freddie Mac plans to securitize in the next two to three years.

With a mere $2.4 billion of municipal new issuance this week, investors will face stiff competition for paper.

The enrollment and cost stresses underscored by teacher strikes in Los Angeles and Oakland aren't limited to large urban districts.

Personal income tax receipts came in 56.6% under the February forecast made in the governor's recent budget proposal.

Moody's views the ruling positively, but S&P says the court sidestepped the main issue.

New York, Chicago and Los Angeles, with disparate challenges, set the tone for effective planning, said Kroll.