California

Pricing was delayed for a $3.2 billion municipal bond deal to finance a passenger railroad between southern California and Las Vegas.

Disney in late September said it would lay off 28,000 employees at California's Disneyland and Florida's Walt Disney World resorts.

The company's upcoming $3.2 billion deal marks the largest sale of unrated debt in the muni market.

Recent orders from the California Supreme Court in public pension cases indicate litigation on the matter has not ended.

The state's new accounting system gets the blame again for California's second year with an extremely late CAFR.

Proposition 15 would detach commercial real estate from California's cap on property assessment increases.

Voters will consider bond issues in three states and a number of tax measures, according to the National Conference of State Legislatures.

City leaders are evaluating layoffs, raise deferrals, leasing city assets and postponing construction projects.

The governors in Oregon and California point out that climate change has exacerbated the conditions that start and accelerate wildfires.

A company that has defaulted on debt payments is seeking California approval to sell an additional $53 million in tax-exempt bonds for a factory there.