California

San Francisco officials are pushing ahead with a controversial plan to charge a toll to motorists entering and the exiting the city's downtown during peak hours.

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.

The San Francisco Public Utilities Commission will likely sell $523 million of mostly Build America Bonds Wednesday after delaying the deal a week due to a slumping market.

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

SAN FRANCISCO — A judge here ruled Friday California can proceed with a $2.3 billion sale and leaseback of 11 government-owned office buildings.

SAN FRANCISCO — Nestled in the Redwood-studded hills north of San Francisco, Marin County has been home to the likes of Brad Pitt and Jerry Garcia.

The San Francisco Public Utilities Commission postponed a competitive sale Wednesday of $523 million of mostly Build America Bonds by at least a week due to the slouching market.

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.

The Natomas Unified School District in Sacramento County, Calif., missed a deadline last month that triggered the process for a state bailout.

SAN FRANCISCO — The city attorney of San Francisco has sent a shot across the bow of both JPMorgan Chase & Co. and MBIA in the form of threatening letters over their involvement in the Asian Art Museum’s financial crisis.

ALAMEDA, Calif. — California’s budget deficit is so big, two governors are working on it.

VALLEJO — The Vallejo City Council unanimously approved a financial blueprint Tuesday night to exit California’s largest municipal bankruptcy in more than a decade.

SAN FRANCISCO — City Council members in Vallejo, Calif., will judge a long-term budget plan Tuesday that outlines a way for the bankrupt city to crawl back into the black.

SAN FRANCISCO — The Asian Art Museum is struggling to recover its financial footing while renegotiating its debt with creditors.

California, New York, and Illinois are making a play for more than $1.2 billion of high-speed rail funding that was awarded to two Midwestern states whose Republican governors-elect plan to reject the grants.

ALAMEDA, Calif. — Facing soaring yields in the tax-exempt bond market, California chopped more than $1 billion from its tax-exempt debt plans for next week, while upsizing today’s Build America Bond pricing by $750 million.

SAN FRANCISCO — Vallejo City Council members are weighing a contentious budget plan as the California city struggles to emerge from Chapter 9 bankruptcy.

ALAMEDA, Calif. — A lawsuit filed Tuesday by opponents of California’s plans to sell 11 state office buildings for one-time revenue resulted in a one-day delay to the state’s plans to sell $12 billion of notes and bonds this week.

SAN FRANCISCO — Moody’s Investors Service Wednesday downgraded San Francisco’s general obligation rating to Aa2 from Aa1, mainly due to the city’s weak short-term finances.