California Business Minute™

News and Information About the Businesses and Economy of California

Home

About

Background

Testimonials

Press

Disclaimer

Privacy Statement

Economic Overview

Indicators

Regions

Markets 08

Markets 07

Developments

Special Projects

Minutes Qtr-3/07

09-28 UC Berkeley

09-27 Ventura

09-26 Gallo Opening

09-25 Aerospace #1

09-24 Income Rising

09-21 Aug. Employment

09-20 Retail Trade

09-19 FED Slashes Rates

09-18 CA Envy

09-17 Asian Pac. Biz

09-14 Branding Tri-Valley

09-13 Econ. Forecasts

09-12 CA Biz & Websites

09-11 Tahoe Fire

09-10 San Jose Grand Prix

09-07 Wine Celebration

09-06 CA Confidence

09-05 Agriculture Part 2

09-04 Agriculture Part 1

09-03 Labor Day

08-31 Biz of Football

08-30 Back to School

08-29 Viejas Growing

08-28 Atascadero

08-27 Rating Downtowns

08-24 Napa

08-23 Big Boxes

08-22 Housing Woes

08-21 State Index

08-20 July Employment

08-17 Awesome Dudes!

08-16 Got SPAM?

08-15 Top Hispanic Biz

08-14 Retail Trade

08-13 FED Unchanged

08-10 Pumping Less

08-09 Arts, Tracy

08-08 Tourism, Manteca

08-07 Best 4 Small Biz

08-06 Foreclosures

08-03 UC Davis Support

08-02 Lt.Gov. 4 Biotech

08-01 Escondido

07-31 Oakland Green

07-30 Governor to UN

07-27 Vanilla

07-26 Labor Market#2

07-25 Labor Market#1

07-24 Largest Cities

07-23 June Employment

07-20 CA & NBA

07-19 WiFi Riverside

07-18 Mixed Signals

07-17 CA Tourism

07-16 Retail Trade

07-13 $2 Buck Chuck Wins!

07-12 Major Relocation

07-11 CA Town for Sale

07-10 Indian Gaming

07-09 MLB All-Stars in SF

07-06 Feds Hold Steady

07-05 Hilton Purchase

07-04 CA 4th of July

07-03 CA Health Care

07-02 CA R.E. Slides

Minutes Qtr-4/07

12-31 Gone Skiing

12-28 A New Brand

12-27 Nevada County

12-26 Retail Trade

12-25 Merry Christmas

12-24 Nov. Employment

12-21 Santa Clarita

12-20 CA Avocados

12-19 Got Poinsettias?

12-18 San Jose Green

12-17 Income Levels

12-14 Start Ups

12-13 Confidence Indices

12-12 Feds Cut Rate

12-11 To the Heavens

12-10 ID Theft

12-07 Olive Oil

12-06 Game On!

12-05 Hiring Index

12-04 CA Tangerines

12-03 Anaheim

11-30 Web Centric CA

11-29 Gov't Waste

11-28 Almond Harvest

11-27 Testing LA

11-26 Cyber Monday

11-23 Toys-R-Us n CA

11-22 Black Friday

11-21 No Jive-Turkey

11-20 Employee Confidence

11-19 Oct. Employment

11-16 Retail Trade

11-15 Broadband in CA

11-14 Port of LA

11-13 Cyber Push

11-12 Veterans Day

11-09 Contrary To

11-08 Clean Tech Open

11-07 Hollywood Strikes

11-06 Scam

11-05 CALBOTS

11-02 Hidden Treasures

11-01 Fed Cuts Rates

10-31 Trick or Treat CA

10-30 Favorite City

10-29 Lighter Side

10-26 CA Tops

10-25 Testing the Market

10-24 Natural Disasters

10-23 Retail Trade

10-22 Sept. Employment

10-19 CA Re-Adventured

10-18 Stockton Growth

10-17 Aging Workforce

10-16 CALPERS & Economy

10-15 Economics of LAX

10-12 Returning to CA

10-11 CA Taxes

10-10 Wireless Issues

10-09 Housing Legislation

10-08 Nat'l Health Care

10-05 Robotics

10-04 Stem Cell Bonds

10-03 CA's Richest

10-02 Governor and UN

10-01 Tesco Enters CA

Minutes Qtr-1/08

03-31 CA Confidence

03-28 Zero Emissions

03-27 San Bernardino

03-26 Sweet Success

03-25-08 Bandwidth

03-24 Employment

03-21 CA Easter Lilies

03-20 Web 2.0 in CA

03-19 Fed Cuts Rates

03-18 Loathing California

03-17 CA Roads

03-14 Retail Sales

03-13 Greenest of Green

03-12 King of Exports

03-11 LAXpectations

03-10 CA Small Business

03-07 Big Mac -Fung Shei

03-06 FED's Beige Book

03-05 Hotel Development

03-04 Biotech

03-03 Kern County

02-29 Jan. Employment

02-28 Next Entrepreneurs

02-27 Consumer Confidence

02-26 Angel Investment

02-25 Entrepreneurship

02-22 Tops in the Nation

02-21 Poway

02-20 El Dorado Co.

02-19 Endangered Species

02-18 Miserable Cities

02-15 CA Grape Crush

02-14 From CA with Luv

02-13 Retail Trade

02-12 World Ag Expo

02-11 Size Does Matter

02-08 Productivity

02-07 IT Salaries

02-06 Rural Tourism

02-05 San Diego Telecom

02-04 Enterprise Zones

02-01 Super Bowl Impacts

01-31 Feds Reduce Again

01-30 State of CA Cities

01-29 Confidence Wanes

01-28 Showcasing Tech

01-25 Sports Fishing

01-24 Venture Capital

01-23 California's Best

01-22 Fed Cut Rates

01-21 Dec. Employment

01-18 Pavlov's Winery

01-17 CA ID Theft

01-16 CA Citrus Crop

01-15 Retail Trade

01-14 Snowbirds to CA

01-11 Fontana

01-10 Valencia

01-09 State of State

01-08 San Fernando Valley

01-07 Solano County

01-04 Minimum Wage

01-03 CA New Laws #2

01-02 CA New Laws #1

01-01 Happy New Year

Minutes Qtr-2/08

06-30-On Line Crime

06-27 Uninsured in CA

06-26 Cybercities

06-25 Contradiction

06-24 Retail Trade

06-23 Employment

06-20 CA Biotech

06-19 Boomers Online

06-18 Veterans Advantage

06-17 Older Entrepreneurs

06-16 Semiconductors

06-13 Father's Day n CA

06-12 Hosting US Open

06-11 Chilean Cooperation

06-10 Cutting Solons

06-09 DTV RU Ready?

06-06 CA Tourism

6-05 Disaster Preparation

06-04 Ranking the Cities

06-03 S.F. Tourism

06-02 Anitoch

05-30 Blueberries

05-29 SoCal Taking Off

05-28 Just Plain Ugly

05-27 Hotels in the OC

05-26 Memorial Day

05-23 CA's Bad News Bears

05-22 Clean Energy

05-21 Strawberries

05-20 Smog Bots

05-19 Employment

05-16 Almond Joy!

05-15 Barstow

05-14 Say Cheese

05-13 Retail Sales

05-12 Tech Boot Camp

05-09 Motocross

05-08 Biotech Award$

05-07 RR Re-Open in CA

05-06 Urban Conservation

05-05 Sebastopol

05-02 CA Rice

05-01 Tax Freedom

04-30 Secession?

04-29 Lower Confidence

04-28 $'s for Development

04-25 Perplexing Plums

04-24 VC Part 2

04-23 VC Part 1

04-22 Small Business

04-21 March Employment

04-18 Retail Sales

04-17 Norcal Disney

04-16 Where's California?

04-15 Tax Day

04-14 Tax Procrastination

04-11 CA Wine

04-10 Golfing California

04-09 CA Green Summit

04-08 SoCal Confidence

04-07 NorCal Confidence

04-04 High Tech Part 2

04-03 High Tech Part 1

04-02 Gold Rush -Again?

04-01 Jobs for Teens

Minutes Qtr-3/08

08-18-08 Employment

08-15-08 CA Olympians

08-14-08 Retail Sales

08-13-08 Californians

08-12-08 CA, Not On This

08-11-08 CA Strawberries

08-08-08 LowerTax Ranking

08-07-08 UAV Firefighter

08-06-08 Looking for VC

08-05-08 Bio- San Diego

08-04-08 Solar in CA

08-01-08 Paso Robles

07-30-08 Retail Sales

07-29-08 NASA 50 in CA

07-28-08 CA Ranks High

07-25-08 Staycations

07-24-08 OC Confidence

07-23-08 CA Confidence

07-22-08 Venture Capital

07-21-08 Employment

07-18-08 CA Gas Prices

07-17-08 Retail Closures

07-16-08 State Liquidity

07-15-08 Econ. Obstacles

07-14-08 Mortgage Reform

07-11-08 Growing Cities

07-10-08 San Fernando

07-09-08 Private Equity

07-08-08 Plum Good

07-07-08 Year 1

07-04-08 Happy 4th

07-03-08 Oakland Raiders

07-02-08 city San Pablo

07-01-08 Entrepreneurs

Services

CBM Team

Research

CaEO Corner

Events

CALBIZBLOG

CA Weather

Links

Contact

Site Map

             CALIFORNIA
     AMERICA'S 'GOLDEN STATE' 
                               'The Untraditional Media Becoming the Mainstream Source' 
                                                                                         UPDATED DAILY
Welcome to the California Business Minute - - - Google, NASA enter into lease for major development at Ames Research Center, See Homepage for details - - - State Stem Cell Initiative Awards $271 Million, See 05-08 Minute - - - California largest high tech concentration in nation, see 04-03 & 04-04 Minutes - - - For the latest information on business activity including mergers & acquisitions, see Markets for details - - - State Overseas Tourism Up since 2001, see 06-05-08 Minute for details - - -Victorville named second fastest growing city in the nation is joined by Bakersfield, Elk Grove and Roseville - - - Irvine named Top Ten Best City to Live in the Nation by Money Magazine - - - Sacramento named in the Top Ten by Kiplinger's - - - 14 California Cities Named in top 50 Greenest in the Nation, see 03-13 Minute for details- - - 9 California Cities Named in top 100 Best Places for Entrepreneurs,see CalBizBlog

Upcoming major events- - - California League of Cities Conference, September - - - Site Selection Network Annual Conference, October - - - Upcoming Economic Forecasts. Bay Area, Orange County and Inland Empire- - -See Events for further details - - -

 
 
CALIFORNIA UNEMPLOYMENT CONTINUES TO RISE
Highest unemployment rate in 12 years - 7.4%
See 08-18-08 Minute for details
 
REDEVELOPMENT OPPORTUNITIES
CITY OF JACKSON
SEEKS
REQUEST FOR QUALIFICATIONS
FOR REDEVELOPMENT CONSULTING SERVICES
http://ci.jackson.ca.us/
 
VIEW
California
Business Minute's

Tim Johnson
at the
Calaveras County
Economic Summit

Click on Image


"Tim Johnson is Brillant"     -      "Spot On Presentation"
"He is a combination of Socrates, a Drill Sargent and Alan Greenspan"

 
NEWS SUMMARY
For the Week of 08-17-08    

    CVS TO BUY LONGS DRUG'S
This week Walnut Creek based Longs Drug's announced
they would be acquired by CVS for $2.7 billion.  CVS will
acquire Longs 521 stores which are spread across California,
Arizona, Hawaii and Nevada.

PG&E to Build World's Largest Solar Facilities

PG&E has signed a deal to build the world's two biggest solar power plants
in central California with solar panels covering 32.5 sq km and producing
800 MW of electricity.
Pacific Gas & Electric will use the massive solar
facilities to help it meet state requirements to generate 20 percent of its
electricity from renewable sources by 2010.
PG&E signed a contract with
two Silicon Valley firms to build the plants near San Luis Obispo, a city
near the central California coast approximately equidistant from the state's
main population clusters around San Francisco and Los Angeles.

The company, Optisolar will build a 550 MW solar farm using thin-film photovoltaic panels while
SunPower Corp, will build another 250 MW plant on former farm land, both sites in San Luis
Obispo.

The projects will produce 1.65 billion kilowatt hours of electricity annually - which is enough
electricity to power 239,000 average California homes each year.

The utility will rely on existing transmission lines rather than building them to deliver electricity
to customers from the solar ranches in central California.

The project is so large that it will double the entire installed base of solar power generation
in the US, SunPower said. Currently, the world's largest solar facility is a 23 MW solar farm
in Spain.

 

BOEING CONTINUES AUTONOMOUS
TECHNOLOGY EXPANSION

Boeing has announced its continued expansion for testing and evaluating its
unmanned aerial vehicle, UAV  the Hummingbird program at the former
Geroge Air Force Base in Victorville.

Boeing has been testing the aircraft in Victorville since 2002 under a contract
with the Defense Advanced Research Projects Agency. It's being developed to
provide reconnaissance and direct attacks for the U.S. military.

The unmanned aircraft measures 35 feet long with a 36-foot rotor diameter, and will
eventually fly up to 30,000 feet.

The Hummingbird set a world record in May for its 18.7-hour endurance flight, landing
with two hours of fuel remaining. The flight is being claimed as the longest on record in
its class, and for "unrefueled rotorcraft endurance."

Other milestones for the A160 include hovering at 16,700 feet for over seven minutes,
reaching speeds of 142 knots and carrying a 1,000-pound payload for eight hours.

Boeing will continue payload testing and experimentation.The phase is expected to
last eight months and includes an additional 60 hours of flight envelope expansion,
250 hours of ground testing and a number of system modifications.

For the Week of 07-29-08

     NASA CELEBRATES 50 YEARS
            MAJOR IMPACTS ON CALIFORNIA

The National Aeronautics and Space Administration, NASA was established
50 years ago today by the passage of the National Aeronautics and Space
Act.
California receives 20 percent of NASA's budget. See 07-29-08 Minute.


CALIFORNIANS CONFIDENT?
New Field Poll Illustrates Concerns
A record number of Californians (63%) report being financially worse off than they were a year
ago. In no previous Field Poll survey in nearly fifty years of polling – covering several previous
economic recession periods – has more than 50% described their financial condition so negatively.
In addition, most voters foresee no improvement in their personal finances next year.
There has also been a deterioration in Californians' appraisal of the state's economy. At present
86% of voters feel California is in bad economic times, while just 8% say the state is in good times.
This represents a 34 percentage-point increase in the proportion of voters describing the state’s
economy negatively from December, and is their gloomiest assessment in fifteen years.
These are the main findings from the latest Field Poll updating Californians’ economic well-being
and views about the state's economy, a time series the poll began in 1961.

For the Week of 07-27-08

DALLAS COWBOYS IN
CALIFORNIA FOR TRAINING CAMP

OXNARD HOST CITY
DALLAS COWBOYS
The NFL's Dallas Cowboys have left Texas to begin summer training camp in
Oxnard. The Cowboys’ training camp is expected to attract up to10,000
visitors per day, and a higher count than in previous years. Visitors are
expected to spend big money on hotels, shopping, sightseeing, food and
gasoline. A report conducted by California Lutheran University in 2004, the last
 time the study was completed, found the training camp generated about $4.5
million to $5.3 million in gross revenue. The tax benefit was estimated to be
$365,000 to $426,000. The three-week camp in 2004 drew about 70,000 people,
but is expected to be higher this year. That year, 73 percent of attendees were
from outside the county. This year's camp likely will be the last such windfall.
The Cowboys last trained here in 2006 and returned this year because of a
scheduling conflict with the Alamodome in San Antonio, where the team has a
five-year camp contract.

CALIFORNIA BASED SUNKIST CELEBRATES
100 Years in Business

The Sunkist brand was first used in 1907 to promote and
further unify an emerging citrus cooperative formed by
independent growers (previously known as the Southern
California Fruit Exchange and later the California Fruit
Growers Exchange). In 1908, the "Sunkist" name
captured the organization's interest and was adopted
as its trademark to appear on boxes of premium quality
fruit. Their legacy is honored today, over 100 years later,
by the citrus growers in California and Arizona, most of
whom are small family farmers, who now own Sunkist
Growers. Steadfast to its commitment to provide quality
fresh fruit, Sunkist is one of the world's oldest and largest
citrus marketing cooperatives, packing millions of cartons
of fruit each year. Stretching its presence beyond the
produce aisle, Sunkist brand licensed its famous name to
more han 600 products -- ranging from vitamins to
beverages -- in more than 40 different countries on five
continents. For more information about Sunkist,
visit
http://www.sunkist.com.

Celebrating 100 years
FOR FURTHER INFORMATION
SEE THE MINUTES, THE 'WEEK IN REVIEW' UNDER MARKETS '08
AND THE LATEST IN PLANS AND PROJECTS UNDER
DEVELOPMENTS
 
SITE SELECTION NETWORK
Annual Conference
October 28-30, 2008
San Francisco
See Events for Further Information
Sacramento Region
 Clean Energy
  Showcase
September 26
See Events for Details
BEACON ECONOMICS
UP COMING ECONOMIC FORECASTS

South Bay 10-16-08
Inland Empire 10-29-08

See Events for Further Information
 
 
Need a Speaker for Your Next Event?
The Team from the
California Business Minute is Available

Dr. Robert Harmon

        The Future of California
     ENTREPRENEURS
A Business Evangelist's Perspective

Learn about what has and makes California a great
place for innovation, the characteristics of
entrepreneurship and what does the entrepreneur
look like in 10 years from now in the Golden State  

    

     Technology Based
 Economic Development
Opportunities for Your Community

Is your community participating or
prepared to participate in hosting
new technology based businesses? 
Learn how to prepare for for
nanotechnology, autonomous (robotics)
biotech and clean and green energies

Tim Johnson
       New Paradigms
                      in 
              Economic
          Development

     Rethinking, Reforming,
       Refining then finding
                    the
     Revenue to Achieve It
 

With the current economic conditions impacting
depleting General Funds, how can elected 
officials, city and county administrators,
find monies to help bolster their economies
      SOME ASSEMBLY 
             REQUIRED
             How to Create 
            High Performing 
           Local Economies

   Learn the requirements and conditions
   needed to create a high performing
   economy that creates jobs, enhances
   a tax base and creates community
   confidence

And
California From 30,000 Feet

  A Precursor on Doing Business in the 8th Largest Economy in the World

For Further Information, See Services

Above, Below and Beyond California's Economy
Now at the
CalBizBlog
Airing CA Legislative Laundry in Nevada
+
Driving California
+
Playing California Hold'em: Another Hand
+
Let's Play California Hold 'em:
Dealing with the State Budget
Home of the
'No Jive Diatribe'
PERSPECTIVE, INSIGHT AND COMMENTARY
 
WHAT'S IN YOUR ECONOMY CALIFORNIA?
Receive the free 
'Daily e-Newsletter,'
Monday thru Friday
Submit your name and e-mail address
at
tjohnson@CaliforniaBusinessMinute.com 

NO
Advertising, NO Pop-Ups, NO SPAM
NEWS & INFORMATION + RESOURCES + CONNECTIONS
 
Counter
 
 
California Business Minute  ©    2008