Sacramento Morning Roundup: Public project construction lagging economic recovery

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May 28, 2013 - Business news essential to Sacramento's leaders.

COMPANIES IN TODAY'S MORNING ROUNDUP Associated General Contractors of California state of California Covered California Weber Shandwick Ogilvy Public Relations Cigna Sutter Health UnitedHealth Group Aetna SCORE PricewaterhouseCoopers Downtown Sacramento Partnership Sutter Gold Mining Inc. RMB Australia Holdings Toronto Stock Exchange California Public Employees' Retirement System M Corp Oracle R & R Wellness Save Mart Nugget Market California Safe Soil Securities and Exchange Commission Safeway Whole Foods AAA Microsoft Corp. Intel Samsung CITIES/TOWNS IN TODAY'S MORNING ROUNDUP Four-county Sacramento region West Sacramento Construction Public sector Sacramento California Politics Small Business Startups Entrepreneurs Sutter Creek Mining and Drilling Elk Grove Crime Food Chemicals Biotech Cleantech Oil & gas Social media

Public project construction lagging economic recovery Tom Holsman, CEO of Associated General Contractors of California, said he's guessing it'll be a couple years before public projects employ members of his organization in large numbers again. Discuss California Senate challenges governor's budget plans As you might have heard, Gov. Jerry Brown proposed a revised budget earlier this month that significantly lowered California's financial outlook for the next fiscal year. On Friday, the Senate's Budget and Fiscal Review Committee rejected Brown's version of the state's fiscal future and passed a budget that expects tax revenue to be 1.8 percent higher than what the governor suggested. The Senate's plan will be considered this week by a joint conference committee of the Legislature. Discuss Covered California to pay $12M for ad agency, PR Covered California, the new health benefit exchange, is paying giant PR firm Weber Shandwick $12 million over two years to market the exchange, which will offer insurance to uninsured Californians and small businesses, according to the San Francisco Business Times. San Francisco Business Times     Discuss Sacramento SCORE gets high marks for biz counseling The Sacramento chapter of SCORE apparently is doing a lot of things right. The nonprofit that provides free face-to-face counseling and workshops to business owners ranked first out of 334 SCORE chapters nationally for client engagement, as measured by an annual survey by PricewaterhouseCoopers of SCORE clients in 2012. Discuss Read Morning Roundup >> Downtown retail contest draws 49 applications Sutter Gold lands another $8M in financing M Corp completes CalPERS data migration Elk Grove man sentenced in connection to pot dispensary Safe Soil raises capital in private offering Sacramento gas prices drop 4 cents Microsoft warns businesses about social media bans Intel may get a mobile jumpstart from Samsung Read Morning Roundup >>

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