Tuesday, May 28, 2013

Sacramento Morning Roundup: Public project construction lagging economic recovery

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Sacramento Business Journal - Sacramento Morning Roundup

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



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.


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.


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.


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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

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