Schwarzenegger: New budget is ‘perfect medicine’ for California

California Gov. Arnold Schwarzenegger said the state budget plan passed by state lawmakers early Thursday is "the perfect medicine for our ailing economy." The measure, which awaits the governor’s signature, includes tax increases, spending cuts and borrowing to close a $42 billion deficit.

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Being Green May Help Business in Bad Times

It hardly bears pointing out that during these days of 7.6% unemployment, when the business pages of the local newspaper look more like the obituaries, no industry is doing well — and that includes green business. Wind and solar manufacturers, starved for credit, are cutting back on projects and laying off workers

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