Personal Income

Why USC and not a black college, Dr. Dre?

2013-05-21 00:00:00

I was in Detroit preparing to give a speech last week when the news came across my Twitter feed: "Dr. Dre and music producer Jimmy Iovine donate $70 million to USC to create new degree." As one of the first university presidents from the hip-hop...

California drops a notch in public school spending

2013-05-21 17:23:00

California slipped a notch in spending per public school pupil in 2011, falling to 35th among states in a year that marked the first overall drop across the nation in nearly four decades, the U.S. Census Bureau reported Tuesday. The 50 states and...

Some could have gaps in medical coverage under new law

2013-05-20 04:37:00

When the national healthcare law takes full effect next year, millions of Americans risk disrupted health coverage because of common life events: getting married or divorced, having children or taking on a second job. As their family incomes change,...

Funding to L.A. magnet school restored

2013-05-20 00:00:00

School district officials have reversed a decision that cost a top-performing Los Angeles campus about $300,000 in funding after parents uncovered evidence that a bureaucratic error led to the loss of funds. Five other schools also are likely to get...

Apple skirts U.S. taxes, panel finds

2013-05-20 19:41:00

WASHINGTON — Apple Inc., one of the most successful and valuable companies on the planet, will be tested Tuesday when Chief Executive Tim Cook testifies about the company's controversial tax practices before a hostile Senate subcommittee. Should...

Report: Apple avoided billions in U.S. taxes on foreign income

2013-05-20 14:04:00

This post has been corrected. See the note at the bottom for details WASHINGTON -- Apple Inc. has used an elaborate web of offshore subsidiaries to avoid paying billions of dollars in U.S. taxes on $44 billion in foreign income over the past four years,...

Jerry Brown's budget 'surplus' could be used entirely for schools

2013-05-13 12:10:00

SACRAMENTO -- Over the first six months of this year, state revenues are about $4.5 billion higher than the governor’s January projections.�And complicated budget formulas could direct nearly all of that money to public schools and community...

Wal-Mart's profit, sales disappoint

2013-05-16 06:25:30

It was a tough quarter for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit edged up slightly, but the company struggled with a sales slump in its namesake business. The company, based in Bentonville,...

Closing California's education gap

2013-05-13 00:00:00

California has proved to be a land of opportunity where hard work delivers prosperity and nurtures innovation. Its human capital has helped the state develop into the world's ninth-largest economy, which attracts nearly half of the venture capital in...

Jerry Brown urges UC to stress graduating students in 4 years

2013-05-15 19:30:00

SACRAMENTO — The graduation rates of UC students came under more scrutiny Wednesday as Gov. Jerry Brown urged administrators and faculty to prod more undergraduates to earn a degree in four years, not six. Brown recently proposed giving UC and Cal...

L.A. school board keeps classroom breakfast program

2013-05-15 00:00:00

As Gov. Jerry Brown announced more funding for public schools Tuesday, the Los Angeles Board of Education agreed to pay for more school police, maintain a classroom breakfast program and keep supplemental staff at schools. The board also heard...

Israeli anger grows over Netanyahu expenses: $1,450 for hair, makeup

2013-05-14 08:57:00

JERUSALEM -- Embarrassing disclosures about Prime Minister Benjamin Netanyahu’s household spending habits are stoking public anger as Israelis brace for new government-approved austerity measures, including tax hikes and reduced social benefits. A...

FILE - In this Jan. 22, 2013 file photo, Indiana Gov. Mike Pence delivers his State of the State address in Indianapolis.

2013-04-03 00:00:00

Stephen Baldwin arrested for failing to file personal income taxes for three years.

2012-12-07 07:01:49

"The support of the McCormick Foundation has enabled us to help children from low-income families succeed in school and help their parents gain the literacy skills they need to obtain better paying jobs." ? Palm Beach County Literacy Coalition.

2012-12-04 11:15:00