Funds

Calif.’s Mortgage Assistance Program gets $383M from federal government

Calif.’s Mortgage Assistance Program gets $383M from federal government

The U.S. Department of the Treasury has decided to grant $383.3 million funding to California’s Mortgage Assistance Program to help struggling homeowners and prevent foreclosures.

Calif. firm’s merger deal about to test Obama administration’s anti-inversion rules

Calif. firm’s merger deal about to test Obama administration’s anti-inversion rules

San Jose, Calif.-based Polycom announced on Friday that it was being acquired by its Canadian competitor Mitel Networks in a $2 billion deal; but many experts see the deal as an attempt by the comp

Calif. pension system reconsiders tobacco divestment

Calif. pension system reconsiders tobacco divestment

Anti-smoking activists are stepping up pressure on the California Public Employees’ Retirement System (CalPERS) board to drop its plans to consider re-investing funds in tobacco stocks.

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