By Kenneth Rapoza, Forbes How awful is China real estate? Apparently not bad enough. CalPERS, the pension fund for California state employees, pledged to invest around $530 million in two new China real estate funds. The funds are run by ARA Asset Management, an Asian firm that specializes in management of publicly traded real estate […]
Read more
By Carla Rivera, Los Angeles Times Marianet Tirado returned to Los Angeles Trade Tech community college this fall, optimistic that she would get into the classes she needs to transfer to a four-year university. Of the courses she wanted, only two had space left when she registered in May. She enrolled in those and “crashed” […]
Read more
By David Cay Johnston, Newsweek The damage wrought by Hurricane Isaac, coming on the seventh anniversary of the flooding that decimated New Orleans and stunned a nation, serves as a not-so-subtle reminder of how much infrastructure matters to our safety and our economy. This time the levees held, thanks in part to the $14.5 billion […]
Read more
Publisher’s note: This is the third of five Q&A profiles of a South Lake Tahoe City Council candidate running in the Nov. 6 election. Name: Clinton Schue Age: 35 How long have you lived in South Lake Tahoe?: My family has been in Tahoe for over 40 years. My grandparents owned a motel and I […]
Read more
Nearly 3,500 acres have burned in Carter Springs Fire in Douglas County. The fire is burning mostly unburned areas within the fire perimeter, predominately on Bureau of Land Management property in the southern Pine Nut Mountains. No structures have been lost. Power lines down at the fire scene, but they are de-energized, which is impacting […]
Read more
By Steve Casimiro A massive avalanche struck Manaslu, the world’s eighth-highest mountain, in Nepal shortly before 5am this morning, sweeping through teams of climbers and skiers camped at 7000 meters, including South Shore’s Glen Plake and Greg Hill, both of whom survived. Eleven people have been confirmed dead and as many as six are still […]
Read more
By Steve Green, Las Vegas Sun The Nevada Gaming Commission last week approved licenses for three more companies to participate in the state’s new online intrastate poker industry. Licenses were issued for slot machine maker WMS Industries Inc. of Waukegan, Ill., as an interactive gaming system manufacturer and service provider, and for casino operator American […]
Read more
By Sabrina Tavernise, New York Times For generations of Americans, it was a given that children would live longer than their parents. But there is mounting evidence that this trend has reversed itself for the country’s least educated whites, an increasingly troubled group whose life expectancy has fallen by four years since 1990. Researchers have […]
Read more
By Kayla Webley, Time If you want kids to succeed in school, look no further than the third grade. So says a body of research showing that if kids haven’t mastered reading by then, their ability to keep up in other subjects starts to decline. That has led 32 states to adopt policies specifically targeting […]
Read more
By AP TRUCKEE — The California Highway Patrol has arrested one of its own on suspicion of engaging in sexual acts with a minor. Truckee CHP Officer Robert Holland was arrested at his Loyalton home Tuesday afternoon after other officers searched his home. They also seized his phone and computer. CHP Cmdr. Timothy Malone says […]
Read more