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Hewlett-Packard changes enterprise services boss, takes $8B goodwill charge

Hewlett-Packard changes enterprise services boss, takes $8B goodwill charge | California Employment | Scoop.it
Computer and printer maker Hewlett-Packard Co. shook up its "enterprise services" unit, the former Electronic Data Systems, replacing its boss, John Visentin, with Mike Nefkens.
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Electric vehicle supplier expands manufacturing operation in Dixon

Electric vehicle supplier expands manufacturing operation in Dixon | California Employment | Scoop.it
A Palo Alto-based developer and marketer of drivetrain systems for electric vehicles is expanding its operations in Dixon.
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Siemens to refurbish light-rail vehicles for Sacramento RT

Siemens to refurbish light-rail vehicles for Sacramento RT | California Employment | Scoop.it
Siemens Rail Systems, which has its North American light-rail manufacturing plant in Sacramento, has been awarded a contract to modify and refurbish 21 Sacramento Regional Transit District light-rail vehicles.
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Pure Storage raises $40M Series D funding

Pure Storage raises $40M Series D funding | California Employment | Scoop.it
Pure Storage Inc. said Wednesday it has raised a $40 million in Series D funding.
Index Ventures led the round, which also included Greylock Partners, Redpoint Ventures, and Sutter Hill Ventures.
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PG&E job candidates training in Fresno - CBS 47

PG&E job candidates training in Fresno - CBS 47 | California Employment | Scoop.it
PG&E job candidates training in FresnoCBS 47PG&E job candidates training in Fresno. Video. PG&E job candidates training in Fresno. Reported by: CBS47 News. Email: newsdesk@cbs47.tv.
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Younger entrepreneurs more confident about economy

Younger entrepreneurs more confident about economy | California Employment | Scoop.it
Entrepreneurs of different ages have contrasting outlooks on the nation’s economic future, but confidence across all age ranges is slipping, according to the New Mexico Business Weekly.
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Wal-Mart, Wells Fargo, Chase, Target among top U.S. corporate donors

Wal-Mart, Wells Fargo, Chase, Target among top U.S. corporate donors | California Employment | Scoop.it
Several companies with large California footprints were among the nation's top 10 corporate donors in 2011, according to The Chronicle of Philanthropy.
Wal-Mart Stores Inc. (NYSE: WMT) tops the list. It also includes Wells Fargo & Co.
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Private colleges lose state financial aid

Private colleges lose state financial aid | California Employment | Scoop.it
At least a dozen private colleges in the Sacramento area, most of them trade schools operated for profit, are among 154 statewide whose students will lose their eligibility to receive state financial aid this fall, editor Jack Robinson writes.
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Amgen to buy KAI Pharma for $315M cash

Amgen to buy KAI Pharma for $315M cash | California Employment | Scoop.it
Amgen Inc. will buy privately held KAI Pharmaceuticals Inc. of South San Francisco for $315 million cash.
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In-home services cuts would hit 254,000 Californians

"Gov. Jerry Brown’s proposed 2012-13 state budget would cut in-home supportive services to 254,000 in the state of California and take more than $631 million out of the state's economy, according to a new report by the California Budget Project."

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Sacramento home values down, rents up, Zillow says

Sacramento home values down, rents up, Zillow says | California Employment | Scoop.it
Sacramento metro-area home values declined 7.9 percent year over year in February, but monthly rents rose 0.4 percent in that time, according to Zillow.
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Silicon Valley veteran pulls in record-breaking venture capital for Ivy League-caliber online college

Former Silicon Valley CEO Ben Nelson landed $25 million in seed money for an audacious new venture: creating an elite global university online. From scratch.
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Yahoo to begin laying off thousands of workers next week, report says

Yahoo will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report.
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HP raises third-quarter outlook, takes $8 billion charge

The world's No. 1 personal computer maker said on Wednesday it now expects earnings per share, excluding items, of about $1.00 compared with analysts' estimates of 97 cents, according to Thomson Reuters.
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HP to take record quarterly loss

HP to take record quarterly loss | California Employment | Scoop.it
Hewlett-Packard Co. on Wednesday said that it will take a massive charge against its earnings for the latest quarter, leading to a record loss of nearly $9 billion.
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Brocade wins patent case against A10 Networks

Brocade wins patent case against A10 Networks | California Employment | Scoop.it
Brocade Communications Systems Inc. was awarded $112 million in damages in its intellectual property trial against rival A10 Networks Inc., on claims that the latter infringed on patents related to server load balancing software and equipment.
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California Budget Project chooses executive director

California Budget Project chooses executive director | California Employment | Scoop.it
Public finance expert Christopher Hoene will become executive director of the California Budget Project, effective Oct. 1.
He replaces Jean Ross, who accepted a position at the Ford Foundation earlier this year.
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Cal to use dynamic prices for football, men’s basketball tickets

Cal to use dynamic prices for football, men’s basketball tickets | California Employment | Scoop.it
Cal athletics have made several recent moves to adopt a pro sports business model.
The latest involves adopting dynamic pricing for football and men’s basketball tickets during the 2012-13 season.
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California sees loss in revenue from Facebook drop

California sees loss in revenue from Facebook drop | California Employment | Scoop.it
California may see a drop of hundreds of millions of dollars in tax revenue on capital gains because of Facebook Inc.'s declining stock price, Bloomberg reports.
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Ready for basketball? Kings announce preseason games

Ready for basketball? Kings announce preseason games | California Employment | Scoop.it
The days are still sultry and the back-to-school sales have hardly begun in earnest, but it’s already time to put pro basketball on your calendar again, Kelly Johnson writes in her blog.
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Sacramento metro area ranks 12th in U.S. in energy-efficient buildings

Sacramento ranks 12th on a federal Environmental Protection Agency list of U.S. metropolitan areas with the largest number of energy-efficient buildings.
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Surf Air startup would offer all-you-can-fly memberships

Surf Air Inc., an all-you-can-fly airline hoping to get off the ground this summer, has its sights on expanding to Sacramento and other markets if the model proves successful.
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California teachers' pension plan shortfall grows

"The California State Teachers' Retirement System, the second-biggest U.S. public pension, said the gap between its assets and projected obligations rose $8.5 billion as investment gains failed to cover previous losses ..."

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In Sacramento, a deal that really wasn't

In Sacramento, a deal that really wasn't | California Employment | Scoop.it
A month ago, Sacramento Mayor Kevin Johnson and the Maloof brothers emerged from an Orlando hotel conference room after three days of negotiations to announce a handshake deal on financing a new downtown sports and entertainment arena.
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Morning Report: The Jobs That Are Gone for Good - Voice of San Diego

"His employment statistics and graphs show that the housing bubble jobs, as he calls them — construction, finance and retail — have simply not bounced back and probably won't."

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