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IPO Drought Rings Ominous Warning Bell for California Economy

A of Sept. 30, initial public offerings in California had raised just $177 million, compared to an average of $16 billion during the same period over the past five years. That's just 2% of funds generated by U.S. companies that went public through the end of September. Last year at this time, California accounted for 39% of funds nationally.

New Poll Shows Mahan, Chavez Neck and Neck for SJ Mayor

The first poll results in the San Jose mayor general election campaign, of 674 likely city voters polled in the last week of July, showed Chavez leading slightly with 38% of the initial vote preference and Mahan with 37%, with one-fourth of the polled voters undecided.