California

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.

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UC Law School in SF Wants to Drop Hastings from Name

The Hastings College of Law Board of Directors this week voted unanimously to remove Hastings from the law school's name and replace it with San Francisco because of its founder's genocidal acts against Native Americans in the 1850s. The name change will require approval by the state Legislature and signature by Gov. Gavin Newsom.

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