Feb. 27, 2014
Tesla Motors confirmed Wednesday that Nevada is a site finalist for a massive lithium ion battery factory it needs to support a ramped up production of its electric cars.
According to Tesla’s blog, Nevada is competing against New Mexico, Texas and Arizona. Final site selection is underway as the states engage in a tax incentive bidding war for the plant. A decision could come anyday.
Feb. 26, 2014
The Palo Alto, Calif., company outlined plans for a factory that would employ up to 6,500 people and cover as many as 1,000 acres, including solar and wind farms to supply its power needs. It is evaluating sites in Nevada, New Mexico, Arizona and Texas, Tesla said in a regulatory filing.
Increasing the minimum wage would have two principal effects on low-wage workers. Most of them would receive higher pay that would increase their family’s income, and some of those families would see their income rise above the federal poverty threshold. But some jobs for low-wage workers would probably be eliminated, the income of most workers who became jobless would fall substantially, and the share of low-wage workers who were employed would probably fall slightly.
The economic forecasts were prepared in November 2013 by the California Department of Finance for the Governor’s Proposed Budget.
Jan. 13, 2014
The Los Angeles 2020 Commission, created by the City Council, didn’t mince words in its report, “A Time for Truth,” declaring, “Los Angeles is barely treading water while the rest of the world is moving forward. We risk falling further behind in adapting to the realities of the 21st century and becoming a city in decline.”