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Placer County Business, Economy & Jobs Articles



Image caption: Unless you're very rich, California is an easier place to live for taxpayers than the Lone Star State.
Texas Taxes Lower Than California’s? How the States Compare

Texas often claims to have lower taxes than California. But a new study by WalletHub shows that California's overall tax burden is significantly less, and that California does better for lower and middle income taxpayers.

Dorinda’s Chocolates: Divine experience at new Truckee store

Beer & Chocolate Pairing April 9 3-5 p.m. Donner Creek Brewing, Truckee Tickets Donner Creek Brewing on Facebook The smell of rich dark chocolate invaded my senses. The aroma of chocolate reached me before I stepped through the door of …

Chocolate stores pair up

The Chocolate Nugget Candy Factory and Champagne & Chocolate have announced a partnership to bring the Chocolate Nugget’s candy and chocolates to Champagne & Chocolate in the Heavenly Village in South Lake Tahoe. A Champagne & Chocolate collection is also …

Rosewood Tahoe opens in Incline

Rosewood Tahoe opened in the Raley’s Shopping Center in Incline Village, Nev., in March. The new restaurant offers dinner Wednesday to Sunday featuring Roasted Chicken, Skirt Steak and a Stuffed Portobello. Starters range from Roasted Garlic Spread and Fresh Cut …

Image caption: Artificial intelligence, experts say, is moving closer toward matching human intelligence. Should we stop it?
Should AI Developers Take a 6-Month Break?

Artificial intelligence development is moving fast. Elon Musk and others are now calling for AI researchers to pause for six months to ensure safety and ethical measures are put in place.

Tahoe’s Best Ski-In Cocktails

I feel lucky to live in a place with an abundance of ski resorts all within an hour’s drive that cater to skiers and snowboarders of every ability. They also provide a little bit extra like the various ski-in chalets …

Image caption: What role did the self-described "libertarian" venture capitalist play in SVB's collapse?
Did Peter Thiel Cause the Collapse of SVB?

Peter Thiel, the Donald Trump supporting Silicon Valley billionaire and venture capitalist, may have played a big role inthe bank run that ended in the failure of Silicon Valley Bank. But why?

Image caption: The government has avoided calling its plan to pay off SVB depositors a "bailout." But is it?
Silicon Valley Bank Collapse: the Causes and Bailout

SVB lobbied hard for bank deregulation, which may have led to its own failure. And depositors blew past limits on federal insurance, knowing they would lose their cash if the bank went under unless the government saved them. Here’s how …

Image caption: Heavy storms prompted the state to extend tax deadlines for most California residents.
Storms Could Make Newsom’s Budget Problems Worse

Climate change driven storms are creating new problems for Gavin Newsom and California's budget process, which is already reeling from a projected $25 billion deficit that emerged after a $97 billion surplus disappeared.

Image caption: The future of malls looks like one where the rich get richer while lower-end malls simply die out.
Mall Culture and the American Dream

Shopping malls revolutionized how Americans shopped, socialized, and lived. Now, malls face an uncertain future. How did the dream of a new town square go so wrong?

Image caption: Suburbia has become a defining feature of the California landscape. But what does the word really mean?
How the Suburbs Shaped America, and California Shaped the Suburbs

America has become a mostly suburban country, and California is known for its sprawling ’burbs. But what is a suburb? It turns out California may not be as suburban as people believe.

Image caption: Scott Murrison inside a hoop house full of unused cannabis growing equipment in Hayfork on Feb. 7, 2023.
Emerald Triangle Cannabis Economy Pushed to the Brink

Cannabis has been king in this rural area of northern California. As prices plummet, communities and small businesses are hurting, Many blame Prop 64.

Image caption: Can YouTube be held liable for a deadly terrorist attack if its algorithm recommended ISIS videos?
SCOTUS Takes on Section 230, the Online Free Speech Law

The U.S. Supreme Court Tuesday heard arguments in a potential landmark case that could roll back Section 230, the 27-year-old law that protects free speech on social media and other online platforms. Which way were the justices leaning?

Image caption: Google is just one of dozens of tech companies announcing major layoffs in 2022 and 2023.
Silicon Valley Boom and Bust: Why California’s Tech Mecca Always Survives

Silicon Valley has been hit with repeated boom and bust cycles throughout its history, and layoffs are sweeping the tech industry in 2023. Here's why the Valley will survive the latest downturn, as it has all the others.

Image caption: Has Google established a monopoly over online advertising? The feds say yes.
DOJ Lawsuit Seeks To Force Google to Sell Ad Service

Google may be forced to sell off its $200 billion online advertising service if a new lawsuit by the federal Department of Justice claiming that Google acts as a monopoly succeeds.

Image caption: Explaining California is hard work! But at California Local, we were up for it throughout 2022.
Explaining California in 2022: Our 10 Best Explainers of the Year

2022 was a year that needed a lot of explaining. And California Local was there. Here are our 10 most important explanatory journalism stories from the year gone by, from immigration to cryptocurrency to wealth inequality and more.

Image caption: From its earliest days, Hollywood has reigned as California's most glamorous industry.
Hooray For Hollywood: All About California’s Most Glamorous Industry

From its early days of hard-charging, Jewish immigrant moguls to today's domination by megacorporations, here's how Hollywood continues to hold its place as one of California's most important industries.

New center named for Tahoe Blue Vodka

Tahoe Douglas Visitors Authority and Oak View Group, the global venue development, advisory and investment company for the sports and live entertainment industries, announced an exclusive multi-year naming rights agreement with Tahoe Blue Vodka. The live entertainment, sports and conference …

Food hall coming to South Lake Tahoe

Cascade Kitchens will be the first food hall of its kind in South Lake Tahoe, featuring unique food vendors, a grab-and-go market shop, full service bar, private event space and indoor and outdoor dining areas. The mission is to provide …

Image caption: Businessman and Republican activist Howard Jarvis was the main advocate for Prop 13 in the 1970s.
How Prop 13 Drives Economic and Racial Inequality

Proposition 13, the popular tax reform law passed in 1978, has driven increases in economic inequality and racial wealth disparities in California. Here’s how.

Featured

Water is a human right under California law, but it doesn’t always work out that way.
Agriculture and Water Shortages in the State’s Breadbasket, Explained
There are many causes contributing to this crisis. And as you may already know, this situation really is nuts.
The cycle of crime and homelessness is escalating, but it doesn't have to be that way.
Homelessness and Crime in California: Even More Complex Than You Think
What causes the cycle of homelessness and crime, and how to stop it.
Thousands of homeowners have been kicked off their fire insurance policies.
California Fire Insurance Crisis: How the State Helps Homeowners
The state tries persuading insurance companies to cover homes in fire zones.
Moss Landing in Monterey Bay is the world’s largest battery storage facility for solar and other renewable energy.
Solar Power and California’s Clean Energy Goals
How the sun is helping push the state toward 100 percent renewable energy.
Owning homes is the primary way the middle class builds wealth, and an option no longer available to most Californians.
Is California’s Housing Crisis Making Inequality Worse?
California has some of the worst economic inequality in the United States. Is housing a cause? Could it be a cure?
Though life expectancy has declined in recent years, Californians still live longer than most Americans.
Want to Live a Long, Healthy Life? Move to California
Californians live longer than people in all but three states, but not all counties are equal.
They help feed the whole country, but life for California’s farm workers remains a struggle.
How California Feeds the Country
California, a state known for high-tech and show business glitz, is also America’s farming powerhouse.
Zoning laws tell you what you can and can't build on the property you own. How does government get away with that?
How Zoning Laws Shape California and Society
Zoning is everywhere, but is it a way to regulate development or a tool for social engineering?
How California reclamation districts turned millions of acres of wetlands into fertile agricultural land, starting in the earliest days of the Gold Rush.
Reclamation Districts: Turning ‘Swamps’ Into Farmland
From its earliest days as a state, California has been trying to turn marshes into productive land.
Long-duration energy storage, such as this thermal energy storage facility, allows renewable energy sources to operate at full capacity without overloading the power grid.
How California Leads the Race For Long Duration Energy Storage
For renewable energy sources such as solar and wind to be viable, ways to store the power they create are essential.
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