Daily Headlines September 13, 2024
We scan major news sources* and compile selected articles to keep you up-to-date on current issues affecting California business – the economy, health care, environment, transportation and more. Receive Daily Headlines by Email
Today’s Top Story
Coalition Seeks Veto of Election Disinformation Bill Based on Incorrect Assumptions
Legislation aimed at preventing online election disinformation should be vetoed because it is based on false assumptions, could have a chilling effect on online speech and raises First Amendment questions, according to a coalition including the California Chamber of Commerce and technology industry associations.
Top California News
- California Governor Signs a Bill Bringing Back Harsh Penalties for Smash-and-Grab Robberies
California Gov. Gavin Newsom signed a bill Thursday bringing back tough criminal penalties targeting large-scale stealing schemes and smash-and-grab robberies that have fueled voter frustration across the state. The new law requires prosecutors to start imposing harsher sentences again for those who damage or destroy property valued at more than $50,000 while committing a felony. The Associated Press (No subscription required)
- Inland Empire Wildfire Threats Cast Light on Home Insurance Crisis
…In June the San Bernardino County Board of Supervisors pulled the alarm on that problem, calling for the state to declare an emergency over the dwindling home insurance options for people in high-risk areas. That includes lots of places in the Inland Empire’s deserts and mountains, where high heat and dry conditions make wildfire a constant danger. Adding to that, the region’s varied terrain leaves it vulnerable to a host of other calamities, including earthquakes, floods and even blizzards. CalMatters (No subscription required)
- Firefighters Gaining Control Over Destructive Southern California Wildfires
Little by little, firefighting crews in Southern California are gaining control over three wildfires that have destroyed dozens of buildings, burned more than 100,000 acres and kept countless residents out of their homes for days. On Friday, containment of the 51,884-acre Bridge fire increased to 3% after days of marching its way north over the Angeles and San Bernardino National forests with crews unable to contain any of its perimeter. Los Angeles Times (Subscription required)
Top National, International News
- US Consumer Sentiment Ticks Higher for Second Month but Remains Subdued
Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture and the prospect of interest rate cuts by the Federal Reserve. The Associated Press (No subscription required)
- Eurozone Industry Continues to Flounder
Eurozone factories failed to produce more goods for a fourth straight month as the sector struggles to turn around a prolonged downturn led by its most important member, Germany. The Wall Street Journal (Subscription required)
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