News Tipoffs - California Editors
Air Force Test Pilot School Begins Transformation for Great Power Competition
EDWARDS AFB, California, Sept. 10 -- The U.S. Air Force's Edwards Air Force Base issued the following news:
On the cusp of its 80th anniversary, the Air Force Test Pilot School at Edwards Air Force Base, California, is undergoing a major transformation to better prepare Airmen and Guardians for the complex and rapidly evolving challenges of modern warfare. Highlighting the need to adapt to an era of Great Power Competition, TPS has introduced a new strategic plan to modernize its curriculum, en
more
Calif. PUC Issues Decision Denying Intervenor Compensation Involving Frederick L. Pilot
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following decision denying intervenor compensation (Agenda ID No. 22819) on Sept. 9, 2024.
Here are excerpts:
* * *
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Order Instituting Rulemaking Regarding Broadband Infrastructure Deployment and to Support Service Providers in the State of California.
DECISION DENYING INTERVENOR COMPENSATION CLAIM OF FREDERICK L. PILOT
Intervenor: Fr
more
Calif. PUC Issues Decision Denying Petition for Modification of Decision Involving Ivy Energy
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following decision denying petition for modification of decision (Agenda ID No. 22817) on Sept. 9, 2024:
* * *
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Order Instituting Rulemaking to Revisit Net Energy Metering Tariffs Pursuant to Decision 16-01-044, and to Address Other Issues Related to Net Energy Metering.
DECISION DENYING IVY ENERGY PETITION FOR MODIFICATION OF DECISION
more
Calif. PUC Takes Up Case Involving California Contractors State License Board
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (Res E-5330) for Sept. 12, 2024:
* * *
California Contractors State License Board for Solar Energy System Disclosure Document
PROPOSED OUTCOME:
* Modifies the inputs and assumptions used to calculate the Commission-required bill savings estimates provided to potential Investor-Owned Utility residential solar customers by licensed contractors. Following Commission adoption of thi
more
Calif. PUC Takes Up Case Involving Diablo Canyon Power Plant
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (R.20-05-003) for Sept. 12, 2024:
* * *
Diablo Canyon Power Plant Replacement Bridge Resources
Order Instituting Rulemaking to Continue Electric Integrated Resource Planning and Related Procurement Processes.
PROPOSED OUTCOME:
* Allows load serving entities with compliance obligations under Decision (D.) 21-06035 for Diablo Canyon Power Plant replacement resources to use bridge
more
Calif. PUC Takes Up Case Involving Ivy Energy
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (R.20-08-020) for Sept. 12, 2024:
* * *
Order Instituting Rulemaking to Revisit Net Energy Metering Tariffs Pursuant to Decision 16-01044, and to Address Other Issues Related to Net Energy Metering.
PROPOSED OUTCOME:
* Denies Petition with Prejudice.
* Closes the proceeding.
SAFETY CONSIDERATIONS:
* There are no safety considerations associated with this decision.
ESTIMATED
more
Calif. PUC Takes Up Case Involving Lake Alpine Water
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (Res W-5281) for Sept. 12, 2024:
* * *
Lake Alpine Water Company to Finance Capital Expenditures
PROPOSED OUTCOME:
* Authorizes Lake Alpine Water Company (LAWC) to execute an unsecured loan contract with its shareholders, for $130,000, at 6.5% interest, and a term of 5 years.
SAFETY CONSIDERATIONS:
* LAWC has no outstanding compliance orders, and the utility has been filing an
more
Calif. PUC Takes Up Case Involving LCB Communications
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (Res T-17827) for Sept. 12, 2024:
* * *
LCB Communications, LLC as an Eligible Telecommunications Carrier
PROPOSED OUTCOME:
* Grants conditionally the request of LCB Communications, LLC, a competitive local exchange carrier, to be designated as an Eligible Telecommunications Carrier (ETC) to obtain federal Lifeline support for voice service only in its service area, which includ
more
Calif. PUC Takes Up Case Involving Pacific Gas & Electric
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (A.23-10-009) for Sept. 12, 2024:
* * *
Application of Pacific Gas and Electric Company for Approval of Modifications to the Diablo Canyon Power Plant Employee Retention Program.
PROPOSED OUTCOME:
* Approves an uncontested Settlement Agreement resolving all issues related to the Diablo Canyon Power Plant (DCPP) employee retention program.
* Closes the proceeding.
SAFETY CONSID
more
Calif. PUC Takes Up Case Involving Pacific Gas & Electric Automated Response Technology Program
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (Res E-5341) for Sept. 9, 2024:
* * *
Pacific Gas and Electric Company's Automated Response Technology Program
PROPOSED OUTCOME:
* Approves, with modification, Pacific Gas and Electric Company (PG&E) Advice Letters 7193-E and 7193-E-A detailing the Automated Response Technology (ART) program.
* Orders PG&E to file a Tier 2 advice letter proposing a penalty structure for ART, du
more
Calif. PUC Takes Up Case Involving Pacific Gas & Electric Cost Recovery of Wildfire Mitigation
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (A.23-12-001) for Sept. 12, 2024:
* * *
Application of Pacific Gas and Electric Company for Recovery of Recorded Expenditures Related to Wildfire Mitigation, Catastrophic Events, and Other Recorded Costs.
PROPOSED OUTCOME:
* Grants in part the January 29, 2024, motion filed by Pacific Gas and Electric Company (PG&E) requesting interim rate recovery, subject to refund, of approxi
more
Calif. PUC Takes Up Case Involving Rudy Gnekow Vs. California American Water
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (C.24-03-012) for Sept. 12, 2024:
* * *
Rudy Gnekow vs. Garry M. Hofer, Vice President of Operations California American Water Company.
PROPOSED OUTCOME:
* Award of $214.66 in bill credit in favor of Complainant.
* Directs California American Water Company to issue with the credit within 30 days of the Decision.
* Closes the Proceeding.
SAFETY CONSIDERATIONS:
* There are no
more
Calif. PUC Takes Up Case Involving Telco Experts
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (A.22-01-013) for Sept. 12, 2024:
* * *
Application of Telco Experts, LLC for a Certificate of Public Convenience and Necessity to provide resold competitive local exchange service throughout the service territories of Pacific Bell Telephone Company, Frontier California, Inc., Frontier Communications of the Southwest, Inc., Consolidated Communications of California Company, and Ci
more
Calif. PUC Takes Up Case Involving Xchange Telecom, Atlantic Mobile U.S.
SAN FRANCISCO, California, Sept. 10 -- The California Public Utilities Commission issued the following agenda item (Res T-17840) for Sept. 12, 2024:
* * *
Wireless ID Registrations of Xchange Telecom LLC and Atlantic Mobile US LLC
PROPOSED OUTCOME:
* Revokes the Wireless ID Registration (WIR) of Xchange Telecom LLC and Atlantic Mobile US LLC. If these carriers seek to continue operating in California, they must submit a new WIR and disclose this revocation via a sworn affidavit in order to b
more
Calif. U.S. Attorney: Man Sentenced to 40 Months for Participating in International Money Laundering Scheme Involving More Than $3M in Fraud Proceeds
SAN DIEGO, California, Sept. 9 -- The office of the U.S. Attorney for the Southern District of California issued the following news release:
Juan Pablo Prada Bernal of Colombia was sentenced in federal court today to 40 months in prison for participating in an international money laundering conspiracy involving more than $3 million in proceeds obtained through phone scams.
At today's hearing, U.S. District Court Judge Andrew G. Schopler also ordered Bernal to pay $327,040.72 in restitution to
more
DOD IG: 'Whistleblower Reprisal Investigation - U.S. Army Reserve 11th Expeditionary Combat Aviation Brigade Fort Carson, Colo.'
WASHINGTON, Sept. 9 -- The Defense Inspector General issued the following report (No. DODIG-2024-128) on Sept. 4, 2024, entitled "Whistleblower Reprisal Investigation: U.S. Army Reserve 11th Expeditionary Combat Aviation Brigade Fort Carson, Colorado."
Here are excerpts:
* * *
Background
The 11 ECAB
In support of Operation Inherent Resolve and Operation Spartan Shield, the Department of the Army tasked the 11 ECAB with mobilizing approximately 1,200 11 ECAB Soldiers for a 400-day deployment
more
FCC Chairwoman Rosenworcel Issues Remarks at Consortium of State School Boards Association Event
WASHINGTON, Sept. 10 -- The Federal Communications Commission issued the following remarks on Sept. 9, 2024, by Chairwoman Jessica Rosenworcel at the Consortium of State School Boards Association event:
* * *
Hello to the State School Boards Association! Leave it to educators to have an 8:30 AM start time on a Monday. But I have had my morning coffee, and I am thrilled to join you, so let's get going.
Let me start by thanking you for the work you do for our children, our communities, and our
more
Federal Reserve Bank of Richmond: Understanding the Lack of Skill Specialization in Peru
RICHMOND, Virginia, Sept. 7 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 24-29) in August 2024 entitled "Understanding the Lack of Skill Specialization in Peru". The economic brief was written by Andrea Atencio De Leon, Munseob Lee and Claudia Macaluso.
* * *
Jobs in Peru use a larger number of skills than comparable jobs in the U.S. This lack of specialization is consistent with firms' hiring of "toderos" (workers with many skills, do-it-alls), giv
more
Federal Reserve Bank of San Francisco: Consumer and Firm Perceptions of the Aggregate Labor Market Conditions
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-28) on Aug. 13, 2024, entitled "Consumer and Firm Perceptions of the Aggregate Labor Market Conditions". The white paper was written by Marianna Kudlyak and Brandon Miskanic.
* * *
Abstract
In the pre-pandemic period, measures of consumer labor market perceptions correlated well with the aggregate unemployment rate. However, for more than a year during the pande
more
Federal Reserve Bank of San Francisco: Corporate Debt Maturity Matters for Monetary Policy
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-29) on Aug. 16, 2024, entitled "Corporate Debt Maturity Matters for Monetary Policy". The white paper was written by Joachim Jungherr of the University of Bonn; Matthias Meier of the University of Mannheim; Timo Reinelt; and Immo Schott of Federal Reserve Board.
* * *
Abstract
We provide novel empirical evidence that firms' investment is more responsive to monet
more
Federal Reserve Bank of San Francisco: Credit Supply, Prices, and Non-Price Mechanisms in the Mortgage Market
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-25) on Aug. 12, 2024, entitled "Credit Supply, Prices, and Non-price Mechanisms in the Mortgage Market". The white paper was written by John Mondragon.
* * *
Abstract
I use an episode of relatively tight credit supply in the jumbo mortgage market to quantify the importance of price and non-price credit supply mechanisms in explaining changes in borrowing. Follow
more
Federal Reserve Bank of San Francisco: Industrial Composition of Syndicated Loans and Banks' Climate Commitments
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-23) on July 30, 2024, entitled "Industrial Composition of Syndicated Loans and Banks' Climate Commitments". The white paper was written by Galina Hale of the University of California, Santa Cruz, Brigid Meisenbacher and Fernanda Nechio.
* * *
Abstract
In the past two decades, a number of banks joined global initiatives aimed to mitigate climate change by "greeni
more
Federal Reserve Bank of San Francisco: Inference for Local Projections
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-29) on Aug. 13, 2024, entitled "Inference for Local Projections". The white paper was written by Atsushi Inoue of the Vanderbilt University; Oscar Jorda; and Guido M. Kuersteiner of the University of Maryland.
* * *
Abstract
Inference for impulse responses estimated with local projections presents interesting challenges and opportunities. Analysts typically want
more
Federal Reserve Bank of San Francisco: Inflation Disagreement Weakens the Power of Monetary Policy
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-27) on Aug. 13, 2024, entitled "Inflation Disagreement Weakens the Power of Monetary Policy". The white paper was written by Ding Dong of Hong Kong Baptist University; Zheng Liu; Pengfei Wang of the Peking University HSBC Business School; and Min Wei of the Federal Reserve Board.
* * *
Abstract. Households often disagree in their inflation outlooks. We present no
more
Federal Reserve Bank of San Francisco: Local Projections
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-24) on Aug. 12, 2024, entitled "Local Projections". The white paper was written by Oscar Jorda and Alan M. Taylor of the Columbia University.
* * *
Abstract
A central question in applied research is to estimate the effect of an exogenous intervention or shock on an outcome. The intervention can affect the outcome and controls on impact and over time. Moreover, t
more
Federal Reserve Bank of San Francisco: Macroeconomic Expectations and Cognitive Noise
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-19) on June 14, 2024, entitled "Macroeconomic Expectations and Cognitive Noise". The white paper was written by Yeji Sung.
* * *
Abstract
This paper examines forecast biases through cognitive noise, moving beyond the conventional view that frictions emerge solely from using external data. By extending Sims's (2003) imperfect attention model to include imperfect
more
Federal Reserve Bank of San Francisco: Pandemic Layoffs and the Role of Stay-At-Home Orders
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-20) on July 10, 2024, entitled "Pandemic Layoffs and the Role of Stay-At-Home Orders". The white paper was written by Marianna Kudlyak and Erin L. Wolcott.
* * *
Abstract
We compile a novel high-frequency, detailed geographic dataset on mass layoffs from U.S. state labor departments. Using recent advances in difference-in-difference estimation with staggered tre
more
Federal Reserve Bank of San Francisco: Persistent Effects of the Paycheck Protection Program and the PPPLF On Small Business Lending
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-26) on Aug. 13, 2024, entitled "Persistent Effects of the Paycheck Protection Program and the PPPLF On Small Business Lending". The white paper was written by Lora Dufresne and Mark M. Spiegel.
* * *
Abstract. Using bank-level U.S. Call Report data, we examine the longer-term effects of the Paycheck Protection Program (PPP) and the PPP Liquidity Facility on small
more
Federal Reserve Bank of San Francisco: Phillips Meets Beveridge
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-22) on July 22, 2024, entitled "Phillips Meets Beveridge". The white paper was written by Regis Barnichon and Adam Hale Shapiro.
* * *
Abstract
The Phillips curve plays a central role in the macroeconomics literature. However, there is little consensus on the forcing variable that drives inflation in the model, i.e., on the appropriate measure of "slack" in the
more
Federal Reserve Bank of San Francisco: Snow Belt to Sun Belt Migration: End of an Era?
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-21) on July 14, 2024, entitled "Snow Belt to Sun Belt Migration: End of an Era?". The white paper was written by Sylvain Leduc and Daniel J. Wilson.
* * *
Abstract
Internal migration has been cited as a key channel by which societies will adapt to climate change. We show in this paper that this process has already been happening in the United States. Over the co
more
FEMA Approves Assistance for the Line Fire in California and Three Other Active Wildfires in Western States, Urges People to Stay Safe and Listen to Local Officials
WASHINGTON, Sept. 9 -- The U.S. Department of Homeland Security Federal Emergency Management Agency issued the following news release:
The Line Fire in Southern California has spread to more than 20,000 acres, forced the evacuation of thousands of homes in San Bernadino County and is threatening more than 36,000 structures. FEMA is urging residents and visitors to listen to instructions from local officials and to evacuate immediately if told to do so.
The FEMA approved funds will help states
more
Intern Spotlight: Students Develop Model to Focus Salmon Restoration Funds Where They Will Make the Greatest Difference for Killer Whales
WASHINGTON, Sept. 9 -- The National Oceanic and Atmospheric Administration issued the following news:
Prey scarcity is one of the main threats to the survival and recovery of Southern Resident killer whales. Their preferred prey, Chinook salmon, are threatened by habitat degradation. Restoring riparian habitats that provide refuge for juvenile salmon on their way to the ocean is crucial for boosting salmon populations and providing more prey for the whales.
For my master's capstone project, I
more
President Biden Announces Key Nominees on Sept. 9, 2024
WASHINGTON, Sept. 10 -- The White House issued the following news release on Sept. 9, 2024:
Today, President Joe Biden announced his intent to nominate the following individuals to serve as key leaders in his administration:
* Ben Cardin, to be a Representative of the United States of America to the Seventy-ninth Session of the General Assembly of the United Nations
* Dan Sullivan, to be a Representative of the United States of America to the Seventy-ninth Session of the General Assembly of t
more
USS Richard M. McCool, Jr. Commissions
WASHINGTON, Sept. 10 -- The U.S. Navy's U.S. Fleet Forces Command issued the following news:
By Julie Ann Ripley
NAVAL AIR STATION PENSACOLA, Fla. - The San Antonio-class amphibious transport dock USS Richard M. McCool, Jr. (LPD 29) commissioned at Naval Air Station Pensacola, Florida, September 7.
Welcomed throughout the week, the crew, joined by the ship's sponsor, Shana McCool, and McCool's great-grandchildren, attended community events supported by local businesses, flyovers by the Navy's
more
USS Richard M. McCool, Jr. Commissions
WASHINGTON, Sept. 10 -- The U.S. Navy issued the following news story:
By Julie Ann Ripley
Naval Air Station Pensacola, Fla. - The San Antonio-class amphibious transport dock USS Richard M. McCool, Jr. (LPD 29) commissioned at Naval Air Station Pensacola, Florida, September 7.
Welcomed throughout the week, the crew, joined by the ship's sponsor, Shana McCool, and McCool's great-grandchildren, attended community events supported by local businesses, flyovers by the Navy's Blue Angels flight de
more
