News Headlines for Alamo, California

California May Pay With IOUs for Second Time Since Depression (Bloomberg)
Dec. 5 (Bloomberg) -- California , the world’s eighth largest economy, may pay vendors with IOUs for only the second time since the Great Depression, State Finance Director Mike Genest said.

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California court rules against Coldwater Creek (AP via Yahoo! Finance)
A California court has awarded boutique accessories retailer Brighton Collectibles a $6.7 million verdict against women's apparel retailer Coldwater Creek Inc. for infringing intellectual property rights, Brighton said Friday.

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Tour of California returning to San Francisco (San Francisco Chronicle)
After a one-year absence, San Francisco is back in the mix in the Amgen Tour of California. But don't blink, because you might miss it. In the first two editions of the Tour of California, San Francisco hosted the prologue, the opening race of the week-long...

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Southern California union is probing top official's role in ex-boyfriend's deal (Los Angeles Times)
SEIU is investigating whether Local 721 chief Annelle Grajeda helped Alejandro Stephens, who had headed a local that merged with hers, stay on the L.A. County payroll. She denies wrongdoing. Early last year, Alejandro Stephens' long tenure as president of one of California's biggest union locals came to an end after the labor organization he headed merged into a larger local. ...

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California Bank & Trust opening a new branch (The Sacramento Bee)
San Diego-based California Bank & Trust will open a new branch at 925 Highland Pointe Drive in Roseville on Dec. 15. California Bank & Trust is a subsidiary of Zions Bancorporation in Salt Lake City. – Mark Glover

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California Lottery revenues are drooping (The Sacramento Bee)
Gov. Arnold Schwarzenegger and state lawmakers may be banking long-term budget strategies on a revamped state lottery producing enhanced revenues. But for now, sales from the existing California Lottery are sputtering compared to a year ago, the state lottery commission learned this week. Lottery ticket sales, including Super Lotto Plus, Mega Millions, Fantasy 5 and scratcher games, dropped ...

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2009 Tour of California: Route to Santa Cruz includes two big climbs (Santa Cruz Sentinel)
SANTA CRUZ -- When Santa Cruz Mayor Ryan Coonerty announced the route of the Santa Cruz stage of the 2009 Tour of California on Thursday, he noted it includes two "moderate" climbs.

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Goodfellows: California family helps Houston's kids (Houston Chronicle)
Like clockwork every month and for nearly a decade, a California family has helped make sure that thousands of Houston children will have a memorable Christmas holiday.

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Judges consider California inmate release plan (North County Times)
SAN FRANCISCO ---- Would California face a public safety nightmare if judges allowed nearly a third of its inmates to be released from state prisons early to help ease the overcrowded conditions there?

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Modesto garners finish-line status in 2009 Amgen Tour of California (Modesto Bee)
Modesto residents will get a double dose of the 2009 Amgen Tour of California when cyclists entering the city take two circuits in and around Modesto Junior College and Graceada Park before finishing the third stage downtown.

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