The Obama administration is demanding an explanation from Anthem Blue Cross about its plans to hike some Californians' rates by as much as 39 percent. Health and Human Services Secretary Kathleen Sebelius sent a letter to the health insurer today, calling the proposed premium increases "extraordinary." Also, truckers at the Port of Oakland have only a few days left to find money to retrofit their vehicles.
Host: Stephanie Martin

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When it comes to purchasing new vehicles for its fleet, the California Assembly has decided to reinstate a 'buy American' policy. Lawmakers abandoned it in 2003 so they could purchase foreign-made hybrids such as the Toyota Prius. Also, worried about the loss of biotech jobs, peninsula Assemblyman Jerry Hill today announced a bill he hopes will keep those jobs in California.
Host: Stephanie Martin

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Concerns about the H1N1 flu virus boosted Clorox earnings for the second straight quarter in a row. Higher sales of disinfecting products helped push the Oakland-based company's profits up 28 percent over a year ago. Also, some 18,0000 California homes sold for $1 million or more last year. That may sound like a lot, but it's a steep decline since 2005 when the number peaked at just under 55,000.
Host: Stephanie Martin

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Governor Schwarzenneger was in San Jose today to call for a National Infrastructure Bank to fund projects that would create jobs and maintain the state's global competitiveness. President Obama has proposed directing $30 billion dollars to spur lending to small business, but smaller companies have a tough time offering health insurance to their workers.
Host: Stephanie Martin
Reporters:
- Oanh Ha

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As painful as the recession has been, Silicon Valley fared much better than it did during the dot-com bust -- and is poised for a faster turnaround. That's according to two separate studies presented today.
Host: Peter Jon Shuler

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Worldwide computer chip sales fell 9% in 2009 according to figures released today by the San Jose-based Semiconductor Industry Association. But the trade group says the drop in sales was less than had been forecast. Also, with just two months to go before the New United Motor Manufacturing plant in Fremont shuts down, workers are getting anxious about the lack of a severance package between management and the United Auto Workers local.
Host: Peter Jon Shuler

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