LAX to Allow Full Ride-Share Service
Los Angeles will be the largest city in the country to allow ride-share services to pick passengers up from the airport. One lingering issue is whether ride-share drivers should be subject to the same background checks as taxi drivers. The city council asked state regulators to require background checks with fingerprints for ride-share drivers just like taxi drivers. Once contracts are worked out, L.A. will join San Francisco and San Jose, which began allowing ride-share pick ups in the last year.
Peso Drop Worries Relatives, Boosts Value of Remittances
The Mexican peso has hit a record low against the U.S. dollar. One dollar now equals 17 pesos. That's bad news for people in Mexico, but dollars from relatives in the U.S. will help.
What Can California Learn from San Jose's Long and Winding Road to Pension Reform?
Few cities in California have had more turbulence over voter-approved pension reform than San Jose. After years of bloody legal battles with police and firefighters who pushed back against the austerity of the plan, the city council yesterday passed a watered-down version to send back to voters in 2016. The pension havoc in Northern California's largest city is a cautionary tale on how difficult reform can be.