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The California Report

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Jobs to Announce Apple's iCloud
Apple CEO Steve Jobs is coming off medical leave today to add his clout to a product announcement. He's expected to unveil details of Apple's entry into the emerging cloud-based music market. These services let people store their music collection online and then listen to it anywhere and on any device.

Spending Caps Are Nothing New in California Budgeting
The Legislature is expected to begin formal debate on the state budget this week. So far, negotiations remain stuck on the issue of taxes, and Republicans are insisting on some major policy changes, including a new formal cap on spending. The key word is "new" -- the state has had a legal spending limit for more than a generation.

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