Washington, DC - The Securities and Exchange Commission today charged a school district in California with misleading bond investors about its failure to provide contractually required financial information and notices.  The case is the first to be resolved under a new SEC initiative to address materially inaccurate statements in municipal bond offering documents.

Santa Clara, California - Intel Corporation today announced that it has entered into a manufacturing agreement with Panasonic Corporation's System LSI Business Division. Intel's custom foundry business will manufacture future Panasonic system-on-chips (SoCs) using Intel's 14nm low-power manufacturing process.

Sacramento, California - The California Public Employees’ Retirement System (CalPERS) has saved more than 2.4 million gallons of water from March through May 2014 compared to last year at the same time as part of its effort to conserve water during California’s drought.

Sacramento, California - Updated building standards, designed to get more energy savings from new and existing residential and nonresidential buildings, took effect July 1 in California. The 2013 Building Energy Efficiency Standards (Title 24) will lead to 25 percent less energy consumption for residential buildings and 30 percent savings for nonresidential buildings over 2008 Energy Standards.

Sacramento, California - University of California President Janet Napolitano announced the UC’s new Global Food Initiative yesterday (July 1) at a meeting of the California State Board of Food and Agriculture at CDFA headquarters.

Stanford, California - Policymakers should conduct "net energy analyses" when evaluating the long-term sustainability of energy technologies, according to new Stanford research.

Woodland, California - A Yolo County jury convicted a repeat sturgeon poacher and his accomplice of multiple felonies and poaching charges stemming from a 2010 poaching investigation. They were convicted June 19, with sentencing scheduled for August 1.