Calif. Gov. Jerry Brown and U.S. Interior Secretary Ken Salazar announced a new $23.7 billion proposal that would build a twin tunnel system to carry water from the Sacramento-San Joaquin River Delta over to the southern part of the state.
Water in Southern California has become an intractable problem. The frustration was evident at the press conference, when Brown dropped a four-letter expletive.
Ford Motor Co. intends to prove that good things come in small packages — really small packages. The company has taken engine downsizing to a new level with its new three-cylinder EcoBoost engine, which has been introduced in Europe and is set to hit the U.S. market next year.
The EcoBoost offers more power than many conventional four-cylinder engines, with fuel economy numbers a hybrid could envy. Early fans are calling it a modern "little engine that could," and Ford is betting that American customers are ready to embrace a three-cylinder engine.
President Obama and Republican challenger Mitt Romney have been trading attacks over the issue of American jobs being moved overseas.
The president has pounded Romney for the investments made by his former firm Bain Capital in the 1990s. Not to be outdone, the Romney campaign has suggested most of the money from the president's stimulus program went to create jobs overseas.
If the stakes could not be bigger, why are the presidential candidates running such insubstantial campaigns?
On any given day, it seems like the debate is about whether President Obama thinks entrepreneurs built their own businesses or what year Mitt Romney gave up control of Bain Capital — instead of big solutions to fundamental problems like economic growth, energy or immigration.