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Drug makers offer $80 billion toward healthcare overhaul - Los Angeles Times

Los Angeles Times
Pharmaceutical companies will offer drug discounts for seniors over the next decade in a deal worked out with lawmakers and the White House.
Washington Post
New York Times
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Schwarzenegger plans $2.8 billion more in state cuts - Los Angeles Times

Los Angeles Times
School, healthcare and welfare programs face deep cuts. The latest proposal would affect nearly all quarters of state operations. By Eric Bailey Reporting from Sacramento — Gov.
San Francisco Chronicle
msnbc.com
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California governor sees $15.4 billion gap - Reuters

Reuters
The stock market's turmoil has also sharply reduced revenues from capital gains taxes and California's housing market is in a deep slump, which is hurting consumer spending and in turn denting collections of retail sales taxes. …
Bizjournals.com
Press-Enterprise

Budget Deficit Now Over $15 Billion Massive Cuts Seem Certain To Come - California Progress Report

California Progress Report, CA
“If on May 19th it passes, here is one scenario, this is what we need to do in order to balance our books by July 1st. If it doesn't pass, if the initiatives don't pass, then here is the other scenario, with the more severe cuts, which is the $6 …
Reuters

Santos Halts Stock; May Seek A$3 Billion, Review Says - Bloomberg

Bloomberg
By Ben Sharples May 11 (Bloomberg) — Santos Ltd., Australia's third- biggest oil and gas producer, halted trading in its shares ahead of a capital raising that the Australian Financial Review said would involve a A$3 billion ($2.3 billion) share sale. …

Saratoga wants its rightful share of $787 billion federal aid pot - San Jose Mercury News

San Jose Mercury News,  USA - , 
The California Energy Commission has been tapped to dole out 60 percent of the state's $49.6 million portion of the federal grant to smaller cities and counties through a competitive grant process, said Crystal Morrow, administrative analyst with the …

Asian Nations Unveil $120 Billion Liquidity Fund - Wall Street Journal

Wall Street Journal
BALI, Indonesia — Ministers from across Asia agreed to set up an emergency $120 billion liquidity fund that 13 Asian nations can tap to help counter the global financial crisis.
Alibaba News Channel
Xinhua
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Asia's $120 Billion Reserve Fund to Boost Confidence - Bloomberg

Bloomberg - , 
By Shamim Adam and Jason Clenfield May 4 (Bloomberg) — Asian nations will start a $120 billion foreign-currency reserve pool by year-end to help revive investor confidence as economies around the region falter amid the worst global recession since …
Wall Street Journal
Xinhua
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Summer attraction: Hollywood's $1 billion movie marketing blitz - Chicago Tribune

Chicago Tribune, United States
By Claudia Eller | Tribune newspapers HOLLYWOOD — You know times are getting tough in the movie business when an entourage of studio executives, instead of flying by private jet to Sacramento to attend a screening, is forced to ride-share to …
New York Times

Proposition 1B would provide $9.3 billion for California schools - Los Angeles Times

Los Angeles Times
It would make up for earlier cutbacks in state funding, but only if voters also approve Proposition 1A, which would extend recent tax increases for up to two additional years.
San Francisco Chronicle
San Jose Mercury News
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