California
Associated Press/Photo by Rich Pedroncelli (file)

'Uncharted waters'

Supreme Court | In the Proposition 8 case, Justice Anthony Kennedy voices caution about changing the definition of marriage
by Emily Belz
Posted 3/26/13, 01:37 pm

WASHINGTON—In a packed Supreme Court courtroom Tuesday morning, Justice Anthony Kennedy was the voice of caution to the lawyer arguing that all states must recognize the right of same-sex couples to marry. And Kennedy, who is all over the political map, may be the key to save the traditional marriage laws that have passed in 38 states. 

Read more

@iStockphoto.com/wellesenterprises

Business-unfriendly

Government | With its retroactive tax on entrepreneurs, California gives small businesses yet another reason to stay away from the state
by Angela Lu Fulton
Posted 2/19/13, 05:51 pm

LOS ANGELES—After eight years with the notorious title of the least business-friendly state, California is now driving away one of its last bright spots—its startup community—by taking away a popular tax break and requiring small business owners and investors to pay back the benefits they received in the past four years.

The Qualified Small Business (QSB) tax exclusion, which started 20 years ago, attracted entrepreneurs and early investors to start and keep businesses in California by cutting taxes on stock sales by a half.

Read more