Why is California facing a jobs crisis?




 

California Business Roundtable President Robert Lapsley on the factors behind the state's jobs crisis.

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Paint makers reach $305 million settlement in California, ending marathon lead poisoning lawsuit
Paint makers reach $305 million settlement in California, ending marathon lead poisoning lawsuit

After a 19-year legal struggle, three former makers of lead paint have agreed to a $305 million settlement with California county and city governments to mitigate poisoning dangers still present in old housing. Under the deal, disclosed in a filing in Santa Clara County Superior Court on Wednesday, defendants Sherwin-Williams , Conagra Brands Inc and NL Industries agreed to pay out the sum over six years, starting with a $75 million payment later this year. The defendant paint companies did not admit any wrongdoing under the settlement.

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