California wants to buy huge ranch near Livermore to create new state park

When Gov. Gavin Newsom announced his $222 billion proposed state budget on Friday, he mentioned that he wants legislative leaders to dedicate $20 million from a one-time surplus to help purchase new public parkland. Newsom declined to say where the new park might be, suggesting the asking price could “go up” if he revealed details.

California could be first state to launch its own prescription drug label

Newsom wants California, home to nearly 40 million people, to contract with generic drug companies to make prescription medications on its behalf so it could then sell them to the public. The goal, according to the governor's office, is to lower prices by increasing competition in the generic market.

California Gov. Newsom rejects PG&E's bankruptcy plan

California Gov. Gavin Newsom has rejected a bankruptcy reorganization plan that Pacific Gas and Electric reached just last week with thousands of wildfire victims, including a $13.5 billion settlement.