Articles by tag: California

California OTA Decides in Favor of Microsoft on income tax apportionment matter

apportionment

In The Matter of the Appeal of Microsoft Corporation and Subsidiaries, OTA Case No. 21037336, the Office of Tax Appeals (“OTA”) decided that the taxpayer, Microsoft Corporation, was correct to include the entirety of its gross receipts from repatriated dividends in the denominator of its sales factor used for apportionment, regardless of the fact that…

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Hotel Revenue in California Rides a Rollercoaster Due to Decreased Travel, Strikes, Other Factors

There’s a myriad of economic activities that contribute to the prosperity, hotels, and tourism in California, which subsequently support the Golden State. Although the state is successful in other industries, its hospitality sector offers a snapshot of how diverse influences, from currency valuation to labor shortages, play out in a microcosm. The pandemic lockdowns…

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California Commits to Doubling EV Chargers Throughout the State by 2025

By 2025, California will solidify its EV charging lead in the U.S. California commits to doubling EV chargers through a $2.9 billion project aimed at increasing available charging infrastructure in key zones across the state. “The plan will increase access to charging and hydrogen fueling for individuals, businesses and public agencies, while supporting our emerging…

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Why Might California’s 2023-2024 Education Budget Lack Billions in Funding?

Things are looking bleak for California’s 2023-2024 education budget and school year. As the state gears up for another legislative cycle and major funding decisions, the state’s nonpartisan Legislative Analyst Office is predicting a hole of $2.6 billion for schools and community colleges beginning in July 2023. Declining state revenues are keeping education funds tight,…

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Innovation to Lower Cost Base for Higher Education

California higher education is losing money. Their enrollment is decreasing, as inflation has the cost for school attendance, sky high. The state is working on establishing a new and updated solution to solve the high enrollment costs coupled with the low enrollments rates. Michael Horn, Host of The Future of Education, speaks of innovation and…

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Energy
The Impact of Oil Spills Beyond the Environment

An oil spill doesn’t just have environmental consequences… the ramifications can extend to other entities as well. As Orange County in California is dealing with the aftermath of an oil spill that left 126 thousand gallons of oil in the Pacific Ocean, what sort of impacts does this have on the tourist industry? How…

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Energy
California Oil Spill is a “Tempest in a Teapot,” Oil Economist Says

California is in emergency mode to reign in a 25-mile oil slick, after an estimated 3,000 barrels, or 126,000 gallons, of post-production crude was spilled in the Pacific Ocean off the coast of Orange County. Though the situation is still on-going, authorities suspect a ship’s anchor may be to blame, cutting into an off-shore pipeline….

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panasonic pt-rq18 laser projectors
Rentex Welcomes the Powerful Panasonic PT-RQ18 Laser Projectors!
June 23, 2024

More Panasonic PT-RQ18 laser projectors with cages have just arrived at Rentex. As the exclusive subrental provider of the RQ18, Rentex offers this state-of-the-art projector, known for its 16,000 lumens at 208v and 15,000 lumens at 110v. The PT-RQ18 is the smallest and lightest 16,000 lm 3-Chip DLP™ 4K projector in its class, delivering unparalleled…

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DMX Controllers
Rentex Unveils Jands DMX Controllers and Cases for Rental!
June 23, 2024

Rentex has just added the cutting-edge Jands DMX controllers and sturdy cases to their rental lineup. These high-performance controllers deliver precise lighting control, perfect for making any event unforgettable. The durable cases ensure your gear stays protected, ready to perform wherever your gig takes you. Rentex continues to provide top-tier AV equipment for all professional…

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panasonic th-55eq2 4k monitors
Panasonic TH-55EQ2 4K Monitor Gets the Royal Treatment!
June 22, 2024

One of the Panasonic TH-55EQ2 4K monitors is currently undergoing a meticulous quality check at Rentex. This 55″ professional display features 4K Ultra HD resolution, ensuring stunning image clarity and color accuracy. The Rentex team ensures the monitor meets all performance standards and is in perfect condition for its next rental. This process underscores Rentex’s…

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panasonic uc4000 4k eng camera
Panasonic UC4000 4K ENG Camera: QC, Process, and Storage
June 22, 2024

The Rentex team is conducting a thorough quality check on the Panasonic UC4000 4K ENG Camera, ensuring it meets our high standards. This comprehensive process includes checking for any necessary repairs and optimizing the camera’s performance. Once maintenance is complete, the camera will be meticulously stored, ready for its next rental. Rentex’s commitment to quality…

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Retooling Testing Strategies for Today’s Modern Learning Environment
September 9, 2021

School districts from California, to Colorado, to Texas all continue to distance themselves from legacy standardized testing, both for the K-12 education journey and for college admissions. With low standardized testing performance, how should schools retool their testing strategies to address both learning loss and year-over-year aptitude in an individualized way? Here’s Gustaf Öqvist Seimyr,…

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California’s Record Heat Waves Drive Droughts to Match
August 10, 2021

Extreme temperatures have impacted the nation’s power grid from both ends of the spectrum, with states like Texas experiencing both severe outages during an unprecedented freeze and drastic sags during the hot summer months. In California, though, things have taken an even more disruptive turn. The state recently shut down a major hydroelectric plant at…

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Demand Response and the Power Grid: How to End Rolling Blackouts
June 22, 2021

Rolling blackouts are a big topic of conversation right now, with Texas and California facing potential summer blackouts due to heat waves. But most people don’t understand why they’re necessary and what they achieve. One crucial question surrounding blackouts is whether or not power grids can get to a place where they’re not needed. On…

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Will Better Supply Chain Visibility Solve California’s Dock Problems?
April 12, 2021

There is a bevy of ships vying for the same docks on the West Coast. From Los Angeles to San Francisco, ships park off the coast for long periods. At times, around 40 ships have been stopped for nearly a week with almost 14,000 containers. What are these bottlenecks doing to the supply chain? How…

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Disney CEO Bob Chapek on Park Reopening Precautions and Future Plans
March 22, 2021

As COVID-19 restrictions ease across the United States, Disney plans to open its flagship Disneyland theme park on April 30th. The company’s CEO Bob Chapek spoke to Bloomberg about the much anticipated reopening and his optimistic outlook for the future.   Chapek: We’re thrilled with the response that we’re seeing from our guest in terms…

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Safari Energy Reaches 500th Commercial Solar Project
March 17, 2021

NEW YORK, March 11, 2021 – Leading solar developer Safari Energy announced that the company has developed or acquired its 500th commercial scale solar project. Spanning 24 states and Washington, D.C., Safari Energy’s projects have generated more than 618,000 megawatt-hours of electricity, or the equivalent of avoiding more than 437,000 metric tons of CO2 emissions….

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Los Angeles Film & TV Production Hits Rock Bottom During Pandemic
February 4, 2021

More data has been released regarding how the Los Angeles film market has adjusted to the pandemic, and, though, there are some signs of life and reasons for hope, the numbers are not good. Reporting out of Hollywood Reporter said that non-profit benefit and research organization for the greater LA media economy, FilmLA, recently…

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Disney Parks Cut Labor Force by 28,000 Amid Difficult Recovery
October 6, 2020

Disney theme parks are becoming a small world after all as the company announces a massive round of layoffs to its part-time employees. According to the BBC, Disney lost 4.7 billion dollars in revenue in just three months of being closed due to the coronavirus pandemic. The layoffs apply to Disney’s US based parks in…

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Why Uber & Lyft Threatened to Leave California For Good: Business Casual
August 26, 2020

Uber & Lyft are experiencing serious deja-vu as California cracks down on their business model, similar to when an Austin, TX ballot proposition pushed the ride share companies out in 2016. California, in a well-intentioned effort to get gig-workers better benefits, demanded the Big Tech companies make their freelancers employees, not contractors. In retaliation…

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