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KBS Real Estate Investment Trust I has completed a $20.6 million deal for two buildings at City Gate Plaza, a master-planned office park in South Natomas.

Rick Martin became deputy director for plan and provider relations at the California Department of Managed Health Care, effective Tuesday.

Senator Mark Leno introduced a resolution Tuesday that would put the state Legislature on the record as opposing Proposition 8, the gay marriage ban that was approved by voters on the November ballot.

Capitol Corridor rail service saw a 16.8 percent increase in ridership and a 24 percent increase in revenue in fiscal 2008 — record-breaking results for the year ending Sept. 30.

Californians used 8.3 percent less gas in August than they did in the same month in 2007, while gas prices climbed 40 percent in the same time period.

Comcast Corp. will raise its cable-only customer prices by 4.5 percent in Central California effective Jan. 1, 2009. the company said Wednesday.

An Isleton woman pleaded guilty yesterday to a charge of embezzling $466,000 from her employer, a pear farm in Walnut Grove, according to the U.S. Attorney’s office in Sacramento.

Retailers may face as much trouble moving their merchandise online as they will in stores this holiday season. For the first time ever, online sales are down so far this month. (SCOR)

Retailers may face as much trouble moving their merchandise online as they will in stores this holiday season. For the first time ever, online sales are down so far this month. (SCOR)

The Federal Deposit Insurance Corp. reports that the number of “problem” banks rose sharply in the third quarter.

The deteriorating world economy will slam Starbucks Corp. next year, company officials warned in a filing with the Securities and Exchange Commission. (SBUX)

Kaiser Permanente has awarded more than $1 million in grants to help nonprofit organizations statewide promote HIV/AIDS awareness, prevention, support and treatment for people living with the disease.

President-elect Barack Obama named his top two budget officials Tuesday and promised to cut government waste even as he invests in programs to stimulate the economy.

The inventory of homes for sale in California dropped sharply in October as the pace of sales picked up, a report said Tuesday.

All commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. reported earning a combined $1.7 billion in the third quarter of 2008, a decline of a whopping 94 percent from earnings of $28.7 billion during the same period the year earlier, according to an excerpt from the FDIC’s Quarterly Banking Profile.

Twenty-three percent of Americans are using cash more often than they did a year ago, according to a survey by Coinstar Inc. (CSTR)

Homebuilder D.R. Horton is reporting losses for the fourth quarter of 2008, and for the year ending Sept. 30, 2008, as the company grapples with a marketplace where foreclosures and lagging consumer confidence are slowing new home sales. (DHI)

The Federal Reserve Board announced plans Tuesday to create a $200 billion lending facility aimed at unfreezing secondary markets for Small Business Administration loans and consumer loans.

The Sacramento County Environmental Management Department has fined a Sacramento composting facility owner $40,000 for alleged permit violations.

A total of 5,330 out of the 8,637 people who took the California State Bar exam in July passed the test, state bar officials announced Monday.