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The outrageously high salaries and pension benefits paid to the top officials in the city of Bell are being investigated by California Attorney General Jerry Brown and the California Public Employees’ Retirement System.

Grocery business Safeway Inc. reported slightly higher sales but a lower profit in the second quarter ended June 19. (SWY)

The unsold inventory index for homes in California rose in June to 4.8 months from 4.2 months in June 2009, according to a report Thursday from the California Association of Realtors.

Hotels in the Sacramento region reported the occupancy rate increaseed almost 6 percent in May, as the summer season started.

Folsom Lake Bank earned $61,038 in the first half, up from a loss of $543,084 for the first six months of 2009.

Banking giants and a global search engine’s disappointing second-quarter earnings sent stocks tumbling Friday, ending a seven-day rally. (MNI) (GCI) (GY) (BAC) (C)

Sacramento-area’s unemployment rate increased to 12.4 percent in June, up from a revised 11.9 percent in May on a steep decline in government jobs likely due to the end of many Census positons, the state Employment Development Department reported Friday.

Sacramento’s economic outlook for the next year is weaker than the rest of Northern California, and the capital region will add jobs more slowly than the rest of the north state, according to an economic forecast released Thursday.

Thunder Valley Casino Resort is hosting an open casting call for the CBS reality show "Survivor" from 7 a.m. to noon on July 15.

After hearing an outcry from businesses, Sacramento city officials lowered slightly the tax increase they want to impose on the city’s highest-revenue businesses.

Placer County officials said Wednesday that the county can no longer accept or process applications for energy retrofitting in the wake of a statement released by federal housing authorities that they will take action against property owners in areas with such programs — whether or not homeowners actually participate.

The Raley’s Inc. supermarket chain moved up on this year’s STORES Top 100 Retailers list in the July issue of the National Retail Federation’s STORES Magazine. (WMT) (KR) (TGT)

The California Transportation Commission Thursday allocated $897 million to 170 transportation projects statewide, including about a little more than $9 million to projects in the Sacramento region.

The U.S. Senate failed to approve a bill that would reinstate jobless benefits, leaving 1.3 million people without unemployment checks nationwide, including more than 300,000 in California — and an estimated 16,700 in the Sacramento region.

Foreclosure sales in Sacramento County fell 50 percent in the first three months of the year, compared with the same quarter in 2009, online foreclosure tracker ReatlyTrac reported Thursday.

The McClatchy Co. has signed a national agreement with Chicago-based Groupon, a shopping website, to distribute exclusive content to the newspaper publisher’s websites in 28 markets. (MNI)

A man dubbed the “Goat-Man Bandit’ by the Sacramento Violent Crimes Task Force and accused of robbing nine area banks is scheduled to make his initial appearance today in U.S. District Court.

California’s merchandise export trade picture continues to improve, but the sovereign debt crisis that has engulfed the European Union could dampen worldwide demand for California exports throughout the rest of this year, according to an analysis released Thursday.

SynapSense Corp. in Folsom stands to gain from the announcement on Wednesday by the U.S. Environmental Protection Agency that it will offer Energy Star labels to data centers.

Foreclosure filings in the Sacramento region, including notice of default, trustee sales notices and repossessions by banks, were down 12.53 percent in May compared with the same period one year ago, real estate information firm RealtyTrac reported Thursday.