projects

New California legislation would make it easier to build projects that meet climate goals. But environmentalists don’t like it

A Bay Area lawmaker wants to knock down what he believes is a key barrier to California meeting its ambitious climate change goals: one of the state’s most prominent environmental laws.

Assemblyman Tim Grayson (D-Concord) has introduced legislation that aims to make it harder for lawsuits filed under the California Environmental Quality Act, or CEQA, to stop construction of roads and public transit.

CEQA requires developers and public agencies to disclose a project’s environmental effects and take steps to reduce or eliminate them. But Grayson says the law can grind to a halt transportation projects that are needed to reduce the amount of cars on the road.

His legislation, Assembly Bill 1905, would make it easier for road or transit projects included in a state-approved regional growth plan to begin construction before any CEQA litigation is resolved.

Since state climate regulators will have already signed off on those road and transit projects when approving a region’s growth plan, the projects shouldn’t face multiple threats of environmental litigation, Grayson argues.

“What I’m looking at is how do we cut down on traffic congestion where we’re just spilling greenhouse gases, creating clouds of greenhouse gases and impacting the environment negatively,” Grayson said.

But Grayson’s approach is already attracting concerns from high-profile environmental organizations. Environmental groups often credit CEQA, which took effect in 1970, with preserving California’s natural beauty, and argue it is complementary — not contrary — to the more recent climate change laws.

A court should rule in a CEQA lawsuit before construction starts, said Kyle Jones, a policy advocate for Sierra Club California.

“It just seems prudent that you’ve gotten all your legal barriers out of the way,” Jones said.

California has many laws that force private developers and public agencies to examine the environmental impacts of their housing, commercial, industrial and transportation plans and projects.

In 2008, the state Legislature began requiring regional governments, including the Southern California Assn. of Governments, to draw up plans to accommodate population growth and reduce greenhouse gases with proposals for new housing and transportation primarily in already developed areas. The goal is to reduce sprawl and emissions from long commutes. Regional governments are now revising their plans to comply with the state’s new aggressive targets to cut carbon emissions by 40% of 1990 levels by 2030.

But actual growth doesn’t have to follow the plans, and individual projects can stall for many reasons, including environmental litigation. Under Grayson’s bill, however, any road, transit or other transportation project included in an approved regional climate plan would receive relief in potential CEQA lawsuits.

Currently, a court can stop construction on a project if the judge finds its required CEQA analysis failed to account for all effects on the environment. Under Grayson’s bill, a court could do so only if the project was found to have serious life or safety risks.

State lawmakers have approved this legal standard before to speed the development of a new Sacramento Kings basketball arena. Those rules weren’t tested in a lawsuit against the arena. But state and local officials have said the legal standard allowed construction to go forward without fear of litigation tying up the project and potentially costing the city the team.

In Los Angeles, Grayson’s bill could affect large road and transit projects including a Metro Gold Line extension into eastern Los Angeles County and tunnels through the Sepulveda Pass.

But Sierra Club California and the Natural Resources Defense Council are among the environmental organizations that believe the bill goes too far. State climate regulators don’t heavily scrutinize individual projects when approving regional growth plans, representatives of both groups said.

For instance, a judge might find that a transportation project’s environmental review didn’t account for all the effects the development could have on air quality, but under AB 1905 that judge couldn’t stop the project because of it, said David Pettit, a senior attorney with the Natural Resources Defense Council. Without the threat of halting construction, agencies won’t need to take seriously any subsequent demands to improve the air surrounding the project, he said.

AB 1905 “may look good on its face, but it’s fantastically unrealistic when you look at the effects of when concrete is already in the ground,” Pettit said.

Grayson said the inspiration for his bill came from the California Transportation Commission, a state agency that advises Gov. Jerry Brown and the Legislature on transportation policy and spending. In its most recent annual report, the commission recommended an idea similar to Grayson’s bill as a way to speed up project construction.

The recently passed gas tax and other fee increases are expected to bring in more than $5 billion annually for road repairs and mass transit upgrades. Grayson said it’s important to spend that money quickly, and making it easier to defend against CEQA lawsuits is one way to do it.

“If we’re ever going to make a huge impact it is going to be now with the amount of revenue at our disposal,” he said.

liam.dillon@latimes.com

@dillonliam

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Lawmakers have put a lot of energy into getting new stadiums built — without much success

California lawmakers pitch a break from a key environmental law to help L.A. Olympic bid, Clippers arena

Updates on California politics



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S. Korea gov’t to enact special law this year to designate special zone for AI investment projects

South Korean President Lee Jae Myung speaks during a government meeting to assess progress on three megaprojects at Cheong Wa Dae in Seoul on Monday. Pool photo by Yonhap

The government plans to enact a special law this year to designate special zones for investment projects related to artificial intelligence (AI), the presidential chief of staff said Monday, as Seoul seeks to accelerate their implementation.

Presidential chief of staff Kang Hoon-sik unveiled the plan at a press briefing following a meeting presided over by President Lee Jae Myung to assess progress on the projects.

The Lee administration announced the “three megaprojects” in late June that outlined plans for large-scale investments in a semiconductor production cluster, physical AI and AI data centers in regional areas.

Under the chip cluster project alone, the two leading chipmakers — Samsung Electronics Co. and SK hynix Inc. — have pledged to invest a combined 800 trillion won (US$564.9 billion), marking the single-largest investment plan to date in the southwestern city of Gwangju and the surrounding Honam area. The initiative also includes large-scale investments in Chungcheong Province and the southeastern Yeongnam region.

Through the envisioned special law on megaproject zones, the government will help streamline licensing and approval procedures, as well as environmental impact assessments, the chief of staff said.

The special law will also allow the government to swiftly establish infrastructure for electricity and water supplies, as well as living conditions for workers, including transportation, housing and education, Kang said.

At the start of the meeting, Lee urged the government to make every effort, including through deregulation, to implement the investment initiative as soon as possible.

Lee said all necessary administrative steps should be pursued simultaneously to shorten the time needed to implement the initiative while stressing that regulations should also be improved to ensure the implementation can be carried out as quickly as possible.

“We are in a situation where we must go beyond being speedy and move with the speed of lightning,” the president said.

He also instructed officials to transfer the functions of a military airport in Gwangju to other temporary facilities by 2028 to facilitate the speedy transformation of the regional airport into a semiconductor production hub.

The government earlier designated the military airport as the site for the envisioned chip cluster.

The ultimate goal of the investment initiative should be to distribute the pillars of growth across the country and make regional areas new centers of future industries, the president insisted.

“I hope that benefits from achievements garnered through the capabilities of the entire community will not be limited to certain companies or regions,” Lee said.

He said the following year should be a “golden time” that will open up a totally new world for South Korea depending on “how we prepare,” urging officials to make every effort.

Kang said that the government plans to complete the transfer of the Gwangju military airport’s functions to temporary facilities by 2028.

The government will also kick off the implementation of the investment projects in the Chungcheong and Yeongnam regions this year, worth 246 trillion won and 107 trillion won, respectively, he said.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

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Abdul El-Sayed wins Michigan Democratic primary for Senate, NBC projects | US Midterm Elections 2026 News

BREAKING,

Progressive advocate overcomes more than $60m in spending to defeat pro-Israel Congresswoman Haley Stevens.

Abdul El-Sayed, a progressive public health advocate, has won the Democratic nomination for the United States Senate, overcoming more than $60m in campaign spending, mostly from pro-Israel groups, NBC has projected.

The result on Tuesday represents an enormous blow to the American Israel Public Affairs Committee (AIPAC), which led the way in the effort to defeat the pro-Palestinian El-Sayed, backing his opponent, US Congresswoman Haley Stevens, with more than $30m.

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El-Sayed will face former Republican Congressman Mike Rogers in November. The race is considered one of a handful of competitive Senate contests in the November midterms and could determine which party controls the chamber for the rest of President Donald Trump’s term.

If El-Sayed – who is of Egyptian descent – wins in November, he would become the first Muslim senator in US history.

Tuesday’s result in Michigan – a swing state that voted for Trump in 2024 – will have major implications for the Democrats’ policies on conflicts in the Middle East.

El-Sayed recognises Israel’s atrocities in Gaza as a genocide and argues that money spent on conflicts that benefit Israel should be invested in local communities in the US to address healthcare, housing and infrastructure problems.

More to come…

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Graphic Packaging projects $600M-$700M 2026 adjusted cash flow while targeting net leverage of ~4.6x (NYSE:GPK)

Earnings Call Insights: Graphic Packaging Holding Company (GPK) Q2 2026

Management View

  • “For the quarter, net sales were $2.2 billion. Adjusted EBITDA was $247 million, adjusted EPS was $0.14 and adjusted cash flow was $138 million” (President, CEO & Director Robbert Rietbroek).

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CenterPoint outlines $1.2B capital plan increase with 14 GW of expected ERCOT Batch Zero eligible projects (NYSE:CNP)

Earnings Call Insights: CenterPoint Energy (CNP) Q2 2026

Management View

  • Jason Wells (President, CEO & Chairman) said the company “reported non-GAAP EPS of $0.40 for the second quarter of 2026” and is “reiterating our full year 2026 non-GAAP EPS guidance range of $1.89 to $1.91,” while keeping long-term growth expectations at “the mid- to

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Navitas projects $13.5M Q3 revenue while targeting AI infrastructure at more than 1/3 of sales by year-end (NASDAQ:NVTS)

Earnings Call Insights: Navitas Semiconductor (NVTS) Q2 2026

Management View

  • CEO Chris Allexandre framed Q2 as progress in “our strategic transformation to Navitas 2.0,” saying the company “delivered increasing revenue of 22% sequentially, coupled with a stronger third quarter guidance,” and that “high power markets grew more

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Sb financial projects 3.45% to 3.55% net interest margin range as it targets $50M to $70M loan growth in 2H 2026 (NASDAQ:SBFG)

Earnings Call Insights: SB Financial Group (SBFG) Q2 2026

Management View

  • “The second quarter of 2026 represented a period of strong execution across our franchise, reflecting the consistency and resilience of our diversified revenue operating model,” said Mark Klein (Chairman, President & CEO), highlighting “high-quality organic loan growth, stable

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East West projects 2026 loan growth of 6% to 8% as it raises NII growth outlook to 7% to 9% (NASDAQ:EWBC)

Earnings Call Insights: East West Bancorp (EWBC) Q2 2026

Management View

  • “I’m pleased to report that East West earned record total revenue, net interest income and non-interest income in the second quarter. These results were driven by new record levels of loans

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Phoenix Education projects fiscal 2026 net revenue of $1.02B-$1.025B while outlining OpenAI collaboration (NYSE:PXED)

Earnings Call Insights: Phoenix Education Partners (PXED) Q3 fiscal 2026

Management View

  • “The third quarter reflected continued progress across our strategic priorities. Revenue and enrollment were generally consistent with prior year, supported by continued strength in retention and healthy growth in employer-supported

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Finn Wolfhard talks ‘Fire From the Hip,’ taking control and future projects

Thinking back on the last two years of his life full of album releases, filming schedules and tour dates, Finn Wolfhard requires squint-inducing concentration to keep it all straight.

“Jesus, a lot has happened,” he says, looking surprised. That’s an understatement.

In that time, the 23-year-old not only finished filming the Netflix hit show “Stranger Things,” which catapulted him to global stardom, and promoted the final season upon its premiere. He also released his feature film directorial debut (“Hell of a Summer,” co-directed with Billy Bryk, which hit theaters in April 2025). Then, he starred in another movie (A24’s creature feature “The Legend of Ochi”), directed a posthumous George Harrison stop-motion music video, wrote, recorded and put out his first solo album (“Happy Birthday”), and embarked on a 22-date tour before recording a new album.

On a video call from his family home in Vancouver, Canada, where he lives with his parents and older brother, he’s chatting about the release of that record, the eclectic, guitar-driven “Fire From the Hip,” which dropped Friday.

“I think it’s a nice day?” he offers when I ask what’s happening in Vancouver. “I don’t know. I’ve been in my basement studio all day, so I don’t … I think it’s nice.”

He’s been down in the basement doing press calls like this, he explains, undoubtedly a familiar routine after so many years in the limelight. He wears a baseball cap and an oversize brown sweater, tugging on the sleeves while he ponders.

Even if Wolfhard is exhausted by the press marathon, he doesn’t show it. He’s excited for the chance to be known on his own terms. He never fails to express gratitude for the projects that afforded him recognition and opportunity, but he’s ready to “take control of the narrative.”

“I spent my whole childhood standing on marks that other people told me to stand on and saying lines that other people told me to say,” he says. “Why wouldn’t I want to make my own stuff?”

Being in control also means being the face of the operation. Before “Happy Birthday” and “Fire From the Hip,” Wolfhard released a total of two records and an EP, plus a whole bunch of singles, with his previous bands, Calpurnia and the Aubreys. Being in a band was a natural fit for Wolfhard, who thrives in an ensemble where he can “hide behind the band name.”

Touring last year was his first time seeing his own name on the marquee.

“It’s just straight up me, and if I suck, I suck,” he laughs. “It’s not like I can be like, ‘Oh, man, we’re having disagreements in the band.’ It’s like, no, that’s you. So there was a little more pressure early on.”

Finn Wolfhard posing with head in hands

Finn Wolfhard released “Fire From the Hip” on Friday.

(Victoria Stevens)

Stepping into the spotlight required Wolfhard, who admits he shies away from conflict, to own both the pressure and the power of being the one audiences came to hear.

When he got sick and had to cancel a show in Portland, Ore., he remembers feeling crushingly sad “letting down” his fans and bandmates — who, of course, assured him it was outside of his control and urged him not to be so hard on himself.

Wolfhard introduced many of the songs that ended up becoming “Fire From the Hip” to his bandmates while they were still on tour, and he says playing them live “cultivated the spirit” of the eventual recordings. Despite his collaborative ethos, there was a moment during the process where he had to learn how to put his foot down in real time.

“I remember suggesting something and people being like, ‘Ah, I don’t know if I want to do that.’ And I was like, ‘No, you don’t get to do that to me. It’s my record,’” he remembers. “It was very innocent — I don’t think there was much ego on either side. But I think I maybe set up too collaborative of an experience that day.”

“I think I sometimes make it feel like a democracy, which it is in a lot of ways,” he adds. “But also, in the end, it is up to me.”

That thought is echoed in the album’s cover art, an image of two miniature Finn Wolfhards facing off, donning colonial garb and brandishing weapons. It’s meant to represent dueling impulses inside of him, he explains.

Wolfhard, a true-blue music nerd, has been described online as an archetypical example of the “child of a Gen X cool dad,” in the same vein as Olivia Rodrigo. (His dad, a former screenwriter turned lawyer and Indigenous rights researcher, does sound cool, but it was his mom who first introduced him to the Beatles. His parents apparently met over a Stone Roses record.)

That sensibility is evident in his musical influences — “I wanted everything [on drums] to sound like the first two Wilco records,” he says — and in his approach to recording. “Happy Birthday” was recorded almost entirely on four-track cassette tapes, while “Fire From the Hip” uses 24-track reel-to-reel.

The album runs the gamut from its cheeky, surf-rock opener “I’ll Let You Finish” (yes, that is a reference to Kanye West’s infamous speech at the 2009 VMAs) to more ’90s alt-inspired tunes to a surprising dose of straightforward country-folk.

Lyrically, Wolfhard divides his songs into two categories: the “very personal” and the story songs written around books he was reading (“Knockemstiff” by Donald Ray Pollock) or quotes that made him laugh. The personal themes he explores are exactly what you would expect from an early-20s rocker raised in the public eye — namely, relationship expectations and existential fears about the future.

On the nostalgic piano ballad “Good Morning,” he imagines what it might be like to settle down somewhere “with a dog and a wife.”

“I haven’t lived that part of my life yet,” he says now. “So I can really easily get lost in thinking about what that looks like.”

When it comes to sharing his music, especially the more vulnerable tracks, Wolfhard knows his “Stranger Things” fame is the elephant in the room. Anything he sings can and might be used against him in the court of public opinion.

“I could either kind of say nothing and be totally private, because it is scary knowing that everything I say, at least one person will take it a certain way that I wouldn’t want them to. But I just don’t have the control,” he says.

“So if I don’t have the control, then there’s nothing really that I can do, other than try to be as truthful and passionate and well-meaning as I possibly can, you know?”

The double-edged sword of fandom hasn’t stopped Wolfhard or his musically-inclined “Stranger Things” co-stars from pursuing this path. Fellow Hawkins alums Joe Keery (who releases music under the moniker Djo) and Maya Hawke are indie darlings in their own right, and Wolfhard has previously referred to Keery as a mentor. None of them face the unique challenge of relatability in quite the same way, however.

“I’m aware that my specific problems are maybe not as relatable because of how specific of a life I have,” he said. “The only thing I can hope for is that some other person out there listens to it and relates to the same things that I do.”

Sometimes an air of wistfulness accompanies these admissions. When asked about how he feels about Los Angeles, he tells me that it’s complicated: “I think if I wasn’t a young actor, it would be a very different situation.” His favorite parts of the city are its repertory cinemas and lush neighborhoods like Mount Washington, where his godfather resides, because they look the most like Vancouver.

That said, he’s not through with Hollywood. He’ll be back in L.A. for an Oct. 13 show at the Fonda Theatre, and acting and directing are still on the agenda. He would like his next film project — other than the Matt Johnson and Bong Joon Ho projects he’s already committed to, of course — to be something more “personal.”

For now, though, the focus is music. Wolfhard launches a new tour this month, and he’s most looking forward to “doing dumb s—” with his friends.

He tells a quick story to illustrate: When he and the band last toured in Glasgow, Scotland, he was trying to leave the venue without being noticed. (“I have a hard time dealing with fan interaction,” he says.)

“We kind of made it into this joke thing, knowing it wouldn’t work, where me and Rand, my guitarist, were like, ‘let’s switch clothes.’ Rand pretended to be me and I pretended to be Rand,” he says. Miraculously, it worked up until the “very last second” before they stepped on the bus.

“I couldn’t help myself,” he says: He instinctively made eye contact with someone in the crowd. “They did a double take, like, ‘Wait, what?’”

It sounds like a scene straight out of “A Hard Day’s Night” — or maybe inspiration for his next film.

“I’m pretty in my head about things and want them to be a certain way,” he says. “The thing that I have to remind myself all the time is that, like, dude, you’re with your friends, you’re playing music — it’s the best.”

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MillerKnoll projects $3.93B-$4.13B in fiscal 2027 net sales as it plans 9-11 Herman Miller store openings (NASDAQ:MLKN)

Earnings Call Insights: MillerKnoll, Inc. (MLKN) Q4 fiscal 2026

Management View

  • “I am honored to step into this role” and “our financial performance is not where we want it to be,” said Chief Operating Officer and incoming Interim CEO Jeff Stutz, adding that fiscal

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Xolo Maridueña on East L.A. roots, Latino representation and future projects

In this week’s episode of “The De Los Podcast,” hosts Fidel Martinez and Suzy Exposito sat down with actor Xolo Maridueña to chat about his East L.A. upbringing, the importance of Latino representation in his career and a litany of projects he has in the works.

Born and raised in El Sereno, Maridueña was exposed to the arts at a very young age through local community arts hubs Casa 0101 and the Boyle Heights Art Conservatory, where his mother, Carmelita Ramírez-Sánchez, now serves as executive director.

The 25-year-old actor credited his mom, who also previously worked as a radio DJ for decades in L.A., for encouraging him to explore a creative career.

“She was in the music world at a time when that wasn’t really a thing as a Latina woman,” Maridueña said. “She met so many roadblocks and overcame those that when it came time to for her to eventually raise her own family, she understood the want to try something that was outside of what the education system would deem successful. As a Latina, she also instilled these values of remaining curious, questioning certain traditions and the ways our experiences are affected by some systems that are larger than ourselves.”

He also touched on what it was like being the first Latino lead in a live-action superhero film in “Blue Beetle” — and the importance of continued Latino representation in Hollywood.

Xolo Maridueña is featured on "The De Los Podcast."

Xolo Maridueña is featured on “The De Los Podcast.”

(L.A. Times Studios)

“It was such a wild ride doing something like ‘Blue Beetle,’ that was the first in a lot of categories… But once the movie came out, it was so heartwarming to see that there were already like 10 other Latino superheroes that were making their debuts on the screen,” Maridueña said. “[Filming the movie] was the first time I had witnessed some much of the crew being Latino, or just being diverse — there were a lot of women and queer folks on that set.”

Having worked on hit series like “Parenthood” and the Netflix phenomenon “Cobra Kai” in addition to his theatrical roles, Maridueña wants to help provide an avenue for fellow Latino artists to succeed.

“I just hope [that] with this body of work, I can help open the door and prop it open for everyone else,” he said.

The conversation with Maridueña wrapped with him discussing the litany of projects he has coming out in the near future, including a leading role in the film “Dog Years” alongside Xochitl Gomez, a part in the Al Pacino-led movie “Killing Castro” and a spot in the upcoming season of Netflix’s live-action adaptation of “One Piece.”

He will also feature alongside Sandra Bullock and Nicole Kidman in the upcoming sequel to the witchy 1998 film “Practical Magic,” which is set for release Sept. 11.

“It’s been a blessing to expand not only the types of people I’ve gotten to work with, but [also] the genres and types of characters I’ve gotten to bring on to the screen,” said Maridueña. “Projects like ‘One Piece’ are so wonderful for the reach and then movies like ‘Dog Years’ and ‘Killing Castro’ are just as fulfilling in the sense that because they get to be smaller productions, the cast and crew have a bit more ownership of what they’re doing.”

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Adobe projects FY 2026 revenue of $26.5B-$26.6B while shifting more aggressively to freemium acquisition (NASDAQ:ADBE)

Earnings Call Insights: Adobe (ADBE) Q2 FY 2026

Management view

  • “We achieved $6.62 billion in revenue in Q2” and “non-GAAP earnings per share was $5.96,” Chairman & CEO Shantanu Narayen said, adding that “strong revenue growth was driven by subscription bookings to revenue conversion” and EPS benefited from “disciplined investments across

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Graham projects fiscal 2027 revenue of $285M-$295M, with adjusted EBITDA of $35M-$40M (NYSE:GHM)

Earnings Call Insights: Graham Corporation (GHM) Q4 fiscal 2026

Management View

  • “Fiscal 2026 was another year of strong execution” and delivered “record annual revenue of $245 million, record orders of $359 million, and record backlog of $533 million and a book-to-bill of 1.5x” (President, CEO & Director Matthew Malone).

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Argan anticipates adding new projects over the next 10 to 18 months while buyback authorization rises to $200M (NYSE:AGX)

Earnings Call Insights: Argan, Inc. (AGX) Q1 fiscal 2027

Management View

  • “Our strong first quarter fiscal 2027 results reflect exceptional execution across our business with all 3 of our operating segments achieving significant revenue growth and maintained healthy backlog.” (CEO, President & Director David

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Palo Alto Networks projects $3.345B-$3.355B Q4 revenue while targeting 40% free cash flow margin in fiscal 2028 (NASDAQ:PANW)

Earnings Call Insights: Palo Alto Networks (PANW) Q3 2026

Management View

  • “Our Q3 performance was exceptional, as we delivered a record quarter… fueled by an acceleration in organic bookings momentum, the sustained tailwinds from our platformization strategy and surging cybersecurity needs as AI

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NVIDIA projects $91B Q2 revenue while outlining $80B buyback and a $0.25 quarterly dividend (NASDAQ:NVDA)

Earnings Call Insights: NVIDIA (NVDA) Q1 fiscal 2027

Management view

  • “This was an extraordinary quarter, demand has gone parabolic. The reason is simple, agentic AI has arrived. AI can now do productive and valuable work. Tokens are now profitable, so model makers are in a race

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