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California Inc.: A big ship celebrates a big milestone

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.

Good news for California: The Golden State added 59,600 jobs in April. Unemployment, which has been steadily declining, dipped to 5.3%, closer to the national rate of 5%. In fact, April marked California's lowest unemployment rate since June...