California Inc.: A tough job market for recent college grads

The place to be: The annual Allen & Co. investment conference begins Tuesday in Sun Valley, Idaho. Likely attendees include Facebook’s Mark Zuckerberg, Apple’s Tim Cook, Amazon’s Jeff Bezos, Disney’s Bob Iger, the Murdoch clan of Fox, Comcast’s Brian Roberts, CBS’ Leslie Moonves and Viacom and CBS controlling shareholder Shari Redstone.