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Bank unrest clouds Colorado’s budget-setting forecast

Published Wed, 26 Feb 2025 02:03:33 GMT

Uncertainty in the international financial sector hung a question mark over Colorado’s financial outlook Thursday.The legislature’s Joint Budget Committee, which sets the state’s budget, heard economic forecasts from both legislative economists and the Governor’s Office of State Planning and Budgeting on Thursday. The quarterly forecast is the last before the legislature sets the budget for the upcoming fiscal year.Presenters highlighted overall uncertainty due to continuing inflation and attempts to rein it in via higher interest rates and the ongoing war in Ukraine. The collapse late last week of Silicon Valley Bank and subsequent tremors across the financial industry underscored it.The brouhaha in the financial sector helped spur Goldman Sachs to up its prediction of a recession within the next 12 months to 35%. On Thursday, just hours before the state economic forecast presentation, the Washington Post reported that Wall Street and federal regulators were...

Press conference held to discuss latest updates in O.C. state of emergency 

Published Wed, 26 Feb 2025 02:03:33 GMT

A press conference took place outside of the four residential buildings in San Clemente that were red-tagged on Thursday, where the current state of emergency in Orange County and the next steps in handling the landslide damage and mitigation of potential secondary slides were discussed. “This is going to be a longer-term process,” said San Clemente Mayor Chris Duncan. “What we are concerned about, from the city’s perspective, is that everyone is taken care of...we’ve interacted with our residents and made sure that they know that they can count on us to take care of them through this difficult time.” Congressman Mike Levin announced that the federal government got back to him on his request to have Orange County added to the list of California counties included in the federal emergency declaration following the catastrophic winter weather that has hit the area over the past month. “I’m proud to report that the White House approved our request, and Orange County ...

Police bloodhound locates missing woman in Riverside

Published Wed, 26 Feb 2025 02:03:33 GMT

A Riverside Police Department K-9 helped locate a missing adult woman Thursday, authorities announced.  Patrol officers responded to an early morning call about the woman experiencing a mental health crisis at her home. The woman had removed all her clothes and ran out of the house, with her family eventually losing sight of her in the cold, wet weather.  “Officers conducted an extensive search but could not find the distraught woman, so Officer Miller and his tracking bloodhound, Ruger, were called out to help,” Riverside PD said.  Shortly after arriving, Ruger captured the scent of the missing woman and was able to find her hiding several blocks away from her home, in a field near Arlington Avenue and Monroe Street. Riverside Police Department K-9 Ruger, a bloodhound, seen here (Riverside PD).Riverside Police Department K-9 Ruger, a bloodhound, seen here (Riverside PD).“As a precaution, the woman was taken to a local hospital to be given a mental health evaluat...

$1.3 million in illegal weed products found in Pomona building

Published Wed, 26 Feb 2025 02:03:33 GMT

Police are investigating after $1.3 million of marijuana products were found in a Pomona commercial building.On March 9, Pomona police officers responded to a vacant commercial property at 761 Corporate Center Drive involving an embezzlement investigation.When they arrived, they discovered an illegal casino with several electronic casino game consoles inside.While searching the building, police discovered an illegal marijuana dispensary as well.Over 1,500 pounds of marijuana product was found including a variety of weed products such as loose-leaf marijuana, edibles, and hashish oil, authorities said.Police are investigating after $1.3 million in marijuana products were found in a Pomona building on March 9, 2023. (Pomona Police)Police are investigating after $1.3 million in marijuana products were found in a Pomona building on March 9, 2023. (Pomona Police)Police are investigating after $1.3 million in marijuana products were found in a Pomona building on March 9, 2023. (Pomona Pol...

Krispy Kreme giving out free doughnuts for St. Patrick’s Day

Published Wed, 26 Feb 2025 02:03:33 GMT

Krispy Kreme customers can enjoy a free sweet treat for St. Patrick’s Day after the company announced that it would give out free glazed doughnuts to select guests.Guests who visit a Krispy Kreme location, either by dining in or through the drive-thru, on March 16 or 17 and are wearing green can receive a free glazed doughnut, a news release said.The company also announced that it’s selling green glazed doughnuts by the dozen to celebrate St. Patrick’s Day.Customers can also enjoy the company’s new St. Patrick’s Day doughnut collection for a limited time at participating restaurants.Guests can use the Krispy Kreme store locator to see which location near them has the new doughnut lineup.A photo of the new "Good as Gold" doughnut collection from Krispy Kreme (Krispy Kreme)Krispy_Kreme will be selling green glazed doughnuts by the dozen for a limited time. (Krispy Kreme) The “Good as Gold” doughnut collection includes:Golden Cookies & Kreme Doughnut: A golden cookie Kreme-filled d...

Retired CHP officer, accused of ‘grooming’ minors, is jailed for allegedly violating release terms in child porn case

Published Wed, 26 Feb 2025 02:03:33 GMT

SACRAMENTO — A federal judge here has jailed a retired California Highway Patrol officer after FBI agents secretly trailed him to two stores and collected evidence he violated the pretrial release terms in his child pornography case by possessing a cellphone, court records show.Timothy Allen Horwath, 52, is in the Sacramento County Jail on a no-bail hold after U.S. Magistrate Judge Deborah Barnes issued a detention order Feb. 28, records show. Horwath was charged in 2019 with possessing more than 350 videos of child pornography, as well as a whopping 40,000 pictures.During the investigation, authorities found evidence Horwath, a Redding resident, was using a high school-age picture of a boy who was friends with one of his children to pretend to be a minor online. Authorities wrote in court papers Horwath “used mobile phone messaging apps to engage in apparent active grooming of potentially minor females in the Philippines and Brazil to persuade them to produce nude image...

Drake adds second Bay Area date on It’s All a Blur concert tour

Published Wed, 26 Feb 2025 02:03:33 GMT

Drake fans will now have twice as many opportunities to see the hip-hop star perform in the Bay Area.That’s because Drake has added an Aug. 19 date at Chase Center in San Francisco. He was already set to perform at the house of the Golden State Warriors on Aug. 18.The two dates are part of Drake’s It’s All a Blur tour with 21 Savage.Tickets to both shows go on sale to the general public at 10 a.m. March 17, drakerelated.com.This is Drake’s first tour since Aubrey & the Three Migos Tour in 2018. He’s been mighty productive in the interim — releasing four albums over the last five years.Related ArticlesMusic | Review: Here’s how SZA delivered the show to beat in 2023 Music | Aftershock festival sets massive 2023 lineup with Guns N’ Roses, Tool, Korn Music | Saratoga is blooming with spring events Music | Mexican pop stars join forces in support of Pajaro Valley relief efforts ...

Prize free agent Javon Hargrave shocked to be joining the 49ers

Published Wed, 26 Feb 2025 02:03:33 GMT

When the free agency negotiating period began, Javon Hargrave was curious as to where he would wind up.With 11 sacks and in the prime of his career after a big year with the Philadelphia Eagles,  Hargrave was secure in the knowledge that he was about to sign a life-changing contract. What he didn’t expect was to be signing with the 49ers.“I couldn’t believe it myself. I really couldn’t,” Hargrave said Thursday in a video conference. “Sometimes when you’re trying to get the money, you have to go to a team that’s in a rebuild mode. When you get a chance to go a team that was just in the NFC championship it was an easy for choice for me.“It made me really happy because I was nervous about free agency, where I was going to have to go. I felt this was the perfect situation for me.”The 49ers officially announced the signings of Hargrave, quarterback Sam Darnold, defensive end Clelin Ferrell and defensive back Isaiah Oliver, with ...

Diocese of Oakland considers bankruptcy filing amid anticipated crush of sex assault lawsuits

Published Wed, 26 Feb 2025 02:03:33 GMT

Leaders of the Diocese of Oakland are giving “strong consideration” to filing for Chapter 11 bankruptcy amid an expected crush of lawsuits against the church alleging sexual abuse by its priests.In an announcement Thursday, Bishop Michael C. Barber said church leaders were mulling the bankruptcy filing after having recently been informed that the diocese could face about 330 sexual abuse-related lawsuits. The landslide of litigation comes after a recent California law gave victims of sexual abuse a three-year window to file new claims that — until recently — had expired or been barred.The number of potential lawsuits against the diocese — and the breadth of church’s potential legal exposure — only recently came into focus with the end of the special filing period on Dec. 31, Barber said.“After much prayer and thoughtful advice, I believe bankruptcy can provide a way to support all survivors in their journey toward healing in an equitab...

In Pajaro Gov. Gavin Newsom said $42 million was available for flood relief. The real amount is just over $300,000

Published Wed, 26 Feb 2025 02:03:33 GMT

PAJARO — In his pledge to aid the hundreds of families who have been evacuated from the farm town of Pajaro in Monterey County after recent floods, Gov. Gavin Newsom said Wednesday that $42 million would be made available to help those impacted by flooding through the United Way — but the aid organization said the correct amount currently available is just over $300,000.United Way of Monterey County Director Katy Castagna said Gov. Newsom may have “conflated” the $42 million in the statewide United Ways of California COVID relief fund with the smaller, local allocation of $300,000 given to Monterey County out of that fund, inadvertently adding to the miscommunication and confusion many Pajaro residents are growing frustrated with.Governor’s office spokesman Alex Stack said in a statement that “while in Pajaro, the Governor highlighted economic relief for farm and food workers that is being distributed in real-time to storm-impacted communities, ra...