Sunday | February 7, 2016

Saturday News Briefs

STOCKTON, 2/5/16 9:01pm

• Bank fraud guilty plea

• Bank merger delay ª The first decline since ‘09

• And more…..

HSBC settles mortgage abuse charges

SACRAMENTO, 2/5/16 10:15am

• Will pay $470 Million, mostly non-cash

• Must provide some California borrowers with loan modifications

National Parks maintenance backlog tops $1.7 Billion in California

WASHINGTON, D.C., 2/5/16 8:48am

• National total reaches $11.9 billion

• “The annual bill … still almost twice as much as is appropriated”

SMUD cancels Iowa Hill project

SACRAMENTO , 2/5/16 7:49am

• Says pumped-storage project exceeded cost estimates

• Construction cost was estimated of $1.45 billion

Nation adds 151,000 jobs in January

WASHINGTON, D.C., 2/5/16 5:40am

• But unemployment rate remains about the same

• Manufacturing added 29,000 jobs in January


Price near Porterville on Saturday
(Photo by Brent Gill

Gas prices now lowest since last February

LOS ANGELES, 2/5/16 4:53am

• Dropping by penny a gallon or more this week -- but

• “The daily price reductions at the pump are slowing down”

Covered California says it signed up more than 425,000 new consumers

SACRAMENTO , 2/4/16 10:29pm

• Cites an increase in young enrollees

• “we appear to be continuing to attract a younger and healthy mix of consumers”



UC Merced, Fresno State partner to help small businesses

FRESNO, 2/4/16 10:22pm

• Target areas include clean energy, economic development and more

• “We have partnered on numerous successful projects and events in the past six years”


Michael McCleery

People in the News

STOCKTON, 2/4/16 9:01pm

• Sacramento firm names new partner

• Honors for a developer

• And many more….

How bad is Stockton’s water? Or is it bad at all?

STOCKTON, 2/4/16 2:45pm , by Gene Beley, CVBT Correspondent

• Depends on who is talking

• “Chloramine is a stronger and longer lasting oxidant”

• WITH VIDEO

Most Americans say government doesn’t do enough to help middle class

WASHINGTON, D.C., 2/4/16 10:35am

• GOP seen as favoring the rich over middle class and poor

• Mixed views on which class the Democratic Party favors

Valley’s economy on the increase

FRESNO, 2/4/16 9:43am

• January sees 26th month of above-neutral business performance

• “Economic growth will remain … well above that of the nation’s economy”

Marinello Schools of Beauty to end classes and cease operations

BEVERLY HILLS, 2/4/16 8:26am

• 800 employees, 4,300 students impacted

• Blames the government

Percentage of homes sold for all-cash drops

IRVINE, 2/4/16 5:29am

• Figures for October 2015 show cash sales down 3 percentage points

• Cash sales accounted for 34 percent of all home sales

Job cuts surge 218 percent to 75,114 in January

CHICAGO, ILL., 2/4/16 4:50am

• Heavy layoffs in energy and retail drive increase

• “This shift is resulting in widespread job cuts across the industry, even in times of good health”

2015 was boom year for home sellers, says new report

IRVINE, 2/3/16 9:19pm

• An average price gain since purchase of 11 percent

• “Homeowners can once again count on real estate as an appreciating asset”

Tax refund scheme returns prison term for18 months

SACRAMENTO , 2/3/16 9:07pm

• Manuel Ruiz made false claims for tax refunds

• Over $650,000 in fraudulent refunds paid out by the IRS


Some relief nears for Valley commuters

TRACY, 2/3/16 9:05pm

• Toll lanes on I-580 set to open

• Toll-free for some

CalSTRS getting out of coal

WEST SACRAMENTO, 2/3/16 9:03pm

• Moves to divest from U.S. thermal coal companies

• “Its presence reflects a loss of value”

Lawmaker says Public Utilities Commission must be rebuilt

SACRAMENTO , 2/3/16 9:01pm

• Assemblyman Mike Gatto introduces legislation

• “We need to rethink the way we regulate utilities in this state”

Fresno real estate firms merge

FRESNO, 2/3/16 11:41am

• Pearson Realty and Ranch Company join forces

• “I look forward to helping younger agents to learn how best to serve the dairy industry”

Home Depot says it will hire more than 80,000 for spring

ATLANTA, GA., 2/3/16 8:54am

• Staffing up at nearly 2,000 stores

• “There's no better time to join our team than spring”

Economic confidence flat in January

PRINCETON, N.J. , 2/3/16 8:47am

• Same as December’s

• Democrats, independents upbeat; Republicans sour

VIDEO: Erin Brockovich roils the water over chloramines

STOCKTON, 2/3/16 6:07am , by Gene Beley, CVBT Correspondent

• Says she wants to empower local residents to get involved in their local government

• “It’s going to be up to us to begin to save ourselves, to get involved”

• WITH VIDEO

Key aide to governor quits

SACRAMENTO , 2/2/16 9:07pm

• Cabinet Secretary Dana Williamson to open public affairs firm

• Finance Department senior manager picked as replacement

Some easing of water use restrictions

SACRAMENTO , 2/2/16 9:05pm

• Water Resources Control Board acknowledges differences in climate

• “If we continue to receive a lot of rain and snow in February and March, we may scale back”

New president/CEO for Fresno Chamber

FRESNO, 2/2/16 9:05pm

• Nathan Ahle to succeed Al Smith

• “Impressed us time and time again”

Drought woes to continue into spring

STATE COLLEGE, PA., 2/2/16 9:03pm

• El Nino only denting the problem

• “I think we need another season like this”

Sierra snowpack has above average water content

SACRAMENTO , 2/2/16 9:01pm

• Holds more water than last year

• Most since 2005

Wildfires are now so big, they’re a “wicked problem”

MOSCOW, IDAHO, 2/2/16 11:50am

• Researchers call for new partnerships

• “We can’t fix this alone”

Californians conserving water less and less, report says

SACRAMENTO , 2/2/16 10:32am

• Still meeting what the governor ordered

• “Every drop saved today is one that we may be very glad we have tomorrow”

State sues Southern California Gas over gas leak

SACRAMENTO , 2/2/16 10:00am

• Says Aliso Canyon gas leak violates health and safety laws

• “The impact of this unprecedented gas leak is devastating”

IRS warns phone scams a serious threat

WASHINGTON, D.C., 2/2/16 7:48am

• As filing season moves along, scams increase

• “If you are surprised to be hearing from us, then you're not hearing from us”

Home prices up 6.3 percent year over year in December 2015

IRVINE, 2/2/16 5:22am

• Prices up throughout Central Valley

• Forecast projects increase of 5.4 percent by December 2016

Four out of ten Americans say they are worse off now than eight years ago

PRINCETON, N.J. , 2/2/16 4:59am

• Half say they are better off

• More than twice as many Democrats as Republicans feel better off

Report urges tweaks to federal water policies in the West

SAN FRANCISCO, 2/1/16 9:01pm

• Says small changes now could have big impacts later

• “Improving the federal role in western drought management is urgent”

Three Valley hospitals join campaign against heart disease

MODESTO, 2/1/16 2:46pm

• Taking part in American Heart Association promotion

• “Fast, accurate diagnosis and treatment of heart attack, stroke and cardiac disease can be critical to survival”

More Californians hitting the road

SACRAMENTO , 2/1/16 11:59am

• 2014-15 gasoline consumption increase largest in more than a decade

• “Lower gas prices mean Californians can do more with less”

Forest Service report shows effects of drought

WASHINGTON, D.C., 2/1/16 11:49am

• Summarizes scores of basic research reports

• Might help in adapting to climate change

Online application now offered for state's low-cost auto insurance program

SACRAMENTO , 2/1/16 11:45am

• Auto insurance that costs as low as $241 per year

• Costdepends in part on where one lives

Lodi winery named “winery of the year”

LODI, 2/1/16 9:33am

• Michael David Winery gets top honor at Unified Wine & Grape Symposium

• “We could not achieve this distinction without the passion of our team”

Winter weather strafes Central Valley

BAKERSFIELD AND SACRAMENTO, 1/31/16 9:03pm

• Mountain passes closed by snow

• 29-vehicle pile-up on I-80 near Truckee

• I-5 traffic at Grapevine opens; Highway 58 remains closed

Casino resort complex planned near Galt – or maybe Elk Grove

WILTON, 1/31/16 9:01pm

• Comments being taken on draft EIS

• Abandoned mall site under consideration













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