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The Latest Breaking News from California

SVB rocks California as founders join Napa vintners in fear

The shocking collapse of Silicon Valley Bank rippled across California Friday to industries far beyond the technology community that it played a major role in shaping.

Tribune News Service

The man convicted of killing Kristin Smart in 1996 is sentenced to 25 years to life

Smart, 19, disappeared from California Polytechnic State University in San Luis Obispo in 1996. Prosecutors maintained that Paul Flores, now 46, killed Smart during an attempted rape.

WEKU

Roads washed out, rivers flood as deadly storm pelts California and forces evacuations

FRESNO, Calif. — California’s deadly storm season turned even deadlier Friday as the first of two atmospheric river storms descended on the state, prompting widespread evacuation orders as it flooded creeks and rivers and dropped warm, heavy rain atop the state’s near-record snowpack.

Los Angeles Times

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Biden proposed spending billions on climate projects in 2024. Could it help California?

President Joe Biden proposed spending more than $24 billion both to fund natural disaster response efforts and to bolster environmental conservation as part of his 2024 budget.

McClatchy Washington Bureau

Silicon Valley Bank biggest US lender to fail since 2008 financial crisis – a finance expert explains the impact

Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa Clara, California-based lender suffered from an old-fashioned bank run. State regulators seized the bank and made the Federal Deposit Insurance Corporation its receiver.

The Conversation

Tom Girardi gave $1 million in payments, gifts to an investigator at the California State Bar, corruption probe finds

LOS ANGELES — Disbarred Los Angeles lawyer Tom Girardi funneled more than $1 million in gifts and payments to an investigator at the State Bar of California and the investigator’s wife, a University of Southern California accounting professor, according to a report released Friday.

Los Angeles Times

Here's what it looked like outside Silicon Valley Bank after it shutdown

The failure of one of the largest commercial banks in the U.S. left people frantically figuring out next steps Friday morning.

Fortune

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We Test Out The Hands-Free Mercedes-Benz Drive Pilot Level 3 System

Not only can you remove your hands from the wheel, you can take your eyes off the road.

Motor1

A SVB short seller explains red flags he saw months ago

“I've never seen a balance sheet crumble this quickly,” says Dale Wettlaufer, a partner at Bleecker Street Research who shorted the stock in January.

Fortune

Is This the Year California's Development-Killing Environmental Review Law Sees Serious Reform?

Yet another court decision stopping a U.C. Berkeley housing project is getting California's policy makers to think bigger about reforming the infamous California Environmental Quality Act.

Reason

At least 2 dead as storm pelts California, bringing flooding and evacuations

FRESNO, Calif. — At least two people have died as the first of two atmospheric river storms descended Friday on California, prompting widespread evacuation orders as it flooded creeks and rivers and dropped warm, heavy rain atop the state’s near-record snowpack.

Los Angeles Times

Biden OKs emergency assistance for California amid evacuations, flooding risks

FRESNO, Calif. — At least one person has died as the first of two atmospheric river storms descended Friday on California, prompting widespread evacuation orders as it flooded creeks and rivers and dropped warm, heavy rain atop the state’s near-record snowpack.

Los Angeles Times

Life-threatening flash flooding in California on Oscars weekend as Irish stars arrive

Californian officials are evacuating 70,000 people in the state this weekend due to flash flooding

Irish Mirror

Emma Raducanu was sleeping 'two minutes' before Indian Wells return amid illness battle

The British no.1 came through her opening match in the Californian desert last night but not without overcoming a challenging period in the lead up to her victory

Daily Mirror

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WEKU

Atmospheric rivers hit California with heavy rain and snow

California is expected to see a warmer, wetter storm through the weekend — posing a serious risk of flooding, particularly in central California.

AnandTech

Fujitsu Preps Monaka Datacenter CPU to Succeed A64FX: Greater Efficiency and More Features

Fujitsu has revealed that the company is prepping the successor for its A64FX processor for high-performance computing. The company's second-generation Arm-based server CPU is slated to offer considerably higher performance and energy efficiency than its predecessor, as well as will add features to address AI and data analytics applications. The…

Los Angeles Times

Newborn found alive in gas station trash can in Calif.

A newborn was found abandoned Thursday in the restroom of a Fullerton, California, gas station and quickly transported to a local hospital in critical condition.

Evening Standard

Silicon Valley Bank collapses and enters receivership after tech firms pull funds

Silicon Valley Bank has been closed by California regulators after tech firms scrambled to withdraw funds from the business.

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Los Angeles Times

‘Unrivaled, unparalleled’ storm hits California; evacuations, flood fears heightened

LOS ANGELES — The first of two atmospheric river storms descended Friday on California, prompting widespread evacuation orders as it flooded creeks and rivers and dropped warm, heavy rains atop the state’s near-record snowpack.

Los Angeles Times

Man allegedly stole a city snowplow in Big Bear. His location was clear

LOS ANGELES — A 35-year-old man is suspected of stealing a municipal snowplow in Big Bear Lake days after a blizzard in the Southern California mountain town.

Capital & Main

In the Middle of a Mental Health Crisis Among Youth, Words Matter

To deal with huge health care disparities, some Californians focus first on a single concept: equity.

The Independent UK

New atmospheric river storm brings heavy rain to California

A new atmospheric river has brought heavy rain and thunderstorms to California, bringing flood threats and disrupting travel

The Independent UK

California ‘Teacher of the Year’ accused of abusing 13-year-old student

The teacher was arrested at the school’s campus

Los Angeles Times

California Republicans, buoyed by congressional wins, have no obvious Senate prospects

California's 2024 primary election is less than a year away, yet no prominent Republican has announced plans to seek California's open U.S. Senate seat — another sign of the decline of a onetime GOP powerhouse that produced two presidents and four governors in the span of just over a half-century.

Reason

California's K9 Reform Bill Is Barking Up the Wrong Tree

Police dogs seriously injured 186 people within the last two years—more than batons or tasers did, according to the ACLU.

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