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The Latest Breaking News from California

Cathie Wood Loads Up $1M More Of This Self-Driving Trucking Firm As Shares Drop 80% YTD

Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its first buy in the San Diego, California-based start

Benzinga

California Horse Racing Board issues complaint against trainer Richard Baltas for 47 horse racing violations

LOS ANGELES — In early May, Corey Martinez, who is in charge of Santa Anita’s video surveillance, was going through video of the stalls of horses entered to race on May 8, just double-checking whether the last administration of Lasix was within the time guidelines.

Los Angeles Times

California has recovered more than $1 billion in fraudulently paid unemployment claims

SACRAMENTO, Calif. — The California Employment Development Department (EDD) has recovered $1.1 billion in fraudulent payments from federal COVID relief programs, Gov. Gavin Newsom’s office announced Tuesday.

Tribune News Service

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Jury finds Bill Cosby sexually abused teenage girl at Playboy mansion in 1975

Civil verdict comes a year after Cosby, 84, had conviction for sexual assault thrown out and was freed from prison

The Independent UK

Gas prices are falling nationwide. Will California drivers see some relief?

The average national price of regular gas has slipped under $5, marking the first time the closely watched number has decreased in nine weeks, according to AAA.

Los Angeles Times

Cannabis Co. Juva Life Secures $11.8M in Financing For Operations Expansion, Clinical Research

Cannabis-focused pharmaceutical research and development and consumer-facing company Juva Life Inc. (CSE: JUVA) (OTCQB: JUVAF) has closed a dilutive financing of $11.8 million, enabling it to acquire its Stockton, California, facility as well as further its clinical research on its two novel compounds.

Benzinga

Rep. Devin Nunes Loses Right of Publicity Claim Against @DevinBull (?)

In Nunes v. Meredith, decided today by Judge Jennifer Thurston (E.D. Cal.), Congressman Devin Nunes sued Ben Paul Meredith for common law misappropriation and stalking, based on "Meredith's purported pattern of public, negative commentary about Nunes and his political career." The facts: Nunes has received criticism from many individuals for…

Reason

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Cannabis Chart Of The Week: CA Vs. NY Cannabis Markets – "The Irony Of Unintended Consequences"

The chart shows the YTD returns on two stock groups normalized for the MSOS ETF return. The green bars represent companies who are ROs in New York, possessing one of the ten original licenses. The orange bars represent companies either entirely in California or highly levered towards California.

Benzinga

NV5 Acquires GEO1 For Undisclosed Sum

NV5 Global Inc (NASDAQ:NVEE) has acquired GEO1 through an asset purchase of Aerial Filmworks, LLC. Deal terms were not disclosed. Hawthorne, California-based GEO1 provides geospatial lidar, aerial imagery, and data analytics solutions to utilities, government agencies, and the environmental sector. It has 25 employees. NVEE expects the acquisition to be immediately accretive…

Benzinga

GM's BrightDrop Delivers First 150 Zevo 600 Electric Vans To FedEx

The first 150 BrightDrop Zevo 600s were delivered throughout Southern California to FedEx Express, one of the world's largest express transportation companies.

InsideEVs

California survey finds hot-button issues may spark voter turnout in November

SAN DIEGO — Despite low turnout in California's June primary elections, key world events such as abortion rights and the potential for war with Russia could spur greater voter participation in November, according to a voter survey by UC San Diego.

Tribune News Service

Aer Lingus passenger's 'trauma' as luggage worth over €3,000 left stranded at Dublin Airport

Mariana Breuer lives in California and her luggage has been stuck in Dublin since June 16

Dublin Live

This new California coronavirus wave isn't sticking to the script: Big spread, less illness

LOS ANGELES — In the last two years, COVID-19 has followed a predictable, if painful, pattern: When coronavirus transmission has rebounded, California has been flooded with new cases and hospitals have strained under a deluge of seriously ill patients, a distressing number of whom die.

Los Angeles Times

A record number of LGBTQ candidates are running for Congress

Candidates say discriminatory state laws have motivated them.

Axios

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WEKU

North Carolina considers new laws to 'de-weaponize' medical debt and protect patients

Medical debt can ruin lives, and in many states patients have few financial protections. North Carolina is considering a new law that could lead the way in shielding patients from high medical bills.

Los Angeles Times

Editorial: California needs more housing and good jobs. There’s a bill to create both

What if California could encourage developers to replace shuttered big-box stores, half-vacant offices and decrepit strip malls with apartments, condominiums and townhomes, with some or even all of the units being affordable? And what if the construction workers building those projects were paid union-level wages and, in some cases, received…

Los Angeles Times

Gustavo Arellano: John Eastman’s journey from respectable O.C. Republican to Batman villain

The first time I met John Eastman, he was what passed for a respectable Republican voice in Orange County, California.

Los Angeles Times

A major California reservoir has hit its peak for the year at just over half full

Lake Oroville, the largest reservoir in a state system that provides water to 27 million Californians, has already reached its peak level for the year, barely surpassing half of its capacity, according to the Department of Water Resources.

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The Orange County Register

3 reputed ‘sovereign citizens’ arrested in San Bernardino County; guns and explosives seized from car and compound

Three alleged “sovereign citizens” accused of possessing firearms, ammunition and improvised explosive devices were arrested over the weekend in California desert communities, the San Bernardino County Sheriff’s Department said Sunday.

Tribune News Service

Family stunned at funeral when casket contained wrong body sent from Fort Worth, lawsuit says

FORT WORTH, Texas — Jose Gonzalez’s death in March 2020 was sudden. But for his family, the most shocking part of their loved one’s death came on the day of his funeral in California, when they approached the open casket and, inside, saw the wrong body.

Chicago Tribune

Snack food giant Mondelez will acquire Clif Bar & Company for $2.9 billion

Chicago-based snack food giant Mondelez International said Monday it has agreed to acquire Clif Bar & Company, the California-based maker of Clif, Clif Kid and Luna brand energy bars.

Los Angeles Times

California lawmakers to investigate steep gas prices, accuse oil companies of 'ripping off' motorists

SACRAMENTO, Calif. — With steep gasoline prices still stinging Californians at the pump, Democratic Assembly Speaker Anthony Rendon on Monday announced a legislative inquiry to determine if oil companies are "ripping off" drivers.

The Independent UK

California Democrats to investigate cause of high gas prices

California lawmakers say they'll investigate why the state's gas prices are the highest in the U.S. Assembly Speaker Anthony Rendon announced a bipartisan committee on Monday to investigate gas price gouging

The Independent UK

Traffic stop stumbles across heavily armed ‘sovereign citizens’ in California

Police uncovered remote compound with weapons and ammunition near Joshua Tree National Park

Los Angeles Times

Californians brace for increased health care premiums if federal subsidies expire

SACRAMENTO — For the last two years, Syd Winlock has had a major burden lifted from his surgically repaired shoulder.

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