Whether it be housing or commercial real estate, economic slowdowns stifled growth in Fresno County in 2024. But after years of declines, experts expect a turnaround soon. The Fresno County Economic Development Corporation brought out a panel of experts to discuss housing construction and sales, major commercial real estate purchases,...
First California EV Mandates Hit Automakers This Year. Most Are Not Even Close
California's effort to have no new gas-powered vehicles sold in the state by 2035 is beginning, and it requires 35% of all 2026 models sold this year to be zero-emission. Dealers say they aren't close to fulfilling the mandate for zero-emission vehicles and are nervously wondering what the future holds...
Morgan Stanley CIO Favors 60/20/20 Portfolio Strategy With Gold as Inflation Hedge
A 60/20/20 portfolio strategy that includes 20% gold is a more resilient inflation hedge at a time when U.S. equities are offering historically low upside over Treasuries and investors are demanding higher yields for long-term bonds, Morgan Stanley Chief Investment Officer Mike Wilson said on Tuesday. A 60/40 portfolio, which...
Trump Administration Sued Over Actions Against University of California
WASHINGTON — Labor unions, faculty and students in the University of California education system sued President Donald Trump's administration on Tuesday over the freezing of federal funds and other actions that they say aim to stifle academic freedom. The lawsuit, filed in the U.S. District Court for the Northern District...
Man Dies After Being Struck by Train in Camarillo Area
A man believed to be standing on railroad tracks was killed after being struck by a Metrolink train in the Camarillo area on Saturday, authorities said. The incident happened just before 1 p.m. near East Pleasant Valley Road, west of Calle San Pablo, said Ventura County Sheriff’s Capt. Tyler Abbot....
California’s Top Environmental Regulator to Retire Amid Trump Battles
WASHINGTON — California's top environmental regulator, who has helped lead the state's effort to ban the sale of gasoline-only vehicles starting in 2035, will retire on September 30 as the state spars with President Donald Trump over climate change rules. Governor Gavin Newsom said California Air Resources Board Chair Liane...
Tulare County Court Sentences Man to Life for Visalia Murder
A man was sentenced to life in prison Tuesday for the 2023 shooting death of a man in a wheelchair at a convenience store in Visalia, prosecutors said. The Tulare County District Attorney’s Office said Carlos Ayala, 32, must serve 25 years before becoming eligible for parole. On April 8,...
Fresno County Authorities Downgrade Garnet Fire Evacuation Orders as Containment Grows
The Garnet Fire has burned 59,751 acres and is 85% contained, CalFire reported Tuesday. The Fresno County Sheriff’s Office said evacuation warnings for Zones K26, K28, K32A, K40, K60, K61A, K165, and K166 have been lifted. Evacuation orders for Zones K29A, K30B, and K31 were downgraded to warnings, covering the...
What to Know About the Case Against Tyler Robinson, Accused of Killing Charlie Kirk
Prosecutors in Utah on Tuesday charged Tyler Robinson, 22, with killing right-wing activist Charlie Kirk with a long-range rifle shot on September 10. Here is what you need to know about the case against Robinson: The Charges Robinson is charged with one count each of aggravated murder, felony discharge of...
Trump Administration to Appeal Court Decision Blocking Firing of Fed Governor Cook, White House Says
The Trump administration will appeal the court decision blocking President Donald Trump's bid to fire Federal Reserve Governor Lisa Cook, the White House said on Tuesday. “The President lawfully removed Lisa Cook for cause. The Administration will appeal this decision and looks forward to ultimate victory on the issue,” White...
Tesla Settles 2019 California Crash Lawsuit Related to Autopilot Software
Tesla reached a confidential deal to resolve a lawsuit over a teenager's death in a 2019 California crash involving a Model 3 vehicle on the company's Autopilot advanced driver assistance software, a court order showed on Tuesday. The settlement comes weeks after a Florida jury ordered Tesla to pay $243...
United Airlines Rules out Bid for Spirit Airlines’ Assets
United Airlines CEO Scott Kirby said on Tuesday his company will not bid for bankrupt Spirit Airlines' assets if they become available. Spirit filed for bankruptcy protection last month for the second time in a year after a previous reorganization failed to put it on firmer financial footing. The discount...