One of Ben & Jerry’s founders, Jerry Greenfield, has resigned from the ice cream company, saying that its independence had been lost and its social activism “silenced” under the control of its parent company, Unilever. Greenfield’s business partner, Ben Cohen, announced the move on social media early Wednesday. The decision...
Fed Expected to Cut Rates, Update Views of Trump Economic Plan With New Projections
WASHINGTON — The most politically charged U.S. Federal Reserve meeting in years wraps up on Wednesday with broad expectations for a quarter-percentage-point interest rate cut that may spark dissents from some policymakers who feel it is too small and too late and others who feel it is not warranted at...
San Francisco Politician Recalled Over the Great Highway’s Closure
Many residents of the west side of San Francisco clearly still long for their Great Highway. They miss driving the 2 miles alongside the coast like they did for decades, taking in the view of the sun setting over the Pacific and surfers riding its waves, until the road closed...
UN Warns on Supplies for Famine-Stricken North Gaza After Israel Shuts Crossing
GENEVA — The United Nations voiced grave concerns on Wednesday about food and other supplies running out in northern Gaza, where hundreds of thousands of people were already experiencing famine, after Israel closed the only crossing there last week. Israel began its long-expected ground assault on Gaza City in the...
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...