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Motorcycle Collides With Tractor in Fatal Fresno County Collision

3 days ago

Shaver Lake and Reedley 4th of July Shows Are Wednesday. Who Else Is Celebrating?

17 minutes ago

Elon Musk Says Senate Bill Would Destroy Jobs and Harm US

18 minutes ago

US Consumer Spending Falls as Trump Tariff’s Muddle Economy

3 days ago

Avenatti Arrested for New Alleged Crimes While on Bail

LOS ANGELES — Michael Avenatti, the brash former attorney for the porn actress Stormy Daniels, was arrested for allegedly violating bail by committing numerous financial crimes to conceal assets from creditors while living a lavish lifestyle, U.S. prosecutors alleged in a court document released Wednesday. Avenatti was arrested by IRS...

Chevron Will Write Down Assets by at Least $10 Billion

SAN RAMON — Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets. More than half the write-down is related to gas drilling operations in Appalachia. The huge fourth-quarter write-down...

California’s Pension Debt Cannot Be Ignored

A decade ago, at Gov. Arnold Schwarzenegger’s request, I supervised a graduate student team that performed a comprehensive analysis of public pensions in California. The goal was to calculate California’s pension debt, the difference between assets and liabilities. The team’s conclusions: the unfunded liability was over $500 billion—seven times the number officially...

Epstein May Have Gamed the System From Beyond the Grave

FORT LAUDERDALE, Fla. — The will that Jeffrey Epstein signed just two days before his jailhouse suicide puts more than $577 million in assets into a trust fund that could make it more difficult for his dozens of accusers to collect damages. Estate lawyers and other experts say prying open...

Israeli Bank to Pay $195M for US Tax-Avoidance Scheme

LOS ANGELES — One of Israel's largest banks has agreed to pay $195 million for helping U.S. citizens avoid paying taxes by stashing their assets in offshore accounts. The U.S. attorney's office says Mizrahi-Tefahot Bank Ltd. and two subsidiaries acknowledged guilt Tuesday in a deferred prosecution agreement with the Department...

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