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Powerball jackpot leaps to $1.73 billion, second largest prize in the lottery’s history

Published Fri, 27 Dec 2024 10:16:54 GMT

By Elizabeth Wolfe | CNNThe Powerball jackpot has soared to a whopping estimated $1.73 billion after no big winner was drawn Monday night, marking the second largest prize in the lottery&#’;s history.It is also the first time in Powerball&#’;s history that consecutive jackpot cycles have reached billion-dollar prizes, Powerball announced.If a lucky ticket holder scores the jackpot, they will have the choice between an annuitized prize worth an estimated $1.73 billion or a lump sum payment estimated at $756.6 million – both before taxes, Powerball said.Related ArticlesCalifornia News | Powerball ticket worth $1.3 million sold in San Francisco California News | Powerball jackpot climbs to an estimated $1.2 billion for Wednesday’s drawing California News | San Jose Powerball player so close to $800 million, will have to settle for $800K California News | Powerball jackpot swells to $925 million after no winner snagged t...

Why Shanahan ‘keeping it real’ is important to 49ers’ season

Published Fri, 27 Dec 2024 10:16:54 GMT

SANTA CLARA — Kyle Shanahan did an unusual thing during final preparations for what would be a 42-10 annihilation of the Dallas Cowboys.The 49ers’ head coach addressed the possibility of losing.It’s not the usual modus operandi of a football coach, but Shanahan has his own way of doing things and being frank is included in a style developed over 13 years as an NFL assistant and seven years in charge of the 49ers.So rather than go on a testosterone-fueled Saturday night rage about leaving it all on the field and no one coming back alive in a heated battle with the hated Cowboys, Shanahan accurately addressed the challenge in front of his players against a quality opponent with a 3-1 record.It’s the NFL, so the likelihood is the 49ers are going to lose a time or three this season, regardless of how good they are. And five games into the season was no time to attach everything to a game that would have made the difference between being 5-0 and 4-1.Shanahan is on...

Gov. Newsom signs legislation to improve broadband connectivity across California

Published Fri, 27 Dec 2024 10:16:54 GMT

Gov. Gavin Newsom has signed legislation from California Senator Bill Dodd, D-Napa, that aims to improve broadband and internet connectivity across California by allowing the state to lease its property to providers for deployment of new infrastructure.Senate Bill 387 aims to give General Services more flexibility in setting lease terms, creating incentives for broadband providers to invest in much-needed infrastructure improvements. Also, it is scheduled to allow the department to execute leases on behalf of other state departments such as Caltrans, Parks and Recreation and Fish and Wildlife, with their consent.“With approval of this new law, the state can use its property to generate revenue while enticing providers to expand their offerings,” Sen. Dodd said in a news release. “It will fill in unserved zones and help get high-speed data to those who need it for work, school and home life. I thank the governor for signing it into law. ”Under existing law, the state Department of Ge...

Site of huge Bay Area housing project is seized in loan foreclosure

Published Fri, 27 Dec 2024 10:16:54 GMT

OAKLAND — The future for a huge housing development in Oakland has turned murky now that a lender has seized the project site through its foreclosure of a delinquent real estate loan.The foreclosure casts doubt and uncertainty over the fate of a project that could have produced well over 1,000 homes in West Oakland.Housing tower within the CitySpaces mixed-use development that features 1,032 residences, retail, restaurant and grocery spaces at 500 Kirkham Street in West Oakland, concept. (SiteLab Urban Studio, BDE Architecture)San Francisco-based Panoramic Development had proposed the housing project on a site that’s bounded by Kirkham Street, 7th Street, Union Street and 5th Street, Oakland planning files show.Panoramic bought the site, whose official address is 500 Kirkham Street, for $7.1 million in 2017.Street-level view of the CitySpaces mixed-use development that features 1,032 residences, retail, restaurant and grocery spaces at 500 Kirkham Street in West Oak...

Chick-fil-A buys San Jose site near busy intersection and large retailer

Published Fri, 27 Dec 2024 10:16:54 GMT

SAN JOSE — Chick-fil-A has bought a parcel near a choice San Jose intersection in a real estate deal that could mark an expansion for the restaurant chain, public records show.The fast-food restaurant company paid $4.5 million for a parcel near the corner of Silver Creek Road and East Capital Expressway, according to documents filed on Oct. 6 with the Santa Clara County Recorder’s Office.Chick-fil-A bought the parcel through an all-cash deal, the county real estate files show.At present, the just-bought parcel is a surface parking lot with frontage on Silver Creek Road.Target sold the parcel to Chick-fil-A, according to the property documents. Target operates one of its big-box stores in the same retail complex.In the wake of the property transaction, Target retained the ownership of its store site and an adjacent surface parking lot, the grant deed and other documents on file with the cunty show.Sometime around 2010, Chick-fil-A became a lightning rod for controversy af...

Walters: California economic uncertainty drives Newsom’s high veto rate

Published Fri, 27 Dec 2024 10:16:54 GMT

This is a week of waiting and watching for legislators, lobbyists, journalists, bureaucrats and other denizens in and around the state Capitol.Mostly, they are waiting to see how Gov. Gavin Newsom handles hundreds of bills still awaiting his signature or rejection in the few remaining days he has to act.Newsom appears to be rejecting an unusually large percentage of the bills passed by the Legislature this year — nearly 20% according to lobbyist Chris Micheli, who tracks legislative data as a sideline.Many of Newsom’s veto messages contain the same language, lamenting that after the state dealt with a $30 billion budget deficit, the Legislature sent him measures that “would add nearly $19 billion of unaccounted costs in the budget.”“With our state facing continuing economic risk and revenue uncertainty, it is important to remain disciplined in considering bills with significant fiscal implications, such as this measure,” his boilerplate veto message concludes.That cautionary m...

Judge: Driving car into Bay Area cop wasn’t attempted murder

Published Fri, 27 Dec 2024 10:16:54 GMT

A defendant wasn’t trying to murder a Vallejo police officer when he drove a car into the officer during a burglary this summer, a judge said Tuesday.Following two days of preliminary examination, Judge Robert Bowers found probable cause that 30-year-old Jamazea Kittell committed assault or assault on a police officer June 27 when he hit Officer Brad Kim with a Dodge Charger. But he found no merit to the prosecution’s claim that Kittell – who, according to expert testimony, couldn’t see Kim until it was too late to stop – was trying to kill the other man.“I don’t think there is sufficient cause to hold him to answer for an attempted murder. I don’t see it,” Bowers said in Solano County Superior Court.Ultimately, the Solano County District Attorney’s Office is still in charge of deciding what charges Kittell will face at trial. Deputy District Attorney Kevin Tali said in an interview that he’ll need to speak to “higher-ups” before making that decision. Assaulting a police officer wit...

East Bay attorney indicted in infamous billion-dollar Ponzi scheme

Published Fri, 27 Dec 2024 10:16:54 GMT

A lawyer for the shuttered DC Solar company at the heart of a nearly $1 billion fraud case has been indicted by a federal grand jury in Sacramento.Jurors on Oct. 5 returned a 23‑count indictment against Ari J. Lauer, 59, of Lafayette, agreeing there was enough evidence to charge him with conspiracy to commit wire and bank fraud, bank fraud, and wire fraud affecting a financial institution. The allegations were brought for his role in the biggest criminal fraud scheme in the history of the Eastern District of California, U.S. Attorney Phillip A. Talbert said in a press release issued Monday.A licensed attorney in California, Lauer, from approximately 2009 to January 2019, was outside counsel to DC Solar, which had offices in Solano and Yolo counties and elsewhere in Northern California. He provided legal and business advice concerning DC Solar’s operations.The indictment was unsealed Monday after Lauer’s arrest. He was booked into Sacramento County Jail on Monday but was released, ja...

SF teachers voting today to authorize strike

Published Fri, 27 Dec 2024 10:16:54 GMT

SAN FRANCISCO (KRON) -- San Francisco teachers will vote this morning if they are to go on strike. The teachers are looking for a significant pay raise.If San Francisco educators vote for a strike, that means the teachers' union United Educators of San Francisco will be one step closer to telling their teachers to stay out of the classroom.The San Francisco Unified School District is offering as much as a $10,000-a-year pay raise. Teachers say San Francisco is extremely expensive and that’s not enough of a raise. 7 Bay Area high schools make Niche’s top 10 in California The two sides have been trying to make a new two-year contract for the past year.If teachers vote to strike, the union will vote one more time on whether or not to strike. If that happens, it will be the first time San Francisco teachers will not be at work since 1979.

Stellantis picks Kokomo, Indiana, for its second US battery venture with Samsung SDI

Published Fri, 27 Dec 2024 10:16:54 GMT

DETROIT (AP) — Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs.The $3.2 billion joint venture factory with South Korea’s Samsung SDI is to start production early in 2027.Construction already is underway on the companies’ first joint venture factory in Kokomo, which is scheduled to open early in 2025. That $3.1 billion plant also is expected to create about 1,400 new jobs in the area.The city of Kokomo made a compelling case to locate the second factory there, Stellantis Chief Operating Officer for North America Mark Stewart said in a statement early Wednesday. Samsung SDI CEO Yoon-ho Choi said Kokomo will be the company’s largest production base for electric vehicle batteries in North America, helping Stellantis accelerate a transition to a new era of EVs.Stellantis also plans a joint-venture battery plant across the border in Windsor, Ontario. Source