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Schuster Makes First Appearance at Salinas a Monumental Career Win
Tiany Schuster decided to enter Salinas for the first time as a reason to visit family friends and makes it a trip to remember. She dominates the qualifying rounds and ran the only sub-16 second run to win over $17k.
Federal grand jury charges short seller Andrew Left in $16M stock manipulation scheme
A federal grand jury in California has charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme. The Department of Justice said in a statement on Friday that Left, who was a securities analyst, trader, and guest commentator on television channels including CNBC and Fox Business, is charged with one count of engaging in a securities fraud scheme, 17 counts of securities fraud, and one count of making false statements to federal investigators. As a short seller, Left would make money betting stocks would fall. The Justice Department said that Left conducted business under the name Citron Research, which had a website that published investment recommendations. He published research on companies ranging from Tesla and GameStop to Grand Canyon Education and Peloton. If convicted, Left faces a maximum penalty of 25 years in prison on the securities fraud scheme count, 20 years in prison on each securities fraud count, and five years in prison on the false statements count.
Big Lots to close several Northern California stores, including two on Central Coast
SALINAS, Calif. — Big Lots, the popular retail chain, has announced plans to close dozens of its stores in Northern California, including two in the local area. The stores in Salinas and Gilroy are among those slated for closure. The Watsonville location will remain open. The company cited the...
Fire Insurance Part 4: No Easy Solutions
So where do we go from here? Is Insurance Commissioner Ricardo Lara going to pull a rabbit out of a hat this December just like he’s been promising for the last 15 months? And will his much-hyped Sustainable Insurance Strategy really solve all of Orinda’s fire insurance problems?
Gov. Gavin Newsom’s proposed ban on smartphone use in California schools would do more harm than good
A statewide ban on smartphone use in schools would run into the same enforcement problems as local restrictions – while also taking agency away from the school community. At Rocklin High School, uneven enforcement already hinders school administrators’ efforts to keep phones out of the classroom. The phone pocket policy, for example, is applied differently from teacher to teacher, creating friction between staff and frustration among students. Newsom’s proposal does not specify whether students would be allowed to keep their phones with them during the school day. If they are, this will continue to be an issue regardless of whether the rule comes from the principal or from the governor.
Judge threatens to sanction Hunter Biden’s attorneys for ‘false statements’
A federal judge threatened to sanction Hunter Biden’s attorneys for making “false statements” in their motion asking to dismiss his criminal charges in California. U.S. District Judge Mark Scarsi issued an order Wednesday asking Hunter Biden’s attorneys to “show cause why sanctions should not be imposed for making false statements in the motion.” Scarsi wrote…
Events happening over the weekend in Pacific Grove
PACIFIC GROVE, Calif. — The Youth Ambassadors of Pacific Grove, a leadership and public service organization, are supporting three events on July 26th and 27th. The first of the events is the Pet Parade. Participating pets and owners should line up at Caledonia Park at 1:30 p.m. The parade will start at 2 p.m., beginning at Congress Avenue, going down Lighthouse Avenue and making a U-turn at Forest Avenue.
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