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Newsom 'not backing away' from reparation cash payments yet, spokesperson says

Published Mon, 16 Dec 2024 15:47:46 GMT

(KTXL) — Gov. Gavin Newsom did not explicitly endorse cash payments to some Black residents as recommended by the California Reparations Task Force earlier this month, but in a Wednesday morning statement, his spokesperson said that Newsom is "not backing away" from the payments.An earlier statement shared with media outlets said that dealing with the nation's history of slavery and discrimination of Black Americans "is about much more than cash payments," a statement that neither fully supported or rejected the task force's recommendation on monetary reparations. Here’s how much Black Californians could individually receive in reparations payments "Many of the recommendations put forward by the Task Force are critical action items we’ve already been hard at work addressing..." Newsom's Chief Communication Advisor Anthony York said in the earlier statement.York clarified Wednesday that the governor "is not backing away from cash payments, but wants to wait for the report in its en...

Antioch PD racist text messages spur civil rights investigation

Published Mon, 16 Dec 2024 15:47:46 GMT

(KRON) -- A civil rights investigation into the Antioch Police Department will be initiated in relation to racist text messages sent between officers, California Attorney General Rob Bonta announced. The investigation is intended to determine if the department "engaged in a pattern or practice of unconstitutional policing amid deeply concerning allegations relating to bigoted text messages and other potentially discriminatory misconduct," read a press release from Bonta's office Wednesday. Man arrested in connection with multiple bank robberies by San Jose PD At the center of the investigation are a series of racist text messages sent between Antioch PD officers that came to light last month. In the texts, which were made available to the media through the Contra Costa District Attorney's Office, officers referred to Black people as "zoo" and "circus" animals.Antioch Chief of Police Steve Ford described the texts as "racially abhorrent.""It is our job to protect and serve all of o...

Fed’s Barkin: Inflation still ‘stubbornly high’ and isn’t easing fast enough toward 2% target

Published Mon, 16 Dec 2024 15:47:46 GMT

Inflation remains “stubbornly high” and is no longer making much progress toward the Federal Reserve’s 2% target, a top Fed official said Wednesday, hours after price data for April were released.In an interview, Tom Barkin, president of the Federal Reserve Bank of Richmond, said he is also seeing some signs that banks in his region — which includes Virginia, North Carolina, South Carolina and West Virginia — are slowing their lending. It isn’t yet clear, he said, what consequences that trend might have on the economy and inflation.For now, Barkin said, inflation remains unacceptably high. A government report Wednesday on consumer prices in April showed that inflation fell to 4.9%, the lowest year-over-year level in two years. Yet excluding volatile food and energy costs, inflation stayed high from March to April and was up 5.5% from a year earlier, little changed since December. Barkin noted that the latest figures reflected some one-time fluctuations — sharp drops in a...

Here are the 13 counts New York Rep. George Santos faces

Published Mon, 16 Dec 2024 15:47:46 GMT

NEW YORK (AP) — A 13-count federal indictment unsealed Wednesday in New York accuses U.S. Rep. George Santos of embezzling money from his campaign, falsely receiving unemployment funds and lying to Congress about his finances. In a news release, the U.S. Attorney’s Office for the Eastern District of New York said the charges against the New York Republican include three counts of “money laundering,” though the indictment doesn’t use that specific phrasing.The following are the counts Santos faces as they are described in the indictment, and the maximum sentences as spelled out in the U.S. criminal code:COUNTS 1-5: “Wire Fraud — Fraudulent Political Contribution Solicitation Scheme”Wire fraud refers to the use of telephones, email or other forms of communication to commit a crime. Such charges are common in a wide range of criminal cases, from drug trafficking to political corruption.In Santos’ case, these counts relate to allegations that he hoodwinked donors into contributing money...

Infinity: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 15:47:46 GMT

CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Infinity Pharmaceuticals Inc. (INFI) on Tuesday reported a loss of $11 million in its first quarter.On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 12 cents.The drugmaker posted revenue of $731,000 in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INFI at https://www.zacks.com/ap/INFISource

Ex-Raider Henry Ruggs pleads guilty to driving drunk at 156 mph, causing fatal crash

Published Mon, 16 Dec 2024 15:47:46 GMT

LAS VEGAS (AP) — Ex-Las Vegas Raiders player Henry Ruggs pleaded guilty Wednesday to driving his sports car drunk at speeds up to 156 mph on a city street before causing a fiery crash that killed a woman and her dog.“Guilty,” said the former first-round NFL draft pick, 24, who will avoid trial and is expected to be sentenced Aug. 9 to three to 10 years in state prison under terms of his plea deal with prosecutors. The minimum three-year sentence cannot be reduced by converting the year-and-a-half that he has spent on house arrest to time already served.Clark County District Attorney Steve Wolfson cited possible legal obstacles to obtaining a conviction at trial, said he met several times with relatives of the woman who died, and said the plea agreement with Ruggs “accomplished our three most important goals.” Ruggs was convicted of felony DUI causing death, will go to prison, and won’t be able to appeal his conviction and sentence, the elected district attorney, a Democrat, said in ...

Plug Power: Q1 Earnings Snapshot

Published Mon, 16 Dec 2024 15:47:46 GMT

LATHAM, N.Y. (AP) — LATHAM, N.Y. (AP) — Plug Power Inc. (PLUG) on Tuesday reported a loss of $206.6 million in its first quarter.On a per-share basis, the Latham, New York-based company said it had a loss of 35 cents.The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.The alternative energy company posted revenue of $210.3 million in the period, which topped Street forecasts. Twelve analysts surveyed by Zacks expected $199.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLUG at https://www.zacks.com/ap/PLUGSource

Rep. George Santos says he won’t resign, won’t drop reelection bid, promises to clear his name after federal charges

Published Mon, 16 Dec 2024 15:47:46 GMT

CENTRAL ISLIP, N.Y. (AP) — Rep. George Santos says he won’t resign, won’t drop reelection bid, promises to clear his name after federal charges.Source

Tornado watch around Denver, plains: Live updates

Published Mon, 16 Dec 2024 15:47:46 GMT

DENVER (KDVR) -- Severe weather is hitting the Denver area Wednesday afternoon and is expected throughout the evening on this Pinpoint Weather Alert Day. Live weather radar mapWatches and warnings: Full listLatest Pinpoint Weather forecastThe Pinpoint Weather team and FOX31 crew are covering weather around the Denver area. Live updates will be posted here and you can watch coverage on FOX31.Live updates

The best and worst places to shelter during a tornado

Published Mon, 16 Dec 2024 15:47:46 GMT

DENVER (KDVR) — Denver and the Eastern Plains are known to get severe weather from time to time, and with severe weather comes the possibility of tornadoes. During severe weather, the National Weather Service may issue a tornado watch for your area, which means there is the possibility that a tornado could form. However, if that is upgraded to a tornado warning, you will need to seek shelter immediately as a tornado is imminent, likely or already occurring. Delays, cancellations at DIA due to weather Some places are safer to shelter than others, according to the Federal Emergency Management Agency (FEMA). There are also some shelter options that seem safe, but are anything but.Safest options: Indoors and undergroundOne of the safest places to shelter during a tornado warning is in a specially-built storm shelter or safe room, according to FEMA. These are designed to sustain high winds.Not everyone has access to these, however, so the next best option is the lowest floor of a build...