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Real World Economics: Capital reserves needed; here’s why

Published Sat, 08 Feb 2025 17:41:19 GMT

Edward LottermanUtter nerve! Gall! Chutzpah! Shamelessness!Even with multiple thesauruses, it’s hard to describe the level of cynicism in modern corporate communications.This rant is prompted by recent propaganda from Goldman Sachs alerting the world about threats small businesses face from proposed new capital adequacy standards for banks. If implemented, the Wall Street behemoth tells us, there will be a capital crunch crippling small businesses’ ability to operate and expand.Well! Thank God someone still stands up for the little people, protecting us common folk from inept and crushing regulation by unelected bureaucrats and central bankers.Yeah, that press release really tripped my trigger. Perhaps because I had just gotten yet another email from “Farmers For Free Trade — a “grassroots advocacy group” dating from 2017 when Donald Trump initiated trade wars with China and our neighbors to the north and south.I still interact with farmers back home and I have not met o...

November is National Family Caregivers Month

Published Sat, 08 Feb 2025 17:41:19 GMT

CAPITAL REGION, N.Y. (NEWS10) -- November is National Family Caregivers Month. Families are often the primary source of support for older adults and people with disabilities, according to the National Council on Aging. Get the latest news, weather, sports and entertainment delivered right to your inbox! NEWS10's Giuliana Bruno sat down with Deborah Seeley, a family caregiver, as well as Sherri Wolken, the Executive Director at Eddy SeniorCare to discuss support services and options for families in need of help caring for a loved one.You can watch the interview in the player above.

10 Freeway to be reopened Monday, Newsom says

Published Sat, 08 Feb 2025 17:41:19 GMT

Vice President Kamala Harris joined California Gov. Gavin Newsom and Los Angeles Mayor Karen Bass to provide an update on the 10 Freeway fire repair efforts on Sunday, where Newsom announced that the freeway will reopen on Monday."This thing opens tonight," he said. "It will be fully operational tomorrow." Structural integrity assessment results indicated that the damage to the freeway was not as bad as originally thought, allowing officials to announce that the restoration process could be completed within three to five weeks."The good news is, there was more good news," Newsom said. "As a consequence, we were able to double down on what we doubled down on previously." United States Senator Alex Padilla confirmed that the repairs would be covered by federal funding provided by a bipartisan infrastructure bill.Workers near a sign that reads "I-10 open on Monday" on Sunday, Nov. 19, 2023. (KTLA)The blaze initially broke out around 12:30 a.m. on Nov. 11 in a storage yard near East...

Man accused of robbery, sex assault at Orange County massage parlor

Published Sat, 08 Feb 2025 17:41:19 GMT

A man was arrested after he allegedly robbed an Orange County massage business and sexually assaulted victims inside.The suspect was identified as Thomas Avery Hillman, Jr., 44, a Paramount resident, according to the Orange County Sheriff’s Department.On Nov. 15, deputies responded to an armed robbery in Stanton in the 12000 block of Beach Boulevard around 3:44 p.m.Deputies discovered Hillman had allegedly forced victims into a private room inside the parlor and “mandated they orally copulate him while he held them at gunpoint,” authorities said.He reportedly took around $2,000 in cash and fled the premises before deputies could arrive.Investigators later identified Hillman as the suspect and located him at his residence. He surrendered to deputies during a search warrant. Video captures truck smashing into West Hollywood barbershop Thomas Avery Hillman, Jr., 44, in a booking photo from the Orange County Sheriff’s Department.Hillman was charged with suspicion of robbery, assault w...

Do smartphones expire? Sort of

Published Sat, 08 Feb 2025 17:41:19 GMT

You’re undoubtedly familiar with expiration dates. From the milk in your fridge to the Twinkies in your pantry (yes, even those can expire) — but what about your phone?It’s not like your phone starts to sprout mold or smell funny after you’ve had it for a while. If you can avoid cracking the screen and keep it clean, it might be hard to even tell how old your phone is from a distance. But yes, in a sense, it can "expire." If you have an older iPhone, you may have actually experienced this already. Take, for example, the last major iPhone update Apple pushed out in September, iOS 17. While it introduced a bevy of new features for iPhone users, not everyone was able to get the update.  Chuck E. Cheese is getting rid of its animatronic bands, except here Apple made the massive update available to select models, dating only as far back as the iPhone XR and XS models (both released in 2018). If you have an iPhone 8 (released in 2017) or earlier, you don’t have iOS 17 and you’...

Oakland: One dead in early morning crash on I-580

Published Sat, 08 Feb 2025 17:41:19 GMT

At least one person has been confirmed dead after a vehicle overturned on Interstate Highway 580 in Oakland on Sunday morning, according to the California Highway Patrol.The crash occurred just after midnight on westbound I-580 near the Lakeshore Avenue exit. When officers arrived, they found a bleeding crash victim, who they gave medical attention.Related ArticlesCrashes and Disasters | Oakland: Pedestrian found dead on 12th Street off-ramp, near Interstate 980 Saturday morning Crashes and Disasters | Pedestrian killed in hit-and-run on Highway 4 near Discovery Bay Crashes and Disasters | Driver killed in rollover crash on Highway 4 near Crockett Crashes and Disasters | Driver flees after woman killed in multi-vehicle East Bay freeway crash Crashes and Disasters | Ghost Tire Memorial placed at site of Malibu crash that killed 4 Pepperdine students California Highway Patrol said the victim died due to &#...

Campbell nonprofit continues ‘Ask the Experts’ series

Published Sat, 08 Feb 2025 17:41:19 GMT

Ask the ExpertsThe next speaker in the Eating Disorders Resource Center’s “Ask the Experts” series founded a clinical program in Mexico to address eating disorders and mental health issues.Dr. Eva Trujillo is the executive director of Comenzar de Nuevo, a nonprofit organization recognized throughout Latin America that supports the prevention, teaching, research, advocacy, and treatment of eating disorders at all levels of care. Her program is a model for other Latin American countries and has raised the standard of treatment available in Mexico.Trujillo’s “Ask the Experts” talk on Dec. 16 will be a virtual event, set for 9:30-11 a.m. To register, visit https://edrcsv.org/get-informed/ask-the-experts.This series, presented in collaboration with Santa Clara Family Health Plan, will continue in 2024 with other leaders in the field of eating disorders.MetroED award winnersTom Nemeth of the Metropolitan Education District’s new Electrical Vehicles/Automotive Services program was named Me...

Winchester Mystery House hosts Oddities Market for holiday shopping

Published Sat, 08 Feb 2025 17:41:19 GMT

Shopping for holiday odditiesHoliday shoppers whose tastes skew toward “The Nightmare Before Christmas” might want to check out the Yuletide ODDventure Residency at the Winchester Mystery House presented by Menagerie Oddities Market.On Saturdays from Nov. 25 to Dec. 30, noon-9 p.m. each day, the Winchester Mystery House will play host to a differently themed show. Shoppers can partake in a Dark Victorian Christmas on Dec. 2, the fifth annual Holiday Oddities Show on Dec. 9 and a Victorian Peddler’s Street Faire on Dec. 16. Procrastinators can shop a Bizarre Bazaar on Dec. 23, and the series wraps up with a Soul Spa Re-enchantment Metaphysical Faire on Dec. 30.In addition to 45 artisans, creators and purveyors of the strange and unusual, the market will feature DJs, live music, fortunetelling, burlesque performers, circus act performances by Renegade Circus and the Misfit Toys, and a doll part ornament-making class in Santa’s workshop. Dr. R. Snick will present his exhibit and ...

Sunnyvale Historical Society hosts holiday teas

Published Sat, 08 Feb 2025 17:41:19 GMT

Holiday teas at the museumThe Sunnyvale Historical Society is taking reservations for its 15th annual holiday teas on the first two weekends in December.Period clothing is encouraged for the Victorian-themed teas, set for Dec. 2-3 and 9-10, 2-4 p.m., at the Heritage Park Museum, 570 E. Remington Drive. Doors open at 1 p.m. to allow guests to browse the museum exhibits and the store.Reserve a table by calling 408-749-0220.League seeks volunteersThe League of Women Voters Cupertino-Sunnyvale has several committees that need coordination and additional members, including voter service, communications, online access and activities. For more information, visit https://lwvcs.clubexpress.com/content.aspx?page_id=42&club_id=604588.Bringing the heatSunnyvale ranked third among California cities in a recent study of most affordable cities to heat a home in winter. Overall, the study by HVAC Gnome determined that 94 of the most affordable cities to heat in the country are in California. Th...

Opinion: Santa Clara County leads locally on climate change

Published Sat, 08 Feb 2025 17:41:19 GMT

It’s been said that the best time to act on climate change was yesterday, and the next best time is today. I agree.My work on climate change began in earnest in the California State Legislature. As a member of the state Assembly, I coauthored (with then-State Sen. Byron Sher) the landmark 2002 Renewables Portfolio Standards bill, which required California electricity providers to acquire at least one-fifth of their power from clean, renewable sources like wind, solar, and geothermal by 2017.Some years later, as a state senator, I chaired the Senate Committee on Environmental Quality; in that role I coauthored and helped guide the passage of the California Global Warming Solutions Act (also known as AB 32, coauthored by Assemblymembers Fabian Nunez and Fran Pavley). The law established the state’s most aggressive effort to reduce greenhouse gas emissions.To make sure we’d actually achieve those goals, I wrote legislation moving the deadline for 20% renewable energy use up to 2010, wh...