Colorado approves first two awards of refundable tax credits to boost chip manufacturing

Published Tue, 19 Nov 2024 10:40:00 GMT

Colorado approves first two awards of refundable tax credits to boost chip manufacturing The Colorado Economic Development Commission on Thursday approved the first two awards under a program the legislature passed in May to boost semiconductor and other advanced manufacturing capacity in the state, opening the door for more federal dollars to flow into the state.The CHIPS and Science Act authorizes $280 billion to help boost the country’s competitiveness in semiconductors and other key technologies vital to national security, including a 25% federal tax credit for the capital investments made to build a chip plant or expand capacity domestically.But for companies to qualify for federal tax breaks, they must show that state and local governments have stepped forward with financial support as well. If companies can’t claim the tax breaks a state is offering, say because they are losing money as production gets ramped up, the federal government won’t consider that a genuine local contribution.The Colorado legislature in May passed House Bill 23-1260 to b...

Knott's Berry Farm announces closure date for multiple Camp Snoopy rides

Published Tue, 19 Nov 2024 10:40:00 GMT

Knott's Berry Farm announces closure date for multiple Camp Snoopy rides Knott’s Berry Farm has announced the closure date for multiple rides in Camp Snoopy ahead of a planned renovation.Guests have until Jan. 7, 2024, to ride Huff and Puff, the High Sierra Ferris Wheel, and the Rocky Mountain Trucking Company, the theme park announced on Instagram. Knott’s Berry Farm reimplements chaperone policy that was enacted due to fights The rides will be removed during an extended makeover poised for the kiddie area. This will be the first time Knott’s has renovated the area in a decade.New rides, like Snoopy’s Tenderpaw Twister Coaster and Sally’s Swing Along, and improved experiences will be coming to the new and enhanced Camp Snoopy next year.Guests will be able to experience the new additions beginning Memorial Day weekend In 2024.More details about the new additions coming to Camp Snoppy can be found here.

Downtown Long Beach gets new private security guards

Published Tue, 19 Nov 2024 10:40:00 GMT

Downtown Long Beach gets new private security guards Downtown Long Beach introduced new private security guards this week in hopes of revitalizing its downtown and shoreline areas.The guards, hired by the Downtown Long Beach Alliance, will be especially focused on patrolling highly trafficked areas and making them safer, particularly due to a recent high-profile sexual assault of a young woman that was caught on camera. Private security guards are seen in Long Beach on Dec. 14, 2023. (KTLA)On Oct. 20, Rebekah Pedersen was walking alone when her attacker grabbed her from behind. She fell to the ground as the man pulled up her skirt and thrusted himself against her.An older man who was sitting at a table on the sidewalk intervened and pepper sprayed the attacker, who then ran away, the video showed. Woman sexually assaulted by homeless man in Long Beach speaks out The new patrols just started on Monday, but one business owner who spoke to KTLA off-camera was relieved, saying the homeless would typically camp out in front of his restau...

Kurtenbach: The NBA will try to fix Draymond Green. It will fail

Published Tue, 19 Nov 2024 10:40:00 GMT

Kurtenbach: The NBA will try to fix Draymond Green. It will fail The NBA suspended Draymond Green on Wednesday, but instead of handing him a ban of five, 10, or 25 games, the league opted for an “indefinite” term.They’re acting on the advice of Jusuf Nurkić, the man Green punched in his latest outburst, who said “That brother needs help.”Through therapy and counseling and, who knows, maybe a stint in anger rehab, the NBA is looking to fix Green.It will fail.(Photo by Christian Petersen/Getty Images) Related ArticlesGolden State Warriors | Warriors’ Klay Thompson vents over fourth-quarter benching: “Of course it frustrates me” Golden State Warriors | Steph Curry frustrated over Warriors’ mediocre start: ‘I’m sick of talking about it. We just have to do it.’ Golden State Warriors | The Warriors’ 29 turnovers open up bigger questions about the offense Golden State Warriors | What the Warriors can learn from Jo...

Single family residence sells for $3 million in Los Gatos

Published Tue, 19 Nov 2024 10:40:00 GMT

Single family residence sells for $3 million in Los Gatos 16171 Jasmine Way – Google Street ViewA 1,961-square-foot house built in 1953 has changed hands. The property located in the 16100 block of Jasmine Way in Los Gatos was sold on Nov. 22, 2023. The $3,015,000 purchase price works out to $1,537 per square foot. This single-story house has three bedrooms and one bath. On the exterior, the house is characterized by the use of wood shake roofing / shingles. Inside, there is a fireplace. The property is equipped with a heating system and central A/C.These nearby houses have also recently been purchased:A 1,939-square-foot home on the 16100 block of Escobar Avenue in Los Gatos sold in November 2022, for $3,150,000, a price per square foot of $1,625. The home has 4 bedrooms and 3 bathrooms.On Costances Court, Los Gatos, in April 2023, a 3,001-square-foot home was sold for $3,805,000, a price per square foot of $1,268. The home has 4 bedrooms and 3 bathrooms.In September 2022, a 2,608-square-foot home on Lilac Lane in Los Gatos sold for $3,60...

Los Gatos: Kinch is returning to Manresa — and Michelin chefs from around the world will join him

Published Tue, 19 Nov 2024 10:40:00 GMT

Los Gatos: Kinch is returning to Manresa — and Michelin chefs from around the world will join him A year after closing his three-Michelin-starred Manresa, celebrated chef David Kinch is returning to the Los Gatos restaurant and welcoming some of the world’s best chefs to join him for three-week residencies.Those stints will feature lavish dinners three weeks of the month that will be open to a limited number of diners.This venture, Ritual at Manresa, is a new company whose website trumpets “the legacy continues.” The 2024 lineup was announced Thursday by founders Juan and Luis Caviglia and Kinch, the culinary ambassador, and it features chefs from Asia, South America, Europe and the United States.The aim? In announcing the news, Kinch called Ritual at Manresa “a creative playground for top culinary talent to innovate and create right here in Los Gatos.”The Caviglia brothers, software entrepreneurs from Palo Alto, have been part of the culinary scene since 2021, when they starting bringing chefs from around the world to California to create dinners in priv...

Armed man spotted near Palo Alto High School; campus briefly placed under shelter-in-place order

Published Tue, 19 Nov 2024 10:40:00 GMT

Armed man spotted near Palo Alto High School; campus briefly placed under shelter-in-place order PALO ALTO — Palo Alto High School was briefly placed under a shelter-in-place order just before noon Thursday after a man was seen with a gun near campus, according to authorities.Police said the man was seen on a bike path near campus around 11:30 a.m., pointing a handgun at vehicles driving on Alma Street.Related ArticlesCrime and Public Safety | Man allegedly attacks Millbrae convenience store clerk during robbery attempt while on bail Crime and Public Safety | Alameda County DA dismisses double murder case after lawyer found second gun at crime scene Crime and Public Safety | Details of Bay Area man’s alleged slaying of wife begin to emerge Crime and Public Safety | Retired Pittsburg detective charged with attempting to kill Pleasant Hill cops Crime and Public Safety | Hanukkah menorah near Lake Merritt destroyed by vandals in latest act of anti-Semitism The decision to shelter in place came from sch...

Putin: No Ukraine peace until Russia’s goals are met

Published Tue, 19 Nov 2024 10:40:00 GMT

Putin: No Ukraine peace until Russia’s goals are met By Harriet Morris | Associated PressMOSCOW — Emboldened by battlefield gains and flagging Western support for Ukraine, a relaxed and confident President Vladimir Putin said Thursday there would be no peace until Russia achieves its goals, which he says remain unchanged after nearly two years of fighting.It was Putin’s first formal news conference that Western media were allowed to attend since the Kremlin sent troops into Ukraine in February 2022. The highly choreographed session, which lasted over four hours and included questions from ordinary Russians about things like the price of eggs and leaky gymnasium roofs, was more about spectacle than scrutiny.But while using the show as an opportunity to reinforce his authority ahead of an election in March that he is all but certain to win, Putin also gave a few rare details on what Moscow calls its “special military operation” in Ukraine.He said that a steady influx of volunteers means there is no need for a second wa...

Palo Alto High School shelter in place lifted

Published Tue, 19 Nov 2024 10:40:00 GMT

Palo Alto High School shelter in place lifted (KRON) -- A shelter in place that was ordered at Palo Alto High School earlier has been lifted, according to the Palo Alto Unified School District. Earlier, officers were in the vicinity of the school responding to reports of a man with a handgun, the Palo Alto Police Department said. Etsy to cut 225 jobs Reports indicate a male with a handgun was seen on the bike path to the rear of the school. A preliminary description of the man describes him as an adult Hispanic man with tattoos on his arms.One report indicates he was pointing the handgun at passing cars on Alma Street. Officers remain in the area, police said, however, they have not located the suspect of any additional witnesses. The event was first reported at around 11:30 a.m., police added.This is a developing story. Check back for updates.

Man arrested for felony hit-and-run of two San Mateo pedestrians

Published Tue, 19 Nov 2024 10:40:00 GMT

Man arrested for felony hit-and-run of two San Mateo pedestrians (KRON) -- A man was arrested Wednesday, one day after authorities said he hit two pedestrians in a crosswalk with a vehicle and fled the scene, according to the San Mateo Police Department.Christian ChavezLainez, 30, of Redwood City, was identified by San Mateo police as the suspected driver in a hit-and-run that occurred on Dec. 12 at the intersection of Edison Street and West Hillsdale Boulevard. Just before 9 p.m., two pedestrians were walking in a crosswalk when they were struck by a black Toyota Corolla that was being driven by ChavezLainez, SMPD said.The driver fled the scene and could not be located.KRON On is streaming live news.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }The two victims received medical attention at the scene, police said, and provided officers with a pho...