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California reminder: Tax filing deadline, for most, shifts to October

Published Fri, 21 Feb 2025 18:14:18 GMT

Just eight days remain until the traditional tax filing deadline, but most Californians can take a breather and wait it out.Why? Storms, wildfires and flood damage late last year and into early 2023 extended the tax filing deadlines for most Californians.The new deadline of Oct. 16 applies to California and federal individual and business tax returns and payments. The Franchise Tax Board said taxpayers who suffered financial losses to storm damage are eligible to claim those losses on their tax returns.The IRS said the extension includes most 2022 individual and business returns originally due April 18. Other business returns, normally due on March 15 and April 18, and returns of tax-exempt organizations typically due on May 15, also were extended.Related ArticlesBusiness | IRS vows to audit more wealthy folks, provide better service Business | Letters: Homeless sweep | Others’ money | UC fixes | Letter misleads | Climate change aid Business | ...

McManus: Get ready to add criminal trials to Trump campaign chaos

Published Fri, 21 Feb 2025 18:14:18 GMT

The calendar for the 2024 presidential campaign just became a lot more complicated.Not the primary calendar. The trial calendar.Last week, former President Donald Trump was arraigned in Manhattan on felony charges stemming from a hush money payment to a porn star.Given the Dickensian pace of court proceedings in New York, Trump’s trial won’t begin until next year, right in the middle of the election campaign.His lawyers are expected to file motions challenging the case in August, just in time for the first GOP presidential debate. Those preliminary battles could go all the way to the Supreme Court.That isn’t the only potential train wreck on the horizon.Trump faces three more possible indictments: a Georgia prosecution based on his attempts to reverse that state’s 2020 election result; federal charges over his hoard of classified documents at Mar-a-Lago; and charges stemming from his role in the Jan. 6, 2021, plot to stop Congress from certifying Joe Biden...

Opinion: Expelled Tennessee lawmakers demonstrate political bravery

Published Fri, 21 Feb 2025 18:14:18 GMT

The churn of local politics rarely makes national news unless the outlet happens to be C-SPAN, but headlines, history and careers were made during proceedings at Tennessee’s State Capitol on Thursday when a GOP supermajority voted to expel two of three Democratic legislators for their participation in a gun control rally.In a brazen act of political retribution, Democratic Reps. Justin Jones, Gloria Johnson and Justin Pearson were accused of “violating decorum rules” for their part in a protest last week on the House floor following a mass shooting at a private school in Nashville where six people — including three 9-year-olds — were slain. Jones and Pearson, who are Black, were expelled by the Republican legislators. Johnson, who is White, was not. And it was all caught on live feeds from the chamber and local news outlets.The vote was stunning, even now, when defying the rule of law is practically a badge of honor among many right-wing leaders. The ousting was so brazen it could h...

Coming soon

Published Fri, 21 Feb 2025 18:14:18 GMT

Opportunity awaits at this 1940s fourplex, which has been taken care of lovingly by the same owners for over 80 years.This property in Alameda is near parks, shopping and dining. Each unit includes one bedroom and one bathroom, featuring updated kitchens with quartz countertops and bathrooms, remodeled in 2015, as well as a new roof (3-2023), exterior paint (3-2023) and new sewer lateral (3-2023).Two units are on the lower level and two units on the second floor, as well as dedicated parking in the back. Plus, there is space to possibly build two accessory dwelling units (ADUs) in the back!Located in Central Alameda, this versatile property is near parks, dining, shopping, award-winning schools and other great amenities.Location: 1609 Santa Clara Avenue, AlamedaPrice: $1,499,000Listing agent: Wendy Sanda, Realtor DRE # 00685675 (510) 331-0963 [email protected] provided by: Berkshire Hathaway HomeServices Drysdale Properties.BHHSDrysdale.com

CarMax: Fiscal Q4 Earnings Snapshot

Published Fri, 21 Feb 2025 18:14:18 GMT

RICHMOND, Va. (AP) — RICHMOND, Va. (AP) — CarMax Inc. (KMX) on Tuesday reported fiscal fourth-quarter net income of $69 million.The Richmond, Virginia-based company said it had profit of 44 cents per share.The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.The used car dealership chain posted revenue of $5.72 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $5.87 billion.For the year, the company reported profit of $484.8 million, or $3.03 per share. Revenue was reported as $29.68 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMX at https://www.zacks.com/ap/KMXSource

ANÁLISIS | Las payasadas de fin de semana de Elon Musk solo podrían desmoronar aún más el valor de marca de Twitter

Published Fri, 21 Feb 2025 18:14:18 GMT

Nueva York (CNN) — Bajo el mandato de Elon Musk, Twitter se ha enemistado con varias de las principales organizaciones de noticias al etiquetarlas como medios financiados por el Estado, parece haber suavizado las restricciones a las cuentas del gobierno ruso y ha hecho bromas groseras en la fachada de su sede y en el propio nombre de Musk para mostrar en Twitter.Y eso solo este fin de semana.Las payasadas de Musk, que parecen haberse intensificado este mes, amenazan con erosionar aún más el valor de la marca Twitter. Durante meses, la empresa ha luchado por retener a los anunciantes y complementar su decreciente negocio publicitario -que anteriormente suponía el 90% de sus ingresos anuales- convenciendo a los usuarios para que paguen por su servicio de suscripción Twitter Blue.Musk, que tiene que hacer grandes pagos a los prestamistas tras comprar la empresa por us$ 44.000 millones, incluida una importante deuda, debe convencer a los anunciantes indecisos para que vuelvan a la...

La transmitió en vivo: revelan detalles de masacre en un banco en Louisville

Published Fri, 21 Feb 2025 18:14:18 GMT

Un empleado bancario de Louisville armado con un rifle abrió fuego en su lugar de trabajo el lunes por la mañana y mató a cinco personas, incluido un amigo cercano del gobernador de Kentucky, mientras transmitía el ataque en vivo en Instagram, dijeron las autoridades.Meta, la empresa propietaria de Facebook e Instagram, dijo en un comunicado que “eliminó rápidamente la transmisión en vivo de este trágico incidente esta mañana”.En Louisville, la jefa policial identificó al agresor como Connor Sturgeon, de 25 años, e hizo notar que estuvo transmitiendo en vivo durante el ataque dentro del Old National Bank.“Es trágico saber que ese incidente fue difundido y captado en vivo”, manifestó  Jacquelyn Gwinn-Villaroel. “Fue un acto malvado de violencia selectiva”: alcalde sobre tiroteo de empleado a su banco Tiroteo en un banco de Louisville deja 5 muertos y 8 heridos Las víctimas fueron identificadas como Joshua Barrick de ...

ANÁLISIS | Tres grandes riesgos que tienen en vilo a la industria bancaria

Published Fri, 21 Feb 2025 18:14:18 GMT

(CNN Business) — Ha pasado un mes desde que Silicon Valley Bank colapsó, disparando alarmas en los pasillos de las finanzas globales.El pánico inicial se ha convertido en un estado de tensión más tolerable. Todos podemos respirar hondo, sabiendo que nuestro dinero está seguro y que los bancos tienen las herramientas que necesitan, cortesía del gobierno federal de Estados Unidos, para capotear la tormenta.“Pasamos de luces rojas intermitentes a luces amarillas intermitentes”, me dijo recientemente Mike Mayo, analista bancario sénior de Wells Fargo. “Creo que es hora de hiperconciencia y vigilancia de cualquier otra cosa” que podría socavar aún más la confianza.Los reguladores y los inversionistas ciertamente están en alerta máxima. Y no tienen que buscar demasiado para encontrar cosas de las que preocuparse.Esto es lo que pasó: las señales de alerta de SVB (su crecimiento vertiginoso, la gestión de riesgos laxa y la dependencia excesiva de los depósitos no asegurados, entre otr...

Arvada Police: Beware of wallet thieves at local stores

Published Fri, 21 Feb 2025 18:14:18 GMT

ARVADA, Colo. (KDVR) — Arvada Police are sharing a warning about two thieves who have targeted unsuspecting shoppers in local stores.   The thieves are using an old tried and true trick of grabbing a shopper’s valuables when the shopper isn't looking. In one case, investigators said the thieves allegedly stole a shopper’s credit card and quickly went on a $10,000 shopping spree.Police have released a security video of the thieves, two women, in action at a Costco store on Wadsworth Boulevard. Police searching for drivers in multiple hit-and-run crashes The video shows the pair casually walking through the store. Then, when a shopper turns their back and leaves their cart unattended, the thieves move in.The video shows the thieves grabbing a wallet and valuables from the cart. Other images from security cameras show close-ups of the women either entering or leaving the store.     Police need help to identify these women who are wanted for allegedly stealing wallets from local store...

3 Colorado distilleries win at World Whiskies Awards

Published Fri, 21 Feb 2025 18:14:18 GMT

DENVER (KDVR) -- The winners of the 2023 World Whiskies Awards were recently announced after three rounds of taste judging.“Firstly, I must send my sincerest gratitude to everybody who made this year’s awards possible, in particular our panel of expert judges. This was an incredibly strong year across all of the categories and there were worthy winners all across the globe. It is an honor to celebrate this among so many of the industry’s finest people and long may the industry as a whole continue to thrive for many years to come,” awards director Anita Ujszaszi shared in a release. 20 top-rated whiskey bars in Denver metro, across Colorado Some Colorado distilleries came away with accolades.Breckenridge DistilleryOne of those distilleries was Breckenridge Distillery, which was awarded with three separate awards.Best American blended- High Proof Bourbon WhiskeyBest American blended limited release- Collector Art SeriesBest American blended malt- Two Clans Blended Whiskey“We're hon...