Ex-Silicon Valley Bank VP charged with securities fraud

SAN FRANCISCO – The former vice president of Silicon Valley Bank has agreed to plead guilty to two counts of securities fraud, according to the U.S. Attorney’s Office. Mounir Gad, 34, of San Jose, was charged Wednesday, the federal agency said in a news release. Prosecutors said Gad was an investment banking professional who received […]

Map: Salt and Wonderland fire evacuations near Lake Shasta

Two wildfires that started Wednesday afternoon near Lake Shasta prompted evacuations because of their rapid spread. The Salt Fire began around 2 p.m. east of Interstate 5 near the Salt Creek Road exit. Around 6 p.m., its size was estimated at 200 acres. Evacuations were ordered for Zola Drive, Cordes Court, Solus Campground Road and […]

NCAA clears way for athlete compensation as state laws loom

By SCHUYLER DIXON DALLAS (AP) — The NCAA Board of Directors approved one of the biggest changes in the history of college athletics Wednesday, clearing the way for nearly a half-million athletes to start earning money based on their fame and celebrity without fear of endangering their eligibility or putting their school in jeopardy of […]

4 shot, including two 15-year-olds, in Little Village

CHICAGO – Four men were shot Wednesday night after someone from a vehicle opened fire in Chicago’s Little Village neighborhood. According to police, around 8:15 p.m., a dark-colored SUV approached the four walking in the 2200 block of Millard Ave. Gunfire erupted, resulting in one 15-year-old suffering a gunshot wound to the buttocks and another […]