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Intel will build $25 billion chip factory in Israel’s ‘largest investment ever’

Published Tue, 25 Feb 2025 04:20:39 GMT

By Mark Thompson | CNNThe Israeli government and Intel confirmed plans to build a $25 billion chipmaking factory in the south of the country, an investment Prime Minister Benjamin Netanyahu has described as the biggest in Israel’s history.The Silicon Valley tech giant already employs 11,700 people in Israel and has invested more than $50 billion in the country over the last 50 years.Intel now wants to expand its existing chipmaking factory at Kiryat Gat — about 16 miles northeast of Gaza — undeterred by the October 7 attacks and the ongoing war between Israel and Hamas. Reuters earlier reported the news.“Intel has chosen to approve an unprecedented investment of $25 billion and to establish its new factory right here in Israel,” Israel’s finance minister Bezalel Smotrich wrote in a post on X on Tuesday.“This investment promises to foster high-quality employment opportunities with elevated productivity in remote areas and will significantly contribute to the growth of the Israeli eco...

49ers QB Brock Purdy’s NFL MVP odds take massive shift after Christmas dud

Published Tue, 25 Feb 2025 04:20:39 GMT

Brock Purdy entered Monday night’s prime time showdown against the Ravens as the prohibitive favorite to win the league’s MVP award. In the eyes of Vegas oddsmakers, he left it as not even the most valuable player on his own team.The 49ers quarterback topped out as a -190 MVP favorite in the week leading up to San Francisco’s heavyweight matchup on Christmas Day. Against the top seed in the AFC, the 23-year-old put together his worst game as a pro, throwing four interceptions as Baltimore blew out the 49ers, 33-19.According to Fanduel Sportsbook, Purdy now has +1300 odds at winning the MVP. He’s behind the Ravens’ Lamar Jackson (-170), who sliced up San Francisco in Levi’s Stadium to become the favorite; 49ers running back Christian McCaffrey (+470), and Dolphins quarterback Tua Tagovailoa (+900). Purdy also has the same chance at winning MVP as Bills quarterback Josh Allen.49ers head coach Kyle Shanahan expressed confidence that his young quarter...

Real-life 'Grinch' steals food truck from owner on Christmas Eve

Published Tue, 25 Feb 2025 04:20:39 GMT

(KRON) -- An East Bay business owner is without a vital part of his livelihood this Christmas. Early Sunday morning, his food truck was stolen while it was parked for the night.The business owner said he was devastated to find his truck gone on the morning of Christmas Eve. He was going to use it later that night to deliver Christmas meals to people experiencing homelessness."The Grinch is out there, as we see," said Touch of Soul owner Eric Scott.What was supposed to be a day of giving turned into a loss for Scott, and his business, Touch of Soul. In addition to the food truck, Scott has a storefront in Emeryville. Two rain systems to arrive in Bay Area this week He parks the truck in Oakland. When he went to get it Sunday morning, it was gone."It's crazy that you can put so much time and so many hours in working to get something that you dreamed about, and somebody could come take it in six seconds. So, it has been devastating," Scott said.There's surveillance video of the food ...

Christmas sideshow in Oakland caught on video

Published Tue, 25 Feb 2025 04:20:39 GMT

(KRON) -- A sideshow that took place in Oakland overnight on Christmas was caught on video. In the video (watch in the player above), several vehicles can be seen doing donuts in an intersection while traffic at the approaching light is held up and pedestrians walk by. Real-life ‘Grinch’ steals food truck from owner on Christmas Eve The Oakland Police Department received reports of vehicles doing donuts in the area of MacArthur Boulevard and Fruitvale Avenue, an OPD officer told KRON4. Officers responded to the scene but did not see any vehicles related to sideshow activity, police said.No further information is available at this time.

Man stabbed on Christmas night in SF, has motorcycle stolen

Published Tue, 25 Feb 2025 04:20:39 GMT

(BCN) -- A man was stabbed and had his motorcycle stolen on San Francisco's Market Street on Christmas night, according to police. The attack and robbery was reported around 8:45 p.m. Monday in the area of Market and Sixth streets, where the 26-year-old victim was riding his motorcycle when a man approached him and tried to stab him, San Francisco police said. Armed man arrested on Christmas Eve for bothering BART passengers The victim got off the motorcycle and retreated, but when the suspect got onto it to try to steal it, the victim tried to intervene and was stabbed with a knife. The suspect then fled on the motorcycle, according to police.The victim's stab wounds are not considered life-threatening. A detailed description of the suspect was not immediately available.Anyone with information about the case is asked to call the Police Department's tip line at (415) 575-4444 or to send a tip by text message to TIP411 with SFPD at the start of the message.Copyright © 2023 Bay City...

Vallejo traffic stop led to arrest

Published Tue, 25 Feb 2025 04:20:39 GMT

(KRON) – A woman was arrested for driving without a license on Dec. 15, the Vallejo Police Department announced on Monday. A Vallejo officer witnessed a 2021 black Dodge Challenger traveling in the area of Lemon St. and Sonoma Blvd. According to police, the driving of the vehicle was consistent with driving under the influence. Los Altos commercial building to be demolished after fire After the officer conducted a traffic stop, the driver of the vehicle confirmed she was using her cell phone while driving, but not driving under the influence.According to the police investigation, the driver did not have an issued license. The driver was detained. The officer subsequently conducted an inventory search of the Challenger and found a registered firearm behind the driver's seat. According to police, the driver admitted the gun belonged to her sibling after being mirandized.    The driver was booked into the county jail. The vehicle was towed. The firearm w...

Man dies after being hit by vehicle along Reston Parkway

Published Tue, 25 Feb 2025 04:20:39 GMT

A man is dead after being hit by a vehicle in Reston, Virginia, Tuesday morning, according to authorities.Fairfax County police said they responded to the crash just before 7:15 a.m. at Reston Parkway and Stratford House Place in Reston.The man, who was a pedestrian, was taken to the hospital where he died from his injuries. The driver of the striking vehicle stayed on the scene.The southbound lanes on Reston Parkway are currently closed.Police are investigating what led up to the crash.Below is a map of where the crash took place: Source

Live updates | Netanyahu aide meets with US officials as Israel prepares to expand Gaza offensive

Published Tue, 25 Feb 2025 04:20:39 GMT

Top U.S. officials are meeting with Israel’s minister for strategic affairs at the White House amid international pressure for a cease-fire, as Israel apparently prepares to expand its ground offensive in Gaza into a third section of the territory.Palestinian refugee camps were bombarded in central Gaza on Tuesday, residents said.More than 20,900 Palestinians, two-thirds of them women and children, have been killed since the start of the war, according to the Health Ministry in Gaza, which doesn’t differentiate between civilians and combatants among the dead. About 1,200 people were killed after Hamas raided southern Israel on Oct. 7, with around 240 people taken hostage. Israel says it aims to free the more than 100 hostages who remain in captivity in Gaza.Currently: — Lose a limb or risk death? Growing numbers among Gaza’s thousands of war-wounded face hard decisions— An Israeli airstrike in Syria kills a high-ranking Iranian general— Americans beg for help getting family ou...

RayzeBio, Hollysys Automation, Manchester United rise; ZIM Integrated falls, Tuesday, 12/26/2023

Published Tue, 25 Feb 2025 04:20:39 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:Manchester United Plc (MANU), up 49 cents to $20.33The storied English soccer club agreed to sell a minority stake to British billionaire and lifelong fan Jim Ratcliffe.Hollysys Automation Technologies Ltd. (HOLI), up $1.41 to $26.93The maker of automation control systems received an updated buyout offer from a consortium led by Dazheng Group Acquisition.RayzeBio Inc. (RYZB), up $30.83 to $61.40The biotech company agreed to be acquired by pharmaceutical giant Bristol-Myers Squibb Co. Bristol-Myers Squibb Co. (BMY), down $1.09 to $51.20The big drug maker’s deal to acquire RayzeBio came just days after the company said it would buy Karuna Therapeutics for $14 billion. Stratasys Ltd. (SSYS), up $1.55 to $14.66The maker of 3D printers received an increased buyout offer from Nano Dimension of $16.50 per share in cash. ZIM Integrated Shipping Services Ltd. (ZIM), down $1.83 to $9.75Shipping compan...

True freshman Jackson Arnold takes over at QB for Oklahoma in Alamo Bowl against Arizona

Published Tue, 25 Feb 2025 04:20:39 GMT

NORMAN, Okla. (AP) — After all the hype, the Jackson Arnold era is set to begin at Oklahoma.It came a bit earlier than expected. Dillon Gabriel, the first-team Associated Press All-Big 12 quarterback, has transferred from Oklahoma to Oregon. That has left Arnold — a five-star true freshman — as the new starter heading into No. 12 Oklahoma’s Alamo Bowl matchup with No. 14 Arizona on Thursday.In 2022, Arnold was the Gatorade National Player of the Year and MVP of the Elite 11 quarterback competition. He enrolled at Oklahoma in January and participated in spring ball, helping him earn the spot as Gabriel’s backup. Sooners fans have clamored to see more of him, and now they’ll get a full dose of perhaps the next great player at a program that has featured Gabriel, Heisman winners Baker Mayfield and Kyler Murray, Jalen Hurts, Spencer Rattler and Caleb Williams in recent years.Gabriel has been one of the most productive quarterbacks in FBS history, yet the Sooners have c...