Government Provides New Aid to AIG

WASHINGTON (AP) – The government is providing new financial assistance to troubled insurance giant American International Group, including pouring $40 billion into the company in return for partial ownership. The action was announced jointly by the Federal Reserve and the Treasury Department. All told the moves boost aid to the company to around $150 billion. [...]

Circuit City Files for Chapter 11 Protection

NEW YORK (AP) – Circuit City Stores has filed for bankruptcy about a week after it said it would close 20 percent of its stores. The Richmond, Virginia-based electronics retailer has been struggling as nervous consumers spend less and credit has become tighter. It filed for bankruptcy protection on Monday. Chapter 11 protection typically allows [...]

Person Killed by Train in Oroville

A deadly train accident in Oroville Saturday. Oroville Police say an unidentified person was struck and killed by a train just after 9 AM near Montgomery and Old Ferry Road. Police say the train conductor saw the person lying on the tracks as the train rounded a corner, but that individual would not move. At [...]

Two Arrested in Chico Burglary Investigation

Chico police say an 18 year old man allegedly fell from the ceiling of a local business in a burglary case. Officers were headed to an alarm at a Main Street jewelry store Saturday night, when a witness apparently saw a man fall through the ceiling, then scramble back up. A few hours later, two [...]

Gay-rights Protests Continued across California

LOS ANGELES (AP) – The backlash to California’s new gay-marriage ban continues to sweep the state. About 1,000 protesters rallied yesterday outside an Orange County megachurch whose popular pastor brought Barack Obama and John McCain together last summer for a “faith forum.” The protesters were angered by the Saddleback Church’s support for Proposition 8. The [...]