Trade tension between U.S. and China causes stock drop
Escalating tension between the U.S. and China regarding trade is having some impacts on the stock market. The market has taken a steep dive Monday morning, with the dow jones industrial average dropping 48 points.
Veterans assembling food pallets for Camp Fire survivors
Local veterans are assembling food pallets for Camp Fire survivors. There will be a giveaway on Saturday, May 18, at the Chico Sportsmen's Warehouse parking lot from 9 a.m to 8 p.m. The group will also provide Camp Fire survivors a tri-tip drive-thru dinner on Friday, May 17, from 4 - 7 p.m. at the Chico Veteran's Hall.
In Friday's special meeting, the Chico City Council voted to withdraw support of the Camp Fire housing bill, AB430. Friday's vote at the special meeting means that any time that AB430 is discussed in the future, Chico will not be involved in it.
Redding police arrested Shannon Sewell Sunday morning after they say he broke into the Salvation Army store on Westside Road. He is charged with commercial burglary, possession of drug paraphernalia and violating probation.
Shasta County deputies arrested Jonathan Hurtado after they said he attempted to break into homes on Bloomsbury Avenue in Shasta Lake and on Page Court. When deputies arrested Hurtado, he was in possession of a handgun and stolen property.
Butte County Sheriff's Deputies arrested Thomas Remy after they said he assaulted a 7-Eleven clerk, stole beer, broke into a car and went head-to-head with a sheriff's deputy in Oroville Saturday evening. After a short chase, deputies caught and arrested him.
U.S. warship, missile defense system head to Middle East
Another U.S. warship and a missile defense system are on the way to the Middle East. In addition to destroyers, a missile cruiser and an aircraft carrier already en route. U.S. Central Command asked for backup after reports that Iran is gearing up for an attack on U.S. forces in the region.
China taking "necessary countermeasures" after President Trump imposes tariffs
China is promising to take "necessary countermeasures" after President Trump imposed billions worth of tariffs on goods coming into the U.S. Now, some analysts said the hike could cost the American economy $62 billion by next year, which is an extra $500-800 per family.