The IPOs of SpaceX, OpenAI and Anthropic could deliver billions of dollars to California’s coffers.

We’ve seen this movie before.

In 2022, California recorded a nearly $100 billion surplus, saved just $10 billion in its rainy day fund and then spent the rest. Two years later, a $56 billion deficit loomed.

Now, with the state facing ongoing operating deficits of more than $10 billion, we’re back in familiar territory.

CHICO, Calif. — A shooting at a library in Northern California on Monday left two people dead and a suspect is in custody, according to police.

Police responded to a 911 call soon after 5 p.m. in which the sounds of gun shots and people screaming could be heard coming from inside the Chico branch of the Butte County Library, Billy Aldridge, the city’s chief of police, said during a news conference.

Once officers were inside the library, the suspect fled out of the back, he said. Additional law enforcement behind the library took the suspect into custody, according to Aldridge.

“The incident this evening was obviously very sad, traumatic for a lot of people. Very traumatic for our community,” he said.

The streets around the library were closed temporarily and a family reunification center was set up for the people who were inside the building.

A child was also taken to the hospital with a minor injury.

Aldridge said there is no serious threat to the public and law enforcement are investigating the shooting.

The police didn’t release the suspect’s name nor details on what prompted the shooting. Law enforcement said they believe the shooter acted alone.

Law enforcement are also not releasing the names of the people killed until next of kin have been notified.

The county urged the public to avoid the area and said all Butte County library branches will be closed Tuesday.

The county in a post on Facebook offered “deepest condolences to everyone affected, including the victims, their loved ones, library staff, and all those impacted by this heartbreaking incident.”

CALIFORNIA CITY, Calif. (KERO) — A 12-year-old boy is dead and another child was hospitalized after two unleashed dogs attacked a group of children at Central Park in California City on Friday, June 18.

California City Mayor Edwin Hawkins said police responded to the scene after reports that four children had been mauled.

Fernando Torres Moreno, 12, jumped into a nearby lake to escape the charging dogs. Officers pulled Fernando from the water, and he was taken to the hospital, where he died the next day.

A second child suffered serious, though non-life-threatening, dog bite wounds and has since been released from the hospital. Two additional children were shaken but did not require medical treatment.

Authorities say the dogs, both mixed breed, were off-leash but in the presence of their owner when the attack unfolded.

The investigation remains active and ongoing. No arrests have been made.

This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.

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