News Panel: State of the State, Controversy in Oakland, and more
Gov. Jerry Brown delivered more good news in an upbeat State of the State address, thanking lawmakers, voters and others for making tough decisions to balance the budget. The governor described his long term vision for revamping education funding and revising the state's environmental law. He also promoted the construction of high-speed rail and a controversial plan to build tunnels to transport water from north to south.
The Oakland City Council approved the hiring of police consultant William Bratton after a heated meeting that drew hundreds from the community and lasted more than nine hours. Previously chief of the LAPD and NYPD, Bratton is known for aggressive tactics, including the highly controversial "stop and frisk" policy which has raised concerns over civil rights and racial profiling. Oakland is the most violent city in the state, with a 23 percent increase in serious crime in 2012.
Apple Inc. reported a $13 billion profit in the fourth quarter of 2012, bringing last year's total profit to over $40 billion. But the maker of the highly popular iPads and iPhones found investors still hedging their bets, with a marked drop in the price of the company's stock.
- John Myers, News10 KXTV ABC Sacramento
- Matthai Kuruvila, San Francisco Chronicle
- Jolie O'Dell, VentureBeat
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