FIRE IN SANTA CLARA!!! SANTA CLARA - A four-alarm fire broke out at a recycling plant in Santa Clara Wednesday afternoon. The
blaze was reported around 12:30PM at ECS Refining at 705 Reed Street
and sent a large plume of black smoke over the South Bay. A
shelter in place alert was sent to residents in the area because of the
smoke from burning piles of scrap electronic components. No injuries were reported. The cause of the fire is under investigation.
Silicon Valley stocks hit all-time high 10 years ago today SAN JOSE -- Silicon Valley tech workers are reflecting on the dot-com bubble this morning.
If it's possible to measure enthusiasm, it was exactly 10 years ago that Silicon Valley hit its apex.
It was a Friday, and the NASDAQ closed at 5,048.62, all all-time high.
The Valley was flush with cash, the freeways were choked with young millionaires, and there was a sense that the Internet would change everything.
By March 10, 2001, the value of the NASDAQ had been chopped in half, and more than 100,000 tech workers had lost their jobs.
Their fate was impossible to see at the top of the bubble, where we stood just 10 years ago today.
San Jose man gets 2 years for hiding nephew from police
SAN JOSE -- One of the accomplices in a high profile murder trial in
San Jose was sentenced this week to two years behind bars.
Prosecutors could have pushed for three years in prison, but said
the man had cooperated in the investigation, and was helpful in solving
the case.
Javier Olalde helped cover up his nephew's whereabouts, in the
days following the murder of San Jose shopkeeper Vahid Hosseini.
Special Reports on 1590 KLIV
1590 KLIV spends time every week examining in-depth issues affecting Silicon Valley, and presents those issues in our Special Reports series. These reports air every hour.
This week KLIV's Jason Bennert previews the upcoming season at some of Silicon Valley's arts organizations.
Click here for Monday's report.
Click here for Tuesday's report.
Click here for Wednesday's report.
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Click here for Friday's report.
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