Mon12222014

News

Council seeks more options for community center

Council seeks more options for community center


Town Crier File Photo
The Los Altos City Council approved an appropriation to examine options for a new community center to replace the aging Hillview facility.

The Los Altos City Council last week voted narrowly in favor of examining further opti...

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Schools

Local schools participate in  national Hour of Code activities

Local schools participate in national Hour of Code activities


Ellie Van HOutte/Town Crier
Himan Shu Raj, a volunteer from Microsoft, advises Los Altos High ninth-graders, from left, Serhat Suzer, Jamie Bennett and Chris Yang as they participate in the school’s Hour of Code Showcase.

Local schools participa...

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Community

Take a dive into the holiday archive

Take a dive into the holiday archive

Town Crier staff made a quick cruise back through the newspaper's archives to find some late-December reading as inspiration for eating, drinking, decorating and more:

Beloved holiday books build the spirit of the season and staff at Los Altos’ Li...

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Sports

Pinewood poised for another title run

Pinewood poised for another title run


Ellie Van Houtte/Town Crier
Pinewood’s girls basketball team is receiving contributions from several new players, including freshman Stella Kailahi, above.

Complacency shouldn’t be a problem for the defending Division V state champion Pinewood S...

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Comment

Letters to the Editor

Ticket motorists for U-turns on Main Street

As I was walking downtown on Main Street recently, something came to me out of the blue. The town of Los Altos is missing out on a huge revenue stream. I realized that if all the cars – there were th...

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Special Sections

Looking Ahead

Looking Ahead


s in line to be mayor of Mountain View in 2015.

Mountain View anticipates the following changes in 2015:

• Beginning Jan. 1, Mountain View City Councilmembers will receive a raise to $1,000 per month as a result of the passage of Measure A in...

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Business

Your 2015 stock market game plan

It’s been a maddening month because of oil and gas, especially in stocks and bonds. Then, consumer spending pushed stocks higher Thursday, easing investors’ jitters about the global economy and prompting them to consider how to invest in ...

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Books

Gawande's

Gawande's "Being Mortal" proves an important book on aging


Books about death and dying are usually not on my list of “must reads.”

I couldn’t resist, however, the best-selling “Being Mortal: Medicine and What Matters in the End” (Metropolitan Books, 2014) by Atul Gawande.

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People

SANGEETA SACHDEVA

SANGEETA SACHDEVA

Sangeeta Sachdeva, 55, wife of Subhash Sachdeva and mother to Natasha and Tanya, died at 8:54pm, Sunday, December 7, 2014 from respiratory failure.

Sangeeta was born on October 18, 1959 in Delhi, India. She was born to Moti Sagar and Raj Kapoor an...

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Travel

South Tahoe renovations enhance off-mountain seasonal fun

As any enthusiast knows well, there is more to the enjoyment of winter sports than skiing or snowboarding.

While many winter resorts make minor upgrades each season, the off-mountain attractions and amenities can be as enticing as the activities on ...

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Stepping Out

Aurora Singers to emit 'Musical Glow' Friday

Aurora Singers to emit 'Musical Glow' Friday


courtesy of Aurora Singers
The Aurora Singers are scheduled to perform a seasonal concert Friday night in Palo Alto.

The Aurora Singers’ “Winter’s Musical Glow” holiday concert is set for 7 p.m. Friday at the Unitarian Universalist Church of Pal...

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Spiritual Life

Enter the superhero: Finding the God who loves you

In my life-coaching practice, I see a lot of pain. Much of it stems from fear and guilt, often expressed as low self-esteem, anxiety, a lack of forgiveness both for oneself and others, anger – and so on.

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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Stock market soars to record high

The stock market set new highs every day last week, and there shouldn’t be any speed bumps in the near term.

Declining unemployment is a big sign of improvement in the U.S. economy. The unemployment rate fell to 7.7 percent, its lowest level since 2008, and the economy added 236,000 jobs.

The Dow hit a record high of 14,165 Oct. 9, 2007, but the market lost more than half its value within 15 months. Worries remain as the March 27 deadline looms – current funding for the federal government expires, raising the specter of another shutdown battle.

Investors have been buying into the market during this week’s rally. The recovering economy and loose monetary policy by central banks around the world have pushed U.S. stocks higher this year. With the market firmly in bullish territory and economic drivers pointing upward, experts advise investors to keep 95 to 98 percent of their equity positions in the market.

Two Town Crier “50” stocks in the news:

• Yahoo Inc. (YHOO; $22.70) gave President and CEO Marissa Mayer a $1.1 million bonus in addition to her $1.1 million salary and stock compensation worth $56 million.

The board and investors rewarded Mayer for the company’s stock performance during her first five months at the helm – the stock rose from $16.54 to $22.90, a 46 percent gain. The company has hired six CEOs in five years, and most have looked outward. Mayer has concentrated on fixing internal problems.

She recently put an end to Yahoo’s work-from-home option. Approximately 200 employees worked from home, leaving empty cubicles and parking spaces at the company’s Sunnyvale headquarters. Mayer wanted workers in the office.

Since Mayer took the reins, analysts have begun to jump on the Yahoo bandwagon, with numerous analysts upgrading the stock from a hold to a buy.

• Rambus Inc. (RMBS; $5.66) has transferred a portfolio of patent assets covering display technologies to a subsidiary of Acacia Research Corp.

Rambus received an initial upfront payment and is expected to receive subsequent payments.

“The transaction enables Rambus to deliver value to our shareholders while we focus our resources and investments in other areas,” said Ronald Black, Rambus president and CEO.

The Sunnyvale-based company, founded in 1990, engages in the creation, design, development and licensing of patented innovations, technologies and architecture to digital electronic products.

Rambus’ share price has ranged between a high of $150 in 2000 to a low of $3 in 2002, with a 4:1 split in June 2000. The share price in 2010 fluctuated between $20 and $24, giving the firm a market capitalization value of $2.5 billion.

The company has lived with continuous lawsuits that determine the market price. In the past 52 weeks, the stock price has ranged between $3.78 and $6.96.

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