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Morning Wrap: 2/27/13

Wednesday, February 27, 2013

PG&E to spend $1.2 billion on San Francisco’s power grid, suspicion grows that off-shore distress call was a hoax, Larry Ellison buys an airline to go with his island, more.

  • The Raiders aren’t talking about reports that they’ve discussed bringing aboard former Packers and Seahawks coach Mike Holmgren in some as yet unspecified front office role with the organization. Chronicle
  • The Coast Guard has called off the search for a sea-stranded family off the Monterey coast amid growing concerns that the distress call that garnered national attention may have been a hoax. Mercury News
  • Oracle billionaire CEO Larry Ellison, who earlier bought the Hawaiian island of Lanai, has bought Island Air, an airline that offers 224 weekly flights, including to Lanai. AP
  • PG&E says it will spend $1.2 billion in the next five years upgrading San Francisco’s aging power grid, where equipment failures have embarrassed the utility. Chronicle
  • That Oakland couple bicycling across South America and considered missing since late January turned up safe in Peru. KTVU 2
  • Facebook won approval from Menlo Park to build its new campus to be designed by architect Frank Gehry on 22 acres and to feature a rooftop park. Mercury News 
  • Sausalito residents are reporting a spike in burglaries. Marin IJ
  • A new report shows California, which has more incarcerated youth than any other state, has the 11th-highest youth confinement rate. Mercury News
  • San Carlos became the latest Bay Area city to outlaw plastic carryout bags. Mercury News
  • The Warriors were beaten on the court at Indiana 108-97, but managed to hold their own in a fracus involving a dozen or more players mid-way through the fourth quarter. Chronicle

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