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San Francisco Mayor Breed pushing to end 'exclusionary' housing rules

Published Sat, 22 Feb 2025 08:16:34 GMT

SAN FRANCISCO (KRON) -- San Francisco Mayor London Breed announced new legislation Monday that will make it easier to build new housing along commercial corridors and the Westside of the city.The tech-centric city is grappling with a large number of empty commercial buildings while tech workers continue working remotely and large retailers close up shop. At the same time, the city has sky-high rent prices, a housing stock shortage, a homeless crisis, and a public image problem.The Mayor's Office is trying to cut back red tape that blocked home builders for decades. By eliminating arbitrary residential density limits in mixed-use commercial districts, Breed said her proposal will create new housing in neighborhoods across the city."These arbitrary restrictions are hurting our ability to meet the housing needs of our city. Housing for All requires us to get to the heart of everything that is slowing and stopping housing in the city," Breed said.The legislation announced Monday is part...

AP PHOTOS: Ukraine insists battle for Bakhmut is not over

Published Sat, 22 Feb 2025 08:16:34 GMT

Despite Russian claims to have captured the Ukrainian city of Bakhmut, top military leaders in Ukraine insist the grinding nine-month battle there is not over.Although Ukraine now controls only a small part of the city, Kyiv says its troops played a key role in the strategy of exhausting Russian forces and will carry on fighting. Tens of thousands of soldiers on both sides have died.Satellite imagery shows infrastructure, apartment blocks and buildings reduced to rubble from relentless artillery attacks.A Russian state TV report from the smoldering city showed Russian fighters yelling “Victory!” and placing two flags — the Russian tricolor and the black flag of the private military contractor Wagner — atop a tall, partly destroyed building.The flags were mounted “so that everyone could see them,” the correspondent said, even though the bombed-out, deserted 400-year-old city looks like a ghost of itself after the longest and bloodiest battle of the war.For Ukraine, the important fact...

Remark Holdings: Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 08:16:34 GMT

LAS VEGAS (AP) — LAS VEGAS (AP) — Remark Holdings, Inc. (MARK) on Monday reported a loss of $8.2 million in its first quarter.On a per-share basis, the Las Vegas-based company said it had a loss of 63 cents.The global digital media company posted revenue of $826,000 in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MARK at https://www.zacks.com/ap/MARKSource

Stock market today: Stocks are mixed as Wall Street waits to hear on Washington

Published Sat, 22 Feb 2025 08:16:34 GMT

NEW YORK (AP) — Stocks drifted to a mixed finish Monday, as Wall Street waited for the results of a pivotal meeting meant to avoid a potentially disastrous default on the U.S. government’s debt.The S&P 500 was at a virtual standstill after flipping between small gains and losses through the day. It edged up by 0.65, or less than 0.1%, to 4,192.63. The Dow Jones Industrial Average fell 140.05 points, or 0.4%, to 33,286.58, and the Nasdaq composite rose 62.88, or 0.5%, to 12,720.78.The stock market is near its highest level since August, but it’s been mostly remaining within a tight range for weeks as several big worries weigh. The biggest near-term risk is the possibility of a U.S. default, something that could occur as soon as June 1.That’s when Washington could run out of cash to pay its bills, unless Congress allows it to borrow more. Because Treasurys are seen as the safest investment on Earth, economists and investors say a default would likely trigger a recession for ...

Business Highlights: Debt crisis roils Washington; Meta fined record $1.3 billion by EU

Published Sat, 22 Feb 2025 08:16:34 GMT

___ What it would mean for the global economy if the US defaults on its debtWASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world. Orders for Chinese factories that sell electronics to the United States could dry up. Swiss investors who own U.S. Treasurys would suffer losses. Sri Lankan companies could no longer deploy dollars as an alternative to their own dodgy currency. Moody’s Analytics has concluded that even if the debt limit were breached for no more than week, the U.S. economy would weaken so much, so fast, as to wipe out 1.5 million jobs.___Meta fined record $1.3 billion and ordered to stop sending European user data to USLONDON (AP) — The European Union has slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring users’ personal...

How major US stock indexes fared Monday 5/22/2023

Published Sat, 22 Feb 2025 08:16:34 GMT

Stocks drifted to a mixed close as Wall Street waited to see whether a pivotal meeting later in the day will help the U.S. government avoid a potentially disastrous default on its debt. The S&P 500 closed little changed Monday. The Dow slipped 0.4% and the Nasdaq rose 0.5%. Big Tech was continuing its strong run for the year so far, including Meta Platforms. Even a record fine from the European Union couldn’t slow it. Micron Technology was on the losing end after China accused its products of risking national security amid high tensions between Washington and Beijing.On Monday:The S&P 500 rose 0.65 points, or less than 0.1%, to 4,192.63.The Dow Jones Industrial Average fell 140.05 points, or 0.4%, to 33,286.58.The Nasdaq composite rose 62.88 points, or 0.5% to 12,720.78.The Russell 2000 index of smaller companies rose 21.67 points, or 1.2%, to 1,795.38.For the year:The S&P 500 is up 353.13 points, or 9.2%.The Dow is up 139.33 points, or 0.4%.The Nasdaq is up 2,254.29 poi...

Michael Malone one of least liked NBA coaches, survey says

Published Sat, 22 Feb 2025 08:16:34 GMT

DENVER (KDVR) -- It makes very little difference how well the team performs - National Basketball Association fans have mainly negative views of coaches.Sports Gambling site Betway combed through millions of tweets to see which NBA coach is the most loved - or the least hated, at least. Nuggets could be headed to NBA Finals for 1st time ever Perhaps unsurprisingly, negative opinions online are far more common than positive ones. The league's most loved coach is the Indiana Pacers' Rick Carlisle, about whom 30.9% of tweets were positive - meaning over two-thirds were negative for even the most popular coach in the league. However, this comparatively positive assessment comes with a caveat - Carlisle only had 2,421 tweets about him in the past 12 months, the lowest amount of any coach in the comparison.Apparently, a winning record makes little difference in the public's perception of the coach. The Denver Nuggets could be headed to the NBA Finals for the first t...

Are Nuggets tickets for the NBA Finals on sale yet?

Published Sat, 22 Feb 2025 08:16:34 GMT

DENVER (KDVR) -- The Denver Nuggets were up 3-0 against the Los Angeles Lakers going into Monday's Game 4 of the NBA Western Conference finals, meaning the team is only one win away from the NBA Finals.This has led some people to speculate -- and hotly anticipate -- that the Nuggets could soon be making history in a first-ever finals appearance. Nuggets could be headed to NBA Finals for 1st time ever Even though the future is uncertain, you might be wondering if you can already buy tickets to a game before it's announced.Are NBA Finals tickets on sale?Yes, sort of.Because the conference finals aren't over, there are no set dates or times. This also means there isn't a set opponent yet, but if they do go to the finals, they will play against either the Miami Heat or the Boston Celtics.But with the way the NBA Finals are structured, it is guaranteed that if Denver does pull off four total wins against the Lakers, at least two finals games will be played in the Mile High City. 11 t...

Bar employee accused of sexually assaulting transgender woman in Miami bar

Published Sat, 22 Feb 2025 08:16:34 GMT

A male employee at Sweet Caroline Karaoke Bar was taken into custody after, police said, he sexually assaulted a transgender woman in a bathroom.Luigi Andre Cavani, 25, faces charges of sexual battery, according to an arrest report from the City of Miami Police Department.The 31-year-old victim stated that she entered the restroom alone when Cavani allegedly grabbed her hand and forcibly pulled her into a single-stall bathroom, proceeding to unbutton her pants.According to the report, the victim repeatedly told Cavani to stop and attempted to push him away. Later, the victim’s friends confronted Cavani, to which he reportedly responded, “I’m sorry, I thought it was cool.”Following the victim’s report of the sexual assault, Cavani voluntarily visited a police station and informed officers that he believed the encounter had been consensual. He also expressed his intention to clarify what had transpired on Friday night, emphasizing that he would never enga...

Woman arrested for DUI, causes serious injuries to children on their way to celebrate kindergarten graduation

Published Sat, 22 Feb 2025 08:16:34 GMT

FROSTPROOF, FLA. (WSVN) – A 32-year-old woman from Orlando, identified as Ashauntie Cox, was arrested on Friday, May 19, after causing serious bodily harm to two children in her vehicle while fleeing from two crashes and driving under the influence. The incident occurred as the family was on their way to celebrate a 5-year-old’s kindergarten graduation.According to witnesses and information gathered during the investigation, the first crash took place around 8:00 p.m. on US Hwy 27 at the intersection with US Hwy 98 near Frostproof. Cox, who was driving a blue Kia southbound on Hwy 27, collided with a grey Chevy Silverado pickup truck before attempting to flee the scene at a high rate of speed. As she recklessly continued down Hwy 27, weaving through traffic, she rear-ended a 2016 Honda CRV while trying to overtake it and the adjacent vehicle. Both the Honda CRV driver and Cox were traveling in the same direction. The driver of the CRV was treated and released with minor ...