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California layoffs jump 60% to 27-month high

Published Wed, 25 Dec 2024 17:25:29 GMT

California bosses laid off 236,000 workers in March, a 60% jump from the average pace of job cuts in the previous 12 months.The jump in workers’ involuntary departures to the fastest pace since December 2020 was found in my trusty spreadsheet’s review of the federal government’s monthly Job Openings and Labor Turnover Survey. The report, dubbed “JOLTS” by economists, tracks what’s moving the job market.March’s layoffs are nowhere near the historic 1.5 million cuts of March 2020 amid coronavirus lockdowns. However, it’s a noteworthy spike that follows months of high-profile job cuts, notably in California’s technology industries and several eye-catching bank failures.The bump in worker discharges is also a warning signal that the Federal Reserve’s year-long attempt attempts to cool an overheated economy with soaring interest rates are making bosses antsy.California’s March layoffs are 25% larger than the monthly average in pre-pandemic 2015-19, what’s considered a healthy economic pe...

Seeing elephant up close in natural habitat a wish come true for Bay Area elderly woman

Published Wed, 25 Dec 2024 17:25:29 GMT

A visit to the circus as a young child secured Brenda Kennedy’s love for elephants some 75 years ago, but she never thought she would be able to see them up close and personal in a natural habitat.“I remember seeing the elephants in chains at the circus in Los Angeles,” the 83-year-old Danville resident recalled. “They used to chain them to the spikes outside the tent and keep them there, and I was very upset that they were chained. My dad told me that this is a new town and they don’t want them to get lost.”Years later, Kennedy would head to the zoo, making a beeline to the elephant exhibits to watch the highly intelligent pachyderms, each time noting the differences among them.“God made us all different, and he made them different, too,” she said. “You stand by one and say, my gosh, it is different from this guy.”But it wasn’t until recent weeks that her wish would come true to visit with the highly sensitive and caring creatures when a friend surprised her by submitting a request...

Accused Bob Lee killer Nima Momeni due in court today

Published Wed, 25 Dec 2024 17:25:29 GMT

SAN FRANCISCO (KRON) -- Nima Momeni, the accused killer of Cash App founder Bob Lee, is due in court for his arraignment Thursday morning. This will be Momeni's third court appearance for an arraignment.The first two times Momeni was due in court, there was no arraignment because both parties weren't ready. Momeni is accused of stabbing Lee to death in the early hours of April 4 in a well-to-do enclave of San Francisco not far from the Bay Bridge. Why did California doctor drive family over cliff in Tesla at Devils Slide? Momeni was arrested eight days later at his Emeryville loft.Prosecutors say the two men knew each other and that Momeni stabbed Lee and then drove away in his BMW. Earlier that evening, Lee had been socializing with Momeni's sister, Khazar Elyassnia.Momeni's defense attorney, Paula Canney, maintains her client is innocent and is expected to ask that he be released on bail. She says that fact that her client didn't try to flee shows he is innocent. Momeni has no p...

NBA Playoffs: Jimmy Butler remains hot, and Heat top Celtics in Game 1

Published Wed, 25 Dec 2024 17:25:29 GMT

Jimmy Butler’s stellar postseason run continued, and the Miami Heat still look nothing like a No. 8 seed.Butler had 35 points, seven assists, six steals and five rebounds, and the Heat — a team that almost was eliminated in the play-in round — struck first in the Eastern Conference finals by topping the Boston Celtics 123-116 in Game 1.Butler is averaging 31.5 points, 6.5 rebounds, 5.5 assists and 2.1 steals in these playoffs on 52% shooting. The only player to do all that in a single postseason while shooting at least 50% is Michael Jordan — who pulled it off twice. (That doesn’t count Kawhi Leonard, who did it this year but appeared in only two playoff games.)Miami improved to 9-3 in the playoffs. The other nine No. 8 seeds in the last five seasons combined for a total of 10 wins.WHAT’S NEXT?Denver will aim for a 2-0 lead in the Western Conference finals on Thursday. Game 2 in the East title series will be played in Boston on Friday.HOW TO WATCH— The Western Conf...

Katie Taylor faces Chantelle Cameron in Ireland homecoming title fight

Published Wed, 25 Dec 2024 17:25:29 GMT

DUBLIN (AP) — Ireland’s favorite athlete has the homecoming she’s always wanted.Katie Taylor has fought in London, New York, Philadelphia and Boston but never in Ireland during her professional career.The 3Arena in Dublin is sold out — no surprise there after Taylor and Amanda Serrano packed Madison Square Garden a year ago. And Dublin Castle — last in the international headlines for a dinner banquet celebrating U.S. President Joe Biden’s visit — hosted the final news conference before Taylor challenges Chantelle Cameron on Saturday.The 36-year-old Taylor is trying to become a two-weight undisputed champion by stepping up to her British opponent’s 140-pound super-lightweight division. The Olympic champion with legions of Irish fans around the world finally has a pro fight on home soil.“The atmosphere is going to be electric. It’s been a long time coming,” said Taylor (22-0, 6 KO), the lightweight champion who won a gold medal at the 2012 London Olympics.Elect...

Inter still highly motivated with treble in play as it visits new Serie A champ

Published Wed, 25 Dec 2024 17:25:29 GMT

MILAN (AP) — Even though it has reached the Champions League final, Inter Milan isn’t certain yet of playing in the Champions League next season.The top four in Serie A qualify. Inter is third, and five points clear of fifth-placed AC Milan.Inter can secure a berth on Sunday if it can go to Naples and beat new Serie A champion Napoli, and other results go its way.Inter ought to be far more up for the game than Napoli.Napoli was the champion-in-waiting for months and finally clinched the title two weeks ago. Amid the celebrations, it has won one game and drawn one and there are likely to be more partying scenes at Stadio Diego Armando Maradona.There are few goals left for Napoli. It’s still possible for Luciano Spalletti’s team to break Napoli’s record season tally of 91 points under Maurizio Sarri in 2018, as the club has 83 points with three matches to play.But it’s hard to see the new champions going all out for a mere points record, while Inter has a...

1 dead after being struck by truck in Northwest, prompting H Street closure

Published Wed, 25 Dec 2024 17:25:29 GMT

Get the WTOP Traffic Center’s latest updates on the 8s and when its breaks.A man is dead after being struck by a truck in Northwest D.C. on Thursday morning, police tell WTOP.It happened at the intersection of 4th and H Street Northwest just before 7:30 a.m., according to D.C. police. The 400 Block of H Street, NW is closed until further notice.The man was taken to a hospital where police tell WTOP he later died.The driver remained on scene, according to D.C. police.Here’s a map of where police said the crash happened. Source

Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public

Published Wed, 25 Dec 2024 17:25:29 GMT

HONG KONG (AP) — Alibaba plans to spin-off of its cloud computing business and said Thursday that its logistics and grocery units will explore initial public offerings as the Chinese e-commerce company kickstarts a restructuring of its operations in hopes of spurring growth.The company in March announced plans to reshape itself into six business divisions with plans to allow all but its core e-commerce business to raise external capital and go public. In an earnings call Thursday, Alibaba CEO Daniel Zhang said that the Alibaba plans to fully spin off its cloud computing unit and complete a public listing in the next 12 months, allowing it to “optimize operations,” Zhang said.Alibaba’s board of directors approved the full spin-off of the cloud computing unit via a stock dividend distribution to shareholders, the company said.Zhang also said that Freshippo, its groceries arm, as well as logistics arm Cainiao, are “ready to go public.”Alibaba’s board has approved plans to begin Freship...

Today in Sports – Lucy Li becomes youngest player to qualify for the U.S. Women’s Open at 11 years

Published Wed, 25 Dec 2024 17:25:29 GMT

May 191909 — In his first title defense Jack Johnson fights ‘Philadelphia’ Jack O’Brien to a no decision in 6 rounds in Philadelphia, Pennsylvania to retain his world heavyweight crown.1910 — Cy Young, the career leader in major league victories, wins No. 500 as the Cleveland Indians defeat Washington 5-4 in 11 innings.1923 — Zev, a 19-1 long shot ridden by Earl Sande, wins the Kentucky Derby by 1½ lengths over Martingale.1935 — NFL adopts an annual college draft to begin in 1936.1962 — Stan Musial breaks Honus Wagner’s NL hit record with 3,431.1965 — West Ham United of England win 5th European Cup Winner’s Cup against 1860 München of West Germany 2-0 in London.1973 — Secretariat, ridden by Ron Turcotte, rallies from last with a powerful move on the clubhouse turn to win the Preakness Stakes by 2½ lengths over Sham. There is controversy over the timing of the race as original teletimer time was 1:55 for the 1 3/16-mile race. Pimlico amends it to 1:54 2/5, two days later.1974 — The P...

Arvada West High School accidentally placed on lockdown

Published Wed, 25 Dec 2024 17:25:29 GMT

DENVER (KDVR) -- The Arvada Police Department says a high school was accidentally placed on lockdown on Thursday morning.The accidental lockdown happened at Arvada West High School. Police discover weapons, drugs after disarming man of modified BB gun APD said there is no emergency at the school, but officers and the Jeffco Schools Safety Team is at Arvada West to follow procedures to lift the lockdown.What happens during a lockdown?According to Jeffco Schools, this is what happens during a lockdown:Students need to move away from sight, maintain silence, do not open the doorAdults need to recover students from hallway, if possible, lock the classroom door, turn out the lights, move away from sight, maintain silence, do not open door, prepare to evade or defendIf you ever have a concern or are threatened, you can report a tip to Safe2Tell.