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Silicon Valley is “stabilizing” as tech layoffs wane: top real estate exec

Published Mon, 24 Feb 2025 04:30:02 GMT

SAN JOSE — The owner of San Jose’s Santana Row is seeing optimistic signs for the company’s retail, restaurant, office and housing business — including stability for the Silicon Valley economy — as tech layoffs start to fade.The encouraging outlook includes the iconic Santana Row mixed-use complex, executives with Federal Realty Investment Trust, said during a conference call with Wall Street analysts to discuss the company’s second-quarter financial results. Federal Realty is the principal owner and developer of Santana Row.“It feels like Silicon Valley is stabilizing,” Donald Wood, Federal Realty’s chief executive officer, said Wednesday during the conference call.The hopeful signs have emerged primarily because the pace of tech layoffs has dramatically decreased in the Bay Area and Silicon Valley, according to Wood.The improving picture for the tech industry and high-tech jobs has also brightened the prospects for the brand-ne...

49ers QB coach Griese on Purdy’s recovery and the challenge of juggling four quarterbacks

Published Mon, 24 Feb 2025 04:30:02 GMT

SANTA CLARA — Four is a crowd?Brian Griese, who coaches quarterbacks for the 49ers, doesn’t seem to think so.Players had the day off Wednesday, but through their first six practices the 49ers have given presumptive starter Brock Purdy the most work in full-team periods with 88 snaps (all with the first team), with Trey Lance getting 80, Sam Darnold 76 and — surprise — Brandon Allen 48.That is with Purdy sitting out two practices as he remains on a “pitch count” following UCL surgery last March 10.Although players were off, the 49ers made some assistant coaches available to speak with reporters, giving position coaches such as Griese a voice on how their units are faring.“You’d always want to have more reps,” Griese said. “I think it’s a great challenge that we have a lot of guys that are getting better and we’ll do the best we can with that.”Although no one has come out and said it, Purdy is the obvious st...

Four face felony gun charges in Oakland illegal casino bust; police say one man was armed lookout

Published Mon, 24 Feb 2025 04:30:02 GMT

OAKLAND — The Alameda County District Attorney’s Office has filed felony gun possession charges against four men who were arrested during a raid on an illegal casino in Oakland, court records show.The four men, all Bay Area residents aged 19 to 23, were charged with illegal gun possession or illegal firearm activity in the five-count felony complaint. All four have since been released from jail, either on bail or on their own recognizance, court records show.They were arrested July 5 during an Oakland police raid on a suspected gambling establishment inside a residence on the 2300 block of East 16th Street, court records show. As police were casing the home, they observed a 20-year-old Fremont man “loiter in front of the residence while looking up and down the street, behavior consistent as acting as a ‘lookout’ for the casino,” a detective said in court filings.Police seized three guns, several magazines, undisclosed amounts of cash, pay/owe ledg...

Student found unresponsive at San Jose pool has died: police

Published Mon, 24 Feb 2025 04:30:02 GMT

(KRON) -- A student who was in the hospital after being found unresponsive Monday in a pool on a San Jose elementary school campus has died, the San Jose Police Department said. The student was in the summer program at Harker School, a K-12 college prep school, Harker's Head of School Brian Yager told KRON4.The student was floating in the pool on the school's lower school campus, which serves students from kindergarten through grade 5. Lifeguards and the school nurse performed CPR until paramedics arrived, Yager said. Police seek public’s help in locating missing Saratoga teen SJPD responded to a report of a juvenile student who was unresponsive at the school, which is located in the 4300 block of Bucknail Road. First responders rendered aid and the student was transported to the hospital in critical condition.On Wednesday, SJPD was notified that the juvenile did not survive.The school will be providing counseling services for campers, students and staff. Summer camp has been canc...

2 arrested, 9 victims recovered or ID'd in Contra Costa County DA, FBI human trafficking probe

Published Mon, 24 Feb 2025 04:30:02 GMT

(BCN) -- Contra Costa County District Attorney Diana Becton announced Wednesday officers arrested two men for human trafficking and recovered or identified nine victims in Contra Costa County, including one juvenile. The arrests by the Contra Costa Human Trafficking Task Force were made as part of Operation Cross Country, a nationwide effort last month to put a dent in human trafficking. Three separate operations took place in Contra Costa County from July 19 to Sunday, leading to the arrest of a 24-year-old man from Oakland and a 33-year-old man from Sacramento. "This crime is a real problem here in California," Becton said during a news conference at her Martinez office. Alleged Lake Tahoe foot fondler identified, arrested in NorCal "Our state consistently leads all other states in reports of human trafficking to the National Human Trafficking Resource Center, accounting for 13 percent of all such reports in the last year," Becton said. "Over the past four years, j...

Gary Sánchez hits 2 of Padres’ 4 home runs in 11-1 win over Rockies

Published Mon, 24 Feb 2025 04:30:02 GMT

DENVER (AP) — Gary Sánchez homered twice and drove in four runs, Juan Soto went deep for the third time in two days and the San Diego Padres beat the Colorado Rockies 11-1 on Wednesday.Sánchez had two of his three hits in San Diego’s seven-run ninth inning.Ha-Seong Kim homered leading off the game and Fernando Tatís Jr. hit a towering three-run homer to help the new-look Padres win for the fifth time in six games. San Diego traded for five players before the Tuesday deadline to help with a playoff push in the final two months of the season.Xander Bogaerts had three hits for the Padres, whose scheduled starter Joe Musgrove was scratched due to stiffness in his right shoulder. Nick Martinez served as the opener and tossed three scoreless innings.Jurickson Profar led off the bottom of the first with a double for the Rockies and Martinez retired nine straight before leaving.San Diego had three of its new players in uniform Wednesday — Ji Man Choi, Garrett Cooper and Scott Barlow, who re...

Overseeing the DC region’s power grid in the age of climate change

Published Mon, 24 Feb 2025 04:30:02 GMT

Extreme weather, like the kind the D.C. region experienced over the weekend, highlights the stresses on the local power grid.While no one likes waiting for the power to come back on, in Maryland, officials who have dealt with the impacts of weather emergencies and power outages say there has been progress in the performance of utilities, specifically concerning Pepco, which provides power to customers in Montgomery and Prince George’s counties.Maryland State Del. C.T. Wilson, who chairs a House panel that has oversight of utilities and the Public Service Commission, told WTOP in an interview that “I do believe we’re definitely in a much better position as far as reliability issues” than in 2010, when a series of storms and so-called “blue sky” outages plagued the region.Earl Stoddard, the Montgomery County Assistant Chief Administrative Officer, recalls being involved on the county work group under then-County Executive Ike Leggett that examined Pepco’s performance and called for ha...

Andy Murray wins his first match at the DC Open in straight sets

Published Mon, 24 Feb 2025 04:30:02 GMT

WASHINGTON (AP) — Andy Murray is moving on at the DC Open after beating American Brandon Nakashima in straight sets Wednesday.Cheered loudly and vociferously by the crowd at stadium court, the three-time Grand Slam champion and former top-ranked men’s player rallied to win the first-set tiebreak and broke Nakashima early in the second on the way to a 7-6(5), 6-4 victory.Murray showed at age 36 he’s still got it, slicing shots perfectly over the net and returning some strong volleys that Nakashima couldn’t handle.The British star did struggle early to handle Nakashima’s serve, leading to a tiebreak that he trailed 4-2. Fans yelled, “I love you Andy!” and chanted, “Let’s go, Andy, let’s go!” and Murray came back to win it and take control of the match. Next up for Murray in the hard-court tune-up for the U.S. Open could be top-seeded Taylor Fritz, who was set to face fellow American Zachary Svajda later Wednesday, after Coco Gauff plays Hailey Baptiste. While M...

Dentsply: Q2 Earnings Snapshot

Published Mon, 24 Feb 2025 04:30:02 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Dentsply International Inc. (XRAY) on Wednesday reported second-quarter profit of $86 million.On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 40 cents. Earnings, adjusted for non-recurring costs, were 51 cents per share.The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.The dental products manufacturer posted revenue of $1.03 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $992.2 million.Dentsply expects full-year earnings in the range of $1.92 to $2.02 per share, with revenue in the range of $3.98 billion to $4.02 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XRAY at https://www.zacks.com/ap/XRAYSource

Energy Recovery: Q2 Earnings Snapshot

Published Mon, 24 Feb 2025 04:30:02 GMT

SAN LEANDRO, Calif. (AP) — SAN LEANDRO, Calif. (AP) — Energy Recovery Inc. (ERII) on Wednesday reported a loss of $1.7 million in its second quarter.The San Leandro, California-based company said it had a loss of 3 cents per share. Earnings, adjusted for stock option expense, were less than 1 cent on a per-share basis.The maker of energy recovery devices posted revenue of $20.7 million 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 ERII at https://www.zacks.com/ap/ERIISource