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Fry’s San Jose gets new real estate mission as tech campus is on hold

Published Mon, 23 Dec 2024 19:17:00 GMT

SAN JOSE — A Fry’s Electronics store in San Jose that closed its doors as part of the sudden implosion of the famed retailer has a new mission while plans for a vast office campus on the choice site take a pause.Instead of being bulldozed to make way for a tech complex, a portion of the one-time Fry’s building, whose entrance is reminiscent of a Mayan temple, is being offered for lease in a marketing effort being led by brokers Phil Mahoney and Joe Kelly of Newmark, a commercial real estate firm.“It could be industrial, logistics, or light manufacturing,” said Mahoney, an executive vice chairman with Newmark.Up to 124,000 square feet of warehouse space is being offered for lease, according to Newmark.The building totals 293,900 square feet and occupies 19.7 acres, San Jose planning documents show. The building contains the former consumer electronics superstore, a warehouse and an office that served as the corporate headquarters for Fry’s and the ...

Opinion: How U.S. can build on Chips and Science Act momentum

Published Mon, 23 Dec 2024 19:17:00 GMT

America’s ability to create high-paying tech and manufacturing jobs is the key to revitalizing our nation and remaining a leader in the 21st century. STEM talent exists everywhere in the United States, but opportunities for people to discover and pursue that talent are not as widespread.To expand access to these jobs and match possibilities with potential, the public and private sectors must work together. We need more public and private partnerships to create jobs — that’s how we built America in the first place.As the director of the U.S. National Science Foundation (NSF) and the congressman representing Silicon Valley, we see how critical science and engineering are to U.S. leadership. At a recent roundtable with industry and university leaders, we talked about what Americans want — the chance to revitalize communities, paths to the middle class, and ladders up in places where they live.That idea flourished after World War II thanks to federal investment i...

Is the dynasty over if Warriors lose to Lakers? It’s complicated

Published Mon, 23 Dec 2024 19:17:00 GMT

SAN FRANCISCO — The Warriors haven’t had to confront looming questions about the fate of the organization yet. Hope that the championship core could propel a legitimate title run kept uncomfortable truths at bay.Down 3-1 to the Los Angeles Lakers, the levees are one loss away from breaking. Wednesday night’s Game 5 at Chase Center won’t be the Warriors’ first elimination game this postseason, but the chance they’ll mount a three-win comeback feels slim given disappointing performances from everyone not named Steph Curry.There’s plenty of hope within the Warriors locker room that they can rattle off a few wins and maybe send this California rivalry series to a Game 7 — which would be also played on the defending champs’ home court. Curry, Klay Thompson and Draymond Green have plenty of experience with 3-1 series records.This series sets up a redemption for those three to pay LeBron James back for the infamous 3-1 lead they blew in...

Hudson Global: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 19:17:00 GMT

OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Hudson Global Inc. (HSON) on Wednesday reported earnings of $354,000 in its first quarter.The Old Greenwich, Connecticut-based company said it had net income of 11 cents per share. Earnings, adjusted for severance costs and costs related to mergers and acquisitions, came to 22 cents per share.The staffing company posted revenue of $43.1 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 HSON at https://www.zacks.com/ap/HSONSource

Ballard: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 19:17:00 GMT

BURNABY, British Columbia (AP) — BURNABY, British Columbia (AP) — Ballard Power Systems Inc. (BLDP) on Wednesday reported a loss of $33.9 million in its first quarter.On a per-share basis, the Burnaby, British Columbia-based company said it had a loss of 11 cents.The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.The fuel cell technology company posted revenue of $13.3 million in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $18.3 million.The company’s shares closed at $4.41. A year ago, they were trading at $6.92._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLDP at https://www.zacks.com/ap/BLDPSource

De Bruyne out of Haaland’s shadow, delivers again in Madrid

Published Mon, 23 Dec 2024 19:17:00 GMT

Kevin De Bruyne’s shot flew like a missile, skimming just above the turf in a trajectory not dissimilar to Carlos Alberto’s glorious goal for Brazil in the 1970 World Cup final.Of course, this was no title match for Manchester City — it was the first leg of the Champions League semifinals — but with the eyes of the world on the Santiago Bernabeu Stadium, it sure felt like one.Who else, then, should step up but De Bruyne, the man who delivers for City on the big occasion time and again.The Belgium playmaker looked to the sky and raised both his arms before performing a rare knee slide after his long-range equalizer for City in the 1-1 draw against Real Madrid on Tuesday.De Bruyne knew how significant the goal was. How good it was, too.He is making a habit of it.City has played Real Madrid in the Champions League’s knockout stage in three of the last four seasons, and De Bruyne has scored each time. And against Atletico Madrid last year, City won 1-0 after two fiery matches in the qua...

US consumer prices picked up in April, pointing to still-persistent inflation pressures

Published Mon, 23 Dec 2024 19:17:00 GMT

WASHINGTON (AP) — US consumer prices picked up in April, pointing to still-persistent inflation pressures.Source

Melco: Q1 Earnings Snapshot

Published Mon, 23 Dec 2024 19:17:00 GMT

HONG KONG., Hong Kong (AP) — HONG KONG., Hong Kong (AP) — Melco Resorts and Entertainment Ltd. (MLCO) on Wednesday reported a loss of $81.3 million in its first quarter.The Hong Kong., Hong Kong-based company said it had a loss of 18 cents per share. Losses, adjusted for non-recurring costs, came to 14 cents per share.The casino company posted revenue of $716.5 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 MLCO at https://www.zacks.com/ap/MLCOSource

Norfolk creates fund to offset loss of home value near wreck

Published Mon, 23 Dec 2024 19:17:00 GMT

Norfolk Southern’s stock fell before the opening bell Wednesday after the railroad unveiled plans to create a fund for residents near the site of an Ohio train wreck that would cover any decline in home values since a derailment earlier this year.In early February about 50 cars derailed in East Palestine, some carrying hazardous chemicals that spilled into nearby waterways. The U.S. filed a lawsuit against Norfolk Southern over environmental damage in March. Half of the 5,000 residents of East Palestine were evacuated as emergency personnel burned off some of the chemicals to avert an uncontrolled explosion.Norfolk Southern Corp. CEO Alan Shaw apologized for the impact the derailment has had on the community and the company has pledged to pay for the cleanup.Shaw said in a letter late Tuesday to the Senate Committee on Commerce, Science and Transportation that while the company has total accrued charges of almost $400 million for the derailment, that amount doesn’t inclu...

Gunnison man reels in pending world record-breaking trout

Published Mon, 23 Dec 2024 19:17:00 GMT

GUNNISON COUNTY, Colo. (KDVR) — A father-son duo in Gunnison got the surprise of a lifetime when they reeled in the pending world record for the largest lake trout ever caught.Scott Enloe has been fishing his whole life and frequents the Blue Mesa Reservoir in Gunnison. May 6 was the first day he and his son, Hunter, could take the boat out on the reservoir for the season, and that weekend, they reeled in a massive fish. Is it legal to collect rainwater in Colorado? After a 13-minute battle with the beast, Enloe caught a lake trout that weighed 73.29 pounds and measured nearly four feet long. A father and son due in Gunnison caught the surprise of a lifetime when they reeled in a pending world-record-breaking lake trout that weighed 73 pounds. (Hunter Enloe)A father and son due in Gunnison caught the surprise of a lifetime when they reeled in a pending world-record-breaking lake trout that weighed 73 pounds. (Hunter Enloe)A father and son due in Gunnison caught the surprise of a l...