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Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Chipotle: California minimum wage increased menu prices about 7 percent: Chipotle increased menu prices by about 7% because of the minimum wage increase in ...
businessinsider.com/chipotle-california-minimum-wage-pushed-menu-prices-2024-4
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Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
- Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.
- The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.
- Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.
- Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
China warns Blinken relations with US could go on a 'downward spiral': The US top diplomat Antony Blinken paid his second visit to the country in less than a ...
lemonde.fr/en/united-states/article/2024/04/26/china-warns-blinken-relations-with-us-could-go-on-a-downward-spiral_6669578_133.html
Quick Glance: Xi and Blinken Emphasize Importance of Partnership between China and US
- China expresses its interest in deepening its relations with the United States, despite facing obstacles.
- During his meeting with US Secretary of State Antony Blinken, Chinese President Xi Jinping emphasized the importance of the two superpowers helping each other succeed and not acting as rivals.
- Despite the desire to stabilize relations, significant issues were addressed during the meeting between Xi and Blinken.
- China-US relations have been tumultuous in recent years, influenced by factors such as a trade war and other controversial topics.
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Billy Porter to headline San Francisco Pride : The award-winning performer from “Kinky Boots” and “Pose” was also named a celebrity grand marshal for the June ...
sfchronicle.com/entertainment/article/billy-porter-sf-pride-19420596.php
Terry Anderson, AP reporter held captive for years, has died: Terry Anderson, the globe-trotting Associated Press correspondent who became one of America’s ...
apnews.com/article/terry-anderson-dies-associated-press-c266353298c04dbf874ab4d94536f2b3
Quick Glance: Terry Anderson, AP Reporter Captive for Years, Passes Away
- Terry Anderson, the globe-trotting Associated Press correspondent who became one of America’s longest-held hostages after being abducted in war-torn Lebanon in 1985 and held for nearly seven years, has died at the age of 76.
- Upon returning to the US, Anderson led a varied life, engaging in public speaking, journalism teaching, and owning different businesses while battling post-traumatic stress disorder and financial setbacks.
- Anderson retained his humor during brutal captivity, experiencing lasting effects of PTSD even after settling on a quiet horse farm and reconnecting with his estranged daughter after her journalistic journey to Lebanon.
- After enduring harsh captivity, Anderson, a former Marine turned journalist, lived a fascinating life filled with danger and intense reporting before being kidnapped and held for years, leaving a legacy beyond his renowned journalism career.
As the planet warms, watch out for dengue fever : A mosquito-borne disease is spreading—and must be curbed
economist.com/leaders/2024/04/25/as-the-planet-warms-watch-out-for-dengue-fever
Waymo: Robotaxi drove on wrong side of SF street to ensure safety: A driverless Waymo robotaxi drove on the wrong side of a San Francisco street ...
sfchronicle.com/sf/article/s-f-waymo-robotaxi-19416858.php
Quick Glance: Waymo Robotaxi Incident with Unicyclists in San Francisco
- A self-driving Waymo taxi in San Francisco was filmed passing unicyclists and scooters, driving down the wrong side of the street.
- The incident occurred at the intersection of Mission and First in the South of Market district around 9:30 PM PT on Friday, where a crowd of electric-powered unicyclists and other riders were flowing down the street.
- The footage shows the cycling crowd crossing an intersection, with the Waymo taxi following closely behind, initially staying in the right lane but then shifting into the left lane to pass the group.
- After a tense moment, a brave unicyclist forced the car to stop by pulling out in front of it, allowing the Waymo to return to the correct lane. The incident caused controversy and raised concerns about Waymo's safety protocols.
63 Albertsons in California to be sold to C&S Wholesale if Kroger merger OK’d: The company did not specify which stores in California would be sold.
ocregister.com/2024/04/22/63-albertsons-in-california-to-be-sold-to-cs-wholesale-if-kroger-merger-okd/
Mercedes Is First Automaker to Sell Level 3 Autonomous Vehicles in the US: After securing permission to sell cars with advanced autonomous features in California ...
uk.pcmag.com/cars-auto/151983/mercedes-is-first-automaker-to-sell-level-3-autonomous-vehicles-in-the-us
Quick Glance: Mercedes Sells First Autonomous Vehicle in the US
- Mercedes is the first automaker in the US to sell a car with advanced autonomous features. Drivers are not required to pay close attention to the road.
- Mercedes currently has permission to sell and lease cars with Level 3 autonomous driving in Nevada and California.
- The Drive Pilot system is limited to specific models and requires a yearly subscription. However, it has some restrictions for use.
- While other automakers like Tesla are still offering Level 2 autonomous driving, Mercedes is also working on developing Level 4 autonomous driving capabilities expected to be available by the end of the decade.
Empty SF office tower at 995 Market St sells at near 90% discount: An empty San Francisco office tower in the Mid-Market neighborhood at 995 Market Street ...
sfchronicle.com/realestate/article/s-f-tower-sells-90-discount-19418186.php
Apes on horseback spotted on a San Francisco beach. Here’s why: The stunt was part of an eye-catching marketing ploy for “Kingdom of the Planet of the Apes ...
sfchronicle.com/entertainment/article/planet-of-the-apes-san-francisco-19420588.php
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‘Buffett Got it Wrong’ on California Fire Risk, PG&E CEO Says: Warren Buffett’s warning that wildfires have turned utilities across the western US into risky ...
bloomberg.com/news/articles/2024-04-25/-buffett-got-it-wrong-on-california-fire-risk-pg-e-ceo-says
California schools may be required to provide kosher and halal meals: Schools with 5% of its population requesting kosher and halal diets would be required to ...
ocregister.com/2024/04/25/california-schools-may-be-required-to-provide-kosher-and-halal-meals/
US commerce secretary downplays chip in advanced Huawei phone: The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as ...
reuters.com/technology/us-commerce-secretary-downplays-chip-advanced-huawei-phone-2024-04-21/
American Airlines forecasts upbeat Q2 profit as business travel rebounds: American Airlines forecast current-quarter profit largely above analysts' expectations ...
reuters.com/business/aerospace-defense/american-airlines-forecasts-second-quarter-profit-largely-above-estimates-2024-04-25/
Tesla cuts price of Full Self-Driving software by a third to $8,000: Tesla slashed the price of its Full Self-Driving (FSD) driver assistant software to $8 ...
reuters.com/business/autos-transportation/tesla-cuts-price-full-self-driving-software-by-third-8000-2024-04-21/
Record giant HYBE audits 'NewJeans' label as infighting returns to K-pop: South Korea's largest music company is auditing the management of one of its labels as ...
reuters.com/lifestyle/record-giant-hybe-audits-newjeans-label-infighting-returns-k-pop-2024-04-24/
What to read about the history of California: Five books that help explain the power and problems of the Golden State
economist.com/the-economist-reads/2024/04/25/what-to-read-about-the-history-of-california
36-year-old makes $37,000 a year leading Dungeons & Dragons games: If 'you're doing it anyway, you might as well' get paid
cnbc.com/2024/04/25/how-dungeons-dragons-game-master-turned-hobby-into-career.html
Tesla to lay off more than 3,000 employees in California, notices show: Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-3000-employees-california-notices-show-2024-04-23/
Chili’s Grill and Bar closes Irvine location: A sign outside the restaurant said its lease had expired at the end of 2020, though it had received several ...
ocregister.com/2024/04/22/chilis-grill-and-bar-closes-irvine-location/
Authorities search for former Slack CEO's teenager who is considered a runaway : Authorities in California are searching for the teenage child of former Slack ...
nbcnews.com/news/us-news/authorities-search-former-slack-ceos-teenager-considered-runaway-rcna149407
PepsiCo's results beat as international demand, higher prices drive growth: PepsiCo beat Wall Street expectations for first-quarter revenue and profit on Tuesday ...
reuters.com/business/retail-consumer/pepsico-beats-quarterly-revenue-estimates-price-hikes-steady-demand-2024-04-23/
US CDC warns of harmful reactions to fake Botox injections: The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted clinicians about risks ...
reuters.com/business/healthcare-pharmaceuticals/us-cdc-warns-harmful-reactions-fake-botox-injections-2024-04-23/
'Elevating Earth Day into a national holiday is not radical — it's practical': Opinion, comment and editorials of the day
theweek.com/politics/make-earth-day-national-holiday
California to wrap up Exxon plastics probe 'in weeks', AG says: California will conclude a two-year investigation into Exxon and the fossil fuel industry's role ...
reuters.com/sustainability/climate-energy/california-wrap-up-exxon-plastics-probe-in-weeks-ag-says-2024-04-23/
JetBlue lowers annual revenue forecast as Latin America oversupply bites: JetBlue Airways trimmed its annual revenue forecast on Tuesday after reporting lukewarm ...
reuters.com/business/aerospace-defense/jetblue-lowers-annual-revenue-forecast-latin-america-oversupply-bites-2024-04-23/
Newsom introduces bill to support Arizona abortion access: California Gov. Gavin Newsom (D) announced a new bill in the state Legislature on Wednesday that would ...
thehill.com/homenews/state-watch/4618180-california-newsom-bill-support-arizona-abortion-providers/
Flights delayed up to 2 hours at Sacramento airport after Internet wires ‘intentionally’ cut
sacbee.com/news/local/crime/article287809150.html
Nearly Half of Califonia’s Riverside Residents Struggle to Pay Bills in Poll: Almost half of households in Riverside, California, can’t afford usual expenses and ...
bloomberg.com/news/articles/2024-04-19/nearly-half-of-califonia-s-riverside-residents-struggle-to-pay-bills-in-poll
New California rule aims to limit health care cost increases to 3% annually: A new rule in California aims to limit health care price increases to just 3% each ...
apnews.com/article/california-health-care-costs-target-cap-0aefad8c177ed3e0447dc4e17258be08
Newsom set to propose legislation to help Arizonans get abortions in California: California Gov. Gavin Newsom (D) said Sunday that state lawmakers will introduce ...
thehill.com/homenews/state-watch/4609862-newsom-set-to-propose-legislation-to-help-arizonans-get-abortions-in-california/
Teen found dead in San Francisco driveway, family members say: A 15-year-old girl was found dead in the driveway of a San Francisco home on Saturday ...
sfchronicle.com/bayarea/article/j-zmin-pellegrini-dead-san-francisco-19420800.php
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From Sin City to the City of Angels, building starts on high-speed rail line: Groundbreaking on a $12 billion high-speed passenger rail line between Las Vegas ...
apnews.com/article/high-speed-train-vegas-los-angeles-brightline-595913ff2fa3d9001fb89bfab4e6c4d2
15 injured in tram accident at Universal Studios : A group of amusement park visitors were injured Saturday evening in a Universal Studios tram accident near Los ...
nbcnews.com/news/us-news/15-injured-tram-accident-universal-studios-rcna148712
Quick Glance: Tram Crash at Universal Studios Hollywood: Over a Dozen Injured. What Occurred?
- A tram crash at a Universal Studios theme park in Southern California on Saturday night left more than a dozen people injured.
- The last of four tram cars of the World-Famous Studio Tour struck a rail in a parking structure at Universal Studios Hollywood due to brake issues, resulting in 15 injuries.
- An emergency call prompted rescuers to the park, with the California Highway Patrol leading further investigations.
- The tram tour, a top attraction at the theme park, takes visitors behind the scenes of iconic movie sets like 'Jaws', 'King Kong', and 'Fast & Furious.'
Map Shows New California High-Speed Rail Routes: The high-speed rail route would bring travelers from San Francisco to Los Angeles in less than three hours.
newsweek.com/california-high-speed-rail-map-project-delayed-1893828
Cracker Barrel closes Sacramento-area store after 6 years of business: ‘We’re deeply saddened’
sacbee.com/news/local/article287763940.html
How much Bill Gates pays in property taxes on his many homes: Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he ...
businessinsider.com/billionaire-bill-gates-property-taxes-real-estate-houses-2024-4
Megan Thee Stallion adds Bay Area concert to her Hot Girl Summer Tour: Here's how to get tickets to see Megan Thee Stallion at Chase Center in San Francisco ...
mercurynews.com/2024/04/24/megan-thee-stallion-adds-bay-area-concert-to-her-hot-girl-summer-tour/
Outside Lands announces massive lineup for 2024 music festival: Sturgill Simpson, Post Malone, Tyler, the Creator, Killers, Postal Service, Grace Jones ...
mercurynews.com/2024/04/23/outside-lands-announces-massive-lineup-for-2024-music-festival/
Fed’s Daly Says No Urgency to Cut, Policy in a Good Place: Federal Reserve Bank of San Francisco President Mary Daly reiterated there’s no urgency to adjust ...
bloomberg.com/news/articles/2024-04-16/fed-s-daly-says-no-urgency-to-cut-policy-in-a-good-place
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Tesla Semi charging corridor project is still alive despite Biden admin funding snub
techcrunch.com/2024/04/18/tesla-semi-big-rig-charging-corridor-biden-funding/
San Francisco sues Oakland over new 'San Francisco Bay' airport name: San Francisco sued its neighboring city Oakland in California federal court on Thursday ...
reuters.com/legal/litigation/san-francisco-sues-oakland-over-new-san-francisco-bay-airport-name-2024-04-18/
Anaheim approves DisneylandForward, paving way for decades of new experiences: The city is set to get more than $100 million in community benefits from Disney in ...
ocregister.com/2024/04/17/anaheim-council-approves-disneylandforward-paving-way-for-decades-of-new-experiences/
Amazon launches low-cost grocery delivery subscription plan in US: Ecommerce giant Amazon.com launched a new grocery delivery subscription on Tuesday in the ...
reuters.com/business/retail-consumer/amazon-launches-low-cost-grocery-delivery-subscription-plan-us-2024-04-23/
Dead gray whale washes up on Alameda beach: A dead gray whale washed up on a beach in Alameda on Saturday night, becoming the first reported whale death in the ...
mercurynews.com/2024/04/22/dead-gray-whale-washes-up-on-san-francisco-beach/
Anaheim receives $3 million state grant to address homelessness near 91 Freeway: The $3,182,054 grant will help house 75 people living near the 91 Freeway and ...
ocregister.com/2024/04/22/anaheim-receives-3-million-state-grant-to-address-homelessness-near-91-freeway/
Accused shoplifters nabbed when getaway car runs out of gas, California police say
sacbee.com/news/california/article287881925.html
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San Francisco Buyers Bring Its Luxury Housing Market Back to Life: A recovery is under way in the Bay Area, as interest-rate shock finally wears off and ...
wsj.com/real-estate/luxury-homes/san-francisco-luxury-housing-market-ce0198e2
Why haven’t blue states rushed to join Newsom’s call for constitutional amendment on guns?
mercurynews.com/2024/04/21/why-havent-blue-states-rushed-to-join-newsoms-call-for-constitutional-amendment-on-guns/
Under Cecil Williams, Glide Memorial became world-renowned for welcoming ‘anyone who wanted to come’
mercurynews.com/2024/04/23/under-cecil-williams-glide-memorial-became-world-renowned-for-welcoming-anyone-who-wanted-to-come/
Family of teen found dead in SF driveway searches for answers: The family of an East Bay teenager found dead on a San Francisco sidewalk is desperately searching ...
sfchronicle.com/bayarea/article/teen-san-francisco-dead-sidewalk-19422451.php
Fewer people are riding S.F.’s iconic cable cars: Fewer people are riding S.F.’s iconic cable cars. Here’s how far ridership has fallen
sfchronicle.com/sf/article/cable-cars-ridership-19408219.php
Golden Gate Ferry indefinitely suspends S.F.-Sausalito rides: Officials with Golden Gate Ferry said an issue was discovered at the Sausalito pier during a ...
sfchronicle.com/bayarea/article/golden-gate-ferry-indefinitely-suspends-19413070.php
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Tech workers leaving San Francisco now moving to New York City: Forget Austin and Miami: Young techies bailing on the Bay Area are setting their sights on pricey ...
sfchronicle.com/bayarea/article/workers-leave-sf-ny-19416170.php
Finding an apartment may be easier for California pet owners under new legislation
apnews.com/article/california-tenant-pet-laws-landlords-8192518ccec2397cdbafcd6df09d8228
A Major Burger King Franchisee in California Says He Can't Roll Out Order Kiosks Fast Enough Due to the State's New $20 Fast-Food Minimum Wage
entrepreneur.com/business-news/major-burger-king-franchisee-adds-digital-kiosks-cuts-staff/472640
Groundbreaking ceremony held for high-speed train from Las Vegas to Los Angeles: Federal, transportation and union leaders gathered in Las Vegas Monday to drive ...
thehill.com/regulation/transportation/4613210-groundbreaking-ceremony-held-for-high-speed-train-from-las-vegas-to-los-angeles/
Bay Area condo war widens after $1 million units sell for just $32,000: The developer’s lawsuit contends that the units in the downtown tower are worth more than ...
ocregister.com/2024/04/18/san-jose-real-estate-house-home-condo-build-court-legal-china-buy-sell/
Bojangles, known for its chicken and biscuits, is coming to California. Here’s where
sacbee.com/news/california/article287690360.html
Cecil Williams, reverend who turned a church into a safe haven, dies aged 94: Longtime, legendary pastor of San Francisco’s Glide Memorial church was advocate ...
theguardian.com/us-news/2024/apr/23/reverend-cecil-williams-san-francisco-california-dies-aged-94
Noon Mass ends in stabbing at Saints Peter and Paul Church in SF: Noon Mass ends in stabbing at Saints Peter and Paul Church in San Francisco's North Beach ...
sfchronicle.com/sf/article/s-f-stabbing-church-19414940.php
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Highest cannabis use found among lower-income, less-educated in new survey: The highest regular cannabis use was found among lower-income, less-educated U.S ...
thehill.com/homenews/4602611-highest-cannabis-use-found-among-lower-income-less-educated-survey/
Bay Area bounces back with job gains in March, led by South Bay hiring: The job markets in the Bay Area and California powered to robust job gains in March ...
mercurynews.com/2024/04/19/bay-area-job-tech-economy-covid-layoff-hotel-restaurant-store-march/
Stonestown mega-project: 3,500 homes, acres of parks, 'main street': Exclusive details on Stonestown mall mega-project: 3,500 homes, acres of parks ...
sfchronicle.com/sf/article/stonestown-project-development-19416310.php
Iconic San Francisco LGBTQ bar, The Stud, reopens in a new location: After a four-year closure, an iconic San Francisco bar has a new home.
nbcbayarea.com/news/local/the-stud-san-francisco-oldest-lgbtq-bar-reopens/3516347
S.F.’s Westfield mall as reimagined by Cal, Stanford students: University of California, Berkeley and Stanford students reimagined San Francisco’s old Westfield ...
sfchronicle.com/sf/article/westfield-mall-students-reimagine-19420279.php
SF’s Parkmerced apartment complex at risk of $1.8 billion default: One of San Francisco’s biggest apartment complexes, Parkmerced, is at risk of defaulting on ...
sfchronicle.com/sf/article/s-f-apartment-complex-default-19406353.php
PG&E’s CEO gets paid $17 million. Compare to other utility leaders: PG&E CEO Patricia Poppe made $17 million in 2023. See how she compares to other top utility ...
sfchronicle.com/california/article/pge-ceo-pay-poppe-19403878.php
Exclusive | Annie Leibovitz Lists 65-Acre California Farm for $8.995 Million: The celebrity photographer didn’t spend as much time at the Bolinas property as ...
on.wsj.com/3w7f6Nl
List: Where to find cheap gas in the South Bay right now: Many drivers are willing to go the extra mile to find a cheaper tank of gas (think Costco).
mercurynews.com/2024/04/19/list-where-to-find-cheap-gas-in-the-south-bay-right-now/
Car burglars snatch Rep. Adam Schiff's luggage in S.F.: Senatorial candidate Adam Schiff had a rude introduction to San Francisco’s vexing reputation for car ...
sfchronicle.com/bayarea/article/car-burglars-snatch-rep-adam-schiff-s-luggage-19424026.php
Mad about the A’s shifting from Oakland to Sacramento? You’re missing the big picture | Opinion
sacbee.com/opinion/article287536660.html
San Francisco’s Golden Gate Park introduces skate rentals: Visitors to Golden Gate Park can rent skates and join the fun at the Skatin’ Place ...
sfchronicle.com/entertainment/article/golden-gate-park-skate-rentals-19422773.php
San Francisco dive bar known for kitsch closes after 25 years: The Beauty Bar, a kitsch Mission District destination where customers could enjoy martinis while ...
sfchronicle.com/sf/article/beauty-bar-sf-mission-district-closed-19404458.php
Latest line: A good week for London Breed, a bad week for Steve Garvey: San Francisco mayor lands a diplomatic coup, while GOP Senate candidate's tax ...
mercurynews.com/2024/04/21/latest-line-a-good-week-for-london-breed-a-bad-week-for-steve-garvey/
Annie Leibovitz just listed her rural California estate for $8.995M: Five years after buying a historic property in rural California, celebrity photographer ...
businessinsider.com/annie-leibovitz-listed-bolinas-california-real-estate-9-million-2024-4
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Opinion: Make Bay Area transit seamless as a condition of new funding: The most cost-effective way to get more people riding is by running more buses and trains ...
mercurynews.com/2024/04/20/opinion-make-bay-area-transit-seamless-as-a-condition-of-new-funding/
America's first high-speed rail is now under construction: A high-speed rail between Los Angeles and Las Vegas will be the first of its kind in the U.S. ...
qz.com/high-speed-rail-los-angeles-las-vegas-construction-1851428042
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