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San Jose office building tied to WeWork exec falls behind on payments

Published Fri, 22 Nov 2024 02:23:01 GMT

SAN JOSE — A downtown San Jose office building whose principal owners include a firm headed by the WeWork co-founder has fallen behind on its mortgage payments, sources say.The group that owns the San Jose office building near St. James Park has missed at least one monthly loan payment, according to information provided by financial services and research firm Morningstar and a source from the ownership group.The building is at 152 North Third Street, totaling 130,700 square feet, according to a real estate brochure. The property’s owner is a group controlled by Nazare Capital Management, whose principal executive and founder is Adam Neumann, the co-founder of WeWork, a firm that pioneered the concept of shared office spaces.The financial difficulties that face the building are a reminder of the struggles that now confront downtown San Jose.At the end of June, downtown San Jose’s office vacancy rate was 29.9%, which was an all-time high, according to Cushman & W...

Even San Jose-based Zoom is making its staff return to the office

Published Fri, 22 Nov 2024 02:23:01 GMT

New York  — Zoom, the San Jose company that powered the remote work revolution during the pandemic, is telling its employees to come back to the office.In a statement, Zoom said it’s now enforcing a “structured hybrid approach,” meaning that employees who live near an office “need to be onsite two days a week” because it’s “most effective” for the video-conferencing service.“As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers. We’ll continue to leverage the entire Zoom platform to keep our employees and dispersed teams connected and working efficiently,” the company said.Putting aside the irony, Zoom isn’t excluded from the return to office trend that’s sweeping tech companies. In recent months, Google, Amazon and Salesforce have enacted similar policies, ending a Covid-era approach that gave employees more freedom to work from home. However, businesses have faced some pushback from employees after workers gre...

Angus Cloud memorial grows in Oakland

Published Fri, 22 Nov 2024 02:23:01 GMT

(KRON) -- A memorial dedicated to Oakland native and actor Angus Cloud has grown significantly in the week following his death. Angus Cloud's death not a suicide, mother says The mural is on a building off the corner of East 19th Street and Park Avenue in Oakland. It features a large image of Cloud with a wide grin. His name is also painted in bold letters near the top. (Photo courtesy of Kaitlyn Bradley)Angus Cloud attends the Ralph Lauren Fall/Winter 2022 fashion show on Tuesday, March 22, 2022, in New York(Photo by Evan Agostini/Invision/AP, File)Darin Balaban painted the mural with Cloud's friends Kalani, Maggie, Grame, Sacred Lands, m27 and a number of others. Videos shared to social media showed the painting as it was completed. Days later, more posts showed large amounts of flowers and candles laid beside the mural honoring Cloud."I just wanted to share so everyone could appreciate this beautiful mural for a beautiful soul," Connor Steinbeck said. "He was so loved." Steinb...

DeSantis Still Can’t Find Enough Employees for His Voter Fraud Crackdown

Published Fri, 22 Nov 2024 02:23:01 GMT

When Florida Gov. Ron DeSantis first announced a new unit to investigate alleged voter fraud in the state, he painted a picture of a sweeping police agency with more than 50 positions and unprecedented authority. Over one year later, the Office of Election Crimes and Security has struggled to staff up — even as the legislature recently increased its budget. Seven of the office’s 18 positions remain vacant according to a July organizational chart provided to The Intercept through a public records request.DeSantis created the unit in April 2022 amid a broader Republican push to sow distrust in the electoral system by spreading false claims of voter fraud. But since its inception, the office has consistently fallen short of its staffing goals. An ABC affiliate reported that only three of 15 positions had been filled by January.  Join Our Newsletter Original reporting. Fearless journalism. Delivered to you. ...

DC region leads for women in IT jobs

Published Fri, 22 Nov 2024 02:23:01 GMT

The D.C. region ranks No. 4 among the 75 North American markets covered in CBRE’s annual Scoring Tech Talent report.According to the report, the D.C. region added 17,100 tech talent workers between 2017 and 2022, bringing the total number in the industry to 265,240 as of the end of last year. That’s a 7% five-year increase and higher than overall national employment growth. Technology-related jobs now account for 8.8% of all jobs in the D.C. region.The report examined education, compensation, diversity and opportunity among other factors for those working in technology, and for companies with technology jobs to fill. Tech talent is defined by CBRE as those working in 20 key tech professions across all industries from software engineers to systems and data managers.CBRE also notes the D.C. region’s tech talent pool is sought after.“D.C. has the third-largest number of tech degree graduates — 63,000 of them — which creates an incredible opportunity for employer...

Chris Buescher wins 2nd straight NASCAR Cup race at Michigan

Published Fri, 22 Nov 2024 02:23:01 GMT

BROOKLYN, Mich. (AP) — Chris Buescher won his second straight NASCAR Cup Series race by holding off Martin Truex late in the FireKeepers 400 on Monday.Buescher, who won last week at Richmond, took the lead on lap 133 in the No. 17 Ford and didn’t give it up. With 12 laps to go in the 200-lap race, Truex challenged him with door-to-door driving before sparks were seen under his No. 19 Toyota and he faded.Truex made a savvy move to win Stage 2 shortly after pitting, going high before dropping low to surge past Daniel Suarez, and finished second. Denny Hamlin was third followed by Brad Keselowski and Kyle Larson.Buescher, driving for RFK Racing, gave Ford its ninth straight victory at Michigan to extend the longest winning streak by a manufacturer at a track that has hosted Cup races since 1969.The race was suspended Sunday due to rain, which delayed the start and later led to a red-flag stoppage that lasted 19-plus hours before the race resumed under cloudy skies the next day.Tw...

Browns defensive ends Alex Wright, Isaiah Thomas could miss significant time with knee injuries

Published Fri, 22 Nov 2024 02:23:01 GMT

BEREA, Ohio (AP) — Cleveland’s defensive line depth is suddenly a concern as second-year ends Alex Wright and Isaiah Thomas could miss significant time for the Browns with knee injuries.Before Monday’s practice, coach Kevin Stefanski revealed both injuries while providing few other details or a timetable for recovery.Stefanski did say the injuries could stretch into the regular season, which begins Sept. 10 against Cincinnati.Stefanski said one of the ends was injured in Thursday night’s Hall of Fame game against the New York Jets and the other was hurt “before” that.Wright and Thomas are listed as Cleveland’s respective Nos. 4 and 5 ends behind All-Pro Myles Garrett, Za’Darius Smith and Ogbo Okoronkwo.The Browns revamped their defensive front this offseason — Smith came via trade and Okoronkwo as a free agent — after the unit underperformed in 2022.Wright and Thomas both missed Sunday’s workout along with defensive tackle Maurice Hurst, who got poked i...

NASCAR Cup Series FireKeepers Casino 400 Results

Published Fri, 22 Nov 2024 02:23:01 GMT

MondayAt Michigan International SpeedwayBrooklyn, Mich.Lap length: 2.00 miles(Start position in parentheses)1. (4) Chris Buescher, Ford, 200 laps, 41 points.2. (5) Martin Truex Jr, Toyota, 200, 55.3. (13) Denny Hamlin, Toyota, 200, 37.4. (12) Brad Keselowski, Ford, 200, 48.5. (17) Kyle Larson, Chevrolet, 200, 43.6. (14) Daniel Suárez, Chevrolet, 200, 45.7. (2) Ross Chastain, Chevrolet, 200, 30.8. (22) Kevin Harvick, Ford, 200, 29.9. (9) Ryan Blaney, Ford, 200, 28.10. (25) Erik Jones, Chevrolet, 200, 29.11. (3) Ty Gibbs, Toyota, 200, 34.12. (20) Austin Cindric, Ford, 200, 27.13. (1) Christopher Bell, Toyota, 200, 24.14. (6) Joey Logano, Ford, 200, 27.15. (31) Corey LaJoie, Chevrolet, 200, 23.16. (18) Aric Almirola, Ford, 200, 21.17. (29) Harrison Burton, Ford, 200, 20.18. (11) Bubba Wallace, Toyota, 200, 35.19. (15) Austin Dillon, Chevrolet, 200, 18.20. (34) Ty Dillon, Chevrolet, 200, 17.21. (27) Ricky Stenhouse Jr, Chevrolet, 200, 16.22. (28) Ryan Preece, Ford, 199, 15.23. (26) Just...

'The brr is back': Farmers Almanac releases winter forecast for Colorado

Published Fri, 22 Nov 2024 02:23:01 GMT

DENVER (KDVR) -- Winter is coming ... in a few months. The Farmers' Almanac released the winter 2024 extended weather forecast and it predicts a cooler winter than last year. The Farmers' Almanac projects an overall chillier winter than usual due to the indication of an El Niño, which is unusually high water temperatures off the Pacific Coast of South America, according to the Almanac. While southern states are expected to have unseasonably cold temperatures and more storms, in Colorado, the Almanac anticipates a cold winter with average snowfall. Soon, it will get dark before 8 p.m. Pinpoint Weather Meteorologist Travis Michels said El Niño won't change Colorado's winter, but the winter may be wetter than normal. While Michels expects the winter to be an average temperature, he predicts wetter conditions in the coming months due to the previous rain this year. According to Michels, Denver collected 17.7 inches of rain for the first half of the year. To put that into perspective, ...

'One hail of a year': Data shows more than 150 damaging hail storms this year

Published Fri, 22 Nov 2024 02:23:01 GMT

DENVER (KDVR) -- It's been "one hail of a year" in Colorado, at least according to data posted by the National Weather Service.A map posted by the NWS shows that, so far this year, there have been 151 reports of hail over 2 inches in diameter in Colorado, which is around the size of a lime or larger.That number puts the Centennial State second only to Texas, which has reportedly seen 344 reports of the damaging-sized hail, more than twice that recorded by any other state. Plowable hail in the summer? Why it’s possible Much of this was concentrated in the eastern part of the state, as noted by NWS. Data from the Colorado Climate Center from 1955 to 2022 shows that a vast majority of hail over 2 inches falls east of the mountains.Across the 67 years, there have only been a handful of reports of hail 2 inches or larger in the western half of the state.Notable hail storms so far in 2023The most notable hail storm so far this year came in late June, when nearly 100 concertgoers at Red ...