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LA to Vegas high-speed rail project gets bipartisan backing

Published Wed, 26 Feb 2025 11:58:28 GMT

By Ken Ritter | Associated PressLAS VEGAS — A bipartisan congressional group from Nevada and California asked the Biden administration Monday to fast-track federal funds for a private company to build a high-speed rail line between Las Vegas and the Los Angeles area.All six of Nevada’s elected federal lawmakers and four House members from California said in a letter to U.S. Transportation Secretary Pete Buttigieg that they’re on board with a proposal from Brightline West to spend more than $10 billion to lay tracks. Trains would whisk passengers generally along the traffic-clogged Interstate 15 corridor.“This project is a major priority because it will make southern Nevada more accessible to millions of visitors each year,” said U.S. Sen. Jacky Rosen, the Nevada Democrat leading the group. “That means more people spending money at our hotels, restaurants, casinos, and small businesses and attending conventions, sports competitions, and world-class speci...

Police sound alarm on new round of scams impacting seniors: ‘Don’t give out your personal information’

Published Wed, 26 Feb 2025 11:58:28 GMT

As seasons are changing, scammers are changing with them — as police release another set of warning signs for elderly residents in particular to watch out for.“Spring brings the increased solicitation by international travelers offering residents home improvement work,” Boston Police said in a recent community alert. “In past years, Boston residents have paid tens of thousands of dollars for masonry, driveway, paving, chimney, basement, roofing and fence repair; only to be left with worse damage or little to no improvement.”The “Paving Contractor” or “Home Improvement” scams may look like door-to-door solicitation for building work with classic warning signs — offering unrealistic discounts, putting pressure on buyers and asking for checks to individuals instead of companies. The scams escalate from $1,500 paving or masonry repair to tens of thousands of dollars of “foundational damage,” the BPD notice said.These scams are just some of many that can hit elderly residents particularl...

Bob Lee's accused killer has checkered past

Published Wed, 26 Feb 2025 11:58:28 GMT

SAN FRANCISCO (KRON) -- Nima Momeni, the accused killer of Cash App founder Bob Lee, had previous scrapes with the law, according to a police report obtained by KRON4 Monday. Momeni, 38, was arrested last summer on suspicion of assault and battery at his Emeryville apartment on Harlan Street. On August 1, 2022, a woman called the Emeryville Police Department and reported that she was attacked by Momeni. When EPD officers arrived at the apartment, the woman said she had been living in Momeni's apartment with his permission. "She met the suspect Nima Momeni about a week ago and he allowed her to stay on his couch at his apartment in exchange for house keeping duties. She denied that she had any dating relationship with Momeni. She believes that he may be bipolar because one minute he will be fine and the next he will go off for no reason," an Emeryville police officer wrote. Homicide victim Bob LeeThe woman said she was downstairs in the kitchen when Momeni entered the room and angril...

SF headquartered First Republic Bank to slash workforce

Published Wed, 26 Feb 2025 11:58:28 GMT

(KRON) -- First Republic Bank, headquartered in San Francisco, announced on Monday that it will be laying off a significant chunk of employees after the bank faced significant drops in revenue over the past year, according to a press release. MacBooks stolen in smash and grab at San Leandro In-N-Out The bank is making plans to reduce expenses, including reducing its workforce by 20-25% in the second quarter of 2023. The press release states that executive officers at the bank will also be facing a compensation cut, and the bank plans to condense office spaces and reduce "non-essential" projects.KRON On is streaming now.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }The company says recent uncertainties in the banking industry resulted in a large outflow of cash. The closure of Sil...

MLB commissioner: 'Sorry' for Oakland fans; A's can compete in Vegas

Published Wed, 26 Feb 2025 11:58:28 GMT

NEW YORK (AP) — Baseball Commissioner Rob Manfred says he feels “sorry for the fans in Oakland” about the Athletics’ plans to relocate to Las Vegas but denies claims by Oakland’s mayor that the franchise used negotiations with the city as leverage.Manfred discussed the plans Monday during a meeting with the Associated Press Sports Editors, adding that he believes the last-place A's can field a more competitive team in Nevada. Source: De’Aaron Fox has fractured finger, could miss Game 5 against the Warriors The franchise announced last week it has signed a binding agreement to purchase land for a new retractable roof ballpark close to the Las Vegas Strip after being unable to construct a new venue in the Bay Area. The A's had been trying to escape the run-down Oakland Coliseum for years, exploring options in Fremont and San Jose before shifting focus to Oakland's waterfront.After the A's announced the land purchase, Oakland Mayor Sheng Thao said in a statem...

The "Pro-Israel" Smear Campaign to Cancel a Global Charity

Published Wed, 26 Feb 2025 11:58:28 GMT

A nonprofit think tank that serves as a fiscal sponsor for hundreds of progressive causes around the world was recently severed from access to vital financial services due to its support of a French NGO working on Palestinian issues.In February, the Alliance for Global Justice, or AFGJ, issued a statement announcing that the company that handled its credit card transactions had blocked its ability to process donations. The move came after a “pro-Israel” group accused one of the organizations sponsored by AFGIJ, the Samidoun Palestinian Prisoner Solidarity Network, of serving as something of a front for a leftist Palestinian militant group that is designated by the State Department as a terrorist organization.“Groups like Alliance for Global Justice provide terror groups with the funding that is critical to their operations and the fact that they do so with U.S. taxpayer subsidies,” an attorney for Zachor Legal Institute told the Washington Examiner. The article also noted that...

P.A.M. Transportation: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 11:58:28 GMT

TONTITOWN, Ark. (AP) — TONTITOWN, Ark. (AP) — P.A.M. Transportation Services Inc. (PTSI) on Monday reported profit of $5.2 million in its first quarter.On a per-share basis, the Tontitown, Arkansas-based company said it had profit of 23 cents. Earnings, adjusted for non-recurring costs, came to 57 cents per share.The trucking company posted revenue of $221.7 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 PTSI at https://www.zacks.com/ap/PTSISource

El Gobierno de Honduras dice que no busca imitar las medidas de Bukele en El Salvador para controlar sus centros penales

Published Wed, 26 Feb 2025 11:58:28 GMT

(CNN Español) — El Gobierno de Honduras no intenta replicar las medidas carcelarias de países como El Salvador, pero sí “poner orden en los centros penales”, aseguró a CNN la viceministra de Seguridad, Julissa Villanueva.Villanueva fue designada por la presidenta Xiomara Castro para restablecer el orden en las prisiones tras los enfrentamientos ocurridos entre reclusos de varios centros penitenciarios durante las últimas semanas que han dejado un preso muerto y casi 30 heridos. El 9 de abril, y ante los constantes motines, Castro anunció la intervención y “mano dura” para frenar la escalada de violencia entre los reos.“Respetamos lo que el presidente de El Salvador Nayib Bukele hace, pero el modelo que ya comenzó a implementarse en Honduras está basado en lecciones positivas de cárceles de EE.UU., México y aún de Centroamérica que van dirigidas al personal penitenciario y no precisamente a los privados de libertad”, explicó la funcionaria.Al menos 11 presos heridos deja enfren...

Independent Bank Group: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 11:58:28 GMT

MCKINNEY, Texas (AP) — MCKINNEY, Texas (AP) — Independent Bank Group Inc. (IBTX) on Monday reported a loss of $37.5 million in its first quarter.The McKinney, Texas-based bank said it had a loss of 91 cents per share. Earnings, adjusted for non-recurring costs, came to $1.07 per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.The bank holding company posted revenue of $213.9 million in the period. Its revenue net of interest expense was $140.7 million, which also missed Street forecasts. Four analysts surveyed by Zacks expected $149.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IBTX at https://www.zacks.com/ap/IBTXSource

ESPN announces layoffs as part of cost cutting by Disney

Published Wed, 26 Feb 2025 11:58:28 GMT

ESPN began informing employees of layoffs Monday, which are job cuts that are taking place throughout its corporate owner, the Walt Disney Company.Disney CEO Bob Iger announced in February that the company would reduce 7,000 jobs either through not filling positions or layoffs.ESPN President Jimmy Pitaro said in a company memo sent to employees that those affected will hear from their supervisor and someone from human relations this week.“As we advance as a core segment of Disney, with operational control and financial responsibility, we must further identify ways to be efficient and nimble,” Pitaro said in the memo. “We will continue to focus our workforce on initiatives that are most closely aligned with our critical priorities and emphasize decision-making and responsibility deeper into the organization.”ESPN was not part of the first phase of Disney reductions last month. Besides this week’s layoffs, another round of job cuts will take place by the start of summer. Both ph...