STORY: “We know that the market is not cheap. If we look at forward earnings, it’s a little bit turn or two higher than historical averages, not aggressively so. So not in a bubble scenario, but it’s certainly not cheap as it stands right now,” he adds.
Casey says he would also like to see stocks outside the megacaps like Apple and Nvidia participate in more of the gains.
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‘Like a teddy bear’: Bob Lee’s friends testify to drug use, character
Two former colleagues and friends of Cash App founder Bob Lee testified today that while the homicide victim used drugs, Lee was not aggressive or erratic. The testimony countered a narrative from his alleged killer that Lee first drew the knife that killed him. Nima Momeni, the man on trial for Lee’s murder, has testified that Lee attacked him with a kitchen knife over a “bad joke,” about spending more time with his family rather than going to a strip club and that Momeni redirected the weapon toward Lee. Momeni’s defense team rested its case earlier this week. Prosecutors today called three rebuttal witnesses to testify to Lee’s character, as well as a San Francisco police captain intended to discredit a former sergeant who on Tuesday testified in support of the plausibility of Momeni’s self-defense claim. Kristina Champion, who worked with Lee when […]
Over 900 mobile home owners in Sweetwater, Florida handed move-out notices amid plans to transform park
Over 900 mobile home owners in Sweetwater, Florida handed move-out notices amid plans to transform park Residents of Li'l Abner Mobile Home Park in Sweetwater, Florida, were recently notified that they'll need to find somewhere else to live and quickly. The community of more than 900 mobile homes, together housing roughly 2,000 to 3,000 people per the mayor's estimate, will close in May 2025 to make way for new affordable and workforce housing. Mobile home owners usually own the home but rent the land it stands on. The land owner in this case, CREI Holdings, says it will provide a financial incentive of $14,000 to residents who leave by January 31, 2025. Those who leave by March 31 or April 30, will receive $7,000 and $3,000, respectively, though many tenants say it's not enough time or money, according to a […]
Judge denies motion to ease house arrest of Jon Jacobo
A San Francisco judge on Thursday denied a motion to loosen the home detention conditions forJon Jacobo, a once-rising star in San Francisco’s politics who was arrested on Aug. 5 for alleged sexual assault. “The motion is denied to the extent that it asks for relief from home detention and [ankle] monitoring,” said San Francisco Superior Court judge Kenneth Wine this morning. “It’s the seriousness of the charges that’s really driving my decision. There are a number of victims with very serious charges.”Jacobo, a longtime Mission District community leader, was first publicly accused of rape in 2021. This April, he resigned from his executive position at affordable-housing developer TODCO, soon after three women accused him of rape and abuse in a San Francisco Standard story. He was arrested on Aug. 5, 2024. Jacobo today showed up in the courtroom in casual clothes […]
Pam Bondi named as new AG pick after Gaetz drops out
Former Rep. Matt Gaetz, President-elect Donald Trump's pick for attorney general, said Thursday he is withdrawing his name for the role -- just a day after Gaetz spoke with Republican senators on Capitol Hill about the nomination process.Trump has named Pam Bondi, the former attorney general of Florida, as his new pick for the role.Another controversial Cabinet pick, Pete Hegseth, is on the Hill on Thursday with Vice President-elect JD Vance to make his case for the secretary of the Department of Defense job.Meanwhile, Trump continues to announce his picks for top jobs inside his administration.Latest DevelopmentsNov 21, 6:56 PMTrump nominates Pam Bondi as new AG pickTrump has nominated Pam Bondi as his new pick for attorney general, after Matt Gaetz withdrew from consideration earlier Thursday.Bondi is the former attorney general of Florida, serving from 2011 to 2019 and marking […]
Mission Local bags two Society of Professional Journalists awards
This here publication last week took home two more awards from the Northern California branch of the Society of Professional Journalists for in-depth coverage and analysis of the sort you expect — and demand — of us. Senior editor Joe Rivano Barros and former data reporter Will Jarrett were honored in the “Explanatory Journalism” category for the mammoth effort of tracing and documenting the Russian dolls-like series of interconnected organizations funneling billionaires’ dollars into San Francisco politics. Joe Rivano Barros, who with Will Jarrett won for the Big Money SF work. Photo by Abigail Van NeelyThe series, titled “BigMoneySF,” included Rivano Barros’ profile of Neighbors for a Better San Francisco, the largest donor over the last several election cycles, and Jarrett’s interactive chart, a stunning accomplishment requiring months of work unearthing reams of financial data structured in a manner so as to render it […]
US airline flight crews confident and angry as unions seek richer contracts
By Rajesh Kumar Singh CHICAGO (Reuters) - Alaska Airlines flight attendant Rebecca Owens works 10 hours a day but only gets paid for half that time - a legacy of a common U.S. airline policy to pay cabin crew members only when planes are in motion. Owens, and thousands of cabin crew like her, wants that to change. In August, 68% of Alaska flight attendants in a ratification vote rejected a contract that would have increased average pay by 32% over three years. It was also the first labor agreement that would have legally required airlines to start the clock for paying flight attendants when passengers are boarding, not when the flight starts to taxi down the runway. Delta Air Lines, the only major U.S. airline whose flight attendants are not in a union, instituted boarding pay for its flight […]
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Over 900 mobile home owners in Sweetwater, Florida handed move-out notices amid plans to transform park
Over 900 mobile home owners in Sweetwater, Florida handed move-out notices amid plans to transform park Residents of Li'l Abner Mobile Home Park in Sweetwater, Florida, were recently notified that they'll need to find somewhere else to live and quickly. The community of more than 900 mobile homes, together housing roughly 2,000 to 3,000 people per the mayor's estimate, will close in May 2025 to make way for new affordable and workforce housing. Mobile home owners usually own the home but rent the land it stands on. The land owner in this case, CREI Holdings, says it will provide a financial incentive of $14,000 to residents who leave by January 31, 2025. Those who leave by March 31 or April 30, will receive $7,000 and $3,000, respectively, though many tenants say it's not enough time or money, according to a […]
Pam Bondi named as new AG pick after Gaetz drops out
Former Rep. Matt Gaetz, President-elect Donald Trump's pick for attorney general, said Thursday he is withdrawing his name for the role -- just a day after Gaetz spoke with Republican senators on Capitol Hill about the nomination process.Trump has named Pam Bondi, the former attorney general of Florida, as his new pick for the role.Another controversial Cabinet pick, Pete Hegseth, is on the Hill on Thursday with Vice President-elect JD Vance to make his case for the secretary of the Department of Defense job.Meanwhile, Trump continues to announce his picks for top jobs inside his administration.Latest DevelopmentsNov 21, 6:56 PMTrump nominates Pam Bondi as new AG pickTrump has nominated Pam Bondi as his new pick for attorney general, after Matt Gaetz withdrew from consideration earlier Thursday.Bondi is the former attorney general of Florida, serving from 2011 to 2019 and marking […]
US airline flight crews confident and angry as unions seek richer contracts
By Rajesh Kumar Singh CHICAGO (Reuters) - Alaska Airlines flight attendant Rebecca Owens works 10 hours a day but only gets paid for half that time - a legacy of a common U.S. airline policy to pay cabin crew members only when planes are in motion. Owens, and thousands of cabin crew like her, wants that to change. In August, 68% of Alaska flight attendants in a ratification vote rejected a contract that would have increased average pay by 32% over three years. It was also the first labor agreement that would have legally required airlines to start the clock for paying flight attendants when passengers are boarding, not when the flight starts to taxi down the runway. Delta Air Lines, the only major U.S. airline whose flight attendants are not in a union, instituted boarding pay for its flight […]
Speaker Johnson says transgender women won’t be allowed to use women’s restrooms in Capitol
House Speaker Mike Johnson said transgender women cannot use women's restrooms in the Capitol and House office buildings. This also applies to changing rooms and locker rooms, Johnson said."All single-sex facilities in the Capitol and House Office Buildings — such as restrooms, changing rooms, and locker rooms — are reserved for individuals of that biological sex," the statement said Wednesday.Johnson continued, "It is important to note that each Member office has its own private restroom, and unisex restrooms are available throughout the Capitol."After winning her election earlier this month to be Delaware's sole representative in the House, Rep.-elect Sarah McBride will be the first openly trans member of Congress.McBride responded to Johnson Wednesday by saying, "I’m not here to fight about bathrooms. I’m here to fight for Delawareans and to bring down costs facing families. Like all members, I will […]
UN watchdog meets to discuss condemning Iran over nuclear program, AP explains
Iran has defied international demands to rein in its nuclear program and has increased its stockpile of uranium enriched to near weapons-grade levels, according to a confidential report by the International Atomic Energy Agency seen by The Associated Press. The AP's Stephanie Liechtenstein explains. Source: www.yahoo.com
Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead
By Tim Hepher BRUSSELS (Reuters) - The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus would "not be a walk in the park". Airbus plans to take over the running of four Spirit plants associated with its A350 and A220 jetliner programmes as part of a loosely coordinated plan to carve up the company with Boeing, which is buying back almost all the rest of its former unit. The rare act of cooperation between business foes reflects concerns that the rapid decline of one of the industry's key suppliers, spun off from Boeing almost 20 years ago, could have spread havoc through the world's largest planemakers. Because the plants lose money, Spirit has agreed to pay $559 million to […]
