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Bay Area tech bust emerges after yearslong regional hiring boom

Published Tue, 05 Nov 2024 16:32:56 GMT

The Bay Area tech sector is shedding jobs in a big way after a prolonged pandemic-era hiring boom, an ominous turn for an industry that has spent decades as the primary engine of the region’s economy.Throughout its history, the tech industry has been known for its cycles of cataclysmic hiring downturns followed by equally dramatic upswings. But job losses in the early months of 2023 have unleashed warning signs, and even some soul-searching, in a sector that once again seems to have overstaffed for conditions.“The best way to make sense of this is to understand that tech is having a ‘moment,'” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank. “If you’ve been around long enough, you know that Silicon Valley goes through downturns like this, usually about every eight to 10 years.”Long-time Valley watcher Tim Bajarin agreed. “Hiring and layoffs are not a precise science,” said Bajarin, a p...

San Jose police arrest 4, cite 21 during sideshow over weekend

Published Tue, 05 Nov 2024 16:32:56 GMT

(KRON) -- The San Jose Police Department reported a sideshow that happened Sunday night at the intersection of Old Almaden Road and Curtner Avenue. Police arrested three suspects for fleeing or evading police and one suspect on a felony warrant. They also issued 21 spectator citations and impounded three cars for 30 days, officials said. SJPD officials said tow fees can range from $3,000 to $4,000."Sideshows have no business in San Jose," officials said on social media. "It’s just not worth it. Stay home."This event joins two other sideshows that happened in the Bay Area over the weekend: one in Oakland and another in San Francisco both on Saturday. Video from the San Francisco sideshow shows a red Mustang spinning donuts in front of St. Matthews Lutheran Church. The crowd ebbs and flows around the vehicle to avoid being hit. VIDEO: Sideshows bombard Bay Area intersections overnight The incident in Oakland reportedly had over 100 vehicles participating. Video from the scene shows ...

SpaceX calls off launch attempt of its giant new rocket

Published Tue, 05 Nov 2024 16:32:56 GMT

SOUTH PADRE ISLAND, Texas (AP) — SpaceX calls off launch attempt of its giant new rocket.Source

Malala Yousafzai working on new book, her ‘most personal’

Published Tue, 05 Nov 2024 16:32:56 GMT

NEW YORK (AP) — Nobel laureate Malala Yousafzai is working on a new memoir, the latest book by the young activist from Pakistan known for her advocacy for education for girls and for surviving an assassination attempt by the Taliban when she was in her teens.Atria Books, an imprint of Simon & Schuster, announced the memoir Monday. It is currently untitled and has no scheduled release date. Yousafzai’s previous works include the million-selling “I Am Malala: The Story of the Girl Who Stood Up for Education and Was Shot by the Taliban,” published in 2013, the year before she won the Nobel Peace Prize at age 17. She has since graduated from Oxford University and married Asser Malik, a manager with the Pakistan Cricket Board. Her production company, Extracurricular, has a deal with Apple TV+ for a wide range of film and television projects.“The last few years of my life have been marked by extraordinary transformation, and all the anguish and joy that accompanies growth,” Yous...

Un hombre le disparó a un adolescente que fue a su casa de manera equivocada para recoger a sus hermanos, dice la policía de Kansas City

Published Tue, 05 Nov 2024 16:32:56 GMT

(CNN) — Un adolescente fue baleado y herido por el dueño de una casa después de que, por error, entrara a la casa equivocada para recoger a sus hermanos en Kansas City, Missouri, dijo la policía este domingo.Los agentes respondieron a los informes de un tiroteo en la noche del 13 de abril; cuando llegaron, encontraron a un adolescente que había recibido un disparo del propietario de una casa fuera de ella, según la policía de Kansas City.El adolescente fue llevado a un hospital local, donde este domingo estaba en condición estable, dijo la Policía.Los investigadores de Alabama reconstruyen los detalles del tiroteo en la fiesta de cumpleaños que dejó cuatro muertos y decenas de heridosLa Policía se enteró de que los padres del adolescente le habían pedido que recogiera a sus hermanos en una dirección en 115th Terrace, pero accidentalmente fue a una casa en 115th Street, donde recibió el disparo, según la Policía.El adolescente fue identificado como Ralph Yarl, estudiante de sec...

Yogurt flavors, protects tandoori-inspired chicken kebabs

Published Tue, 05 Nov 2024 16:32:56 GMT

In Indian tandoori cooking, much of the flavor comes from the ripping-hot temperatures, up to 900 F, which send spice and smoke sizzling out the top of barrel-shaped clay ovens.The meat, usually chicken or lamb threaded on skewers, chars beautifully. But why does it emerge from the oven tender and juicy instead of incinerated? Yogurt.As part of a marinade, the dairy’s lactic acid gently breaks down the meat’s proteins in such a way that it retains more moisture during cooking without turning mushy. Thick yogurt also holds seasonings in place so they don’t run off into the fire. And, perhaps most deliciously, the natural sugars in the yogurt caramelize in the high heat. That leaves a charred, beautiful crust with a mellow tang and crispy, flavorful bits.We took inspiration from this tradition for these yogurt-marinated chicken kebabs from our book “Cook What You Have,” which draws on pantry staples to assemble easy, weeknight meals. Our weeknight-friendly, tandoori-inspired skewers f...

Liz Weston: Retiring? If you need a home loan, get one first

Published Tue, 05 Nov 2024 16:32:56 GMT

Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new house.The Barkeys, now 56 and 59, had just sold their longtime home in Southern California and paid cash for a house worth about $850,000 near St. Louis, Missouri. They had retirement accounts worth $3 million, $500,000 in a taxable brokerage account and excellent credit scores.They were surprised when a national bank turned them down. They tried a local credit union, which also rejected them.“We haven’t been turned down for credit since about 1987,” says Kelly Barkey, remembering when the couple applied for a rewards credit card while she was still a college student.HOME LOANS CAN BE HARDER TO GET IN RETIREMENTThe federal Equal Credit Opportunity Act prohibits lenders from discriminating against applicants based on age, but that doesn’t mean getting a home loan in retirement will be easy even for those with good credit,...

1st Quiznos location in Denver closed for unpaid taxes

Published Tue, 05 Nov 2024 16:32:56 GMT

DENVER (KDVR) — The original Quiznos location in Denver has shuttered its doors after signs said it was seized due to unpaid taxes.The first sandwich shop opened in Denver in 1981 and is located in the Capitol Hill neighborhood at 1275 N. Grant St. The location still has a sign out front that reads "Quiznos: The First Location est. 1981."On Monday, FOX31 stopped by the restaurant where documents were posted on the door saying the business was in possession of the manager of finance in the City and County of Denver for non-payment of taxes. Commerce City to hold council meeting following hit-and-run that killed a teen According to the City and County of Denver, the Grant Street location had an underpayment of sales tax that totaled close to $13,000. The restaurant's owner was listed as Dominik Mendoza. FOX31 has reached out to Mendoza for comment on the tax lien but has yet to hear back. According to the notice of final determination posted at the location, the restaurant has 30 d...

Here's why gas prices could keep rising

Published Tue, 05 Nov 2024 16:32:56 GMT

DENVER (KDVR) — If you need to head to the pump to fill up your car on Monday, it is going to cost you more money than it did last week.The average price for a gallon of regular fuel in Colorado is $3.57, which is up 13 cents from last week, according to AAA.Date/Avg.RegularMid-GradePremiumDieselCurrent Avg.$3.578$3.932$4.227$4.143Yesterday Avg.$3.579$3.932$4.219$4.149Week Ago Avg.$3.444$3.795$4.084$4.131Month Ago Avg.$3.828$4.202$4.484$4.550Year Ago Avg.$3.951$4.285$4.584$4.898AAA, April 17, 2023The national average for a gallon of regular fuel is at $3.67, which is up 7 cents since last week.Why could prices keep rising?AAA said that drivers will likely see rising prices at the pump due to the cost of oil rising.“When the cost of crude oil crosses the $80 a barrel mark, that puts a lot of upward pressure on what we pay at the pump,” said Andrew Gross, AAA spokesperson, “and as long as oil costs remain at the current level, drivers will likely see incremental price increases for no...

DeSantis says state lawmakers will ‘formally nullify’ Disney’s attempt to thwart state takeover

Published Tue, 05 Nov 2024 16:32:56 GMT

 (CNN) — Florida Gov. Ron DeSantis said Monday that the Republican-controlled state legislature will take steps to “formally nullify” Disney’s attempts to thwart a state takeover of its special governing powers.In his latest act of retaliation against Disney, DeSantis said lawmakers will advance a bill that will “make sure that people understand that you don’t get to put your own company over the will of the people of Florida.”DeSantis moved earlier this year to take over the Reedy Creek Improvement District, the special taxing district that for half a century gave Disney control over the land around its Central Florida theme parks, and install his political allies on the district’s board of supervisors. However, Disney in February reached an agreement wit the outgoing board that seemed to render the body powerless to control the entertainment giant. The DeSantis administration was unaware of the agreement for a month and vowed retribu...