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Bay Area office vacancies balloon to all-time highs as tech wobbles

Published Mon, 23 Dec 2024 14:43:33 GMT

SAN JOSE — Office vacancies in the Bay Area have ballooned to all-time highs — and might even worsen in 2024 — fresh evidence that tech cutbacks still haunt the region’s wobbly office market, a report released Tuesday shows.The office availability rate soared to record levels at the end of 2023 in both Silicon Valley and San Francisco, according to a report released by Savills, a commercial real estate firm.The sluggish state of the tech industry in the Bay Area is deemed to be the driving force behind the sky-high availability levels for offices, Savills reported. The office availability rate is a combination of vacant space plus space being offered for sublease.Silicon Valley’s office availability ended 2023 with a record high of 27.5% — which means well over one-fourth of the region’s office spaces were empty and being offered for a direct lease from a property owner or sublease from a tenant that was seeking to downsize its occupancy foo...

High surf advisory begins Wednesday: NWS

Published Mon, 23 Dec 2024 14:43:33 GMT

(KRON) – The National Weather Service issued a high surf advisory beginning from 10 a.m. on Wednesday to 4 a.m. on Thursday for Central and Northern California beaches.  One dead, two injured in rollover vehicle accident The NWS forecasts large and long period swell from the west and northwest that will create hazardous beach conditions. Breaking waves are predicted to be 19 to 23 feet. For your safety, stay off of jetties, stay out of and away from the water, never turn your back on the ocean, and keep pets on a leash and away from the water.

The 1972 Andes plane crash story has been told many times. ‘Society of the Snow’ is something new

Published Mon, 23 Dec 2024 14:43:33 GMT

LOS ANGELES (AP) — When Gustavo Zerbino watched “La Sociedad de la Nieve,” the 1972 plane crash survivor felt as if he was being submerged “into boiling water,” reliving the roughly 70 days he and his teammates were stranded in the snow-covered Andes mountains.Zerbino praised J.A. Bayona’s raw and unfiltered film, which is being released Wednesday as “Society of the Snow” on Netflix in the U.S., but said he also felt the same anxieties and emotions he felt while stranded as a young athlete more than 50 years ago.“Fortunately, that feeling ended in 2 1/2 hours,” he told The Associated Press this past October. (All interviews for this story were conducted in Spanish.)Bayona’s movie is based on Pablo Vierci’s book of the same title, and follows the story of the Uruguayan Air Force plane disaster. The Old Christians rugby team was traveling with relatives and friends to Chile for a match when their plane crashed, stranding them in the mountains where they faced snow storms, avalan...

States and Congress wrestle with cybersecurity after Iran attacks small town water utilities

Published Mon, 23 Dec 2024 14:43:33 GMT

HARRISBURG, Pa. (AP) — The tiny Aliquippa water authority in western Pennsylvania was perhaps the least-suspecting victim of an international cyberattack.It had never had outside help in protecting its systems from a cyberattack, either at its existing plant that dates to the 1930s or the new $18.5 million one it is building.Then it — along with several other water utilities — was struck by what federal authorities say are Iranian-backed hackers targeting a piece of equipment specifically because it was Israeli-made.“If you told me to list 10 things that would go wrong with our water authority, this would not be on the list,” said Matthew Mottes, the chairman of the authority that handles water and wastewater for about 22,000 people in the woodsy exurbs around a one-time steel town outside Pittsburgh. The hacking of the Municipal Water Authority of Aliquippa is prompting new warnings from U.S. security officials at a time when states and the federal government are wrestling with how...

Corcept Therapeutics, PNM Resources fall; Valaris, Johnson & Johnson rise, Tuesday, 1/3/2024

Published Mon, 23 Dec 2024 14:43:33 GMT

NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday:ASML Holding N.V. (ASML), down $27.90 to $729.02.The equipment supplier to semiconductor makers said it is facing export restrictions to China from the Dutch government on certain machines.Baidu Inc. (BIDU), down $3.60 to $115.49.The web search company terminated its plan to buy JOYY’s live-streaming operations in China.Tesla Inc. (TSLA), up $1.45 to $249.93.Steep price cuts helped the electric vehicle maker increase its fourth-quarter vehicle sales by almost 20%.Valaris Ltd. (VAL), up 71 cents to $69.28.The offshore drilling services company announced a multi-year contract with Petrobras offshore Brazil.Corcept Therapeutics Inc. (CORT), down $8.93 to $23.55.The pharmaceutical company lost a patent dispute involving its Cushing’s syndrome drug Korlym with Teva.PNM Resources Inc. (PNM), down $2.39 to $39.21.Iberdrola’s Avangrid unit is terminating its plan to buy the power c...

Canada knocked out of world juniors by the Czech Republic in the quarterfinals on a last-minute goal

Published Mon, 23 Dec 2024 14:43:33 GMT

GOTHENBURG, Sweden (AP) — St. Louis Blues prospect Jakub Stancl scored his second goal of the game with 11.7 seconds left in third period as the Czech Republic beat Canada 3-2 in the quarterfinals of the IIHF world junior hockey championship, knocking one of the tournament favorites out in stunning fashion.Tomas Cibulka had the other goal for the Czechs. Carolina Hurricanes 2022 draft pick Jakub Vondras got the win.Finland beat Slovakia 4-3 in overtime to also advance to the semifinals of the under-20 tournament. The United States played Latvia and host Sweden was set to face Switzerland in other quarterfinal action.Canada had won each of the previous two world junior tournaments and three of the past four.___AP hockey: https://apnews.com/hub/hockeySource

Patriots fall to 4-12 and clinch worst season in Belichick’s coaching career

Published Mon, 23 Dec 2024 14:43:33 GMT

The game meant nothing to the New England Patriots. And any chance they had of playing spoiler disappeared in a turnover-filled first half. Bailey Zappe threw three interceptions on two of his first three passes, added another in the second quarter and his first completion was fumbled away by receiver Pharaoh Brown in Sunday’s 27-21 loss to the Buffalo Bills. With the loss, the Patriots clinched the worst record of Bill Belichick’s coaching career.“That first half, you can’t do that. You can’t turn the ball over four times,” center David Andrews said. “The best team in the world, it’s hard to win when you turn the ball over four times.”The Patriots remained in the game thanks in part to Jalen Reagor’s touchdown on the game-opening kickoff. But, down one score, they couldn’t get a first down on their last possession and then they couldn’t stop the Bills, allowing them three first downs on a game-ending drive that ate the last 5:02 off the clock.“Obviously, a terrible first 20 m...

Colorado teen to compete at 2024 Youth Olympics in South Korea

Published Mon, 23 Dec 2024 14:43:33 GMT

DENVER (KDVR) -- It's said 10,000 hours of any activity could make you an expert. At just 15 years old, Hunter Maytin from Aspen has likely logged way more than 10,000 hours on his skis. "I've been skiing basically ever since I could walk," Maytin said. "I really like the adrenaline it gives you, it's really fun." Why you should keep your Christmas lights up through the end of January Fun is one way to describe his interest in the sport. He's now competing at a global level, flying out to South Korea to represent the United States in the fourth Youth Olympic Games in January.Hunter's work started well before then. "Over the summer, it's a lot of trampoline, working out in the gym," Maytin said.The trampoline is for practicing his turns and flips. Come winter, he's hitting the slopes to put these amazing, at times breathtaking moves to work."It's honestly more fun than it is scary because there's not many people that ski halfpipe. Everybody that skis halfpipe are friends," Maytin s...

Man wanted for allegedly stealing purse from cemetery

Published Mon, 23 Dec 2024 14:43:33 GMT

DENVER (KDVR) — Deputies are searching for a man who allegedly stole a woman's purse while she was visiting a cemetery and made fraudulent purchases with her cards.According to the Jefferson County Sheriff's Office, the theft took place on Saturday, Dec. 16 at the Crown Hill Cemetery located in the 12000 block of West 44th Avenue in Wheat Ridge.Deputies said a woman was visiting a grave when her vehicle was broken into, and her purse was stolen.The suspect allegedly used her stolen credit cards at a King Soopers and Walmart near 58th Avenue and Independence Street in Arvada. However, several of the purchases were unsuccessful. Suspect allegedly assaulted, kidnapped woman in Aurora Deputies said the suspect was able to complete two purchases for a total of $700. Both purchases were made shortly after noon on Dec. 16.Police are searching for this man who allegedly stole a woman's purse from a cemetery and used her credit cards. (Jefferson County Sheriff's Office) Police are searchin...

Colorado town among the most affordable mountain destinations

Published Mon, 23 Dec 2024 14:43:33 GMT

DENVER (KDVR) -- Colorado has an almost endless number of mountain getaways, but some of them are more affordable than others to visit.That is according to the travel website Trips To Discover, which put together a list of destinations that, while not as glitzy as the likes of Aspen or Vail, can still deliver gorgeous mountain views and winter activities without emptying your bank account.The list included Leadville, which is the highest incorporated city in the nation, sitting at 10,152 feet above sea level. These new routes will start flying from Denver airport next year While Leadville does not feature any ski resorts of its own, there are a number nearby. Trips To Discover specifically mentioned Ski Cooper, which is just a few miles north of the town.The town also has a few events, including the Leadville Ski Joring and Crystal Carnival Weekend in March and the Leadville Boom Days in August.The list also pointed out the town's many museums and the Leadville Historic District, ...