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GOP Rep. Kevin McCarthy of California is resigning, months after his ouster as House speaker

Published Mon, 23 Dec 2024 11:31:17 GMT

By MICHAEL R. BLOOD | AP Political WriterLOS ANGELES — Two months after his historic ouster as House speaker, Republican Rep. Kevin McCarthy announced Wednesday that he is resigning from his congressional seat in California.His announcement capped a stunning end for the one-time deli owner from Bakersfield, who ascended through state and national politics to become second in line to the presidency before a contingent of hard-right conservatives engineered his removal in October.McCarthy is the only speaker in history to be voted out of the job.“No matter the odds, or personal cost, we did the right thing,” McCarthy wrote in an op-ed in The Wall Street Journal, announcing his decision.“It is in this spirit that I have decided to depart the House at the end of this year to serve America in new ways,” he wrote.His toppling from the chamber’s top post was fueled by grievances from his party’s hard-right flank, including over his decision to work with Democrats to keep the federal govern...

Protesters march on Golden Gate Bridge, hoist Palestinian flag

Published Mon, 23 Dec 2024 11:31:17 GMT

SAN FRANCISCO (KRON) -- A group of protesters marched on the Golden Gate Bridge Wednesday morning to call for a cease-fire in the ongoing war between Israel and Hamas. Video from the bridge showed the protesters sticking to the sidewalk, unlike the protest last month on the Bay Bridge, which blocked traffic for several hours. Another San Francisco restaurant abruptly closes At the Golden Gate Bridge observation area, protesters also managed to hoist a Palestinian flag beneath the American flag. A small group of the marchers appeared to be congregating at the base of that flag pole. The group appears to be relatively small, a few dozen protesters, compared to recent protests that have seen hundreds, and even thousands of participants.This is a developing story. Check back for updates.

SF sues 3 online tobacco retailers for unlawfully selling flavored products

Published Mon, 23 Dec 2024 11:31:17 GMT

(BCN) -- San Francisco City Attorney David Chiu said Wednesday the city is suing three online tobacco retailers for unlawfully selling flavored tobacco products and electronic cigarettes to consumers in San Francisco. Bay Area weather: As fog moves out, high surf and rain move in The suit alleges Millennial One, Inc., Gashiro Technology LLC, and DaSmokey LLC, violated local laws meant to prevent youth nicotine addiction and tobacco use, which Chiu said in a statement violates the state's unfair competition law."These tobacco retailers are putting our children's lives at risk with their flagrant disregard of the law," said Chiu. "Tobacco companies reinvented their products to appeal to young people with candy-flavored e-cigarettes, unraveling decades of progress reducing youth tobacco use.KRON On is streaming live.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-con...

5 Bay Area cities among places where homes are selling the fastest

Published Mon, 23 Dec 2024 11:31:17 GMT

The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But things are more muted in 2023 as high home prices and mortgage interest rates spook potential buyers.In October, the median number of days a home spent on the market was 34, one day less compared to the year before. Another San Francisco restaurant abruptly closes When homes sell faster, it can be a sign that any given market is less buyer-friendly, and decisions must be made quickly.Stacker compiled a list of metros where homes are selling the fastest, using data from Redfin. Metros are ranked by the most days listed for sale for October, with the metros with the most home sales ranked higher in cases of ties. Metros with over 300 home sales were included.Sean Pavone // Shutterstock#50. Oklahoma City- Median days on market: 22- Median sale price: $247,000- Total homes sold: 1,587Canva#49. Mobile, Alabama- Median days on mar...

McDonald's plans unprecedented growth over the next 4 years with 10,000 new stores

Published Mon, 23 Dec 2024 11:31:17 GMT

McDonald’s expects to open nearly 10,000 restaurants over the next four years, a pace of growth that would be unprecedented even for the world's largest burger chain.Ahead of a day-long event for investors, the Chicago burger giant said Wednesday that it aims to have 50,000 restaurants in operation worldwide by the end of 2027. McDonald’s had 40,275 restaurants at the start of this year.Other national chains are expanding at a rapid clip as well. Starbucks said last month it expects to have 55,000 stores globally by 2030, up from 38,000 today. Another San Francisco restaurant abruptly closes More details are expected Wednesday during McDonald's investor event, including where store growth will be concentrated.The company also announced a partnership with Google Cloud, which it said Wednesday will help it accelerate automated services and reduce complexity for its employees.McDonald’s same-store sales rose nearly 9% worldwide in the third quarter, even as U.S. traffic fell slightly...

It’ll be Aldi vs. Lidl in College Park

Published Mon, 23 Dec 2024 11:31:17 GMT

The new grocery store is opening at 8904 62nd Avenue just off Greenbelt Avenue on Thursday. (Courtesy Aldi)Discount grocer Aldi will be opening its newest Maryland store in College Park this Thursday.The new Aldi, at 8904 62nd Avenue just off Greenbelt Avenue, is about a mile away from rival Discount Grocer Lidl’s College Park store on Baltimore Avenue, which opened in 2019.It’s also across the street from a Giant Food grocery store and a Target store.As usual, Aldi will make a big deal out of the College Park store’s Thursday grand opening.The first 100 customers will receive a gift card, and shoppers can enter a sweepstakes for a chance to win a $500 Aldi gift card during the grand opening weekend through Dec. 10.Aldi now has 65 stores in Maryland and 74 stores in Virginia. It’s one of the fastest growing retailers in the U.S.Earlier this year, Aldi agreed to buy 400 Winn-Dixie and Harvey’s supermarkets in the Southern U.S. Aldi has opened more than 1...

Campbell Soup, Delta rise; British American Tobacco, Brown-Forman fall, Wednesday, 12/6/2023

Published Mon, 23 Dec 2024 11:31:17 GMT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:Toll Brothers Inc. (TOL), up $2.07 to $89.28The homebuilder beat Wall Street’s profit targets thanks to lower mortgage rates and “solid” demand for new homes.British American Tobacco PLC (BTI), down $2.74 to $28.80The company wrote down $31.5 billion of the value of Lucky Strike and other U.S. cigarette brands.Campbell Soup Co. (CPB), up $2.90 to $43.27The New Jersey-based canned soup maker easily beat Wall Street’s profit forecasts. SentinelOne Inc. (S), up $3.77 to $23.77The security software provider’s results beat analysts’ expectations and it raised its full-year forecast.Brown-Forman Corp. (BF.B), down $5.91 to $54.32The maker of Jack Daniel’s whiskey reported weaker earnings than analysts expected and cut its sales forecast.Delta Air Lines Inc. (DAL), up $1.63 to $39.24The airline reaffirmed its profit forecast for the fourth quarter and full year.Ollie’s Bar...

Russia’s Putin is visiting the UAE and Saudi Arabia, seeking to bolster Moscow’s Mideast clout

Published Mon, 23 Dec 2024 11:31:17 GMT

DUBAI, United Arab Emirates (AP) — Russian President Vladimir Putin visited the United Arab Emirates and Saudi Arabia on Wednesday in a lightning tour intended to raise Moscow’s profile as a Middle East power broker, even as his war in Ukraine grinds on.Putin landed in Abu Dhabi, the capital of the Emirates, that is hosting the United Nations’ COP28 climate talks. It was his first trip to the region since before the coronavirus pandemic and the 2022 invasion of Ukraine.Speaking at the start of his talks with UAE President Mohammed bin Zayed Al Nahyan, Putin offered to discuss energy cooperation, the conflict in the Middle East and the “Ukrainian crisis.” He praised the current state of Russia’s relations with the UAE and congratulated the country for hosting the COP28 climate talks.Putin, who has limited his foreign travel since sending troops into invade Ukraine, visited China in October and made several trips to former Soviet nations in recent months. He faces an...

Ford C. Frick Award Recipients

Published Mon, 23 Dec 2024 11:31:17 GMT

2024 — Joe Castiglione2023 — Pat Hughes2022 — Jack Graney2021 — Al Michaels2020 — Ken Harrelson2019 — Al Helfer2018 — Bob Costas2017 — Bill King2016 — Graham McNamee2015 — Dick Enberg2014 — Eric Nadel2013 — Tom Cheek2012 — Tim McCarver2011 — Dave Van Horne2010 — Jon Miller2009 — Tony Kubek2008 — Dave Niehaus2007 — Denny Matthews2006 — Gene Elston2005 — Jerry Coleman2004 — Lon Simmons2003 — Bob Uecker2002 — Harry Kalas2001 — Felo Ramirez2000 — Marty Brennaman1999 — Arch McDonald1998 — Jaime Jarrin1997 — Jimmy Dudley1996 — Herb Carneal1995 — Bob Wolff1994 — Bob Murphy1993 — Chuck Thompson1992 — Milo Hamilton1991 — Joe Garagiola1990 — By Saam1989 — Harry Caray1988 — Lindsey Nelson1987 — Jack Buck1986 — Bob Prince1985 — Buck Canel1984 — Curt Gowdy1983 — Jack Brickhouse1982 — Vin Scully1981 — Ernie Harwell1980 — Russ Hodges1979 — Bob Elson1978 — Mel Allen and Red BarberSource

Big bank CEOs warn that new regulations could harm the economy

Published Mon, 23 Dec 2024 11:31:17 GMT

NEW YORK (AP) — The heads of Wall Street’s biggest banks used an appearance on Capitol Hill to plead with senators to stop the Biden administration’s proposed changes to how banks are regulated, warning that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation. Wall Street’s most powerful bankers have regularly appeared in front of Congress going back to the 2008 financial crisis. Among those testifying before the Senate Banking Committee Wednesday include JPMorgan’s Jamie Dimon, Bank of America’s Brian Moynihan, Jane Fraser of Citigroup and Goldman Sachs’ David Solomon. Whereas in previous years the bank CEOs used the hearing to highlight the industry’s good deeds, this year they’re warning about the potential dangers of over-regulating the industry. The banks are adamantly against new regulations proposed by the Biden administration that could hit their profitability hard, including new rules from the...