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☆ The $5 McDonald's meal may be making a grand comeback — but only for a month
▼ + stars: | 2024-05-13 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

McDonald's reportedly plans to launch a limited-time $5 meal. AdvertisementMcDonald's is looking to launch a $5 meal in the US in a move to bring back price-sensitive customers. CEO Chris Kempczinski said McDonald's has local value meals around the US, but no standard national offering like competitors do. A meal consisting of the same four items — a McChicken, fries, a drink, and four-piece chicken nuggets — costs $18.26 in downtown New York City. AdvertisementThe new bundle would be priced lower than a Happy Meal, which starts at $6.39 in downtown Manhattan.

Persons: McDonald's, —, Ian Borden, they're, Chris Kempczinski, Gunther Plosch Organizations: Service, Bloomberg, Restaurant Business, Customers, downtown, Burger King, Restaurant Brands Locations: New York City, downtown San Francisco, Manhattan

☆ Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman
▼ + stars: | 2024-03-27 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

Bankman-Fried, the founder and former CEO of failed crypto exchange FTX, will head on Thursday to a federal court in downtown Manhattan, where U.S. District Judge Lewis Kaplan will deliver his sentencing. After a month of personally dabbling in the market, Bankman-Fried launched Alameda Research, named after the California county that housed his first office. The so-called crypto winter of 2022 wiped out hedge funds and lenders across the crypto universe. May of 2022 brought the crash of stablecoin Luna, creating a domino effect that sent crypto prices plunging, devastating other lenders. On Nov. 2, 2022, crypto trade site CoinDesk publicized details of Alameda's balance sheet, which showed $14.6 billion in assets.

Persons: Samuel Bankman, MacKenzie Sigalos, Sam Bankman, Fried, Damian Williams, District Judge Lewis Kaplan, they'd, FTX, Amr Alfiky, Jane Street, Goldman Sachs, stablecoin Luna, Solana, Changpeng Zhao, Binance, Zhao, Jane Rosenberg, he'd, Cromwell, John J, Ray, confidants, — CNBC's Rohan Goswami Organizations: CNBC, Metropolitan Detention, U.S, District, Prosecutors, Reuters, Jane, Alameda Research, Formula, Democratic, Voyager, Alameda, FTX, Industry, Investors, Enron, Securities and Exchange Commission, Stanford University Locations: San Francisco, he's, Brooklyn, Manhattan, U.S, New York City, South Korea, Alameda, California, Miami, Washington, Solana, FTX, New York, Palo Alto , California

☆ A real-estate investor who owns 110 units switched from residential to commercial properties because they make money faster. He shares his strategy for beefing up the cash flow they generate.
▼ + stars: | 2024-03-19 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Like most investors that use the method, he was initially fixing up residential properties and renting them out to tenants. Instead of buying homes to fix up, he started purchasing commercial properties like office buildings, warehouses, and retail spaces. Related storiesThe better a commercial property is, the more rent one can charge for it, which directly impacts its value. In seven of the commercial properties that Craig owns, he said he has a 100% occupancy rate. "I'm just grinding way harder than any commercial real estate broker would ever grind for me because they have 50 or 100 clients."

Persons: —, Adam Craig, it's, Craig, they're, he's Organizations: Service, Business Insider, Business Locations: San Francisco , New York City

The reversal comes as other high-profile liberal jurisdictions are also getting tougher on drugs and crime. And on Super Tuesday, San Francisco voters approved ballot measures that expand police powers and impose mandatory drug-screening and treatment requirements for welfare recipients. San Francisco had more than 800 motor vehicle thefts per 100,000 residents and – though a decline from 2022 – more than 20,000 car break-ins, according to The San Francisco Standard . In 2019, the year before voters approved the decriminalization measure, Oregon saw 280 accidental opioid overdose deaths, according to state public health authorities . “If you were to ask the public at large I think there’s a perception that it hasn’t worked,” says Hansen.

Persons: ” Kassandra Frederique, “, ” Leo Beletsky, –, Bob Lee, Henry Cuellar, Democrat –, Mayor London Breed, It’s, ” Beletsky, Tina Kotek, George Floyd’s, ”, Ben Hansen, hasn’t, Hansen Organizations: Drug Policy Alliance, Washington , D.C, San Francisco, Northeastern University, D.C, San Francisco Standard, Republican, Democrat, Mayor London, University of Oregon Locations: Oregon, Washington ,, Washington, carjackings, San Francisco, downtown San Francisco, Portland, Portland –, West Coast

☆ Regional banks were all ‘guilty until proven innocent’ after Silicon Valley Bank, Citizens CEO says
▼ + stars: | 2024-03-10 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +9 min

Other regional bank stocks got slammed: By the end of the day, most saw their stock down by double-digit percentages. Kori Suzuki/ReutersIt’s been exactly one year since that fateful day marked the start of a string of subsequent bank failures. Because of that, “there will be bank failures,” Federal Reserve Chair Jerome Powell warned senators in his semi-annual testimony last week. Bruce Van Saun: People like to call last year’s bank failures regional bank failures. Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.

Persons: Bruce Van Saun, NYCB, Kori Suzuki, Reuters It’s, it’s, Jerome Powell, Van Saun, Richard Drew, didn’t, Michael Nagle, Joseph Otting, Otting, CARLOS BARRIA, we’re, we’ve Organizations: New, New York CNN, Citizens Financial Group, New York Community Bank, NYCB, Reuters, CNN, Signature Bank, Silicon Valley Bank, Citizens Financial, Providence, Financial Group, Bloomberg, SVB, we’re, SoFi, Citizens, OneWest Bank, CIT Group, REUTERS Locations: New York, Silicon, San Francisco , California, Providence , Rhode Island, Covid

☆ Salesforce's behind-the-scenes co-founder is tackling Slack as software company turns 25
▼ + stars: | 2024-03-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +16 min

"The V2MOM had nothing about generative AI," Parker Harris, who co-founded the company with Benioff, told CNBC in an interview. Harris, a Salesforce board member and now the technology chief of Slack, which Salesforce bought in 2021, said he'd rather avoid the limelight. Without the Data Cloud, Harris told CNBC, "I think we would have been in a much worse place." He told Benioff he'd redo the plan, the person said. They'll be talking more frequently, as Harris said they're about to kick off weekly meetings on Slack and Salesforce integrations.

Persons: Parker Harris, Marlena Sloss, Marc Benioff, ChatGPT, Benioff, Salesforce, Harris, Slack, he'd, Sam Altman, Noah Berger, Robin, Batman, Frank Dominguez, Dave Moellenhoff, Bobby Yazdani, Larry Ellison, Yazdani, Dominguez, Brett Queener, who's, Queener, Salesforce.com, He's, Ruth Asawa, Josef Albers, Miles Davis, Donald Trump, Jason Alden, Marc, Kara Swisher, David Paul Morris, Adam Selipsky, it's, Stewart Butterfield, Lidiane Jones, Cal Henderson, Benioff's, Parker, Noah Weiss, Denise Dresser, Weiss, Parker Harris emoji, They'll, Salesforce integrations, Stefan Slowinski Organizations: Salesforce, Bloomberg, Getty, CNBC, Google, Microsoft, Middlebury College, Apple, San, San Francisco Bay Area, Metropolis Software, Software, Saba Software, Oracle, San Francisco's Telegraph, YouTube, Facebook, Economic, Salesforce.com Inc, Web, VMware, Employees Locations: San Francisco, Silicon Valley, English, Vermont, North Carolina, San Francisco Bay, Moellenhoff, Kincaid's, Burlingame, San Francisco's, Salesforce, France, Italy, Nantucket, San, Pacific, Davos, Switzerland, Cliff, New York, Las Vegas, Hawaii

☆ A boomer couple 'couldn't get out of California fast enough' and moved to Kansas for retirement. Living costs are cheaper, and making friends is much easier.
▼ + stars: | 2024-03-05 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

A boomer and his wife moved to Kansas after living in California for 50 years. He and his wife sold their house for $1.4 million and bought a historic Kansas home for under $400,000. He said it's much easier to make friends in Kansas, and the cost of living is much lower. In 2020, he and his wife sold their home and moved to a suburb of Kansas City. While the California to Texas and California to Arizona routes were the most popular, over 5,500 people moved from California to Kansas between 2021 and 2022.

Persons: —, Mike H, Mike, couldn't, didn't, let's, we'd Organizations: Service, downtown, Kansas City, Westwood, Kansas -, Kansas, National Register of Historic Places Locations: Kansas, California, Kansas City, Texas, Arizona, Minneapolis, Noe, downtown San Francisco, Phoenix, Reno, Kansas - Missouri, Bay, Minnesota

☆ ‘Dune: Part Two’ Gives Sci-Fi-Obsessed Silicon Valley a Reason to Party
▼ + stars: | 2024-03-04 | by ( Mike Isaac | ) www.nytimes.com time to read: +1 min

In a top-floor atrium in downtown San Francisco on Thursday evening, tech workers from Google, Slack, X and Mozilla mingled next to a pair of cardboard cutouts of Timothée Chalamet and Zendaya. Alex Stamos, the former head of security at Facebook, was also spotted. “Do you think they’ll let me take home one of the freaky sandworm popcorn buckets?” someone in the crowd tittered. The techies were all there to celebrate Silicon Valley’s newest obsession: “Dune: Part 2,” the latest movie adapted from the Frank Herbert-authored science-fiction saga, which helped inspire many of them to become interested in technology. The film, which follows the 2021 installment “Dune,” sold an estimated $81.5 million in tickets in the United States and Canada over the weekend, the biggest opening for a Hollywood film since “Barbie.”

Persons: Zendaya, Dustin Moskovitz, chatted, Tim O’Reilly, Alex Stamos, Frank Herbert, ”, “ Barbie Organizations: Google, Mozilla, Facebook Locations: San Francisco, United States, Canada

☆ To Save San Francisco, a Democrat Wants to Scrap Environmental Reviews
▼ + stars: | 2024-02-16 | by ( Heather Knight | ) www.nytimes.com time to read: 1 min

Not long ago, it would have sounded preposterous: A San Francisco Democrat asking to peel back California’s treasured environmental protections in the heart of the city. It would have been like painting the Golden Gate Bridge gray or cheering on the Los Angeles Dodgers. It just would not have flown. But as California grows more desperate for housing and San Francisco struggles to revive its city core, State Senator Scott Wiener says one thing must go: environmental review. Mr. Wiener on Friday will propose one of the broadest rollbacks of the once-vaunted California Environmental Quality Act by asking the state legislature to allow most projects in downtown San Francisco to bypass the law for the next decade.

Persons: Scott Wiener, Wiener Organizations: San Francisco Democrat, Los Angeles Dodgers Locations: California, San Francisco

☆ A former Twitter engineer says Elon Musk wrongly fired him for leaking information to the press
▼ + stars: | 2024-02-14 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Read previewA former engineer at Twitter, now X, says that he was wrongfully fired from his job after being accused of leaking information to the press. Speaking to Zoë Schiffer in her newly released book, "Extremely Hardcore," Lin said that someone lied about him leaking information to the press. So when Elon Musk took over Twitter in October 2022, the engineer was on board. AdvertisementWorkers install lighting on an "X" sign atop the downtown San Francisco building that housed what was formally known as Twitter, rebranded X by owner Elon Musk. Lin still insists that he had no involvement in leaking information, Schiffer writes in the book.

Persons: —, Randall Lin, Zoë Schiffer, Lin, Schiffer, Jack Dorsey, Elon Musk, Noah Berger, I've, Zoë, James Musk, Elon Musk's, Elon Organizations: Service, Twitter, Elon, Business, Twitter's San, Workers Locations: Twitter's, Twitter's San Francisco, San Francisco

☆ Why do people keep uninsured money in banks?
▼ + stars: | 2024-02-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Somehow, the same issue plaguing last year’s failed banks is back in focus at the latest bank in crisis: massive loads of uninsured deposits. To be sure, the risk isn’t anywhere close to that of the banks that failed last year: About 94% of domestic deposits at Silicon Valley Bank were uninsured and 90% of Signature Bank’s deposits were uninsured, according to the Federal Reserve. The money is guaranteed by the Federal Deposit Insurance Corporation, which is funded by fees paid by major US banks. About 40% of all money in the US, or $8 trillion, sitting in banks is uninsured, said Lawrence White, a professor at New York University’s Stern School of Business. “It also risks violating the FDIC’s statutory requirement to resolve failed banks and protect insured depositors in the least expensive way possible.”Sometimes, he said, rescuing those uninsured depositors may be the cheapest way to protect insured depositors at banks.

Persons: NYCB, Brian Snyder, James Lee, David Wessel, Lawrence White, University’s, Banks, Ting Shen, ”, Kori Suzuki, JPMorgan Chase, Michael Ohlrogge, Maxine Waters, Elizabeth Warren, “ Organizations: New, New York CNN, New York Community Bancorp, Investors, Silicon Valley Bank, Federal Reserve, Bank, Xinhua, Federal Deposit Insurance Corporation, FDIC, Reuters, Brookings Institution, International Monetary Fund, University’s Stern School of Business, US Treasury, Bloomberg, Getty, Securities and Exchange Commission, Valley Bank, Signature Bank, JPMorgan, Bank of America, Citigroup, First Republic Bank, New York University’s School of Law, Financial Services, Banking Committee, CBS, Bank Coalition of America Locations: New York, Silicon, United States, New, ”, Washington , DC, San Francisco , California, Sen

DETROIT (AP) — A couple of blocks from the San Francisco-Oakland Bay Bridge, Electrify America is about to open an indoor charging station that lets drivers relax in a lounge while their electric vehicle batteries are being filled up. On Santa Monica Boulevard in Los Angeles, Tesla is building a combination drive-in restaurant, movie theater and charging station. Several convenience store chains have set up charging stations outside their businesses and offer food, restrooms and 24-hour service for EV owners. He said he doesn't necessarily think charging stations with more amenities will become a big attraction for most EV owners. Sometimes, businesses near charging stations are closed, and there's no place to go while charging.

Persons: Tesla, Robert Barrosa, ” Barrosa, Barrosa, ”, Rick Wilmer, Bruce Westlake, Kevin Smith, Smith, Joe Biden, Westlake, “, ” Westlake Organizations: DETROIT, downtown, EV, Santa, ”, Eastern Michigan Electric Vehicle Association, “ Locations: San Francisco, Oakland, America, downtown San Francisco, United States, Santa Monica, Los Angeles, U.S, Atlanta, South Market, Midwest, Murfreesboro , Tennessee

Nearly half of all flash flood deaths are vehicle-related, experts say, which is why you should never drive into a flooded street. Here’s what to do in advance — and in the moment — to get through a flash flood safely. A “flash flood warning” means a flash flood is imminent or already occurring, and you should immediately move to higher ground if you’re outside or in a basement apartment. The most dire alert is a “flash flood emergency,” which indicates that not only is flooding occurring, but it’s posing a severe threat to human life. “People need to realize that most people who lose their footing in a flash flood don’t get out,” she said.

Persons: there’s, ”, Bonnie Schneider, Schneider, it’s, Hurricane Ida, You’ll, Ready.gov, David Markenson, ‘ It’s, Sabine Marx, I’m, Julie Munger, Munger, “, Dr, Markenson, you’re, don’t, they’re, Ms, Lynn Burttschell, Burttschell, Eugene Resnick, ’, ” Susan Shain Organizations: National Weather Service, Federal Emergency Management Agency, Cross Training Services, Columbia University’s National Center for Disaster Preparedness, Sierra Rescue, FEMA, Wimberley, Metropolitan Transportation Authority, New York Times Locations: United States, New York City, New York, Madison, Wis

☆ The 15 most expensive U.S. neighborhoods per square foot—No. 1 is 2,000% higher than average
▼ + stars: | 2024-01-29 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

The cost per square foot in South of Market — also known as SoMa — is $5,415. Just over 120 miles away is Northwest Auburn, California, the second-highest priced U.S. neighborhood at $4,416 per square foot. The Old Town neighborhood of the beachside California town of Carpinteria comes in third in the rankings, with a cost per square foot of $4,129. In contrast, the Homewood North neighborhood in Pittsburgh ranks last amongst the 20,000 neighborhoods examined for the study, with homes costing $29 per square foot. The rankings are based on average price per square foot data for U.S. homes using Homes.com listing data.

Persons: — Organizations: Northwest Auburn, Downtown, Port Royal, Stinson, Casa, Fisher, Hudson, downtown, Rush, Homes Locations: San Francisco, U.S, Market, Auburn , California, Carpinteria, California, Downtown Bellevue, Bellevue , Washington, Naples, Florida, Shores, Stinson Beach , California, Hibiscus Islands, Miami Beach , Florida, Newport Beach , California, Lago, Palm Beach , Florida, , New York City, Hill , New York City, Miami, downtown San Francisco, Northwest Auburn , California, Sierra Nevada, Auburn, Sacramento, Old, Homewood, Pittsburgh, Montana , South Dakota , Wyoming, North Dakota, Virginia

Today, remote work has declined from its levels of the pandemic but is still – depending on how broadly one measures it – three to four times as prevalent as it was in 2019. And remote work tends to be dominated by higher-educated employees, with nearly 40% of those holding advanced degrees hybrid or fully remote. In early January, LinkedIn’s Global State of Remote and Hybrid Work study found that at its peak, in April of 2022, the share of job postings that offered remote work reached 20.3%. The more enduring feature of remote work is now hybrid.”There are also substantial differences within industry and among countries. “You’re moving to where the housing is cheaper.”Not that it is all rosy when it comes to remote work.

Persons: ”, Kory Kantenga, Sandra Moran, Julia Pollak, Nick Bunker, Layla O’Kane, Lightcast, Morris Davis, Andra Ghent, Jesse Gregory, ” Goldman Sachs, Boyer, Brad Case, “ That’s, Software’s Moran Organizations: LinkedIn, Workforce Software, LinkedIn’s Global, Labor Statistics, North, “, Oxford University Press, Economic Studies, Rutgers University, Andra, University of Utah, University of Wisconsin, Ivory, Google, NASA, Middleburg Communities, Green Mountain Locations: U.S, Israel, Ghent, Real Estate, Santa Ana , California, LLC.org . New York, Huntsville , Alabama, Huntsville, Glendale , Arizona, Phoenix, Arlington , Texas, Dallas, Middleburg, San Francisco, New York, Charlotte, Raleigh , North Carolina, Orlando, Jacksonville , Florida, Houston, San Antonio , Texas, Florida, Texas, Vermont, Green Mountain State, California

☆ Deloitte's Kwasi Mitchell on 2024: It's our job to make college students less nervous about the future of work
▼ + stars: | 2023-12-18 | by ( Josée Rose | ) www.businessinsider.com time to read: +8 min

I first spoke to Kwasi Mitchell, Deloitte's first chief purpose officer, in March about change in corporate America. For one, his role evolved from broadly touching on sustainability, equity, and social impact to overseeing all DEI — diversity, equity and inclusion — responsibilities at the consulting firm. Mitchell's insights are part of Business Insider's year-end leadership package, "Looking Ahead 2024," which digs into vision, strategy, and challenges across corporate America. I distinctly remember sitting across the table, starting to work with our collaborators on what actually could this be. Having a coalescing force with a few organizations to drive momentum could be really really interesting and impactful in the future.

Persons: Kwasi Mitchell, Deloitte's, Mitchell, there's, He's, we've Organizations: Service, DEI Institute, Deloitte, Economic, San Francisco Chamber of Commerce Locations: America, Business, San Francisco, Francisco, Ukraine, Israel, Palestine

☆ Khazar Momeni, the sister of Bob Lee killing suspect, was arrested and accused of DUI after an alleged hit-and-run
▼ + stars: | 2023-11-28 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

Khazar Momeni was arrested and charged with driving under the influence on Monday, SFPD said. Her brother is Nima Momeni, the tech consultant charged in murdering Cash App creator Bob Lee. Khazar Momeni, also known as Khazar Elyassnia, did not immediately respond to a request for comment sent to her husband. According to court records, Nima Momeni had confronted Lee about his sister prior to the stabbing. Friends of Lee later told The Wall Street Journal that he was having an affair with Khazar Momeni.

Persons: Khazar Momeni, SFPD, Nima Momeni, Cash, Bob Lee, Lee, —, Larkin, Khazar Elyassnia, Momeni, Khazar Organizations: Service, San Francisco Police Department, Khazar, San, Wall Street Journal, San Francisco Standard Locations: San Francisco, Geary, Khazar, San Francisco County, Momeni's

☆ X may lose up to $75 mln by year-end on advertiser exodus - NYT
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +2 min

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsNov 24 (Reuters) - Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday. X said on Friday $11 million in revenue was at risk and the exact figure fluctuated as some advertisers returned to the platform and others increased spending, according to the report. The platform's U.S. ad revenue has declined at least 55% year-over-year each month since Musk's takeover, Reuters previously reported. Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, Elon Musk, Walt Disney, Adolf Hitler, X, Musk, Samrhitha, Devika Organizations: REUTERS, New York Times, Walt, Warner Bros Discovery, Media, Apple, Oracle, Nazi, The New York Times, Microsoft, U.S, Reuters, Thomson Locations: San Francisco , California, U.S, Bengaluru

☆ Overlooked No More: Elena Zelayeta, Emissary for Mexican Cooking
▼ + stars: | 2023-11-22 | by ( Mayukh Sen | ) www.nytimes.com time to read: +1 min

What was meant to be a family vacation to San Francisco ended up being a permanent stay with the outbreak of the Mexican Revolution in 1910, when the family home was destroyed. The family’s first months in San Francisco were “tinged with sadness as we tried so hard to fit into the strange ways of a new land,” Zelayeta wrote in her self-help book, “Elena’s Lessons in Living” (1947). Discrimination was routine: At school, students taunted Elena and her siblings for the staccato intonation of their speech. It was during the throes of the Depression, when it was difficult to find work, that Zelayeta decided to realize her long-gestating dream of running a restaurant. Their homegrown restaurant was such a sleeper hit that Zelayeta soon moved it to a building in downtown San Francisco.

Persons: Elena, ” Zelayeta, “, Zelayeta, Lorenzo Zelayeta, chiles Locations: San Francisco, Mexican, Mexico

A pedestrian walks by a sign at a LinkedIn office on July 26, 2023 in San Francisco, California. The company has begun making preparations for hundreds of OpenAI employees at its LinkedIn offices in downtown San Francisco, about two miles from OpenAI's headquarters. This week, more than 90% of OpenAI employees signed a letter demanding that the OpenAI board resign or watch staffers leave and join their former boss, Sam Altman, at Microsoft. Early Monday morning, Microsoft CEO Satya Nadella said that Altman, Greg Brockman and their colleagues would join Microsoft as part of a new artificial intelligence research group. However, by Monday evening, it became less evident that Altman and Brockman would actually be joining Microsoft.

Persons: Axios, Sam Altman, Satya Nadella, Altman, Greg Brockman, Brockman Organizations: Microsoft, CNBC Locations: San Francisco , California, San Francisco, OpenAI's, OpenAI

[1/5] Protesters taunt people in suit, during a rally in opposition to the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 15, 2023. REUTERS/Loren Elliott Acquire Licensing RightsSAN FRANCISCO, Nov 15 (Reuters) - Protesters took to the streets of San Francisco early on Wednesday morning ahead of a meeting between U.S. President Joe Biden and Chinese President Xi Jinping, obstructing some entrances to the APEC conference. Global leaders and CEOs of major U.S. corporations will all be at the Asia Pacific Economic Cooperation (APEC) forum in San Francisco, offering tempting targets to protest. Protesters supporting spiritual group Falun Gong, which is banned in China, lined motorcade entry points into the convention center area. Supporters of China also turned out near where Biden and Xi will meet, waving Chinese and U.S. flags as well as posters with both flags together.

Persons: Loren Elliott, Joe Biden, Xi Jinping, Biden, Pema Doma, Xi, ”, Gong, Xi's, Ann Saphir, Peter Henderson, Josie Kao Organizations: Economic Cooperation, REUTERS, FRANCISCO, APEC, Global, Asia Pacific Economic Cooperation, Police, Chinese Communist Party, U.S . Department of Homeland Security, U.S, Secret Service, Thomson Locations: Asia, San Francisco , California, U.S, San Francisco, Israel, Tibet, United States, China, Francisco

The Transamerica Pyramid building is seen as tourists ride a cable car in downtown San Francisco, California, U.S., July 7, 2023. San Francisco has been waging for years a multi-pronged war on drugs and related crime, homelessness and unaffordable housing. "They do this for the Superbowl, they do this for conferences ... but nothing ends homelessness like a home," Boden said. The city has a homelessness rate of 887 people per 100,000 residents, according to a 2023 report from the San Francisco controller's office on 16 American cities. Reporting by Peter Henderson and Anna Tong in San Francisco; Editing by Sayantani Ghosh and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Barria, Joe Biden's, Christopher Crandall, he'd, He'd, Gavin Newsom, Biden, China's Xi, Paul Boden, " Boden, Tesla, Elon Musk, Trevor Chandler, I’ve, Peter Henderson, Anna Tong, Sayantani Ghosh, Stephen Coates Organizations: REUTERS, FRANCISCO, Economic Cooperation, United Nations, Police, APEC, Western Regional Advocacy, San, Fox News, Twitter, Thomson Locations: San Francisco , California, U.S, Asia, San Francisco, California, Francisco, Oakland, Los Angeles

[1/7] Chinese President Xi Jinping arrives at San Francisco International Airport to attend the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S., November 14, 2023. He is due to meet U.S. President Joe Biden at an undisclosed location in the San Francisco Bay Area on Wednesday morning and then attend the annual summit of the Asia Pacific Economic Cooperation (APEC) forum. U.S. Trade Representative Katherine Tai, who with Blinken opened the APEC ministerial session, said the San Francisco meeting came at a time of "great uncertainty and challenges" for the region. As Biden arrived in San Francisco, shortly before Xi was due to land, dueling demonstrators greeted the U.S. president's motorcade from the airport. Earlier on Tuesday, a small aircraft flew circles over the APEC summit venue in downtown San Francisco, trailing a banner that read "END CCP FREE CHINA FREE HK FREE TIBET FREE UIGHUR," referring to China's treatment of Uyghurs, which the Biden administration calls "genocide."

Persons: Xi Jinping, Brittany Hosea, Antony Blinken, Xi, Joe Biden, Biden, Janet Yellen, China Nicholas Burns, Blinken, Katherine Tai, John Kirby, Nancy Pelosi, Michael Martina, Ann Saphir, David Brunnstrom, Trevor Hunnicutt, David Lawder, Chris Reese, Josie Kao Organizations: San Francisco International Airport, APEC, Economic Cooperation, REUTERS, FRANCISCO, U.S, San Francisco Bay Area, Asia Pacific Economic Cooperation, Air China, . Trade, San, White House, Biden, China, Chinese Communist Party, Thomson Locations: Asia, San Francisco , California, U.S, United States, Beijing, San Francisco Bay, Air, China, Washington, San Francisco, Israel, Gaza, Ukraine, Taiwan, Tibet, Hong Kong, CHINA, TIBET

Protests are expected throughout this week's Asia-Pacific Economic Cooperation leaders’ conference, which could draw more than 20,000 attendees, including hundreds of international journalists. San Francisco has a long tradition of loud and vigorous protests, as do trade talks. In 1999, tens of thousands of protesters took to the streets of Seattle during a World Trade Organization conference. San Francisco Police Department Chief Bill Scott said he expects several protests a day, although it's uncertain how many will materialize. “People are welcome to exercise their constitutional rights in San Francisco, but we will not tolerate people committing acts of violence, or property destruction or any other crime,” Scott said.

Persons: Joe Biden, Suzanne Ali, ”, Bill Scott, ” Scott, “, Biden, Xi Jinping, Rory McVeigh, Xi, Vo Van Thuong, Bongbong Marcos, Ferdinand Marcos, Nik Evasco, “ It's, Huizhong Wu Organizations: FRANCISCO, —, Sunday, Economic Cooperation, ’, APEC, Moscone Center, Palestinian Youth Movement, U.S, Hamas, Trade Organization, Protesters, Thai, San Francisco Police Department, Center, University of Notre Dame, United Vietnamese American Community of, International Coalition for Human Rights, Associated Press Locations: Israel, San Francisco, Asia, Francisco, Seattle, Chile, Thailand, Bangkok, China, U.S, Mexico, Brazil, Philippines, United Vietnamese American Community of Northern California, Vietnam

'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBRUSSELS/STOCKHOLM, Nov 10 (Reuters) - Elon Musk's X social media platform has just 2,294 content moderators to ensure users comply with EU online content rules, significantly fewer than Google (GOOGL.O) and TikTok, a senior European Commission official said on Friday. X has triggered concerns after Musk laid off many employees responsible for monitoring and regulating content amid the spread of disinformation on the platform. According to reports the companies submitted to the EU in September, X's 2,294 EU content moderators compared with 16,974 at Google's YouTube, 7,319 at Google Play and 6,125 at TikTok, the senior Commission official said, speaking on condition of anonymity. Regulators are hoping that X will feel the pressure to boost its number of content moderators to catch up with its rivals, the official said.

Persons: Carlos Barria, Elon Musk's, Musk, Foo Yun Chee, Jan Harvey Organizations: REUTERS, Google, European Commission, EU's Digital Services, Apple, Microsoft, EU, YouTube, DSA, Big Tech, Thomson Locations: San Francisco , California, U.S, BRUSSELS, STOCKHOLM, X's, TikTok, EU

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