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☆ Rise in Distressed Sales Signals New Chapter for Beleaguered Office Market
▼ + stars: | 2023-05-16 | by ( Peter Grant | ) www.wsj.com time to read: 1 min

Global investment manager Hines paid $60 million for a new office tower in Washington, D.C., less than half of what it cost to develop. Photo: HinesProperty owners are starting to unload troubled office buildings at fire-sale prices, a sign that the office market slump is moving into a new phase where more landlords are ready to capitulate. In recent weeks, Blackstone sold the Griffin Towers office complex in Santa Ana for $82 million, or about 36% less than the firm paid in 2014, say people familiar with the matter. Principal Financial Group sold a Parsippany, N.J., office building for $14.3 million, down from the $52 million it paid in 2008, according to participants in the sale.

☆ Fewer Adults Have Life Insurance, but Skipping It Can Be Risky
▼ + stars: | 2023-05-15 | by ( ) www.wsj.com time to read: +11 min

But financial planners say a basic life insurance policy, especially products known as term life insurance, should be an important part of many Americans’ financial plans. A life insurance policy:Replaces lost income: If you were to pass away, your family could use your life insurance policy’s death benefit to replace your income. How to shop for life insuranceIf you’re ready to start shopping for a life insurance policy, follow these steps:1. According to PolicyGenius, an insurance marketplace, typical rates for a whole life policy, the most common type of permanent life insurance, are about 10 times the cost of a term life policy. Term Life Insurance Because term life insurance expires, it's often a far cheaper option.

A welder by trade, Schwartz was arrested in early February in his hometown of Uniontown, Pennsylvania. Schwartz and two co-defendants, Jeffrey Scott Brown and Markus Maly, became the first three individuals convicted at trial of assaulting police officers with pepper spray on Jan. 6. Schwartz's wife, Shelly Stallings, received a two-year prison term last month. His 170-month prison term surpasses the previous longest sentence yet handed down in a case related to the Jan. 6 attack - 10 years received by former New York City cop Thomas Webster for assaulting a Washington police officer that day. The Jan. 6 attack marked the most violent assault on the halls of Congress since the British invasion of Washington during the War of 1812.

Companies Apple Inc FollowMasimo Corp FollowMay 1 (Reuters) - A U.S. judge in California on Monday declared a mistrial in Masimo Corp's (MASI.O) potential billion-dollar smartwatch trade secret lawsuit against Apple Inc (AAPL.O) after jurors failed to reach a unanimous verdict, multiple media outlets reported. The jury in federal court in Santa Ana could not determine whether Cupertino, California-based Apple misused confidential information from Masimo related to the use of light to measure biomarkers including heart rates and blood-oxygen levels, U.S. District Judge James Selna said. The jury began deliberating on April 26 after a trial lasting about three weeks. Reporting by Blake Brittain and Stephen NellisOur Standards: The Thomson Reuters Trust Principles.

☆ I grew up in Coachella Valley. Here are 10 mistakes I see tourists make when they visit for the music festival.
▼ + stars: | 2023-04-14 | by ( Kaitlin Clapinski | ) www.businessinsider.com time to read: +7 min

Read previewI was raised in the Coachella Valley, a destination known for its excessive heat, older demographics, and Coachella Valley Music and Arts Festival. Getting home with a rideshare is also challenging since the cell service on the festival grounds isn't always great. Related storiesIf you can, rent a locker on the festival grounds and store a jacket for later. The need for a cohesive outfit should never override functionality, especially at a music festival. The music festival has water-bottle-refill stations and they usually aren't super crowded, in my experience.

Persons: —, I've, isn't, Kaitlin Clapinski, fanny, groaning, BLACKPINK Organizations: Service, Coachella Valley Music, Arts, Business, Coachella Locations: Coachella, Santa

☆ 36 Hours in Panama City, Panama
▼ + stars: | 2023-03-30 | by ( Freda Moon | ) www.nytimes.com time to read: 1 min

10:30 p.m. Love the nightlifeFuel your night out with a Coke or a cafe con leche at the Café Coca Cola on Plaza Santa Ana, which — according to its creation myth — has been serving revolutionaries, dictators, Hollywood actors and celebrated poets since the late 19th century. On the edge of Casco, this historic diner and its beautiful neighboring plaza offers a taste of what the Old Town used to be. Walk two blocks to the Selina hostel’s rooftop bar and restaurant, Tacos La Neta , which turns into a party scene at night, when D.J.s play cumbia or remixes of the Cuban-American singer Celia Cruz until 2 a.m. A glimpse of the city’s nightlife is worth the cost of admission ($5) and there are plant-filled nooks in which to drink and people watch. It’s packed after 9:30 p.m. or so on a weekend, with throngs waiting to get in.

The first test in the race to replace Sen. Dianne Feinstein of California is a year away, but the top three contenders are already furiously raising money, crisscrossing the state and amassing endorsements in what could become one of the most expensive statewide contests in recent memory. Reps. Barbara Lee , Katie Porter and Adam Schiff have been hitting the campaign trail hard, shoring up support and introducing themselves to new voters since Mrs. Feinstein announced in February that she would retire at the end of her term. The trio are some of the biggest names in Democratic politics but the field appears wide open, with no candidate drawing more than a quarter of the vote in an early poll.

Feb 9 (Reuters) - A unit of medical device maker Medtronic plc (MDT.N) must pay $106.5 million to competitor Colibri Heart Valve LLC for patent infringement, a Santa Ana, California federal jury said Wednesday. The jury concluded after a seven-day trial that Medtronic CoreValve LLC's Evolut devices violate a Colibri patent for replacing heart valves in patients with heart disease, representatives for the companies confirmed Thursday. A spokesperson for Medtronic said the Minneapolis-headquartered company strongly disagrees with the verdict and will appeal. It alleged doctors use Medtronic's devices in a way that infringes Colibri's patent, which covers a method for controlling the deployment of self-expanding artificial heart valves. The case is Colibri Heart Valve LLC v. Medtronic CoreValve LLC, U.S. District Court for the Central District of California, No.

☆ Family files lawsuit against Disney claiming workers laughed when disabled mom, who died months later, fell getting off Jungle Cruise
▼ + stars: | 2023-01-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The wrongful death suit alleges a disabled died as a result of injuries she received from falling while exiting Disneyland's Jungle Cruise ride. The late woman's daughters say Disneyland workers "snickered" at their mother when she fell and broke her leg. According to Disney's official site, the Jungle Cruise ride is a guided tour of the theme park along a river. Their mother fell and fractured her femur, the lawsuit said, while Disneyland employees laughed at the woman. In the lawsuit, the family said Disneyland violated the Americans with Disabilities Act when they told the physically disabled Aguilar that a wheelchair-accessible Jungle Cruise boat was unavailable.

☆ McLaren, Space Coupe, Presidential Convertible: Our 10 Favorite My Ride Cars of 2022
▼ + stars: | 2022-12-31 | by ( A.J. Baime | ) www.wsj.com time to read: 1 min

The WSJ’s weekly My Ride column has for nearly a decade profiled interesting people who have a surprising story about a motorized vehicle. With a new year arriving, we look back at some of the most memorable stories of 2022. She never intended to own a Chevrolet Corvair this awesomeDuring the pandemic, Citlalli “Lolly” Gonzalez decided to try to achieve the goal of owning a classic car. She bought this 1965 Chevrolet Corvair Monza for just $5,000. For her My Ride photos, she re-created that vision.

This year brought a fascinating and eclectic number of books by Latino authors to store shelves and online selections, spanning different genres and earning high praise from readers and reviewers alike. Below is our list of 10 very distinctive works by U.S. Latino authors. The compelling novel has been recognized as one of the top 10 books of 2022 by The New York Times and The Washington Post and as one of the best books of 2022 by Time, NPR, Vogue, Oprah Daily and others. Although Villanueva's life took a different turn, many of his followers and their children, known as "Inca Jews," are still in Israel. She writes about how an abortion saved her life and candidly details her experiences dealing with suicidal thoughts and depression.

☆ Why California’s 2022 Wildfire Season Was Unexpectedly Quiet
▼ + stars: | 2022-12-20 | by ( Elena Shao | ) www.nytimes.com time to read: +8 min

Maps of California show the perimeters of wildfire burns for every year between 2018 and 2022 (desktop version) or 2017 and 2022 (mobile version). The extent of acreage burned in 2022 is far less than what burned in 2021 and 2022, and looks more similar to what burned in 2019. 2018 2017 Camp fire 2022 2021 2020 McKinney fire 2020 was the state’s worst fire year on record. Wildfires have burned about 362,000 acres this year, compared to 2.5 million acres last year and a historic 4.3 million acres in 2020. Acres Burned by Wildfires in California A bar chart showing the total acres burned by California wildfires since 1987.

☆ Michael Avenatti sentenced to 14 years in California fraud case
▼ + stars: | 2022-12-05 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

SANTA ANA, Calif. — Incarcerated lawyer Michael Avenatti was sentenced in Southern California on Monday to 14 years in prison and ordered to pay $7 million in restitution after admitting he cheated four of his clients out of millions of dollars. Before sentencing, Avenatti apologized to the four victims in the case, three of whom were in the courtroom. Avenatti is currently serving time in a Southern California prison on two separate cases. In another instance, prosecutors said Avenatti collected a $2.75 million settlement payment for a client and used much of the money to buy a private airplane. Prosecutors had asked for Avenatti to be sentenced to an additional 17.5 years in prison on top of the five he is already serving.

The sentence imposed by U.S. District Judge James Selna in Santa Ana, California is in addition to the five years in prison that Avenatti, 51, was already serving for two unrelated convictions in Manhattan federal court. Selna also ordered Avenatti to pay $10.8 million in restitution to the clients and the Internal Revenue Service. "Michael Avenatti was a corrupt lawyer who claimed he was fighting for the little guy. Prosecutors had sought a 17-1/2 year prison term, on top of the existing five years, after Avenatti pleaded guilty in June to five charges of wire fraud and obstruction. When trying to help Daniels break a confidentiality agreement over her alleged affair with Trump, Avenatti became a fixture on cable TV news, attacking Trump and flirting with his own presidential run.

☆ Trump foe Michael Avenatti sentenced to 14 years in prison for stealing millions from clients
▼ + stars: | 2022-12-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Lawyer Michael Avenatti speaks to the media after he walks out of federal court in New York, New York, U.S., March 25, 2019. The judge also ordered Avenatti to pay more than $10.8 million in restitution to four clients and to the Internal Revenue Service. Michael Avenatti, the brash lawyer who gained notoriety for legal actions involving former President Donald Trump , was sentenced Monday in California to 14 years in prison for stealing about $7.6 million from clients, as well as for tax fraud. For months in 2018, Avenatti was a ubiquitous presence on television news shows, where he delighted in verbally skewering the president and Trump's former personal attorney Michael Cohen. "He stole millions of dollars from his clients – all to finance his extravagant lifestyle that included a private jet and race cars," the top prosecutor said.

Share this -Link copiedWisconsin Senate race too close to call Wisconsin's Senate race between GOP Sen. Ron Johnson and Democrat Mandela Barnes is too close to call, NBC News says. Vance wins Ohio Senate race, defeating Democrat Tim Ryan, NBC News projects COLUMBUS, Ohio — J.D. Ohio Republican Senate candidate J.D. Vance is leading The Senate race in Ohio is too early to call, NBC News says, but Republican candidate J.D. Share this -Link copiedGeorgia Senate race too close to call Georgia's Senate race is too close to call about three hours after polls closed at 7 p.m.

☆ Low-cost startup airline Breeze is launching 2 new routes from Southern California
▼ + stars: | 2022-11-09 | by ( Brady Macdonald | ) www.businessinsider.com time to read: +1 min

Breeze is launching its 100th route, a new transcontinental flight from California to Florida. Breeze plans to expand service at the slot-constrained John Wayne Airport in Orange County, California. Breeze is adding John Wayne Airport in Santa Ana, California to its map with new nonstop routes from Southern California to Orlando International Airport and Provo Municipal Airport in Utah near Salt Lake City starting on February 16. The upstart's new routes fits into the Breeze model of connecting leisure-heavy locations without nonstop service. Most major airlines serve John Wayne and Orlando, but flights between them require one or more stops.

☆ Live Results: California votes in congressional and state elections
▼ + stars: | 2022-11-08 | by ( Walt Hickey | ) www.businessinsider.com time to read: +2 min

Explore more race results below. Polls close in the state at 8 p.m. local time, or 11 p.m. EST. Loading Something is loading. It symobilizes the 2022 Election. Polls close in the state at 8 p.m. local time, or 11 p.m. EST.

☆ Four candidates face off in Santa Ana, California's mayoral election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +2 min

Four candidates are running in Santa Ana, California's mayoral race: Sal Tinajero, Jose Solorio, Valerie Amezcua and Jesse Nestor. 2022 General EmbedsFirst-term Democratic Mayor Vicente Sarmiento stepped down to run for an Orange County Board of Supervisors seat, leaving his seat up for grabs. Tinajero, who is endorsed by the Orange County Democratic Party, leads the Santa Ana Unified School District's speech and debate program and previously served on the Santa Ana City Council for more than a decade. Amezcua is a retired county probation officer and a member of the Santa Ana Unified Board of Education. The fourth candidate, Nestor, is a 20-year-old self-described libertarian who currently attends Santa Ana College.

☆ In California's conservative Little Saigon, a progressive unravelling among Vietnamese Americans switches up Orange County politics and raises the stakes for Republicans
▼ + stars: | 2022-11-07 | by ( Hanna Kang | ) www.businessinsider.com time to read: +15 min

The race in California's 45th House district has put a spotlight on its conservative Vietnamese American voter bloc in Little Saigon. Vietnamese American voters have long leaned conservative while the Asian American vote nationwide for decades trended Democratic. Westminster is the first city in the nation to have a Vietnamese American majority on the council, she added. "But what we've seen pretty clearly is that the Vietnamese community is home to diverse political perspectives." From a larger perspective, Joe said, Steel's strategy is short-sighted because it only reaches the immigrant Vietnamese conservative subgroup.

☆ Meta is losing billions, but people are making real-life money in the metaverse: 'It's been an incredibly positive experience'
▼ + stars: | 2022-10-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +6 min

A year ago on Friday, Mark Zuckerberg made a huge bet on the metaverse, announcing his company's name change from Facebook to Meta. The billionaire's vision of virtual worlds, along with the $10 billion he's spent on metaverse development over the past year, "really struck me," Sorrels says. Alexis Dimas, a 37-year-old metaverse creator based in Santa Ana, California, says he joined Horizon Worlds in beta nearly two years ago. "As far as Horizon Worlds losing users, I haven't witnessed that or seen that. Zuckerberg: 'I appreciate the patience'On Wednesday's Meta earnings call, Zuckerberg told investors that Meta could weather its problems and that its investments in the metaverse will eventually be fruitful.

☆ Joan Didion’s Life in Objects
▼ + stars: | 2022-10-28 | by ( Anna Kodé | ) www.nytimes.com time to read: +15 min

(Ms. Didion’s death was the result of complications from Parkinson’s disease.) Ms. Didion’s stylish Corvette Stingray isn’t in the sale, but the photos that made it famous are. Quintana eventually pulled through, but died in 2005 at 39, a few months before Ms. Didion’s 2005 book, “The Year of Magical Thinking,” was published. In the book, Ms. Didion wrote about the heartbreak and challenges of that era of her life: “I learned to find equal meaning in the repeated rituals of domestic life. Following Ms. Didion’s passing, Ms. Smith, an artist and singer known as the “godmother of punk,” posted a tribute on Instagram, articulating what many felt.

☆ Boston ranks as the second-most expensive city for renters in the US, behind New York City. See the full list.
▼ + stars: | 2022-10-26 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

New York City still holds the top spot as the most expensive city in the country for renters. Average rents in Boston have jumped, making it the second-most expensive city for renters in the US. New York City still holds the top spot on Zumper's list of most expensive cities for renters. In Boston, the average price for a one-bed apartment rose by 5.9% month-on-month to $3,060. Per the data, the city is the second-most expensive for renters in the US, ahead of San Francisco.

Rapper Cardi B arrives at the Queens County Criminal Court in Queens, New York, U.S., September 15, 2022. REUTERS/Amr Alfiky/Oct 21 (Reuters) - A California federal jury on Friday rejected claims that musician Cardi B misused a man's image on the cover of her first 2016 mixtape album. Brophy's 2017 lawsuit sought at least $5 million in damages from Cardi B and an order blocking her from using his likeness. The New York rapper argued that the cover's use of the design qualifies as "transformative" under intellectual property law and is constitutionally protected. The tattoo was used "in an anonymous manner, as a single building block" in the complex cover image, Cardi B said in a court filing.

☆ Trump lashes out at judge who said former president knowingly pushed false voter fraud case
▼ + stars: | 2022-10-20 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +5 min

Former U.S. President Donald Trump speaks as he attends a rally in Warren, Michigan, U.S., October 1, 2022. Former President Donald Trump lashed out Thursday after a federal judge wrote that Trump knowingly pushed false claims of voter fraud while he was fighting his 2020 election loss. In late December, Eastman relayed concerns to Trump's attorneys about citing supposed evidence of voter fraud in Georgia's Fulton County. "The emails show that President Trump knew that the specific numbers of voter fraud were wrong but continued to tout those numbers, both in court and to the public," the judge determined. In that decision, the judge wrote that it was "more likely than not that President Trump corruptly attempted to obstruct the Joint Session of Congress" on Jan. 6.

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