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☆ Kamala Harris' ascent puts California back in the driver's seat of national politics
▼ + stars: | 2024-07-23 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Biden won California by 29 points in 2020, and Harris will surely win the deep blue state in her own right. Along the way, Harris' political trajectory opened up doors to places that other candidates eyeing the White House have to fly across the country to reach. AdvertisementAs a presidential candidate, Harris won't be a stranger to the tech giants that fueled so much growth in her state. And should Harris win the White House, there'd be a familiar face influencing policy and legislation on relevant tech issues for the foreseeable future, which is something that doesn't come along everyday. Harris hasn't secured the Democratic nomination yet, but if she does, California could be in for some of its sunniest days yet.

Persons: —, Nancy Pelosi, Kevin McCarthy, Pelosi, McCarthy, Kamala Harris, Joe Biden, Harris, Biden —, Hillary Clinton, Mike Levin, there'd, Harris hasn't Organizations: Service, US, Capitol, Business, Democratic, Biden, California, Senate, White Locations: San Francisco Bay, California, Delaware, Golden State, Los Angeles County, Orange County, Orange, San Diego, Oakland, San Francisco, Francisco's, Hollywood, Silicon, Los Angeles

☆ The salary you need to be considered middle class in the 25 largest U.S. cities—it can be over $250,000 in San Francisco
▼ + stars: | 2024-07-22 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

A middle class lifestyle can look different depending on where you are. In the San Francisco area, an annual income of $250,000 would classify your household as middle earners, based on 2022 Census Bureau American Community Survey data. That means middle class households there earn between $85,434 and $256,302 a year. Median household incomes in each of these areas are over $100,000 a year. Here are the ranges of middle class incomes in the 25 biggest U.S. metros:

Organizations: American, Survey, D.C, U.S, metros Locations: San Francisco, Oakland, Berkeley , California, U.S, Washington, Seattle, Boston

☆ Elon Musk is very publicly trying to recruit his billionaire peers to the Trump-Vance camp
▼ + stars: | 2024-07-22 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +5 min

The mercurial billionaire gave his endorsement to Trump, just minutes after the GOP presidential candidate was nearly assassinated on July 13. Since then, Musk has only doubled down on Trump and his newly minted running mate, Vance on his social media platform, X. — Elon Musk (@elonmusk) July 21, 2024Trump/Vance LFG!! — Elon Musk (@elonmusk) July 21, 2024Trump/Vance LFG!! Related storiesThe potential switch in Democratic nominee to Harris hasn't swayed Musk, who started criticizing her candidacy on Sunday.

Persons: —, Elon, Donald Trump, Sen, JD Vance, Trump, Musk, Vance, — Elon, Joe Biden, Kamala Harris, Biden, Vinod Khosla, Reed Hastings, Khosla, Hastings, Reid Hoffman, Harris, Vinod, Vance LFG, I'm, Harris hasn't, gFwWAv15Qx — Elon, Daniel Hallin, it's, Hallin, Jonathan Aronson, Aronson, Trump stokes Organizations: Service, GOP, Trump, Business, Democratic Party, Republican Party, Democratic, Netflix, Biden, UC San Diego, USC Annenberg School for Communication, Journalism, Trump . Representatives, BI Locations: Ohio, San Francisco Bay, America, Texas

☆ With Biden's backing, Kamala Harris leads the pack in bid to replace him on the ticket
▼ + stars: | 2024-07-21 | by ( Dareh Gregorian | Yamiche Alcindor | ) www.cnbc.com time to read: +5 min

Vice President Kamala Harris received President Joe Biden's backing to take his place as the Democratic presidential nominee Sunday, an endorsement he made after announcing he is abandoning his re-election bid. Biden's decision to bow out breaks open the nominating process — meaning Harris or any other Democrat could seek the party's nomination. The Democratic National Convention is scheduled to begin August 19 in Chicago and with Biden's backing, Harris became the instant favorite. Harris, the first female vice president, would become the first Black woman and first person of South Asian descent to become a major party nominee. "We are ready to lock in and support Vice President Harris in her new role," Gavito said.

Persons: Joe Biden, Kamala Harris, Joe Biden's, Harris, Biden, Donald Trump, —, Tory Gavito, Gavito, She's, Trump, JD Vance Organizations: U.S, Las Vegas Aces, White, Democratic, Convention, U.S . Senate, American, Biden, Black, NBC News Locations: Washington , U.S, Chicago, Jamaican, Oakland , California, San Francisco, California, Jan, Oakland

☆ Elon Musk reacts to Biden dropping out: 'My smartest friends' are 'excited about Trump'
▼ + stars: | 2024-07-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Joe Biden's dropping out of the election prompted a reaction from Elon Musk, who backs Trump. Musk claims tech industry loyalty is shifting to Republicans, citing individual freedom and merit. Top Silicon Valley investors, including Ben Horowitz and Peter Thiel, are also backing Trump. AdvertisementJust minutes after US President Joe Biden announced he was dropping his campaign for re-election, Elon Musk announced that his Silicon Valley friends had already moved on to the Republican Party. "My smartest friends, including those living in the San Francisco Bay Area who have been lifelong Dems, are excited about Trump/Vance," Musk posted on X.

Persons: Joe Biden's, Elon Musk, Ben Horowitz, Peter Thiel, —, Joe Biden, Vance, Musk Organizations: Trump, Service, Republican Party, Business Locations: San Francisco Bay

☆ Here's where Kamala Harris stands on the issues, from the economy to healthcare
▼ + stars: | 2024-07-21 | by ( Lloyd Lee | Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

Presenting herself as a center-left politician, Harris previously ran successful campaigns in California, winning statewide races for the San Francisco District Attorney's Office, the state attorney general, and the US Senate. AdvertisementHere's where she stands on major issues:AbortionHarris has supported abortion rights since her time in the Senate. ClimateHarris previously supported policies to combat climate change, including plans to transition the US to 100% renewable energy and a carbon tax. As vice president, Harris was tasked with handling the root causes of migration to the US from Central America. Harris re-affirmed her support for LGBTQ+ rights as vice president but has not provided specific policies.

Persons: —, Kamala Harris, Joe Biden, Harris, Biden, Brett Kavanaugh, Roe, Wade, Climate Harris, She's, Donald Trump's, Sen, Bernie Sanders of, Harris waffled, Sanders, HuffPost, Alejandro Giammattei, Trump Organizations: Service, Democratic, San, San Francisco District Attorney's Office, Business, CNN, Biden, Marshall, Biden's Infrastructure Deal, Healthcare, Stat, Immigration, San Francisco DA, Senate Republicans, Republicans, GOP Locations: California, San Francisco District, Bernie Sanders of Vermont, Immigration, Central America, United States, Guatemalan, Israel, Gaza, Rafah

☆ Biden endorses Harris to be the next Democratic presidential nominee
▼ + stars: | 2024-07-21 | by ( Arit John | ) edition.cnn.com time to read: +9 min

The historic endorsement came after Biden announced Sunday that he is dropping out of the race following weeks of disarray within the Democratic Party. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. Despite the president’s backing, it remains unclear whether Harris will become the nominee, or what process the Democratic Party would take to select an alternative. Dmitri Mehlhorn, a Democratic political strategist advising several big-money backers, released a statement Sunday following Biden’s withdrawal supporting Harris. After she dropped out, Harris became a prominent surrogate for Biden before being named his vice presidential pick in August 2020.

Persons: Kamala Harris, Joe Biden’s, Harris, ”, “, Biden, it’s, I’ve, Kamala, ” Biden, Jaime Harrison, Donald Trump, ” Logistically, Trump, LaTosha Brown, “ We’ve, Hillary Clinton, Andy Kim of, Angela Alsobrooks of, Sen, Tammy Baldwin of Wisconsin, Brown, Biden’s, ” Harris, Dmitri Mehlhorn, “ Kamala Harris, ” Mehlhorn, Scranton Joe, John Morgan, –, California Sen, Barbara Boxer, Jeff Sessions, Brett Kavanaugh, Martin Luther King Jr, ’, Beau, “ I’ve, Mike Pence, Kayla Tausche, Eva McKend, Jeff Zeleny Organizations: CNN, Democratic, Democratic Party, Democratic National, Biden, Republican, Black Democrats, Black, Congressional Black Caucus PAC, Cal, Scranton, University of California, Hastings College of Law, San, San Francisco ., Senate, White, Trump, Howard University Locations: American, Central America, Andy Kim of New Jersey, Angela Alsobrooks of Maryland, Oakland California, Berkeley, India, Jamaica, Oakland, California’s Bay, Alameda County, San Francisco, California

☆ I'm a millionaire, but I'm only leaving my kids a small inheritance. I want them to earn their money like I did.
▼ + stars: | 2024-07-21 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

I want my daughter to experience financial discomfortAbout 20 years ago, I met my wife, another Baha'i from Iran. I believe wealth is only commendable if earnedMost importantly, I want my daughters to work. While I plan to leave my daughters a small inheritance to ensure their financial security, I won't leave them enough money that they don't need to work. I want my children to have enough money to house themselves, get an education, and meet their basic needs. Beyond that, I believe money can corrupt if it's given rather than earned.

Persons: Payam Zamani, we'd, Zamani, I've, they'll Organizations: Service, Business, Group Locations: Iran, Pakistan, San Francisco, San Francisco Bay, America, Czech Republic, Prague, California, New York City, Bay

☆ Droughts are threatening California's water supply. The state is racing to save what's left.
▼ + stars: | 2024-07-19 | by ( Leila Jordan | ) www.businessinsider.com time to read: +10 min

In 2012, San Francisco's Public Utilities Commission began developing the Onsite Water Reuse Program to investigate whether water reuse, also known as water recycling, in buildings could be a solution to California's water problem. The adoption of on-site water reuse can also be a sensible decision for developers. Water reuse to overcome hurdlesWhile large plants and on-site water systems in major buildings have been California's more established methods of water reuse, the state's biggest hurdle is retrofitting systems for existing buildings. During times of drought, the state has encouraged water conservation and water recycling, such as the use of recycled water for plants. In 2023, California made progress toward establishing recycled water for direct potable reuse and allowing recycled water to be used in the state's drinking-water supply.

Persons: —, Paula Kehoe, Kehoe, Aaron Tartakovsky, Tartakovsky, Cleantec, They're, Phoenix's Aquacell, Cleantec Erik Porse, Porse, It's Organizations: Infrastructure, Service, Public Utilities Commission, San Francisco Public Utilities Commission, California Institute for Water Resources, Brewing, Texas Locations: California, Silicon, San Francisco, San Francisco's, Beverly Hills, San, Iowa, States, Virginia, Texas, Florida, Hawaii, East Coast, Southern California, In Texas

☆ Cheng Pei Pei, ‘Crouching Tiger, Hidden Dragon’ Star, Dies at 78
▼ + stars: | 2024-07-19 | by ( Qasim Nauman | ) www.nytimes.com time to read: +1 min

Cheng Pei Pei, a trailblazer for women in Asian martial arts cinema and a star of the 2000 blockbuster “Crouching Tiger, Hidden Dragon,” died on July 17 in the San Francisco Bay Area. Ms. Cheng was born on Jan. 6, 1946, in Shanghai. Trained in ballet and traditional Chinese dance, she began her acting career in Hong Kong in 1964 and became one of the stars of the wuxia genre of martial arts films. Her breakout role was in the mid-’60s kung fu classic “Come Drink With Me.”“Our mom Cheng Pei Pei wanted to be remembered for who she was: the legendary ‘Queen of Martial Arts,’” her family said in a statement. “She loved being an actress and knew, even with her hard work, how fortunate she was to have the career she had.”

Persons: Cheng Pei Pei, ”, Cheng, ’, “ Organizations: trailblazer, Echelon Talent Management, Martial Arts Locations: San Francisco Bay, Shanghai, Hong Kong

☆ Jacoby Jones, Ravens’ Super Bowl star and All-Pro returner, dies at 40
▼ + stars: | 2024-07-14 | by ( Mark Puleo | ) www.nytimes.com time to read: +6 min

Jacoby Jones, the former NFL receiver and kick returner who helped the Baltimore Ravens win Super Bowl XLVII with the longest play in the game’s history, has died at the age of 40. Jones, who also caught a touchdown pass in the game, was named an All-Pro returner after that season. “If I see a Ravens fan, they’ll look at me and point and just say, “Mile High.” They don’t care about the Super Bowl. They’ll be like, “Mile High.”The Ravens went on to win in double overtime to fuel their Super Bowl run. Free tickets available: https://t.co/bLA8I0MNCD pic.twitter.com/wg3XpYyCDD — Baltimore Ravens (@Ravens) September 28, 2019“I loved Jacoby Jones,” Ravens coach John Harbaugh said in a statement.

Persons: Jacoby Jones, Jones, “ Jacoby, Jacoby, Jacoby’s, Joe Flacco, “, ” Jones, They’ll, bLA8I0MNCD, wg3XpYyCDD, ”, John Harbaugh, Emily, ” Sam Gordon, ” “ Jacoby, God, ” Remembrances, Torrey Smith, JJ Watt, Lamar Jackson, Momma Jones, Lil Coby’s, pic.twitter.com, r9MZKU4sqb — Torrey Smith, Ezra Shaw Organizations: NFL, Baltimore Ravens, Ravens, Houston Texans, Super, San Francisco 49ers, Texans, Houston, Lane College, II, Baltimore, Pro, Dallas Cowboys, Pittsburgh Steelers, AFC, Denver Broncos, Athletic, ” Ravens, Vikings, San Diego Chargers, Steelers, Monterrey Steel, National Arena League, Calvert Hall College, Morgan State University and Alabama State University, Beaumont, Renegades, American Indoor Football, Getty Locations: Baltimore, New Orleans, Jackson, Tenn, Houston, Texas

☆ Jacoby Jones: Former NFL player and Super Bowl champion dead at 40
▼ + stars: | 2024-07-14 | by ( Kevin Dotson | ) edition.cnn.com time to read: +2 min

“We are completely heartbroken to learn about the passing of Jacoby Jones,” the Ravens organization said in a statement. “The NFL is heartbroken to hear of the passing of Super Bowl champion Jacoby Jones,” the league said in a post on social media. Jones remains the only player to have a receiving touchdown and kickoff return touchdown in the same Super Bowl. Jones runs with the ball for a 56-yard touchdown against the San Francisco 49ers in the second quarter of Super Bowl XLVII. R.I.P Jacoby Jones.”

Persons: CNN — Jacoby Jones, Jones, Jacoby Jones, “ Jacoby, ”, ” Jones, “, Vince Lombardi, Chris Graythen, Ray Lewis, Love, ” JJ Watt, R.I.P Jacoby Jones Organizations: CNN, Baltimore Ravens, Ravens, Houston Texans, NFL, Texans, Pittsburgh Steelers, San Diego Chargers, Los Angeles Chargers, Super Bowl, AFC Divisional, Denver Broncos, Super, San Francisco 49ers

☆ I'm a mom of 3 and I prefer to vacation with each of my kids individually instead of traveling as a family
▼ + stars: | 2024-07-14 | by ( Kate Loweth | ) www.businessinsider.com time to read: +3 min

I always thought I'd do the same when I had my kids and spend our vacations exploring new places as a family. Now that I have my own three kids, I've found that I don't particularly enjoy family vacations. It's expensive to fly with five people, you always need two hotel rooms, and my husband doesn't enjoy travel. Related storiesSince then, I've sought out opportunities to travel with my kids individually, and it has become my favorite way to see a new city or country. AdvertisementTraveling with my kids individually lets me get to know them in a new wayMy three kids are all teenagers, and they'll likely go to college in the next few years.

Persons: I've, I'd, it's, they'll, I'm, Dad Organizations: Service, San Francisco Giants, Business, Catan Locations: Arizona, Florida, Wyoming, Costa Rica, Quepos, Alaska, Santiago

☆ Stocks making the biggest moves midday: Wells Fargo, JPMorgan, AT&T, Carvana and more
▼ + stars: | 2024-07-12 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Wells Fargo recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, below the $12.12 billion expected by analysts, according to FactSet. JPMorgan reported revenue of $50.99 billion, higher than the $49.87 billion analysts polled by LSEG had expected. Citigroup — The shares dropped more than 2% even after the bank reported better-than-expected profit as investment banking activity surged. Earnings per share came in at $1.52 for the second quarter, compared to $1.39 a share expected by analysts polled by LSEG. Fastenal — The stock rose 4.5% after the industrial company reported earnings for the second quarter.

Persons: Wells, Wells Fargo, LSEG, BTIG, Fastenal, Coco, Piper Sandler, Yun Li, Alex Harring, Samantha Subin, Lisa Han, Michelle Fox, Sean Conlon Organizations: JPMorgan —, JPMorgan, Citigroup —, LSEG, Revenue, Bank of New York Mellon, Citi, FactSet Locations: San Francisco, Snowflake

☆ Elon Musk may be souring on San Francisco with a move to sublease X's headquarters
▼ + stars: | 2024-07-12 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Elon Musk's X plans to sublease its headquarters, the San Francisco Chronicle reported. Its entire office, nearly 460,000 square feet of space, will reportedly be sublet. Musk has openly criticized San Francisco in the past and slammed it as a "disaster." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The company is set to sublease its San Francisco headquarters, the San Francisco Chronicle reported.

Persons: Elon Musk's, Musk, San Francisco, —, JLL Organizations: San Francisco Chronicle, Service Locations: San Francisco

A branch of First Republic Bank is seen after Jamie Dimon's JPMorgan Chase & Co emerged as the winner of a weekend auction of the bank in San Franciso, California, U.S. May 1, 2023. First Republic failed on May 1, 2023, after a series of Federal Reserve interest rate increases caused large losses in its investment portfolio and led many depositors to move their money elsewhere. In their complaint filed last December, the former First Republic employees alleged that the FDIC had on May 18, 2023, wrongfully stopped making payments under their deferred compensation plan. First Republic failed less than two months after the failures of two other lenders, Silicon Valley Bank and Signature Bank. The case is Harrington et al v FDIC, U.S. District Court, Northern District of California, No.

Persons: Jamie Dimon's, Hyun Joo Jin, District Judge Haywood Gilliam, Gilliam, Harrington, Jonathan Stempel, Will Dunham Organizations: First Republic Bank, Jamie Dimon's JPMorgan Chase, REUTERS, Federal Deposit Insurance Corp, Bank, U.S, District, Federal, First, JPMorgan, Republic, Silicon Valley Bank, Signature Bank, FDIC, Court, Northern District of, Thomson Locations: San Franciso , California, U.S, California, San Francisco, Oakland , California, Northern District, Northern District of California, New York

☆ Wells Fargo shares tumble after net interest income falls short of estimates
▼ + stars: | 2024-07-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded Wall Street expectations. That was below the $12.12 billion expected by analysts, according to FactSet. The bank said the drop was due to the impact of higher interest rates on funding costs. "We continued to see growth in our fee-based revenue offsetting an expected decline in net interest income," CEO Charlie Scharf said in a statement. Wells Fargo saw net income dip to $4.91 billion in the second quarter, from $4.94 billion during the same quarter a year ago.

Persons: Wells, Charlie Scharf Organizations: LSEG Locations: Wells Fargo, San Francisco

This week, the 28-year-old venture capital firm debuted a new pair of funds totaling $2.3 billion, a substantial sum during an abysmal time for the industry's fundraising efforts. The European-born firm is structured in a way that investors across continents invest out of the same funds. The new funds include $800 million to invest at the early stage and $1.5 billion to invest in growth. Those figures are slightly down from the firm's last fundraise, when it collected $900 million for an early-stage fund and $2 billion for a growth fund. That year, Index saw seven portfolio companies go public at a market cap of more than $1 billion, including Roblox and Robinhood.

Persons: —, Nina Achadjian, Sofia Dolfe, Ishani Thakur, Vlad Loktev, Erin Price, Wright, Andreessen, Mark Goldberg, He's, Ethan Kurzweil, Kristina Shen, Mike Volpi, Greycroft Organizations: Service, Ventures, Business, San, Labs, Bessemer Venture Partners, Menlo Ventures Locations: San, West Coast, San Francisco, Index's London, New York, London, Europe

☆ 5 hot spots where San Francisco's startup founders, VCs, and tech workers hang out
▼ + stars: | 2024-07-08 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +8 min

Here are five "third places" where San Francisco's founders, VCs, and tech workers are gathering. GroundfloorGroundfloor Sri MuppidiFounded in 2021, Groundfloor is a brightly lit community space located in the heart of San Francisco's Mission neighborhood. The space also doubles as a social space. AdvertisementThe Center SFThe Center SF The Center SFThe Center SF is a community hub located in a large Victorian house. The community space is funded entirely by donations.

Persons: —, Francisco, Ray Oldenburg, Sean Ang, Ang, Elizabeth Young, Max Wolff, they've, Zack Wexler, San Francisco Baybay Organizations: Service, Tech, San Francisco, Business, Groundfloor, Club, San, San Francisco Standard, Visitors Locations: San, Hayes Valley, Muppidi, Francisco's, Groundfloor, San Francisco

☆ Taylor Swift and Travis Kelce: A timeline honoring the one year anniversary of him tackling her heart
▼ + stars: | 2024-07-08 | by ( Lisa Respers France | ) edition.cnn.com time to read: +12 min

CNN —Travis Kelce and Taylor Swift’s love affair is “so high school” in the best way. Travis Kelce and Patrick Mahomes are besties as well as teammates. I’ve never dealt with it,” Kelce told the publication of Swift’s life in the spotlight. I especially love football because my boys have been doing it for so long,” Donna Kelce told CNN at the time. Taylor Swift is joined on stage by Travis Kelce during an Eras Tour performance at Wembley Stadium in London on June 23.

Persons: CNN — Travis Kelce, Taylor, there’s, Kelce, Swift, Jason, Travis Kelce, “, ”, Taylor Swift, ” Kelce, “ I’m, Andrew Siciliano, Pat McAfee, ‘ I’ve, ” Swift, Donna Kelce, Jason Hanna, “ Traylor, ” “, Blake Lively, Ryan Reynolds, ” Donna Kelce, ” Travis Kelce, Johnny Nunez, Brittany Mahomes, Patrick Mahomes, Joe Alwyn –, Karma, ’, I’ve, I’m, Kylie Kelce, Jason Kelce, Mark J, Kylie, “ Tay, Love, –, Mama Kelce, Travis, Patrick T, Fallon, concertgoers, Department ”, Swifties, Said it’s, Prince William, Prince George, Princess Charlotte, wasn’t, Gareth Cattermole Organizations: CNN, Super Bowl, Kansas, that’s, Kansas City Chiefs, NFL, Chicago Bears, GEHA, Arrowhead, Getty, New York Jets, MetLife, Kansas City, Chiefs, Los Angeles Chargers, “, Philadelphia Eagles, Buffalo Bills, AFC, USA, Sports, Reuters, Super, Bowl, San Francisco 49ers, Allegiant, Sydney, Coachella, Department, Poets Department, Wembley, ” Locations: Kansas City, Arrowhead, Kansas City , Missouri, New York, New York City, Buenos Aires, Argentina, Orchard Park , New York, Las Vegas , Nevada, Australia, Lake Como, Italy, Europe, London

Artificial intelligence has been a big boon for San Francisco real estate. The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the second quarter, according to a report Monday from commercial real estate firm Cushman & Wakefield. "San Francisco is certainly the center of AI, but AI is not going to save the San Francisco commercial real estate market," Sammons said. Vacant office space across San Francisco for the quarter totaled 29.6 million square feet, Cushman & Wakefield said. WATCH: Commercial real estate vacancies in San Francisco are at an all-time high

Persons: OpenAI, Robert Sammons, Anthropic, Sammons, That's, Cushman & Wakefield Organizations: San, Tech, Microsoft, Cushman &, San Francisco, Wells Locations: San Francisco, Wakefield, Mission, Cushman & Wakefield, Francisco, Wells Fargo, Cushman

☆ Loyal Democratic Voters React to Biden Interview With Relief, and Despair
▼ + stars: | 2024-07-05 | by ( Jack Healy | More About Jack Healy | ) www.nytimes.com time to read: +1 min

That was the verdict from some devoted Democratic voters who nervously tuned in to watch President Biden’s interview with ABC News on Friday. “I think he showed in this interview he’s cognitively there,” said Jayden D’Onofrio, 19, chairman of the Florida Future Leaders PAC, which represents high-school and college Democrats in the state. He was frustrated that Mr. Biden would not submit to a cognitive test, and said Mr. Biden’s doubling down on his refusal to leave the race could spell electoral doom for Democrats. “Biden is not demonstrating the traits that generate much confidence,” Mr. Avalos said. “There are 300 million people who rely on his cognitive abilities, and he’s unwilling to take a test because of his pride?”

Persons: Biden’s, “, ”, Jayden D’Onofrio, John Avalos, Biden, “ Biden, ” Mr, Avalos Organizations: Democratic, ABC News, Florida Future, PAC, Democrats, San Locations: San Francisco

Women's soccer is bringing private equity off the sidelines. While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women's Soccer League has allowed these firms to take majority control of the economics. Sixth Street was the first to own a team in building out the San Francisco women's team, Bay FC, last year. The second-ever such deal closed a few weeks ago, as Carlyle partnered with men's team, the Seattle Sounders FC, to buy that city's counterpart in the NWSL, the Reign FC. Popov said NWSL attendance, up more than 40% this year, is evidence of the momentum in the sport.

Persons: Jessica Berman, San Francisco women's, Carlyle, Adrian Hanauer, Alex Popov, Popov Organizations: – Major League Soccer, National Basketball Association, Major League Baseball, National Hockey League, National Women's Soccer League, CNBC, Sixth, San, Bay FC, men's, Seattle Sounders FC, FC, Sounders FC, Reign FC, NWSL Board

☆ I got laid off from Google in my 50s and juggled 3 jobs at Trader Joe's, Lyft, and Starbucks. It was a humbling experience.
▼ + stars: | 2024-07-04 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Kim started working at Trader Joe's 10 days after getting laid off from Google. So just 10 days after getting laid off, I started a part-time role at Trader Joe's. Related storiesI would work three morning shifts at Trader Joe's, Starbucks in the afternoons and drive for Lyft in between. After almost a year I quit my job at Starbucks and I was promoted to a manager role at Trader Joe's. I made a point of remembering 100 people's names at Trader Joe's within my first month.

Persons: —, Kim, Lois Kim, You've, I've, Joe's Organizations: Service, Google, Business, San, San Francisco Bay Area, Joe's, Starbucks Locations: Korea, San Francisco Bay

☆ Some Californians Found Dream Homes Inland. But It Sure Is Hot There.
▼ + stars: | 2024-07-03 | by ( Jonathan Wolfe | Mike Kai Chen | ) www.nytimes.com time to read: 1 min

When Farwa Ali and her family wanted to buy a bigger home, Mountain House, Calif., seemed to check all of their boxes. The fast-growing community, just 40 miles inland from where they were living in the San Francisco Bay Area, offered good schools, a diverse population and dozens of large houses for sale within their budget. It seemed to be a perfect match — at least until their first summer, when the scorching temperatures of California’s Central Valley set in. “We never had an idea that it would be this hot,” Ms. Ali said on Tuesday as she darted through a grocery store parking lot where the temperature was well over 100 degrees.

Persons: Farwa Ali, “, Ms, Ali Organizations: Calif, San Francisco Bay Area Locations: House, San Francisco Bay

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