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☆ America's absurd war on 'organized retail crime'
▼ + stars: | 2024-09-30 | by ( Amy Martyn | ) www.businessinsider.com time to read: +26 min

Organized retail crime "is not shoplifting," the agency says on its website, "and these crimes are not victimless." AdvertisementOne homeless woman in jail who pleaded guilty to felony organized retail theft tells me she steals out of desperation. Gavin Newsom sent $267 million to cities across California to increase arrests of organized retail crime — and the crackdown has escalated dramatically. Even the guy who says he coined the term "organized retail crime" can't say how much is lost to it. Gavin Newsom has provided California cities with $267 million and signed 10 new bills into law to bolster the prosecution of organized retail crime.

Persons: Veronica Lumbreras, Deysi Ramirez, Brooke Jenkins, Lumbreras, Villanueva, Ramirez, Louis Vuitton, Sen, Chuck Grassley, Gavin Newsom, Chanel, ANGELA WEISS, David Johnston, shoplifters, Shalia Brown, she's, Brown, Thomas Riddle, Riddle, Elizabeth Camacho, That's, Jeff Loftin, they're, Eric Risberg, Aziza Graves, Miss Graves, Graves, Jenkins, Maury Povich's, Jeffrey Ross, Ross, there's, Read Hayes, Jeffrey Epstein, San Francisco Bloomingdale's, Alto, Bloomingdale's, Cuauhtemoc Ramirez, Amy Martyn Organizations: San Francisco's Mission, San Francisco Police Department, CVS, Target, National Retail Federation, of Homeland Security, San Francisco Chronicle, Hearst Newspapers, Getty, San Francisco, Walgreens, Retailers, Gov, Patrol, Saks, Retail Federation, Kroger, San, Nvidia, Employees, Hall of Justice, ABC News, Prevention, Body, Alto, Mental Health, Anadolu, Walmart, Safeway Locations: San Francisco's, Arriba Juntos, Villanueva, Bay, Walnut, San Francisco, Hayward, California, Mission, Napa County, America, Los Angeles, San Francisco's County, Oakland, Bath

☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ Opinion: Trump videos send wildly different messages
▼ + stars: | 2024-03-31 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In a video promoting the Bible, Trump said, “Religion and Christianity are the biggest things missing from this country. … we need to bring them back.”On Good Friday, Trump posted a very different kind of video. It showed an image of President Joe Biden lying sideways and tied up in the bed of a pickup truck. “Robert F. Kennedy Jr.’s independent presidential campaign can’t win, but it could swing the presidency to former President Donald Trump,” Begala wrote.

Persons: Matthew Arnold, Homer, King James, Donald Trump, ”, Lee Greenwood’s, AJ Willingham, Trump, Joe Biden, Drew Sheneman, MAGA, Biden, Fareed Zakaria, ” Zakaria, Candida Moss, he’ll, he’s, Barack Obama, Bill Clinton, Julian Zelizer, ” “, …, ” Clay, “, Obama, “ Obama, CNN Trump, —, Attorney Alvin Bragg, “ Trump, Stormy Daniels, ” Norman Eisen, Andrew Warren, James Antle III, stoked, Letitia James, Dali, Francis Scott Key, Tasos Katopodis, Richard Timme, ” Timme, Salvatore R, Mercogliano, ’, Jalal Baig, Catherine, Princess of Wales, Baig, Paul Hockenos, “ It’s, Robert F, Kennedy Jr, Nicole Shanahan, Eric Risberg, Paul Begala, Ross Perot, George H, Bush, “ Robert F, can’t, ” Begala, ” Shanahan “, Sergey Brin, Hillary Clinton, Pete Buttigieg, Ro Khanna, Lee Drutman, Mark Osler, Jill Filipovic, Lisa Murkowski, Obeidallah, Johnson Ronna, Ronna McDaniel, Justin Sullivan, McDaniel, ” McDaniel, David Zurawik, Jack Ohman, Walt Handelsman, Tim Hubbard, Dennis Muilenburg —, Max, David Calhoun, ‘, ” Hubbard, Annelle, ” Sheline, ” Don’t, Frida Ghitis, Putin, Howard Fischer, Keith O’Brien, Pete Rose, Nick Anderson, Agency Sara Stewart, Mary Ziegler, Patrick T, Brown, shouldn’t, Emma Firth, Carter ’ Parkwood, Roxanne Jones, Cowboy Carter, Beyoncé, ” Jones Organizations: CNN, Oxford University, New, Trump, Nasdaq, NYPD, Hollywood, Biden, Cupp, Obama, Manhattan, Attorney, Democratic, US Coast Guard, Baltimore, Federal Highway Administration, RFK Jr, RFK, Google, The New York Times, Republican National Committee, NBC News, “, Press, NBC, MSNBC, Content Agency Boeing, Notre Dame, Boeing, US State Department, Israel, Tribune, Agency, Sony, AP Locations: Independence, New York City, America, New, Manhattan, Queens, New York, Baltimore, Coast, Suez, Port, China, Argentina, Red, Gaza, Wales, Northern California, California, Israel, Columbia

☆ The Story About the Story About San Francisco
▼ + stars: | 2023-11-16 | by ( James Freeman | ) www.wsj.com time to read: 1 min

San Francisco Mayor London Breed at a flag-raising ceremony for the APEC Summit last week at City Hall. This column recently noted the feverish effort by San Francisco officials to present their city as safe and thriving while dignitaries are in town for the Asia-Pacific Economic Cooperation summit. Mayor London Breed is especially eager to create a new media narrative about the city’s problems. But headlines don’t invent themselves and this week brings yet another reminder that if Ms. Breed doesn’t want media outlets to write stories about lawlessness then she will need to enforce laws.

Persons: Eric Risberg, London Breed, Breed Organizations: San Francisco Mayor London Breed, APEC, City, San Francisco, Economic Cooperation, London Locations: Asia

☆ Exxon, Chevron Profits Surged Ahead of Megadeals
▼ + stars: | 2023-10-27 | by ( Collin Eaton | ) www.wsj.com time to read: 1 min

A Chevron refinery in Point Richmond, Calif. Executives at Chevron and Exxon must now turn to proving the value of their recent megadeals. Photo: Eric Risberg/Associated PressOn the heels of competing megadeals, Exxon Mobil and Chevron reported a combined $15.6 billion profits Friday, as oil and fuel prices climbed in the third quarter. Exxon’s quarterly earnings of $9.1 billion were less than half of last year’s quarterly record but rose 15% from the previous quarter. Margins for making fuel widened and the company’s oil refineries produced more than any third quarter since 1999.

Persons: Eric Risberg Organizations: Chevron, Exxon, Exxon Mobil Locations: Point Richmond, Calif

☆ With McCarthy out as Speaker, Pelosi no longer in party leadership, and Feinstein's death, California's clout in Congress has taken a major hit. The Golden State is now at a political crossroads.
▼ + stars: | 2023-10-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

The upcoming elections will also test the longstanding political sway of the San Francisco Bay Area. Dianne Feinstein is pictured on March 21, 1984, during her tenure as mayor of San Francisco. For generations, the center of political gravity in California has been in the San Francisco Bay Area. AdvertisementAdvertisementVice President Kamala Harris is a former San Francisco District Attorney. And Feinstein, a former San Francisco mayor, served in the Senate from 1992 until her death last month.

Persons: —, Nancy Pelosi, Kevin McCarthy, Dianne Feinstein —, McCarthy, Pelosi, Andrew Harnik, Arnold Schwarzenegger, Steve Poizner, Steve Scalise, Jim Jordan, Hakeem Jeffries, Gavin Newsom, Sen, Feinstein, Dianne Feinstein, Eric, Kamala Harris, Newsom, Jerry Brown, Barbara Boxer, Ron Dellums, Southern California . Sen, Alex Padilla, Harris, Laphonza Butler, Butler, Katie Porter, Adam Schiff —, Barbara Lee Organizations: San Francisco Bay Area, Service, Capitol, House Democratic Caucus, Senate Intelligence, AP, California Republican, Gov, San Francisco, Oakland, San, Southern California ., Democratic, Southern California . Rep, — Locations: California, San Francisco Bay, Bakersfield, San Francisco, Louisiana, Ohio, New York, Eric Risberg, San, Southern California, Los Angeles, Bay, Orange

Underwood Archives/Getty Images Feinstein gets her makeup touched up for a photo shoot in San Francisco in 1955. Bettmann Archive/Getty Images Feinstein attends a campaign event for her mayoral run in San Francisco in 1971. Clem Albers/San Francisco Chronicle/Getty Images Feinstein attends a memorial service for assassinated Supervisor Harvey Milk in San Francisco in 1978. Roger Ressmeyer/CORBIS/VCG/Getty Images Feinstein speaks at the signing of an anti-gun bill at San Francisco City Hall in 1982. Douglas Graham/CQ Roll Call/Getty Images Feinstein greets first lady Hillary Clinton at the 2000 Democratic National Convention in Los Angeles.

Persons: Washington CNN — Dianne Feinstein, Feinstein, Gavin Newsom, Newsom, NBC’s “, ”, Feinstein’s, Ramsay Hunt, I’m, “, ” Feinstein, Lindsey Graham, Amy Coney Barrett, Leah Millis, Nancy Pelosi, Democratic Sen, Dick Durbin, Kevin McCarthy, Chuck Schumer, “ Dianne Feinstein, ” Schumer, Sen, Dianne Feinstein, Joe Biden, Celeste Sloman, Dianne Emiel Goldman, George Moscone, Harvey Milk, Duke Downey, Clem Albers, Janet Fries, Quentin Kopp, Sal Veder, Richard Blum, Walter Mondale, Georges, Roger Ressmeyer, Steve Ringman, Tony Bennett, Jeff Reinking, Neal Ulevich, Bishop Desmond Tutu, Eric Risberg, Willie Brown, Cecil Williams, Dr, Martin Luther King Jr, Paul Sakuma, Kim Komenich, Mark Reinstein, Barbara Boxer, Alan Greth, Ruth Bader Ginsburg, Carol Moseley, Braun, Doug Mills, Charles Tasnadi, Kathleen Brown, Bill Clinton, Dirck Halstead, Lisa Leslie, Gigi Goshko, Douglas Graham, Hillary Clinton, Clinton, Paul J, Richards, Orrin Hatch, Patrick J, Leahy, William H, Pryor Jr, Scott J, Ferrell, Arnold Schwarzenegger, Schwarzenegger, Tim Sloan, Rick Friedman, Condoleezza Rice, George W, Bush, Colin Powell, Chuck Kennedy, John Roberts, Mark Wilson, Eileen Mariano, Mariano, interning, Tom Williams, Carson, Jay L, Barack Obama, Ralf, Finn Hestoft, Hina Rabbani Khar, Brendan Smialowski, Jacquelyn Martin, AP Sen, Chuck Grassley, Christine Blasey Ford, Brett M, Kavanaugh, Ford, Donald Trump, Chip Somodevilla, Barrett, Bonnie Cash, Graham, Samuel Corum, Jonathan Ernst, Simone Biles, Larry Nassar, Aly Raisman, Maggie Nichols, McKayla Maroney, Bob Dole, Oliver Contreras, Kent Nishimura, Kevin Dietsch, Dianne Feinstein's, Moscone, Milk, CNN’s Dana Bash, Dan White, ‘ Dan, ’, Harvey, California’s, Bash, Richard Blumenthal, Bill Clark, Annette Bening, Donald Trump’s, South Carolina Republican Lindsey Graham’s Organizations: Washington CNN, Senate, California Democratic, Democratic, Press, Democrats, Democratic Party, Capitol, Senate Intelligence, California Democrat, Capitol Hill, CNN, Golden State ”, Illinois, Republican, New York Times, Underwood Archives, Getty, San Francisco City Hall, San Francisco, of Supervisors, Bettmann, San Francisco Chronicle, San Francisco Ice Company, White, Steiner, Forbidden, Democratic National Convention, United States Senate, United, United States women's, team, Convention, Washington Post, Circuit, Images California, McClatchy, Tribune, Service, Supreme, California, Rancho, Pakistan's, AP, Committee, White House, Los Angeles Times, Stanford University, San, Supervisors, Administration Committee, federal, Inc, South Carolina Republican, Judiciary, Intelligence, Appropriations Locations: Washington, California, San Francisco, America, ” San Francisco, Washington , DC, DC, Forbidden City, Beijing, China, Feinstein , California, Los Angeles, United States, New York, AFP, Boston, Rancho Bernardo, San Diego, San Francisco , California, Maryland, San Francisco County, Richard Blumenthal of Connecticut

SAN FRANCISCO (AP) — Reparations advocates urged San Francisco supervisors Tuesday to adopt recommendations aimed at shrinking the racial wealth gap and otherwise improving the lives of Black residents as atonement for decades of discriminatory city policies, including the granting of a lump-sum $5 million payment to every eligible adult. San Francisco's Board of Supervisors was expected to vote Tuesday to accept the final reparations plan issued by the city's African American Reparations Advisory Committee. San Francisco embraces its image as a sanctuary for people living in the country illegally and members of the LGBTQ community. More than 200 people rallied outside City Hall before Tuesday’s board meeting, demanding that the city start addressing the enormous disparities for Black San Franciscans. Critics say the city's reparations plans are unconstitutional and would ruin the city financially.

Persons: Mayor London Breed, Rev, Amos C, Brown, Richie Greenberg, ” California's, Eric Risberg Organizations: FRANCISCO, San, Francisco's, Supervisors, Mayor London, Black San, Associated Press Locations: San Francisco, Francisco

☆ AT&T Halts Plans to Remove Lead Cables in Lake Tahoe
▼ + stars: | 2023-07-18 | by ( Shalini Ramachandran | ) www.wsj.com time to read: 1 min

AT&T said that it wants to leave the Lake Tahoe cables in place to allow for additional testing of lead levels. Photo: Eric Risberg/Associated PressAT&T said Tuesday that it will halt plans to remove two lead-clad cables in Lake Tahoe that it had previously agreed to remove as part of a 2021 settlement and that it will test lead levels at other locations where it has lead-clad cables around the country.

Persons: Eric Risberg Organizations: Associated Press AT Locations: Lake Tahoe

☆ The Great Pacific Garbage Patch is now so huge and permanent that a coastal ecosystem is thriving on it
▼ + stars: | 2023-04-17 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +6 min

Haram and her colleagues examined 105 items of plastic fished out of the Great Pacific Garbage Patch between November 2018 and January 2019. Courtesy Linsey Haram/Smithsonian InstitutionCoastal aggregating anemones found on a black floating plastic fragment collected in the garbage patch. Oceans of plasticThe Great Pacific Garbage Patch, which is twice the size of Texas, is the largest accumulation of ocean plastic in the world. If you look up at night, you see all those white dots, that’s essentially what you see in the garbage patch. A bag of plastics and debris collected in the Great Pacific Garbage Patch is unloaded in Sausalito, California in July 2022.

☆ Salesforce employees demand answers from execs about layoffs
▼ + stars: | 2023-01-25 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Salesforce employees demand answers. More than 500 employees wrote a letter to execs, demanding answers about the layoffs. Amazon employees told not to share confidential info with ChatGPT. Current and former employees told Insider that the social media company is shedding employees. This is what employees told us.

The vote came about after California passed a law last year requiring law enforcement departments to seek approval for use of military-style equipment. We live in a time when unthinkable mass violence is becoming more commonplace," San Francisco Police Chief William Scott said in the statement. "We need the option to be able to save lives in the event we have that type of tragedy in our city.”Police Chief William Scott speaks during a news conference in San Francisco in 2019. “We run a very serious risk of misuse by police of a robot to inflict deadly force,” he said. Preston said he hoped that outrage following the first vote in San Francisco would sway more of his fellow board members to vote against the measure Tuesday.

☆ Walmart, Best Buy, Trader Joe's and other retailers will be closed on Thanksgiving this year — see the list
▼ + stars: | 2022-11-23 | by ( Ann Matica | ) www.businessinsider.com time to read: +9 min

Stores like Walmart and Best Buy will be closing their doors on Thanksgiving again this year. Here's a list of retailers that have decided to stay closed on Thanksgiving Day. AppleREUTERS/Alyssa PointerApple stores located in the US will be closed this Thanksgiving, according to a company spokesperson. NordstromJeff Greenberg/Contributor/Universal Images Group Editorial via GettyNordstrom will not be opening its doors for business this Thanksgiving, according to Forbes. PetcoEducation Images/Contributor/Universal Images Group Editorial via GettyA company spokesperson confirmed to Insider that Petco will remain closed on Thanksgiving Day.

☆ Amidst the layoffs at Amazon, the company's ultra-secretive research lab is at risk of being shut. It's a sign things are changing 'dramatically' at the company.
▼ + stars: | 2022-11-14 | by ( Eugene Kim | ) www.businessinsider.com time to read: +14 min

Early last month, members of Amazon's secretive in-house research lab, Grand Challenge, were called into an unexpected video meeting. Weibel announced 3 of the 5 projects Grand Challenge was working on would shut down, effective immediately. When other team employees wanted to collaborate with the team, they needed additional approvals from its leadership. Amazon Glow was among the Grand Challenge projects to be discontinued at the end of this year. Getting support promoting Grand Challenge projects was a challenge too.

☆ Suspect in Paul Pelosi attack indicted on federal charges
▼ + stars: | 2022-11-10 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The charges are tied to the brutal attack on the House Speaker’s husband, Paul Pelosi. A police officer rolls out yellow tape on the closed street below the home of Paul and Nancy Pelosi in San Francisco, on Oct. 28. Eric Risberg / APAccording to Wednesday's indictment, Paul Pelosi told police that DePape of Richmond, Calif., who Pelosi said he had never met before, came into his bedroom while he was sleeping. Investigators said DePape identified another target who he believed Nancy Pelosi could "lure" to him. Two responding officers discovered Paul Pelosi and his assailant struggling over a hammer, which DePape allegedly used to strike Pelosi in the head before officers restrained him.

☆ Capitol Police had a camera feed of Pelosi's home during attack, but no one was monitoring it
▼ + stars: | 2022-11-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Garrett-Haake-Headshot.Jpg | Garrett Haake | ) www.nbcnews.com time to read: +2 min

WASHINGTON — U.S. Capitol Police had a camera feed showing the outside of House Speaker Nancy Pelosi's, D-Calif., home in San Francisco during the attack on her husband Friday, but no one was monitoring it at the time, two sources familiar with the situation said. The camera is one of about 1,800 at the Capitol complex and around the country that the Capitol Police have the ability to monitor. The Washington Post first reported no one was actively watching the camera feed when the break-in occurred early Friday morning. Pelosi was in Washington, D.C., at the time her husband, Paul Pelosi, was attacked. I came here to have a little chat with his wife,” DePape said he told Paul Pelosi, the filing alleges.

☆ Fact Check-Photo does not show Paul Pelosi’s attacker David DePape filming the Jan. 6 U.S. Capitol riot
▼ + stars: | 2022-11-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

However, the image shows DePape filming a wedding at City Hall in San Francisco in 2013. In the photos, DePape appears to be wearing the same blue clothing as in social media posts. DePape, 42, is accused of attacking Paul, 82, with a hammer after forcing his way into the couple’s home in San Francisco on Oct. 28. The image does not show DePape filming the attack on the U.S. Capitol on Jan. 6, 2021. Read more about our work to fact-check social media posts (here).

☆ Walmart, Target, Best Buy, and at least 15 other retailers will be closed on Thanksgiving this year — see the list
▼ + stars: | 2022-10-21 | by ( Ann Matica | ) www.businessinsider.com time to read: +8 min

Retailers like Walmart and Target are closing their stores on Thanksgiving Day again this year. The following year, Target followed suit, announcing it would be closed on Thanksgiving for good. Here's a list of retailers that have decided to stay closed on Thanksgiving Day. While a small number of employees still work on Thanksgiving Day to keep things operating smoothly, they all receive holiday pay, according to Target. PetcoEducation Images/Contributor/Universal Images Group Editorial via GettyA company spokesperson confirmed to Insider that Petco will remain closed on Thanksgiving Day.

☆ Mark Zuckerberg is making a classic big Silicon Valley mistake — one we last saw made by Marissa Mayer at Yahoo
▼ + stars: | 2022-10-11 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Mark Zuckerberg is making the same mistakes that plagued former Yahoo CEO Marissa Mayer. Zuckerberg, too, is making a big bet on the metaverse, one better suited for the venture capital world. As Meta shifts to become "a metaverse company" amid stalling user growth and slowing ad sales, stories are emerging about the growing pains that have arrived alongside the changes. Zuckerberg's metaverse play isn't unusual in the tech world, it's just not one we've often seen pay off outside the world of venture capital. Marissa Mayer also had an ambitious vision — and it didn't pay offFormer Yahoo CEO Marissa Mayer.

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