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Google confirmed on Thursday that the company ended its agreement with the development partner that was working on four key campus sites. Alphabet-owned Google is embarking on its most expansive cost cuts in its almost two decades on the public market. CNBC reported that, as part of Google's downsizing that went into effect early this year, the company gutted its development team for the San Jose campus. As recently as September, Google executives, including CFO Ruth Porat, appeared at a San Jose event that aimed to reaffirm the company's commitment to building in the city. San Jose Mayor Matt Mahan said in a statement to CNBC that the latest news "doesn't change Google's commitment to San Jose or their timeline."

Persons: Lendlease, we've, Ruth Porat, Matt Mahan, Mahan Organizations: Google, Lendlease, Downtown, San, Alexa, CNBC, San Jose Locations: Jose, Sunnyvale, Bayshore, Mountain View, San Francisco Bay, Bay, San Jose, San

☆ Three Ideas to End Tent Cities
▼ + stars: | 2023-10-30 | by ( Andy Kessler | ) www.wsj.com time to read: 1 min

Images: AFP/Getty Images/Zuma Press Composite: Mark KellySan FranciscoWhy are FBI agents raiding homeless tents in San Francisco? Despite the city’s spending billions on homelessness, the number of “unhoused”—as progressives say—has continued to soar alongside crime and opioid deaths. The tent encampments littering its streets have made the city a laughingstock. Los Angeles, San Jose, San Diego, Seattle, Portland, Ore., and others also have tent cities. How can this be in the world’s wealthiest country?

Persons: Mark Kelly San, — Organizations: Getty, FBI Locations: United States, Mark Kelly San Francisco, San Francisco, Los Angeles, San Jose, San Diego, Seattle, Portland, U.S

☆ The new breed of long-haul, low-cost airlines: What you need to know
▼ + stars: | 2023-10-30 | by ( John Walton | ) edition.cnn.com time to read: +8 min

CNN —You’ve seen them on TikTok and on Instagram: people flying on the new generation of long-haul, low-cost airlines where the fares sound too good to be true. By and large, long-haul, low-cost airlines focus on four specific markets: transatlantic, transpacific, southeast Asia and Australia. With a home base at Narita international airport, Zipair Tokyo is Japan Airlines' low-cost arm. Yoshio Tsunoda/AFLO/ShutterstockHome base: Tokyo (Narita, the airport an hour away from the city)Notable routes: Honolulu, LA, SF, San Jose (CA)Flies: Boeing 787sWhat you need to know: This is Japan Airlines’ low-cost arm. Scoot is Singapore Airlines' low-cost arm.

Persons: CNN — You’ve, ” you’ll, Markus Mainka, Pawel Gradek, Yoshio Tsunoda, Edgar Su, “ Organizations: CNN, Boeing, Airbus, That’s, AirAsia X, Buenos Aires, British Airways, Aer Lingus, Atlantic, Atlantic Airways, Air Premia, Premia, Narita, Japan Airlines, Japan Airlines ’, Singapore Airlines, Reuters, Singapore Airlines ’, Qantas, Getty, Jetstar, London, AirAsia Locations: New York, Paris, Asia, Australia, Paris Orly, Orly, LA, Miami, NY, France, Barcelona, Boston, Buenos, Santiago de Chile, IAG, Iberia, Aer, Oslo, London, Gatwick, Berlin, Rome, Chicago, Orlando, Seoul, Incheon, Honolulu , LA, Newark, Frankfurt, Tokyo, Japan, Narita, Jose, Scoot, Singapore, Athens, New Zealand, Southeast Asia, AFP, Honolulu, Kuala Lumpur

☆ ‘Super commuting’ is on the rise — and that spells big trouble for mid-size cities
▼ + stars: | 2023-10-30 | by ( Aki Ito | ) www.businessinsider.com time to read: +10 min

If you work in San Francisco, super commuting is the difference between living in a suburb or next to a vineyard. AdvertisementAdvertisementThe tech industry, which has embraced hybrid work more than other employers, is especially friendly to super commuters. Still, he notes, not all big cities will fare equally well in the age of super commuting. In its pre-pandemic analysis, the Census Bureau found that, on average, super commuters earned higher salaries than other commuters. For Callihan, who always dreamed of living in the big city, super commuting was a means to an end.

Persons: Lee Robinson's, Robinson, Uber, Robinson doesn't, He's, they're, Mitchell Moss, Moss, Carson Qing, Qing, Ivana Istochka, She's, Rick Bowmer, who's, Istochka, Lindsay Callihan, Callihan, Aki Ito Organizations: Hilton, New York University, Census Bureau, New Yorker, Amtrak Locations: America, Des Moines , Iowa, Denver, San Francisco, Iowa, Cleveland, Syracuse, New York, Los Angeles, Novato, Napa ., San Jose, Amity, Milan, Lisbon, Manhattan, Silicon, New York City, New, Manhattan —, Cary , North Carolina, North Carolina

[1/3] Tom Barrack, CEO of Colony Capital, speaks at the Republican National Convention in Cleveland, Ohio, U.S. July 21, 2016. Here are five criminal cases where the defendant testified:Theranos founder Elizabeth HolmesThe Theranos founder took the stand at her criminal trial in 2021, testifying over several days that she did not intend to defraud investors in the now defunct blood-testing startup. Middendorf, who was head of a department at KPMG, testified at the trial in Manhattan that when he learned another employee had obtained the information, he reported it to his boss. Ex-HSBC executive Mark JohnsonThe former HSBC executive was convicted in 2017 of defrauding a bank client in a $3.5 billion currency trade. Reporting by Jody Godoy in New York; Editing by Noeleen Walder and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Tom Barrack, Jim Young, Sam Bankman, Fried, Elizabeth Holmes, Holmes, Donald Trump, David Middendorf, Middendorf, Mark Johnson, Johnson, Jean Boustani, Boustani, Jody Godoy, Noeleen Walder, Daniel Wallis Organizations: Colony Capital, Republican National Convention, REUTERS, United, United Arab Emirates, U.S, KPMG, Supreme, HSBC, Prosecutors, Credit Suisse, Thomson Locations: Cleveland , Ohio, U.S, San Jose , California, Brooklyn, United Arab, UAE, Manhattan, British, Lebanese, Mozambican, Mozambique, New York

☆ NHL roundup: Knights extend franchise-record perfect start
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +10 min

Paul Cotter and Ivan Barbashev also scored goals, Jack Eichel had two assists and Logan Thompson finished with 26 saves for the Golden Knights. Pheonix Copley made 24 saves in his second start as the Kings won for the third time in four games. Ryan Johansen scored twice, Rantanen had a goal and three assists and Cale Makar added a goal and two assists. Zemgus Girgensons added a goal for Buffalo, and Ukko-Pekka Luukkonen made 34 saves in his first start of the season. Blake Coleman scored for the Flames, who have lost three straight games.

Persons: Shea Theodore, Brayden McNabb, Stephen R, Paul Cotter, Ivan Barbashev, Jack Eichel, Logan Thompson, Noah Cates, Cam Atkinson, Carter Hart, Jeremy Swayman, Pavel Zacha, Matthew Poitras, Trent Frederic, Petr Mrazek, Kopitar, Trevor Lewis, Trevor Moore, Blake Lizotte, Kevin Fiala, Adrian Kempe, Pheonix Copley, Jack McBain, Nick Bjugstad, Clayton Keller, Phillip Di Giuseppe, Nils Hoglander, Thatcher Demko, Ilya Mikheyev, Colton Sissons, Kiefer Sherwood, Jordan Eberle, Eberle, Jared McCann, Jaden Schwartz, Tye Kartye, McCann, Dylan Larkin, Joe Veleno, Shayne Gostisbehere, Alex DeBrincat, Nathan Mackinnon, Bowen Byram, Mikko Rantanen, Ryan Johansen, Rantanen, Cale Makar, Ross Colton, Alexandar Georgiev, Cal Clutterbuck, Simon Holmstrom, Kyle Palmieri, Anders Lee, Noah Dobson, Jean, Gabriel Pageau, Ilya Sorokin, Anthony Stolarz, Carter Verhaeghe, Sam Reinhart, Kevin Stenlund, Fabian Zetterlund, Mackenzie, Jonas Johansson, Johansson, Alex Barre, Boulet, Nick Paul, Nikita Kucherov, Tage Thompson, Jeff Skinner, Alex Tuch, Casey Mittelstadt, Zemgus Girgensons, Pekka Luukkonen, Mathieu Joseph, Vladimir Tarasenko, Ottawa's Jakob Chychrun, Josh Norris, Anton Forsberg, Joonas Korpisalo, Ryan Hartman, Mats Zuccarello, Joel Eriksson Ek, Jake Middleton, Kirill Kaprizov, Filip Gustavsson, Warren Foegele, Evan Bouchard, Evander Kane, Jack Campbell, Connor McDavid, Morgan Rielly, Auston Matthews, John Tavares, William Nylander, Joseph Woll, Alex Ovechkin, Darcy Kuemper, Frank Vatrano, Anaheim's Ryan Strome, Brett Leason, Lukas Dostal, Adam Fantilli, Emil Bemstrom's, Jack Roslovic, Fantilli, Dostal, Jack Hughes, Tyler Toffoli's, Hughes, Jose's Patrick Marleau, Joe Thornton, Edmonton's Connor McDavid, Justin Barron, Mike Matheson, Cayden Primeau, Connor Hellebuyck, Louis, Kyle Connor, Mason Appleton, David Gustafsson, Morgan Barron, Pavel Buchnevich, Robert Thomas, Jordan Binnington, Erik Gustafsson, Igor Shesterkin, Alexis Lafreniere, Chris Kreider, Filip Chytil, Shesterkin, Blake Coleman, Jacob Markstrom, Jason Robertson, Thomas Harley, Evgenii Dadonov, Wyatt Johnston, Jake Oettinger, Bryan Rust, Alex Nedeljkovic Organizations: Vegas Golden Knights, Philadelphia Flyers, Mobile, NHL, Stanley, Golden Knights, Philadelphia, Bruins, Blackhawks, Chicago, Coyotes, Los Angeles, Los, Kings, Canucks, Predators, Vancouver, Nashville, Red Wings, Seattle, Detroit, Wings, Avalanche, Islanders, New, Cal, Panthers, Sharks, Hurricanes, Tampa Bay, Senators, Buffalo, Ottawa, Sabres, Oilers, Edmonton, Maple Leafs, Capitals, Toronto, Washington, Ducks, Blue Jackets, Columbus, Nationwide, . Blue Jackets, Canadiens, New Jersey, Montreal, New Jersey's, Jets, Blues, Winnipeg, St, Rangers, Flames, Penguins, Thomson Locations: Las Vegas , Nevada, USA, Las Vegas, Vegas, Boston, Arizona, Los Angeles, Colorado, New York, Florida, San Jose, Sunrise, Fla, Mackenzie Blackwood, Carolina, Minnesota, Anaheim, New, Calgary, Dallas, Pittsburgh

☆ The San Jose housing market is so competitive that a house with an 'inactive meth lab' is on the market for $1.55 million
▼ + stars: | 2023-10-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

A San Jose home is the site of an "inactive meth lab and meth contamination," the listing reads. "If it's a meth lab, it shouldn't be listed at that price, not in that neighborhood," an agent said. AdvertisementAdvertisementThe housing market in San Jose, California, is so hot that even a former meth lab is asking well over $1 million. A six-bedroom home is currently listed at $1.55 million, but the kicker is it's being sold as is — "inactive meth lab" and all, reads the listing description. According to Redfin, San Jose has the most competitive housing market in the country, beating out neighboring cities like Sacramento and San Diego.

Persons: —, Redfin, Diane LoVerde, Santa Clara County, LoVerde, Zaid Hanna, KRON4, Keller, Cindy Selleos Organizations: Service, Court Locations: Jose, San Jose , California, San Jose, Sacramento, San Diego, California, Zillow, Santa Clara

☆ Homebuyers must earn more than $400,000 to afford a home in the 2 priciest metro areas — and New York isn’t one of them
▼ + stars: | 2023-10-25 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

"The Bay Area has consistently been one of the most expensive markets in the country," said Daryl Fairweather, chief economist at Redfin. Why the New York metro area is low on the listMidtown Manhattan, New York, as seen from Hoboken, New Jersey. That's because the metro area goes beyond Manhattan and the city's four other boroughs, extending into nearby counties. "Even though Manhattan is really expensive, once you get to the outlying areas [in] the New York metro area, it actually becomes quite affordable," said Fairweather. Interested homebuyers in the region still need to earn six figures annually to afford a home, about $197,734, Redfin estimates.

Persons: Thomas Barwick, San, Daryl Fairweather, Gary Hershorn, Fairweather Organizations: Area, Redfin, California metros, San Diego —, New, Midtown, Corbis, Council for Community Locations: Getty, San Francisco, San Jose , California, California, Anaheim, Oakland, San Diego, New York, Midtown Manhattan , New York, Hoboken , New Jersey, Manhattan, U.S

What’s going to stop that?” said Jon Loffi, a longtime law enforcement officer who teaches aviation security at Oklahoma State University and wrote a paper on identifying insider threats. The Federal Aviation Administration says its approved medical examiners are trained to gauge a pilot's mental health. The Horizon close call could result in the re-examination of the practice of letting off-duty pilots or other airline employees sit in the cockpit jump seat. Security experts say it would be difficult if not impossible to stop every determined criminal or terrorist who targets aviation. The off-duty Alaska Airlines pilot who was arrested Sunday joined Horizon as a first officer or co-pilot in 2001.

Persons: We’re, ”, Jon Loffi, It's, Joseph David Emerson, Emerson, Jeffrey Price, “, Ross Aimer, ” Price, ” Loffi, Loffi, Pete Buttigieg, Karen Yee, ” Allen Scott, ___ Claire Rush Organizations: Alaska Airlines, Oklahoma State University, FAA, FBI, Federal Aviation Administration, Metropolitan State University of Denver, Oklahoma State, FedEx, Pacific Southwest Airlines, Security, Transportation Security Administration, Sunday, Virgin America, Mercury, San Francisco Chronicle Locations: U.S, Oklahoma, French, California, Alaska, Multnomah County , Oregon, Portland, Pleasant Hill , California, San Francisco, Jose, Portland , Oregon

☆ Costa Rica, Honduras Agree to End Visa Rules and Ease Trade
▼ + stars: | 2023-10-24 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

Earlier this month, Costa Rica introduced mandatory visa requirements for Hondurans seeking to enter, saying the measure was needed to boost security, which prompted reciprocal action from Tegucigalpa. Earlier this year, Costa Rican President Rodrigo Chaves proposed a set of security measures in response to surging crime, including a record-setting pace for murders. Costa Rican police have attributed rising violence to an uptick in international criminal groups trafficking drugs to the United States. Specifically, Costa Ricans seeking to enter Honduras will need a certificate showing their criminal records, while Hondurans seeking to enter Costa Rica will need a certificate detailing any police record. (Reporting by Alvaro Murillo in Costa Rica; Additional reporting by Gustavo Palencia in Tegucigalpa; Writing by Sarah Morland; Editing by David Alire Garcia and Leslie Adler)

Persons: Rodrigo Chaves, Chaves, Xiomara Castro, Gerardo Torres, Alvaro Murillo, Gustavo Palencia, Sarah Morland, David Alire Garcia, Leslie Adler Organizations: JOSE, Central, Costa, Honduran Locations: Costa Rica, Honduras, Central American, Tegucigalpa, Costa Rican, Central America, United States, Costa Ricans

☆ How Micron is building the biggest chip fab in U.S. history despite a China ban and smartphone slump
▼ + stars: | 2023-10-23 | by ( Katie Tarasov | ) www.cnbc.com time to read: +12 min

But multiple memory chips are needed to support each GPU or CPU, so making memory requires more fab space. Micron says construction in New York will begin at the end of 2024 and chip production there will start in 2027. By 1980, it was building its first fab and a year later was pumping out a revolutionarily small 64K DRAM chip. Gatzemeier, who joined as an intern in 1997, explained the two main kinds of memory: DRAM and NAND. When it comes to the biggest type of memory, DRAM, Samsung is by far the leader, followed by SK Hynix and then Micron.

Persons: Sanjay Mehrotra, Ben Farrar, Scott Gatzemeier, Mehrotra, Chuck Schumer, Schumer, Kathy Hochul, Hochul, Gatzemeier, Katie Tarasov, Kent Kessinger, Patrick Moorhead, Gaurav Gupta, it's, Moorhead, HBM, China's, Gartner's Gupta, that's, Xi Jinping, Micron's Organizations: Samsung, SK Hynix, Micron, CNBC, U.S, Intel, AMD, Labor, Syracuse . New York Gov, New York, Texas, Gartner, Apple, Motorola, Asus, China Micron, Biden Locations: South Korea , Idaho, U.S, China, Japan, Taiwan, Boise , Idaho, New York, Manassas , Virginia, Syracuse , New York, Asia, Syracuse, Idaho, New, Jose, Boise, India, Fujian

☆ Cadence's downbeat fourth-quarter forecast signals weakness in chip industry
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

FILE PHOTO:The logo of Cadence Design Systems is pictured outside the company's offices in San Jose, California, U.S., January 31, 2020. REUTERS/Stephen Nelli/File Photo Acquire Licensing RightsOct 23 (Reuters) - Cadence Design Systems (CDNS.O) forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending by semiconductor firms navigating a tough economy weighs on the chip design software provider. A slower-than-expected chip industry recovery has a cascading impact on firms like Cadence, which makes software tools and hardware that help produce blueprints for chips before they are mass manufactured. Cadence expects current-quarter adjusted profit per share in the range of $1.30 to $1.36. Analysts had expected adjusted profit of $1.37 per share, as per LSEG data.

Persons: Stephen Nelli, Akshita Toshniwal, Chavi Mehta, Shailesh Organizations: Cadence Design Systems, REUTERS, Wall, Cadence, Revenue, Thomson Locations: San Jose , California, U.S, Beijing, China, Bengaluru

☆ Top Wall Street analysts favor these five dividend stocks during tumultuous times
▼ + stars: | 2023-10-22 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

The company paid a dividend of $1.74 per share in late September, which included a quarterly base dividend of 50 cents per share and a variable dividend of $1.24. The acquisition, anticipated to close in January 2024, is expected to boost CIVI's free cash flow per share by 5% in 2024. In September, the company announced a quarterly dividend of 57 cents per share, payable on Nov. 1. (See Chesapeake Insider Trading Activity on TipRanks)EOG ResourcesLet's look at another energy company: EOG Resources (EOG). Based on this quarterly dividend, the annual dividend rate comes to $3.30 per share, bringing the dividend yield to 2.5%.

Persons: Paresh Dave, Wall, Civitas, Lloyd Byrne, CIVI, Byrne, TipRanks, Bristol Myers, BMY, Goldman Sachs, Chris Shibutani, Shibutani, Umang Choudhary, Choudhary, EOG, Nitin Kumar, Eagle, Kumar Organizations: Cisco Systems Inc, Civitas, Civitas Resources, Vencer Energy, Jefferies, Midland, Bristol, Bristol Myers Squibb, Mirati Therapeutics, Chesapeake Energy, Management, Chesapeake, EOG, Eagle Ford, TipRanks, Cisco Locations: San Jose , California, Denver, Midland, West Texas

☆ NHL roundup: Knights' season-opening surge makes history
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +10 min

Vegas stretched its season-opening winning streak to six games, the longest by a defending Stanley Cup champion in league history. Justin Schultz scored for Seattle, which has tallied more than one goal only once in six games this season to drop to 1-4-1. Maple Leafs 4, Lightning 3 (OT)John Tavares scored the game-winning goal in overtime as Toronto rallied past host Tampa Bay. Predators 5, Sharks 1Tommy Novak scored two goals and Juuse Saros made 31 saves to propel host Nashville past San Jose. Marchand scored goals in the second and third periods after recording an assist.

Persons: Nicolas Roy, Laurent Brossoit, James Carey Lauder, Marc Stone, Paul Cotter, Vegas, Cotter, Michael Amadio, Connor Bedard, Artturi Lehkonen, Logan O'Connor, Nathan MacKinnon, Ryan Johansen, Mikko Rantanen, Fredrik Olofsson, Alexandar Georgiev, Jesperi, Jaccob Slavin, Brent Burns, Michael Bunting, Stefan Noesen, Pyotr Kochetkov, Jonathan Quick, Artemi Panarin, Kaapo Kakko, Alexis Lafreniere, Filip Chytil, K'Andre Miller, Justin Schultz, Philipp Grubauer, Joe Veleno, Dylan Larkin, Shayne Gostisbehere, David Perron, Ville Husso, Jake Sanderson, Ridly Greig, Joonas Korpisalo, Karel Vejmelka, Jason Zucker, Clayton Keller, Frank Vatrano, Lukas Dostal, Jeff Skinner, Mattias Samuelsson, Dylan Cozens, Eric Comrie, Comrie, Semyon Varlamov, Cole Caufield, Caufield, Nick Suzuki, Darcy Kuemper, Sean Monahan, Brendan Gallagher, Dylan Strome, Kuemper, Andrei Kuzmenko, Elias Pettersson, Quinn Hughes, Carson Soucy, Brock Boeser, . Miller, Casey DeSmith, Sam Reinhart, Aleksander Barkov, Sergei Bobrovsky, John Tavares, Tavares, William Nylander, Nikita Kucherov, Alex Barre, Boulet, Adam Fantilli, Jack Roslovic, Minn, Justin Danforth, Kent Johnson, Boone Jenner, Elvis Merzlikins, Dakota Mermis, Marcus Johansson, Mats Zuccarello, Jonas Brodin, Joel Eriksson Ek, Pat Maroon, Filip Gustavsson, Joe Pavelski, Wyatt Johnston, Jamie Benn, Roope Hintz, Tyler Sequin, Scott Wedgewood, Travis Konecny, Sean Walker, Joel Farabee, Noah Cates, Samuel Ersson, Tommy Novak, Nashville's Kiefer Sherwood, Luke Evangelista, Samuel Fagemo, Tomas Hertl, Mackenzie Blackwood, Brandon Saad, Louis, Jake Neighbours, Colton Parayko, Kasperi Kapanen, Robert Thomas, Jordan Binnington, Evgeni Malkin, Radim Zohorna, Tristan Jarry, Saad, Mark Scheifele, Connor Hellebuyck, Josh Morrissey's, Stuart Skinner's, Darnell Nurse, Evan Bouchard, Connor McDavid, Leon Draisaitl, didn't, Brad Marchand, David Pastrnak, Marchand, Pastrnak, Morgan Geekie, Derek Forbort, Jeremy Swayman, Alex Laferriere, Carl Grundstrom, Cam Talbot, Anze Kopitar, Dustin Brown Organizations: Vegas Golden Knights, Winnipeg Jets, Canada Life, USA, Chicago Blackhawks, Stanley, Edmonton Oilers, Ottawa Senators, Golden Knights, Chicago, United, Blackhawks, Avalanche, Hurricanes, Colorado, Carolina, Rangers, Seattle, Red Wings, Senators, Ottawa, Detroit, Coyotes, Ducks, Arizona, Anaheim, Islanders, Buffalo, Sabres, New Jersey Devils, Canadiens, Capitals, Montreal, Washington, Canucks, Panthers, Florida, Maple Leafs, Toronto, Tampa Bay, Leafs, Brayden, Blue Jackets, NHL, Dakota, Flyers, Dallas, Philadelphia, Sharks, Nashville, Penguins, Pittsburgh, Blues, Jets, Oilers, Winnipeg, Edmonton, McDavid, Scheifele, Bruins, Thomson Locations: Winnipeg , Manitoba, Vegas, Denver, Colorado, New York, Detroit, Tempe, Ariz, Vancouver, Florida, Sunrise, Fla, Tampa, Columbus, Minnesota, Saint Paul, San Jose, Pittsburgh, Scheifele, Boston, Los Angeles

☆ Hurricane Norma makes landfall near resorts of Los Cabos on Mexico’s Baja California peninsula
▼ + stars: | 2023-10-21 | by ( ) www.cnbc.com time to read: +6 min

Strong waves caused by hurricane Norma hits a beach in San Jose del Cabo, Mexico, on Saturday, Oct. 21, 2023. Hurricane Norma has made landfall near the resorts of Los Cabos at the southern tip of Mexico's Baja California Peninsula. Hotels in Los Cabos remained about three-quarters full of tourists, but shelters were set up at schools in the resorts. Residents of Los Cabos resorts rushed to prepare as Norma approached, while in the Atlantic, Hurricane Tammy threatened to batter the islands of the Lesser Antilles. The Los Cabos Civil Defense agency urged residents to stay indoors all day as winds and rain increased.

Persons: Norma, Todos Santos, Hurricane Tammy, Cabo San Lucas, San Jose del Cabo, Maribel Collins, José, Homero Blanco, Tammy, Tropical Storm Phillippe, Hurricane Irma, Philippe, Gaston Browne Organizations: U.S, National Hurricane Center, Lesser Antilles, Saturday, Civil Defense, Police, National Guard, Guard, Hurricane, Tropical, Residents, St Locations: San Jose del Cabo, Mexico, Cabos, Mexico's Baja California, Todos, Cortez, of California, Baja, Sinaloa, Los Cabos, Los, Hurricane, Lesser, Cabo San, Pacific, Baja California, Baja California Sur, San Jose, Cabo San Lucas, San Jose del, Guadeloupe, Antigua, Barbuda, Montserrat, St, Kitts, Nevis, Caribbean, Martinique, St John's

☆ The 10 cities with the most competitive housing markets
▼ + stars: | 2023-10-19 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

The most expensive and populous cities are not the most competitive for homebuying, Redfin found. In these cities, days on market are falling, offers abound, and contingencies are often waived. AdvertisementAdvertisementEven though the uber-competitive housing market days of 2021 and 2022 are mostly behind us , there are still cities where you better bring your best offer. Redfin has uncovered the cities with the most competitive housing markets in the country. Redfin measured the competitiveness of housing markets based on the number of competing offers, waived contingencies, sale to list ratio, and number of days on market.

Persons: Redfin, —, Daryl Fairweather, There's, Fairweather, San Organizations: Service Locations: Omaha , Nebraska, Rockford , Illinois, York, Los Angeles, Austin, Boise, Fayetteville, Omaha, California, San Jose, San Diego, Sacramento, San Francisco, Francisco, Redfin

☆ A Silicon Valley billionaire is leasing a 2-acre plot of private land for $1 a year to help address the Bay Area's housing crisis
▼ + stars: | 2023-10-19 | by ( Erin Snodgrass | Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

The San Jose City Council voted to approve a new quick-build housing development for the unhoused. Silicon Valley billionaire John Sobrato will lease 2 acres of private land to the city at $1 a year. AdvertisementAdvertisementA Bay Area billionaire is offering his private land to the city of San Jose, California, for a $1 annual lease in an effort to tackle the area's homelessness. A 2023 Point-in-Time homeless census released earlier this year found at least 6,340 people were homeless in San Jose, local media reported. San Jose City Council representatives did not return Insider's request for comment.

Persons: John Sobrato, —, Sobrato, Matt Mahan, @MattMahanSJ, Mahan Organizations: San Jose City, Service, Area, San Jose City Council, Via, San Jose, NBC, VTA, Via Del, Council for Community, Economic Research, Sobrato Organization, Forbes Locations: San, Silicon Valley, San Jose , California, Via Del Oro, NBC Bay, South San Jose, Via, Edenvale, San Jose, California, Valley, Del Oro, Unhoused

☆ Silicon Valley CEO gets 8-year prison sentence in case over blood-testing company that gives off Elizabeth Holmes-Theranos vibes
▼ + stars: | 2023-10-19 | by ( Associated Press | Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

The CEO of medical testing company Arrayit was sentenced to 8 years in prison on Wednesday. Schena's case is similar to Elizabeth Holmes', who was sentenced to prison for defrauding investors in Theranos. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In meetings with investors, Schena claimed he was on the shortlist for the Nobel Prize and falsely represented that Arrayit could be valued at $4.5 billion, prosecutors said.

Persons: Arrayit, Elizabeth Holmes, —, Mark Schena, Schena, Holmes, State Henry Kissinger, George Shultz, Richard Kovacevich, William H, Foege, San Organizations: Service, US Department of Justice, Arrayit Corporation, Stanford University, SEC, State, Wells, Centers for Disease Control Locations: Theranos, Sunnyvale , California, San Jose , California, Texas

Mark Schena, 60, was convicted last year of paying bribes to doctors and defrauding the government after his company billed Medicare $77 million for fraudulent COVID-19 and allergy tests, the U.S. Department of Justice said in a statement. Schena claimed his Sunnyvale, California-based company, Arrayit Corporation, had the only laboratory in the world that offered “revolutionary microarray technology” that allowed it to test for allergies and COVID-19 with the same finger-stick test kit, prosecutors said. In meetings with investors, Schena claimed he was on the shortlist for the Nobel Prize and falsely represented that Arrayit could be valued at $4.5 billion, prosecutors said. Holmes was convicted on four felony counts of investor fraud following a nearly four-month trial in the same San Jose, California, courtroom where Schena’s trial was held. In May, Holmes entered a Texas prison where she could spend the next 11 years.

Persons: Mark Schena, Schena, Elizabeth Holmes, Holmes, San Organizations: JOSE, Calif, U.S . Department of Justice, Arrayit Corporation, Stanford University Locations: Sunnyvale , California, San Jose , California, Texas

A European Union flag flutters outside the congress palace ahead of the European Political Community summit in Granada, Spain, October 4, 2023. The council said all three jurisdictions either lacked tax information or failed to deliver on commitments regarding governance and transparency reforms. Barring Russia, it said in a statement, the EU list only includes "small and vulnerable countries like Belize yet fails to include any EU member state" which were given the same Global Forum rating. Oxfam's EU tax expert Chiara Putaturo also slammed the list as "toothless" for not screening the United States, the UK, or EU states such as Luxembourg and Malta, adding "countries deemed too big to be listed can no longer escape scrutiny." The EU Council did not immediately respond to a request for comment.

Persons: Jon Nazca, Chiara Putaturo, Sarah Morland, Alvaro Murillo, Jose Sanchez, Bill Berkrot, Stephen Coates Organizations: REUTERS, European Union, OECD's, Transparency, Information, EU, Marshall, Thomson Locations: Granada, Spain, Seychelles, Caribbean, Belize, Antigua, Barbuda, Russia, Panama, EU, United States, Luxembourg, Malta, British Virgin Islands, Costa Rica, Mexico City, San Jose, Belmopan

☆ NHL roundup: Auston Matthews’ 2nd straight hat trick lifts Leafs
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +9 min

/ Dan Hamilton-USA TODAY Sports Acquire Licensing RightsOctober 15 - Auston Matthews scored three goals for the second straight game and the Toronto Maple Leafs defeated the visiting Minnesota Wild 7-4 on Saturday night. William Nylander added two goals and an assist for the Maple Leafs, who have won their first two games of the season. Senators 5, Flyers 2Jakob Chychrun had two goals and one assist, Brady Tkachuk scored twice and host Ottawa defeated Philadelphia. Jenner got his second career hat trick by scoring three times in a span bridging the first and second periods. 1 overall pick by Chicago in the 2023 NHL Draft, assisted on Johnson's second goal, giving him a goal and two assists in his first three NHL games.

Persons: Auston Matthews, Tyler Bertuzzi, Dan Hamilton, William Nylander, Calle Jarnkrok, Mitchell Marner, Morgan Rielly, John Tavares, Ryan Hartman, Matt Boldy, Marco Rossi, Brandon Duhaime, Ilya Samsonov, Filip Gustavsson, Jakob Chychrun, Brady Tkachuk, Jake Sanderson, Vladimir Tarasenko, Claude Giroux, Anton Forsberg, Travis Konecny, Cam York, Carter Hart ., Chandler Stephenson, Hill, Greg Cronin's, Jack Eichel, Shea Theodore, Jonas Rondbjerg, Mason McTavish, John Gibson, Cronin, Dallas Eakins, Gibson, Kyle Connor, Mark Scheifele, Mason Appleton, Jets netminder Connor Hellebuyck, Winnipeg's, Evan Rodrigues, Sam Reinhart, Sergei Bobrovsky, James van Riemsdyk's, Nashville . van Riemsdyk, Charlie McAvoy's, David Pastrnak, Brad Marchand, Boone Jenner, Jenner, Erik Gustafsson, Will Cuylle, Chris Kreider, Filip Chytil, Mika Zibanejad, Alex DeBrincat, Compher, Moritz Seider, DeBrincat, Dylan Larkin, Steven Stamkos, Victor Hedman, Sean Monahan, Cole Caufield, Tanner Pearson, Sam Montembeault, Tyler Johnson, Petr Mrazek, Connor Bedard, Bryan Rust, Jake Guentzel, Evgeni Malkin, Reilly Smith, Kris Letang, Matt Coronato, Jonathan Huberdeau, Jacob Markstrom, Nils Hoglander, Sam Lafferty, Casey DeSmith, Andrei Kuzmenko, Jack Studnicka, Elias Pettersson, backstop, Ryan Nugent, Hopkins, Leon Draisaitl, Connor McDavid, Stuart Skinner, Jordan Binnington, Louis, Jordan Kyrou, Robert Thomas, Binnington, Vince Dunn's, Adam Larsson, Jaden Schwartz, Joey Daccord, Casey Cizikas, Brock Nelson, Kyle Palmieri, Ilya Sorokin, Jordan Greenway, Casey Mittelstadt, Devon Levi, Jordan Martinook, Brent Burns, Aho, Jesperi Kotkaniemi, Brendan Lemieux, Teuvo Teravainen, Anze Kopitar, Drew Doughty, Moore, Vladislav Gavrikov, Kevin Fiala, Cale Makar, Mikko Rantanen, Alexandar Georgiev, Mackenzie Blackwood, Thomas Bordeleau Organizations: CAN, Toronto Maple Leafs, Minnesota Wild, Scotiabank Arena, Maple Leafs, Toronto, Minnesota, Senators, Flyers, Ottawa, Philadelphia, Carter Hart . Golden Knights, Ducks, Greg Cronin's NHL, Anaheim, Vegas, Golden Knights, Jets, Panthers, Winnipeg, Florida, Bruins, Boston, Nashville ., Blue Jackets, Rangers, Columbus, Boston Bruins, Wings, Detroit, Tampa, Red Wings, Lightning, Canadiens, Blackhawks, Montreal, Chicago, NHL, Penguins, Flames, Pittsburgh, Calgary, Canucks, Oilers, Seattle, Blues, Islanders, Sabres, New, Hurricanes, Carolina, Los Angeles Kings, Kings, Los, Avalanche, Sharks, Colorado, San Jose, San, Thomson Locations: Toronto , Ontario, Las Vegas, Florida, New York, York, Tampa Bay, Calgary, Vancouver, Elmont, squandering, Los Angeles, San, San Jose

☆ Tech workers trying to live longer are turning to buzzy peptide treatments
▼ + stars: | 2023-10-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Peptide anti-aging treatments are surging in popularity with tech workers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementSilicon Valley biohackers are turning to more than just cold plunges, intermittent fasting, and rigorous exercise plans to stay smart and live longer. One of the hottest longevity trends among tech workers these days are peptide treatments which include pills, injections, and topical creams that can enhance performance, improve skin elasticity, increase libido, and even fight against diseases. Huberman noted that some of the most popular peptide treatments for health and fitness right now — among men and women — are ones that release human growth hormone like Sermorelin, Tesamorelin, and Ipamorelin.

Persons: Andrew Huberman, —, Huberman, Lorraine McCarthy, McCarthy, They're, Jeff Tang, Tang — Organizations: Service, NextGen Health, NexGen Health, Blue Phoenix, Wall Street Locations: San Jose , California, Medellìn, Colombia

☆ Chinese embassy criticizes Costa Rica for 5G company restrictions
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +1 min

A sign for 5G is seen at the World 5G Exhibition in Beijing, China November 22, 2019. The Chinese embassy in San Jose criticized the remarks in a statement. "These comments gravely affect the confidence and expectations of Chinese companies to undertake economic-trade activities in Costa Rica and they erode the good energy to develop bilateral relations," the embassy wrote in a statement. In August, Costa Rican President Rodrigo Chaves approved a decree aiming to regulate 5G mobile network development and banned firms from countries that have not agreed to an international cybercrime convention. Chaves issued the directive shortly after Laura Richardson, a senior U.S. military commander, visited Costa Rica, where she questioned growing Chinese investment in Latin American infrastructure development including ports and 5G networks.

Persons: Jason Lee, Costa, Rodrigo Chaves, Chaves, Laura Richardson, Alvaro Murillo, Cynthia Osterman Organizations: REUTERS, JOSE, Central American, Costa, Thomson Locations: Beijing, China, Costa Rican, San Jose, Costa Rica, South Korea, Russia, Brazil, U.S

☆ Biles grateful for support during 'mental health journey'
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

Her withdrawal to focus on her mental health was one of the biggest stories of those Games. At the Artistic Gymnastics World Championships that finished on Sunday in Belgium, she won five medals - four golds and a silver. "I would like to extend my heartfelt gratitude to fans, friends, family & partnerships who have been unwavering pillars of support throughout my mental health journey," Biles wrote in a social media post. She added: "World Championships was an absolute dream & I still can't believe it." Biles, 26, is a four-time Olympic and 23-time world championships gold medallist who has looked as dominant as ever since returning to the sport.

Persons: Simone Biles, Yves Herman, Biles, Rory Carroll, Sonali Paul Organizations: Tokyo, U.S, Gymnastics, Olympic, Thomson Locations: Antwerp, Belgium, San Jose, Los Angeles

☆ Optimistic Sharks start season with challenge in facing Knights
▼ + stars: | 2023-10-12 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

And surprise a lot of people it would if host San Jose could down the defending Stanley Cup champion Vegas Golden Knights to open its 2023-24 campaign. The Sharks finished with a 22-44-16 record and 60 points last season, just two more points than the Anaheim Ducks (23-47-12, 58 points), who had the fewest points in the NHL. The Sharks finished the 2022-23 season with a six-game losing streak, with their second-to-last win of the campaign coming on March 30, a 4-3 overtime victory over the Golden Knights. The Golden Knights opened their season with a 4-1 win over the Seattle Kraken on Tuesday night in Las Vegas. "The slot machine was freaking cool," Golden Knights coach Bruce Cassidy said.

Persons: Norris, Erik Karlsson, David Quinn, Quinn, San Jose 32nd, We've, Logan Couture, Tommy Hertl, Couture, Jose, Adin Hill, Chandler Stephenson, Jonathan Marchessault, Ivan Barbashev, Jack Eichel, Mark Stone, Stone, Bruce Cassidy, William Carrier, Brett Howden, Brandon Tanev Organizations: Pacific Division, Sharks, Stanley, Vegas Golden Knights, The Sharks, Anaheim Ducks, NHL, ESPN, San Jose, Golden Knights, Jose, Vegas, Seattle, Mobile, Thomson Locations: Jose, Las Vegas, Seattle

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