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99-year old trucking company Yellow shuts down, putting 30,000 out of work

Published Mon, 24 Feb 2025 01:07:02 GMT

By Chris Isidore | CNNNew York  — Yellow Corp., a 99-year old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers.The unionized company has been in a battle with the Teamsters union, which represents about 22,000 drivers and dock workers at the company. Just a week ago the union canceled a threatened strike that had been prompted by the company failing to contribute to its pension and health insurance plans. The union granted the company an extra month to make the required payments.But by midweek last week, the company had stopped picking up freight from its customers and was making deliveries only of freight already in its system, according to both the union and Satish Jindel, a trucking industry consultant.While the union agreed not to go on strike against Yellow, it could not reach an agreement on a new contract with the trucking company, according to a memo sent to local unions Thursday by the Teamste...

Sale closed in Los Gatos: $2.3 million for a two-bedroom home

Published Mon, 24 Feb 2025 01:07:02 GMT

16724 Chirco Drive – Google Street ViewA house located in the 16700 block of Chirco Drive in Los Gatos has new owners. The 1,050-square-foot property, built in 1949, was sold on July 10, 2023. The $2,300,000 purchase price works out to $2,190 per square foot. The layout of this single-story home consists of two bedrooms and one bath. Inside, there is a fireplace. Additionally, the home provides a one-car garage, offering a designated parking space and extra storage capacity. The property encompasses a generous 0.3-acre of land, featuring abundant outdoor space and a pool.Additional houses have recently been sold nearby:On Corinne Drive, Los Gatos, in June 2023, a 1,916-square-foot home was sold for $2,050,000, a price per square foot of $1,070. The home has 3 bedrooms and 2 bathrooms.A 1,173-square-foot home on the 15400 block of Benedict Lane in Los Gatos sold in May 2023, for $2,100,000, a price per square foot of $1,790. The home has 2 bedrooms 1 bathroom.In October 2022, a 1,667...

Un autobús cae por un abismo en una carretera de Perú

Published Mon, 24 Feb 2025 01:07:02 GMT

(CNN Español) — Un autobús de la empresa Transporte Especial Cotrina Buss E.I.R.L. se salió de la vía y cayó a un abismo en la provincia peruana de Huancabamba, departamento de Piura, de acuerdo con las investigaciones preliminares.Por el momento, se desconoce el número exacto de víctimas.El vehículo de pasajeros se dirigía de la localidad de San Martín con dirección a Tumbes, ambas en el norte del país.Un bus que iba hacia Tumbes, en el norte de Perú, se salió de la vía y cayó a un abismo. (Crédito: Policía/Agencia Andina)El ente supervisor de los servicios de transporte Terrestre en el Perú (SUTRAN) lamentó la pérdida de vidas humanas en el accidente y agregó que “la Sutran continúa con las investigaciones establecidas en el marco de sus competencias, y las coordinaciones con las instituciones involucradas a fin de determinar las responsabilidades del caso”.Agregó que el autobús accidentado contaba con el Seguro Obligatorio contra Accidentes de Tránsito, Certificado de Inspe...

Silicom: Q2 Earnings Snapshot

Published Mon, 24 Feb 2025 01:07:02 GMT

KFAR-SAVA, Israel (AP) — KFAR-SAVA, Israel (AP) — Silicom Ltd. (SILC) on Monday reported net income of $3.8 million in its second quarter.On a per-share basis, the Kfar-Sava, Israel-based company said it had net income of 56 cents. Earnings, adjusted for one-time gains and costs, came to 66 cents per share.The provider of servers and network computing appliances posted revenue of $38.1 million in the period.For the current quarter ending in September, Silicom said it expects revenue in the range of $30 million to $31 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILC at https://www.zacks.com/ap/SILCSource

ON Semiconductor Corp.: Q2 Earnings Snapshot

Published Mon, 24 Feb 2025 01:07:02 GMT

SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — ON Semiconductor Corp. (ON) on Monday reported second-quarter earnings of $576.6 million.The Scottsdale, Arizona-based company said it had net income of $1.29 per share. Earnings, adjusted for one-time gains and costs, were $1.33 per share.The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.The semiconductor components maker posted revenue of $2.09 billion in the period, also surpassing Street forecasts. Twelve analysts surveyed by Zacks expected $2.02 billion.For the current quarter ending in September, ON Semiconductor Corp. expects its per-share earnings to range from $1.27 to $1.41.The company said it expects revenue in the range of $2.1 billion to $2.19 billion for the fiscal third quarter._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Z...

Raso scores twice as co-host Australia advances, knocking Canada out of the Women’s World Cup

Published Mon, 24 Feb 2025 01:07:02 GMT

MELBOURNE, Australia (AP) — Haley Raso scored her first career Women’s World Cup goals at just the right time, with a first-half brace in Australia’s 4-0 win over Canada in Monday’s pivotal group-stage finale.The Matildas, who also got goals from Mary Fowler and Steph Catley in the second half, clinched top spot in Group B and a place in the round of 16 at the expense of the Olympic champion.Australia needed a win to guarantee it advanced. Canada needed to avoid defeat to avoid elimination.After missing two group-stage matches with a calf injury sustained on the eve of the tournament, Australia striker Sam Kerr was available on the bench but did not play in the match.In front of a vocal, pro-Australia crowd of 27,706 in Melbourne, Canada became the first reigning Olympic champion to be eliminated in group play in the subsequent Women’s World Cup.Australia’s progression ensured this year’s Women’s World Cup would not be the first without a host nation in the knockout stag...

Aurora to vote on proposal that would reinstate reserve police officers

Published Mon, 24 Feb 2025 01:07:02 GMT

AURORA, Colo. (KDVR) — Monday night, Aurora City Council members will consider a proposal to help SWAT medics become “reserve police officers.”In a study session earlier this month, Councilmember Danielle Jurinsky said the Aurora Police Department had requested the program.City officials said some paramedics that work with SWAT already carry concealed weapons, and the proposal could protect the city from liability by providing the medics with the same legal protections that are available to full-time officers. 17-year-old national cycling team athlete killed in Boulder crash "This is a model that has worked across the country," said Interim Police Chief Art Acevedo. Under the plan, medics tied to SWAT could apply to take part in a six-week training program in an effort to be certified as a reserve officer.The proposal would bring back the program that dissolved in 2005, according to officials.

Miami, Florida Keys getting additional area code of ‘645’

Published Mon, 24 Feb 2025 01:07:02 GMT

MIAMI (AP) — It looks like the singer Pitbull is going to have to add some digits to his ode to Miami’s area code, “305 Anthem.”That’s because Miami-Dade County and the Florida Keys are getting a new area code, “645,” starting next week.Beginning next Friday, area customers who request new phone numbers will be assigned the “645” area code, the Florida Public Service Commission said in a news release on Friday.The new area code will supplement the existing codes of “305” and “786″ which already are used for the Miami area and the Florida Keys.“While minimizing the impact to current customers, the Commission must plan for the continuing influx of new residents and businesses to the region — a testament to South Florida’s growing economy,” Andrew Giles Fay, the commission’s chairman said in a statement. “The new 645 area code will ensure that customer demand for new lines is met.”

Federal Judge orders City of Miami to adopt new voting map ahead of November elections

Published Mon, 24 Feb 2025 01:07:02 GMT

A federal judge has issued a mandate to the City of Miami that implements a new voting map before the upcoming November elections. The revised map will shift the boundaries of Miami’s five districts, potentially reshaping the city’s political landscape.Notably, Commissioner Joe Carollo is among those affected by the redrawing of district lines. As a result of the changes, Commissioner Carollo will find himself residing outside his designated district, forcing him to comply with city laws that require elected officials to live within their respective districts.Commissioner Alex Diaz de la Portilla would also face a potential challenger in his newly designated district.A lawsuit was filed by the American Civil Liberties Union (ACLU) against the city and argued that the voting map commissioners adopted in 2022 cut along racial lines. City officials have been given a tight deadline, and they must submit the new voting map to election officials, Monday.

Spanish police arrest Mexican drug cartel kingpin in Madrid

Published Mon, 24 Feb 2025 01:07:02 GMT

The leader of the European division of the Mexican Los Zetas drug cartel was arrested by Spanish authorities in Madrid Monday. The accused, who goes by the name of “Said,” is Moroccan and 54 years old, El Mundo reported. Four more cartel members were also apprehended.“A total of five people have been arrested in addition to the seizure of 400kg of narcotic substances and 220,000 euro in cash,” the Spanish National Police wrote. The cartel had been trying to establish a base in Spain and posting agents across Europe, especially the Netherlands, according to local media.The Spanish authorities collaborated with U.S. Homeland Security Investigations and the Colombian National Police in what constitutes the second biggest blow against the Zetas in Spain. In 2016, the Spanish police arrested Said’s predecessor, Juan Manuel Muñoz Luévano over money laundering and drug trafficking, El Pais reported. Los Zetas, originally founded by Mexican special forces ...