San Jose flooring company owner sentenced for shorting workers $1 million in overtime wages
SAN JOSE, Calif. — After failing to pay his employees $1 million in overtime wages, the owner of a San Jose flooring company was sentenced to four months in jail and ordered to pay over $580,000 in restitution. According to a statement released by the Santa Clara County District Attorney’s Office on Thursday, an investigation…
Bay Area air-quality agency a discriminatory ‘old boys club’ hostile to minorities: lawsuit
Racism, misogyny, and anti-LGBTQ harassment pervade the public agency in charge of pollution control in the Bay Area, according to a pair of new, related lawsuits. Two former managers accuse the Bay Area Air Quality Management District of running “a hostile and discriminatory ‘old boys club,’ where heterosexual, White men are in charge and others…
Will removal ceremony close San Jose’s Fallon statue saga?
On Friday morning, drivers stopped near Julian Street and Highway 87 in downtown San Jose may have wondered what was going on on the concrete island near the ramps. Were the 50 or so people present protesting or celebrating? Actually, a little bit of both. Members of the Muwekma Ohlone tribe and Centro Aztlan Chicomoztoc…
Pac-12 collapse: Tracing 12 strategic blunders that led to Doomsday
Devastation the next morning. “Heartbreaking stuff,” one Pac-12 official said. “So damn sad,” another said. The 108-year-old conference, which produced athletes such as Kareem Abdul-Jabbar and John Elway, as well as Annika Sörenstam, Phil Mickelson, Jackie Joyner-Kersee, Reggie Bush, Karch Kiraly, Sabrina Ionescu, and Barry Bonds — not to mention a second baseman named Jack…
Mike’s Diner Bar in Palo Alto faces eviction after owner paid rent one day late
Mike’s Diner Bar in Palo Alto is facing eviction after 29 years in business because owner Mike Wallau paid rent a day late due to a family medical emergency. His rent was due on July 17, but he couldn’t drop it off until the next day because he was at the hospital with his disabled…
Family of 8-year-old Oakland freeway shooting victim says child is paralyzed
OAKLAND, Calif. — According to an online fundraising page, the family of an 8-year-old boy who was critically injured in a July freeway shooting in Oakland says the child — “a fighter,” in their words — is paralyzed from the neck down and will require intensive medical services for the rest of his life. The…
Stock-market investors rarely see a recession coming despite warning signals. As all the classic alarm bells ring again, this time is no different, experts say — setting investors up to get crushed.
Investors are ignoring recession alarm bells, some experts say. The S&P 500 has rallied 17% year-to-date, but the Treasury yield curve and LEI point to a downturn. Stocks are typically reactionary when it comes to recessions. Right up until the economy enters a recession, there are always those who argue that we will avoid a…
A 27-year-old investor who’s building a retirement portfolio of $2 million in 8 years shares the 3 index funds he’s betting on, including one with an over 500% return in the last 10 years
Austin Hankwitz is challenging himself to build a $2 million portfolio in eight years. A big part of his retirement accounts holds Index funds. They are spread across overall exposure, technology, and growth stocks. In the next eight years, Austin Hankwitz hopes to have $2 million in his investment portfolio. At least, that’s his intention.…
A top-1% fund manager over the past 3 years highlights a ‘once-in-a-generation’ opportunity in an underrated part of the market — and shares 10 stocks to buy now
Through all the wild market swings of the past five years, Matthew Fine’s fund has risen. Focusing on small caps and international companies has led to his outperformance. Here are 10 top stocks worth investing in right now, in Fine’s view. By tuning out market noise, leading fund manager Matthew Fine has outperformed. According to…
