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Opinion: California cities should not impose cable-era taxes on streaming

Published Wed, 12 Feb 2025 16:18:30 GMT

Over the past 10 years, consumers have voted with their feet — and their remotes — abandoning expensive cable bundles and subscribing by the millions to innovative new streaming services.Offering incredible choice, options and diversity with subscriptions priced well below the market price, it’s no surprise that streaming is winning the war for eyeballs. A CNN headline last year rightly noted “The cord has been cut. Streaming is more watched than cable.”But too many regulators don’t seem to know a good thing when they see one, and are introducing new rules, taxes and regulations all over the country that would undermine streaming by treating it like cable. Aristotle said “treat like things alike,” and the reverse is also true: different things should be treated differently. Rules and policies designed for 1980s-era cable systems are a terrible fit for 2020s-era internet-based streaming services.In California, a group of towns and cities from Glendale to Redondo Beach to ...

Four-bedroom home sells for $2.7 million in Oakland

Published Wed, 12 Feb 2025 16:18:30 GMT

5900 Margarido Drive – Google Street ViewThe spacious property located in the 5900 block of Margarido Drive in Oakland was sold on June 27, 2023. The $2,700,000 purchase price works out to $1,088 per square foot. The house, built in 1947, has an interior space of 2,481 square feet. This single-story house offers a spacious layout with four bedrooms and three baths. Outside, the home presents roofing composed of tar and gravel materials. Inside, a fireplace adds character to the home. Additionally, the home provides a garage. The property encompasses a generous 7,176 square feet of land.Additional houses that have recently been sold close by include:A 1,844-square-foot home on the 6100 block of South Rockridge Boulevard in Oakland sold in May 2023, for $1,700,000, a price per square foot of $922. The home has 3 bedrooms and 2 bathrooms.On Beechwood Drive, Oakland, in October 2022, a 2,409-square-foot home was sold for $2,155,000, a price per square foot of $895. The home has 3 bedroo...

100 firefighters contain blaze at apartment complex in SF

Published Wed, 12 Feb 2025 16:18:30 GMT

SAN FRANCISCO (KRON) -- One hundred San Francisco firefighters are at the scene of a three-alarm fire in the city's Inner Sunset neighborhood. Three buildings were impacted by the blaze. The fire is located at 1279 8th Ave. The San Francisco Fire Department said crews were fighting heavy fire on the second floor of the structure. The fire was originally reported as a one-alarm fire before being upgraded to two alarms. There have been no injuries reported. SFFD said at 10:16 p.m. that the fire was contained. The Red Cross is assisting those who were displaced.The fire response has blocked the N Judah Muni line in both directions. The inbound train is turning around at 19th Avenue and Judah Street, and the outbound train is turning at Hillway Avenue and Carl Street. The public is asked to avoid the area of 8th Avenue between Lincoln Way and Irving Street. This is a developing story. Stick with KRON4 for updates.

City of San Jose, city workers to meet for mediation

Published Wed, 12 Feb 2025 16:18:30 GMT

(KRON) -- The City of San Jose continues to negotiate with unions representing city employees. The labor unions will meet with the city on Wednesday for another day of mediation. A closed door meeting was held on Tuesday for a potential agreement to be met, however no progress was made. ‘I want a ride’: Investigation on San Jose Pink Poodle strip club scandal released This all comes as a three-day strike is set to begin next week. City workers are demanding a pay raise of up to 7 percent but the city is only offering up to 5 percent.

Ballard: Q2 Earnings Snapshot

Published Wed, 12 Feb 2025 16:18:30 GMT

BURNABY, British Columbia (AP) — BURNABY, British Columbia (AP) — Ballard Power Systems Inc. (BLDP) on Wednesday reported a loss of $30.1 million in its second quarter.The Burnaby, British Columbia-based company said it had a loss of 10 cents per share.The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.The fuel cell technology company posted revenue of $15.3 million in the period, which matched Street forecasts.The company’s shares closed at $4.70. A year ago, they were trading at $8.88._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLDP at https://www.zacks.com/ap/BLDPSource

Motorcar Parts: Fiscal Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 16:18:30 GMT

TORRANCE, Calif. (AP) — TORRANCE, Calif. (AP) — Motorcar Parts of America Inc. (MPAA) on Wednesday reported a loss of $1.4 million in its fiscal first quarter.The Torrance, California-based company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 4 cents per share.The maker of remanufactured vehicle alternators and starters posted revenue of $159.7 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MPAA at https://www.zacks.com/ap/MPAASource

Aeterna Zentaris: Q2 Earnings Snapshot

Published Wed, 12 Feb 2025 16:18:30 GMT

TORONTO (AP) — TORONTO (AP) — Aeterna Zentaris Inc. (AEZS) on Wednesday reported a loss of $2.5 million in its second quarter.The Toronto-based company said it had a loss of 52 cents per share.The drug developer posted revenue of $2.2 million in the period.The company’s shares closed at $2.94. A year ago, they were trading at $5.05._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEZS at https://www.zacks.com/ap/AEZSSource

2-year-old DC child found safely after Amber Alert

Published Wed, 12 Feb 2025 16:18:30 GMT

A 2-year-old child has been found safely after D.C. police issued an Amber Alert on Wednesday morning.According to police, toddler Kaleb Scott had last been seen in the 4800 block of Nannie Helen Burroughs Ave NE, inside a 2018 black Toyota Highlander with D.C. tags GS9202. Law enforcement officials said the vehicle was stolen.Shortly after 8:20 a.m., police said both Kaleb Scott and the stolen vehicle were safely located.Police have not said if any arrests have been made.Police issued the Amber Alert shortly before 8 a.m.Source

CAE: Fiscal Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 16:18:30 GMT

ST-LAURENT, Quebec (AP) — ST-LAURENT, Quebec (AP) — CAE Inc. (CAE) on Wednesday reported fiscal first-quarter earnings of $48.6 million.The St-Laurent, Quebec-based company said it had profit of 15 cents per share. Earnings, adjusted for restructuring costs, were 18 cents per share.The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.The civil and military flight simulator company posted revenue of $785 million in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $765.4 million.CAE shares have increased 14% since the beginning of the year. The stock has dropped 16% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAE at https://www.zacks.com/ap/CAESource

Jerash: Fiscal Q1 Earnings Snapshot

Published Wed, 12 Feb 2025 16:18:30 GMT

FAIRFIELD, N.J. (AP) — FAIRFIELD, N.J. (AP) — Jerash Holdings (US), Inc. (JRSH) on Wednesday reported earnings of $497,000 in its fiscal first quarter.On a per-share basis, the Fairfield, New Jersey-based company said it had profit of 4 cents.The company posted revenue of $34.7 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JRSH at https://www.zacks.com/ap/JRSHSource