WeWork, shortly after warning about its future, seeks to renegotiate nearly all of its leases
Published Wed, 27 Nov 2024 11:56:30 GMT
NEW YORK (AP) — WeWork said Wednesday it will attempt to renegotiate nearly all of its leases and may exit some properties, an announcement coming just weeks after the workspace-sharing company sounded the alarm over its ability to remain in business.The New York City company must reduce its operating costs — notably its current lease liabilities, which “remain too high and are dramatically out of step with current market conditions,” WeWork Interim CEO David Tolley said in a statement published on the company’s website.WeWork’s lease liabilities accounted for more than two-thirds of its operating expenses for the second quarter of this year, Tolley said. As of June 30, WeWork had 777 locations in 39 countries.“We will seek to negotiate terms with our landlords that allow WeWork to maintain our unmatched quality of service and global network, in a financially sustainable manner,” Tolley wrote — adding that the company expects to exit “unfit and underperforming loca...Pakistan shuts key crossing into Afghanistan after border guards exchange fire
Published Wed, 27 Nov 2024 11:56:30 GMT
PESHAWAR, Pakistan (AP) — Pakistan closed a key northwestern border crossing with Afghanistan after border guards from the two sides exchanged fire Wednesday, while elsewhere near the border in northern Pakistan clashes killed four Pakistani soldiers and 12 militants, authorities said.Separately, mortar fire hit a house in Pakistan near the Afghan border, killing five Pakistanis— a mother and her four children. It was not immediately clear who fired the mortar and police were investigating the attack in the North Waziristan district of Khyber Pakhtunkhwa province, local authorities said. Militants often target security forces deployed in the region with mortars, which also has caused civilian casualties in recent years.The exchange of fire across the border also took place in the province, in the town of Torkham, and it was not immediately clear what prompted the gunfire, said Nasrullah Khan, an official in Torkham. He said Pakistani government and military officials were in contact...Louisville, FCS Murray State seek 2-0 starts as in-state rivals meet, with Cardinals winning last 6
Published Wed, 27 Nov 2024 11:56:30 GMT
Murray State (1-0) at Louisville (1-0), Thursday, 7:30 p.m. ET (ACC)Line: Louisville by 40 1/2, according to FanDuel Sportsbook.Series record: Louisville leads 14-6.WHAT’S AT STAKE?Both teams seek 2-0 starts after impressive opening victories. The host Cardinals overcame a 28-13 halftime deficit to win their ACC opener 39-34 over Georgia Tech in Jeff Brohm’s coaching debut. The Racers routed Presbyterian 41-10 and seek their first win over an FBS school since beating Louisville in 1984 under Hall of Famer Frank Beamer.KEY MATCHUPMurray State’s passing game vs. Louisville’s pass defense. DJ Williams and newcomer Eric Phoenix each surpassed 100 yards with a touchdown apiece against Presbyterian as the Racers totaled 253 yards. The Cardinals yielded 313 yards to the Yellow Jackets but clamped down to hold Tech to 109 yards passing after halftime and just 2 in the third quarter. Ramon Puryear’s first-quarter interception set up a field goal and Dezmond Tell’s strip sack led to an insura...Ya son 27 los muertos por el paso de un ciclón en Brasil
Published Wed, 27 Nov 2024 11:56:30 GMT
(CNN) — Las autoridades de Brasil informaron que el número de muertos por el ciclón aumentó a por lo menos 27 personas en los estados de Rio Grande do Sul y Santa Catarina.Según el Ministerio de Desarrollo Social (MDS), al menos 50 municipios de los dos estados del sur se han visto afectados, y la ciudad de Muçum, en Rio Grande do Sul, tiene el 80% de sus estructuras bajo el agua.Trayectoria del huracán Jova: a dónde se dirige y qué estados y países amenazaEl MDS indicó que una delegación del Gobierno federal visitará la zona este miércoles. Añadió que la tormenta seguirá afectando a la región el resto de la semana.Este miércoles, el servicio regional de defensa civil emitió una alerta de inundaciones en torno al río Jacuí y el delta del Jacuí.¿Hacia dónde se dirige la tormenta tropical Lee y qué islas del Caribe impactaría?“La situación es crítica”, dijo el ministro del MDS, Wellington Dias, en X. Añadió que, junto con otros departamentos, el MDS ha estado “...Doug Ford accepts Steve Clark’s resignation, announces review but allows Greenbelt development to proceed
Published Wed, 27 Nov 2024 11:56:30 GMT
By: Rachel Morgan, Local Journalism Initiative ReporterFollowing Steve Clark’s resignation Monday as Ontario’s housing minister, opposition parties and environmental advocacy organizations sounded the alarm: The move, they warn, should not distract from Doug Ford’s behaviour and his failure to protect the Greenbelt.The embattled premier on Tuesday said his government will review all Greenbelt land proposals, but simultaneously refused to stop development processes from moving forward. His latest reaction to the province-wide backlash over his decision to open 7,400 acres of the Greenbelt for sprawling subdivisions has left critics questioning the value of the promised review, if Ford won’t halt all work that would lead to the bulldozing of formerly protected Greenbelt lands. He continues to fail, they say, to take any concrete action on the dubious process that led to the removal of 15 parcels of land from the Greenbelt, creating an estimated $8.3 billion of value for prominent deve...Tiny home builder who owes $6M spent lavishly before bankruptcy, federal report says
Published Wed, 27 Nov 2024 11:56:30 GMT
DENVER (KDVR) -- An Englewood man who owes 189 home buyers $6 million for tiny homes they never received, spent money in some very curious ways according to a trustee assigned by the U.S. Bankruptcy Court in Denver.Matthew Sowash, the man behind Holy Ground Tiny Homes and Revelations in Christ Ministries filed bankruptcy on Oct. 7, 2022. From October: Tiny home builder under criminal investigation, declares bankruptcy Numerous customers told the Problem Solvers they paid for tiny homes they never received.An 81-page report filed Friday found the non-profit spent more than $400,000 to purchase and repair race cars and other vehicles, plus more than $35,000 on real estate in Colorado and Alaska and $32,000 on meals.The purchases happened between October 2020 and August 2022, the same time the company was collecting deposits from tiny home buyers for homes that often were never delivered.In the first half of 2022, Holy Ground spent $55,000 on "extraordinary travel-related expenses" t...All clear given at South Plantation High School after bomb threat reported
Published Wed, 27 Nov 2024 11:56:30 GMT
An all clear was given after a bomb threat was reported at a South Florida school. Plantation Police and the Broward Sheriff’s Office Bomb Squad arrived at South Plantation High School, located at 1300 SW 54th Ave., Wednesday afternoon.7Skyforce hovered over the scene were students and staff were evacuated to the school’s football field. Officers and deputies were seen going into the school as they checked rooms for any potential threats. https://twitter.com/PlantationPD/status/1699479952305848449?s=20The students were then moved to Heritage Park for dismissal. Parents were told to go into the first entrance of Heritage Park at Fig Tree Lane and Peters Road and go towards the back of the park at the roundabout to pick up their children. https://twitter.com/plantationpd/status/1699496280580378724?s=46&t=NJAMcCre9kVljosLDT5I5QIn an abundance of caution, Plantation Park Elementary was placed on lockdown, which has since been lifted. Please check back on WS...Man accused of causing deadly crash on 79th Street Causeway appears in court
Published Wed, 27 Nov 2024 11:56:30 GMT
A man accused of causing a deadly crash faced a judge.Alejandro Hall was ordered not to drive if he posts his $80,000 bond, Wednesday. The 24-year-old was charged with vehicular homicide and driving without a license.According to police, Hall slammed his Lamborghini into another car Monday night, which ejected the victim inside.The crash was so violent that it shut down the eastbound lanes of the 79th Street Causeway in Miami for hours.Officials said speed and alcohol may have been factors that lead to the incident.Lawrence man drowns at Hampton Beach
Published Wed, 27 Nov 2024 11:56:30 GMT
A 27-year-old Lawrence man died Tuesday after being pulled from the water at Hampton Beach in Hampton, New Hampshire, state police said.New Hampshire State Police in a statement said authorities responded to the beach after a call around 7:30 p.m. reporting a possible drowning. Police said the caller, who had been surfing in the area, found two swimmers yelling for help and brought one swimmer to shore. The other swimmer was still missing.State police said Hampton fire crews later found the second swimmer in the water and brought him to the beach. CPR was performed and the man was taken to a local hospital where he was pronounced dead, according to police. Police identified the man who died as Wandy Bethancourt-Adames, 27. Anyone with information on this incident is asked to contact New Hampshire State Police – Marine Patrol Sergeant Nicholas Haroutunian by phone at (603) 227-2112 or by email at [email protected].Georgia judge rules that Sidney Powell and Kenneth Chesebro can be tried together starting Oct. 23
Published Wed, 27 Nov 2024 11:56:30 GMT
By KATE BRUMBACK (Associated Press)ATLANTA (AP) — The judge overseeing the Georgia election subversion case involving former President Donald Trump on Wednesday denied requests by two of the 19 defendants to be tried alone, instead saying the pair would be tried together starting next month.Since lawyers Kenneth Chesebro and Sidney Powell have both filed speedy trial demands, Fulton County Superior Court Judge Scott McAfee said their trial would begin Oct. 23, but he seemed skeptical of prosecutors’ arguments that all 19 defendants could be tried together that soon.The hearing provided some insight into how the case could play out, with prosecutors estimating a trial would take four months and that they’d call more than 150 witnesses. It was also broadcast live on television and on the judge’s YouTube channel, a marked difference from the other three criminal cases against Trump, where cameras have not been allowed in the courtroom during proceedings. Special...Latest news
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