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Spinach farm owner charged for worker's strangulation death

Published Mon, 23 Dec 2024 20:04:16 GMT

(KRON) -- A farm owner was charged with involuntary manslaughter after his worker was killed while servicing a 16,000-pound spinach harvester, prosecutors announced Wednesday. The Santa Clara County Grand Jury returned an indictment against a Watsonville-based company, Willoughby Farms in Santa Cruz County and its owner, for causing the death of Carlos Jimenez Cruz. Just before sunrise on October 15, 2020, the 32-year-old victim was strangled to death when the hood on his clothing was caught in a spinning shaft on the machine, the District Attorney's Office stated.David Willoughby, 50, the president of Willoughby Farms, Inc. was arraigned Tuesday on felony charges.  The corporation will be arraigned Wednesday. The allegations include failing to provide adequate training to employees and failing to cover "dangerous parts of the machine, causing the death of Mr. Cruz," prosecutors wrote. The maximum sentence for involuntary manslaughter is four years in prison. Willoughby Farms faces ...

Firefighters on scene of 2-alarm structure fire in San Leandro

Published Mon, 23 Dec 2024 20:04:16 GMT

(KRON) -- Firefighters are on the scene of a two-alarm fire at a commercial building in San Leandro, according to the Alameda County Fire Department. The building is located at East 14th Street and 136th Avenue. Dorsey’s Block, formerly Square, to slash 1,000 jobs There are no reports of any injuries. Alameda County FD says it will provide more information soon.Video from the scene shows a large amount of smoke billowing from a building surrounded by fire vehicles and other first responders.This is a developing story. Check back for updates.

Al Jazeera Censors Video of Critic Who Said Saudi–Israel Normalization Would Be “Suicide” for MBS

Published Mon, 23 Dec 2024 20:04:16 GMT

Al Jazeera English quietly removed an episode of its current affairs show from YouTube, in which one guest said it would be political “suicide” for Saudi Crown Prince Mohammed bin Salman to normalize relations with Israel amid its war on Gaza. “He would not probably survive as the future king of Saudi Arabia, if he goes ahead and normalizes in this context of war,” said Madawi Al-Rasheed, a visiting professor at the London School of Economics’ Middle East Center, during an interview last week on Al Jazeera English’s “UpFront.” She was invited onto the show, hosted by Marc Lamont Hill, to discuss the risks of escalation in the Middle East amid Israel’s ongoing siege and bombing campaign of Gaza. Al Jazeera English posted the episode online and promoted it on social media, directing users to watch it on YouTube (such tweets are still live). The YouTube link, however, no longer works; the video is marked as “unavailable” and “private.” The episode no longer ...

PDF Solutions: Q3 Earnings Snapshot

Published Mon, 23 Dec 2024 20:04:16 GMT

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — PDF Solutions Inc. (PDFS) on Wednesday reported a loss of $5 million in its third quarter.The Santa Clara, California-based company said it had a loss of 13 cents per share. Earnings, adjusted for stock option expense and pretax expenses, were 20 cents per share.The provider of software and services for semiconductor makers posted revenue of $42.4 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 PDFS at https://www.zacks.com/ap/PDFSSource

How major US stock indexes fared Wednesday, 11/8/2023

Published Mon, 23 Dec 2024 20:04:16 GMT

Stocks drifted to another mixed close as Wall Street continues to recalibrate following its sharp recent swings. The S&P 500 edged up 0.1% Wednesday, its third straight day of quiet trading. The Dow slipped 40 points, and the Nasdaq composite rose 0.1%. Eli Lilly jumped after getting U.S. approval for a weight-loss drug, while Warner Brothers Discovery sank after reporting a worse loss for the last quarter than expected. The 10-year Treasury yield eased, which helped to calm financial markets broadly. Crude oil prices continued to slump further and are back to where they were in July.On Wednesday:The S&P 500 rose 4.40 points, or 0.1%, to 4,382.78.The Dow Jones Industrial Average fell 40.33 points, or 0.1%, to 34,112.27.The Nasdaq composite rose 10.56 points, or 0.1%, to 13,650.41.The Russell 2000 index of smaller companies fell 19.08 points, or 1.1% to 1,714.07.For the week:The S&P 500 is up 24.44 points, or 0.6%.The Dow is up 50.95 points, or 0.1%.The Nasdaq is up 172.1...

Beyond Meat revenue falls as rising demand in Europe can’t overcome plummeting US sales

Published Mon, 23 Dec 2024 20:04:16 GMT

Beyond Meat’s revenue fell nearly 9% in the third quarter as higher sales of its plant-based meat in Europe failed to make up for plummeting demand in the U.S.Beyond Meat on Wednesday reported revenue of $75.3 million for the July-September period. That was far short of the $86.5 million Wall Street had anticipated, according to analysts polled by FactSet.Beyond Meat cut its third-quarter and full-year revenue forecast last week, saying an anticipated rebound in plant-based meat sales during the quarter didn’t occur. The company said it would cut 65 non-production jobs — about 19% of its workforce — and conduct a broader review of its operations.U.S. demand for plant-based meat has plunged this year, partly due to consumer perceptions that the products are overly processed, unhealthy and too expensive. U.S. retail dollar sales of fresh meat alternatives, like sausage and burgers, were down 21.5% this year through Oct. 8, according to Circana, a market research firm. Frozen pla...

Diodes: Q3 Earnings Snapshot

Published Mon, 23 Dec 2024 20:04:16 GMT

PLANO, Texas (AP) — PLANO, Texas (AP) — Diodes Inc. (DIOD) on Wednesday reported net income of $48.7 million in its third quarter.The Plano, Texas-based company said it had profit of $1.05 per share. Earnings, adjusted for one-time gains and costs, were $1.13 per share.The semiconductor components maker posted revenue of $404.6 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 DIOD at https://www.zacks.com/ap/DIODSource

Rashford’s red card in Champions League adds to turbulent period for Man United forward

Published Mon, 23 Dec 2024 20:04:16 GMT

COPENHAGEN (AP) — Marcus Rashford’s difficult start to the season at Manchester United just got a bit tougher.The England forward was shown a straight red card in the 42nd minute of United’s match at FC Copenhagen in the Champions League on Wednesday for stamping on opponent Elias Jelert.Rashford appeared to be trying to shield the ball but landed his studs on Jelert’s left ankle. Rashford threw his hands up in disgust when the red card was brandished.United was leading 2-0 at the time of Rashford’s sending-off at Parken Stadium but went into halftime 2-2 as the visitors struggled to cope with 10 men.Rashford has scored just one goal in all competitions this season, failing to replicate his form of last season.Off the field, he was reprimanded by United manager Erik ten Hag last week for his decision to go to a nightclub for a pre-arranged birthday party hours after a 3-0 loss to Manchester City. Ten Hag said Rashford’s conduct was “unacceptable” and the player had apologized.Rashfo...

BlackRock Kelso: Q3 Earnings Snapshot

Published Mon, 23 Dec 2024 20:04:16 GMT

NEW YORK (AP) — NEW YORK (AP) — BlackRock Kelso Capital Corp. (BKCC) on Wednesday reported third-quarter profit of $10.8 million.The New York-based company said it had net income of 15 cents per share. Earnings, adjusted for investment gains, came to 13 cents per share.The closed-end investment company posted revenue of $21.3 million in the period.In the final minutes of trading on Wednesday, the company’s shares hit $3.57. A year ago, they were trading at $3.90._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BKCC at https://www.zacks.com/ap/BKCCSource

Helmerich & Payne: Fiscal Q4 Earnings Snapshot

Published Mon, 23 Dec 2024 20:04:16 GMT

TULSA, Okla. (AP) — TULSA, Okla. (AP) — Helmerich & Payne Inc. (HP) on Wednesday reported fiscal fourth-quarter earnings of $77.6 million.On a per-share basis, the Tulsa, Oklahoma-based company said it had net income of 77 cents. Earnings, adjusted for non-recurring gains, came to 69 cents per share.The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.The oil and gas well-drilling contractor posted revenue of $659.6 million in the period, which also missed Street forecasts. Seven analysts surveyed by Zacks expected $660 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HP at https://www.zacks.com/ap/HPSource