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Disney to invest close to $60B to expand its parks and cruises

Published Sat, 22 Feb 2025 04:58:48 GMT

The Walt Disney Co. is nearly doubling its investment in its parks and cruise lines. That's what the company laid out in its securities filing on Tuesday morning for its Disney Parks, Experiences and Products branch.In the filing, it was revealed the company is set to spend $60 billion over the course of 10 years "by investing in expanding and enhancing domestic and international parks and cruise line capacity, prioritizing projects anticipated to generate strong returns, consistent with the Company’s continuing approach to allocate capital in a disciplined and balanced manner."This is the latest in money moves from the company.The Cinderella Castle is seen at the Magic Kingdom at Walt Disney World, July 14, 2023, in Lake Buena Vista, Fla. (AP Photo/John Raoux, File)Just last week, Disney was in "exploratory talks" about selling its ABC network and television stations, possibly to KTLA parent company Nexstar, Bloomberg reported.According to The Hollywood Reporter, the company held ...

Kevin Costner’s estranged wife gives up fight; warring couple settle divorce: report

Published Sat, 22 Feb 2025 04:58:48 GMT

After losing key court rulings all summer in her highly contentious split from Kevin Costner, Christine Baumgartner has reportedly agreed to give her her effort to challenge their prenuptial agreement and to settle their divorce.“In what may be the most shocking turn of events this year,” the divorce war between Costner and Baumgartner is over because the warring ex-spouses have agreed to settle, TMZ reported Tuesday.Yes, Baumgartner’s surrender may be “shocking,” but it wasn’t improbable,TMZ said, considering that Costner’s legal team had already won a series of legal skirmishes, particularly when it came to child support.The former model and handbag designer demanded a whopping $248,000 a month in child support, saying such an amount was necessary to maintain their three children in the luxury lifestyle to which they had become accustomed. Costner’s team, headed by top celebrity divorce attorney Laura Wasser, pushed back, saying that...

Los Gatos residents get to know the people in their neighborhood

Published Sat, 22 Feb 2025 04:58:48 GMT

The annual Cancer CAREpoint Garden Party was held last month at Nestldown thanks to Mark and Barbara Beck, who provided the venue. “I am overwhelmed with gratitude for all: the Becks, our volunteers who created a fabulous event and our sponsors and supporters who generously gave over $1.1M to care for cancer patients, survivors, family members and caregivers in our community,” executive director Dawn Hogh said. “As Ruth (Slyngstad) so eloquently shared, you have given the gift of time to people impacted by cancer, and we are so grateful for your support. No one should face cancer alone.” Cancer CAREpoint provides personalized support services and programs for anyone impacted by cancer in the Bay Area. Slyngstad spoke of her cancer battle and about being grateful for the support of family, friends and Cancer CAREpoint. www.cancercarepoint.orgThere’s nothing like a block party to get to know your neighbors. For the past 25 years (with a timeout for the pandemic), folks on Matilija Dri...

California homebuying pace plunges 32% to a record low

Published Sat, 22 Feb 2025 04:58:48 GMT

Soaring mortgage rates have iced California homebuying to a record low.Look at what my trusty spreadsheet found when peeking at stats tracking August purchases and pricing for single-family existing homes from the California Association of Realtors. The Federal Reserve’s inflation battle – using high interest rates as the cooling agent – plus stubborn pricing is scaring off numerous house hunters.California houses were bought at an average 271,800-a-year pace during the 12 months ended in August. How listless has this lengthy slump been?Sales are off 32% vs. the previous 12-month period.It’s 38% below the 33-year average.It’s the slowest 12 months of homebuying in a database that dates to January 1990.This breaks the previous low set in the early days of the Great Recession in April 2008. Yes, THAT slow!This past year’s sales drop hit every corner of the state with near conformity. Southern California buying is off 33% followed by the Bay Area, Central Valley and Central Coast, all ...

Heisman Watch: Penix, Sanders surge in our breakdown of the top Pac-12 candidates

Published Sat, 22 Feb 2025 04:58:48 GMT

Welcome to our weekly look at the Pac-12’s leading Heisman Trophy candidates via a power ranking of the top players in the conference. Consider this one Heisman voter’s view of the conference hierarchy, which is packed with contenders for the first time in forever.The rankings are based on a subjective assessment of individual performance, value to the team and quality of competition. And yes, we consider defensive players.Three games down, and Michael Penix Jr.’s pursuit of the Heisman Trophy is unfolding exactly as Washington hoped, with as many boxes checked as touchdowns thrown.Here we go:— Big wins and gaudy stats? Check.The Huskies are 3-0, ranked No. 8 in the Associated Press poll and rapidly amassing media attention. (UW is No. 1 in the Yahoo! and ESPN rankings this week.) Meanwhile, Penix leads the nation in passing yards (444 per game) and is second in touchdowns.— Brilliance on big stages? Check.Washington just ventured into Big Ten territory and blasted...

Sexual harassment lawsuit against California Treasurer Fiona Ma by employee she fired will go to trial

Published Sat, 22 Feb 2025 04:58:48 GMT

By OLGA R. RODRIGUEZ | Associated Press SAN FRANCISCO  — A civil lawsuit brought against California Treasurer Fiona Ma by a high-ranking former employee who alleges Ma made sexual advances toward her before firing her can go to trial, a judge ruled Thursday.Judith Blackwell, the former head of the California Tax Credit Allocation Committee, alleged sexual harassment, racial discrimination and wrongful termination in the lawsuit, which was filed in July 2021, six months after she was fired. Ma has said the allegations are without merit and filed a motion to dismiss the case.The lawsuit alleged that Ma often rented hotel rooms and a home in Sacramento for staff to stay in after working late. Blackwell said that while sharing rooms, Ma called her into her bedroom several times, exposed her nude backside and climbed into Blackwell’s bed with her at least once.Ma’s motion for dismissal said the incidents were not sexual in nature and instead typical of what happens when people share a li...

Tip jar thief attempted to carjack vehicles before arrest: Benicia police

Published Sat, 22 Feb 2025 04:58:48 GMT

(KRON) -- A man who allegedly stole a coffee shop tip jar in Benicia Monday morning before attempting to carjack two vehicles has been arrested, the Benicia Police Department said.Benicia police officers responded to a report of a man stealing a tip jar from a coffee shop at Solano Square before breaking it and fleeing. Around 45 minutes later, police were dispatched to the area of Military West and Interstate 780 on a report of a man jumping in front of a moving vehicle in an attempted carjacking.The suspect allegedly banged on the window of the car and told the driver to get out. The driver was able to speed away safely, authorities said. Another driver also reported a man on Military West attempted to force their vehicle door open, damaging the side mirror. That motorist was also able to drive away from the suspect. Ex-Oakland police chief Armstrong says he is ‘vindicated,’ deserves job back A man matching the descriptions of the suspect was located by police officers on the Co...

Thousands of California inflation relief payments being sent this month, state says

Published Sat, 22 Feb 2025 04:58:48 GMT

(NEXSTAR) – A few thousand Californians will be surprised this month when they receive a debit card loaded with hundreds of dollars in the mail. It's not a scam or a prize – it's the Middle Class Tax Refund arriving a bit behind schedule. The Middle Class Tax Refund, often referred to as an "inflation relief" payment, started going out to millions of eligible taxpayers nearly a year ago. Most people who qualify have already received a direct deposit or debit card. However, approximately 5,000 payments that never got sent out are still being processed through the end of September 2023, the Franchise Tax Board said. Some California inflation relief checks still haven’t been sent: Is yours missing? "FTB plans to finish processing all new payments (for people who had never been issued a payment before) by the end of this month," an agency spokesperson told Nexstar. After this month, there could be "occasional cases" where payments are reissued – for example, if someone reports a debi...

Oakland firefighters battling residential structure blaze in hoover-foster neighborhood

Published Sat, 22 Feb 2025 04:58:48 GMT

(BCN) -- Oakland firefighters are battling a residential structure fire in the city's Hoover-Foster neighborhood Tuesday morning, according to city fire officials. Ex-Oakland police chief Armstrong says he is ‘vindicated,’ deserves job back The fire occurred at a two-story residential building in the area of San Pablo and Mead avenues, Oakland firefighters said on social media around 5:45 a.m. Tuesday. Firefighters said the fire caused a partial collapse in the rear of the building. Copyright © 2023 Bay City News, Inc.

Polish soccer federation president to announce new coach on Wednesday after firing Santos

Published Sat, 22 Feb 2025 04:58:48 GMT

WARSAW, Poland (AP) — Polish soccer federation president Cezary Kulesza says he’s chosen the new national team coach and will reveal the name on Wednesday. Portuguese Fernando Santos was fired last week with Poland fourth in its five-team European Championship qualifying group. Local media and some federation officials have focused on Marek Papszun — whose team Rakow Czestochowa became Polish champions for the first time last season — and Poland under-21 coach Michal Probierz as candidates for the job. Both are Polish. Former Poland forward Jan Urban has also been mentioned. Speaking to the meczyki.pl news portal, Kulesza only said that he has made his choice. Some more talks are being held on Tuesday, according to media reports. Santos, who led his native Portugal to the Euro 2016 title, was fired after almost nine months in the job. Poland is behind leader Albania, Czech Republic and Moldova in its qualifying group after losing three of its five games so far, despite three g...