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Hundreds of apartments could sprout at a downtown Berkeley office site

Published Wed, 26 Feb 2025 08:46:37 GMT

BERKELEY — A veteran Bay Area real estate firm is eyeing a housing complex with hundreds of residences in downtown Berkeley that could rise on the site of an existing office building and parking lot, public documents show.An affiliate of srmErnst Development Partners owns the property for the proposed project at the corner of Milvia Street and Addison Street in downtown Berkeley, according to Alameda County real estate records.The project would be built at 2100 Milvia Street, Berkeley planning records show.The srmErnst Development firm is seeking approval to build 201 residences in an eight-story building on the site, according to the city documents.The real estate firm has requested a density bonus under SB 330 rules to build more units on the project than would generally be authorized.The proposed apartment building would also include ground-floor retail, the planing documents show.The office building site is occupied by a software company and an architectural firm, accordin...

Portugal officials: New search for missing UK toddler

Published Wed, 26 Feb 2025 08:46:37 GMT

Associated PressLISBON — Portuguese police have said they will resume searching for Madeleine McCann, the British toddler who disappeared in the country’s Algarve region in 2007, in the next few days.Portugal’s Judicial Police released a statement confirming local media reports that they would conduct the search at the request of the German authorities and in the presence of British officials.Earlier on Monday, police were seen erecting tents and cordons in an area by the Arade dam, about 50 kilometers (31 miles) from Praia da Luz, where the 3-year-old was last seen alive.British, Portuguese and German police are still piecing together what happened when the toddler disappeared from her bed in the southern Portuguese resort on May 3, 2007. She was in the same room as her 2-year-old twin brother and sister while her parents had dinner with friends at a nearby restaurant.In mid-2020, Germany’s police identified Christian Brueckner, a 45-year-old German citizen who wa...

Female fatally stabbed in East Oakland

Published Wed, 26 Feb 2025 08:46:37 GMT

OAKLAND — A female was fatally stabbed Monday afternoon inside an East Oakland residence, and a possible suspect was detained, authorities said.The name and age of the person killed were not immediately released.The stabbing was reported about 12:20 p.m. Monday at a residence in the 4500 block of Bancroft Avenue.Police found the female stabbing victim unconscious and bleeding inside the residence. She was pronounced dead at the scene.A person inside the residence was detained as a possible suspect, authorities said. No other information about that person was released.A motive for the stabbing is under investigation.Check back for updates on this developing story.

Two children swept away, found dead in Kings River

Published Wed, 26 Feb 2025 08:46:37 GMT

FRESNO COUNTY, Calif. (KSEE/KGPE/KRON) – The bodies of a four-year-old boy and his eight-year-old sister were found in the Kings River after the children were swept away.According to the Fresno County Sheriff's Office, a firefighter spotted the boy beneath the water and caught against a tree on Monday. The boy's body was two miles downstream from where the siblings entered the river.His sister's body was found on Sunday a fifth-of-a-mile downstream. “There was a family gathering of some sort," said Sheriff's Lt. Brandon Pursell. The family gathered somewhere they should not have been, he added. The brother, sister, and their mother were trying to climb a rock in the Kings River Sunday afternoon when the children were swept away by a strong current, the Sheriff's Office said. "This occurred after the children, their mother, and her adult friend entered the water off the shoreline about a mile down from Pine Flat Dam. The group was trying make their way out to a specific rock to climb...

Victim in San Jose wrong-way crash identified by family

Published Wed, 26 Feb 2025 08:46:37 GMT

(KRON) -- The victim in a deadly crash in San Jose on Sunday has been identified by his family, and information from police is shedding new light on how the crash unfolded. Two-alarm commercial fire sparks in Presidio Heights Jefferson Smith, 26, died at the scene of the crash. Smith's family says he is a native of San Jose del Guaviare in Colombia. He arrived in the United States only three months ago "seeking to fulfill his dreams and the dreams of his loved ones," his family says. Now, his family is asking for donations to send Smith's body home to Colombia for a Christian burial. Photos from the scene of the crashThe crash happened around 1:30 p.m., when a man driving a white 2011 Toyota Corolla sedan entered the northbound lanes of Leigh Avenue heading the wrong way, according to the San Jose Police Department. The Corolla struck a 2012 Toyota Prius heading northbound at the intersection of Fruitdale Avenue, police said.KRON On is streaming now.embed-container { position: re...

San Francisco Mayor Breed pushing to end 'exclusionary' housing rules

Published Wed, 26 Feb 2025 08:46:37 GMT

SAN FRANCISCO (KRON) -- San Francisco Mayor London Breed announced new legislation Monday that will make it easier to build new housing along commercial corridors and the Westside of the city.The tech-centric city is grappling with a large number of empty commercial buildings while tech workers continue working remotely and large retailers close up shop. At the same time, the city has sky-high rent prices, a housing stock shortage, a homeless crisis, and a public image problem.The Mayor's Office is trying to cut back red tape that blocked home builders for decades. By eliminating arbitrary residential density limits in mixed-use commercial districts, Breed said her proposal will create new housing in neighborhoods across the city."These arbitrary restrictions are hurting our ability to meet the housing needs of our city. Housing for All requires us to get to the heart of everything that is slowing and stopping housing in the city," Breed said.The legislation announced Monday is part...

AP PHOTOS: Ukraine insists battle for Bakhmut is not over

Published Wed, 26 Feb 2025 08:46:37 GMT

Despite Russian claims to have captured the Ukrainian city of Bakhmut, top military leaders in Ukraine insist the grinding nine-month battle there is not over.Although Ukraine now controls only a small part of the city, Kyiv says its troops played a key role in the strategy of exhausting Russian forces and will carry on fighting. Tens of thousands of soldiers on both sides have died.Satellite imagery shows infrastructure, apartment blocks and buildings reduced to rubble from relentless artillery attacks.A Russian state TV report from the smoldering city showed Russian fighters yelling “Victory!” and placing two flags — the Russian tricolor and the black flag of the private military contractor Wagner — atop a tall, partly destroyed building.The flags were mounted “so that everyone could see them,” the correspondent said, even though the bombed-out, deserted 400-year-old city looks like a ghost of itself after the longest and bloodiest battle of the war.For Ukraine, the important fact...

Remark Holdings: Q1 Earnings Snapshot

Published Wed, 26 Feb 2025 08:46:37 GMT

LAS VEGAS (AP) — LAS VEGAS (AP) — Remark Holdings, Inc. (MARK) on Monday reported a loss of $8.2 million in its first quarter.On a per-share basis, the Las Vegas-based company said it had a loss of 63 cents.The global digital media company posted revenue of $826,000 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 MARK at https://www.zacks.com/ap/MARKSource

Stock market today: Stocks are mixed as Wall Street waits to hear on Washington

Published Wed, 26 Feb 2025 08:46:37 GMT

NEW YORK (AP) — Stocks drifted to a mixed finish Monday, as Wall Street waited for the results of a pivotal meeting meant to avoid a potentially disastrous default on the U.S. government’s debt.The S&P 500 was at a virtual standstill after flipping between small gains and losses through the day. It edged up by 0.65, or less than 0.1%, to 4,192.63. The Dow Jones Industrial Average fell 140.05 points, or 0.4%, to 33,286.58, and the Nasdaq composite rose 62.88, or 0.5%, to 12,720.78.The stock market is near its highest level since August, but it’s been mostly remaining within a tight range for weeks as several big worries weigh. The biggest near-term risk is the possibility of a U.S. default, something that could occur as soon as June 1.That’s when Washington could run out of cash to pay its bills, unless Congress allows it to borrow more. Because Treasurys are seen as the safest investment on Earth, economists and investors say a default would likely trigger a recession for ...

Business Highlights: Debt crisis roils Washington; Meta fined record $1.3 billion by EU

Published Wed, 26 Feb 2025 08:46:37 GMT

___ What it would mean for the global economy if the US defaults on its debtWASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world. Orders for Chinese factories that sell electronics to the United States could dry up. Swiss investors who own U.S. Treasurys would suffer losses. Sri Lankan companies could no longer deploy dollars as an alternative to their own dodgy currency. Moody’s Analytics has concluded that even if the debt limit were breached for no more than week, the U.S. economy would weaken so much, so fast, as to wipe out 1.5 million jobs.___Meta fined record $1.3 billion and ordered to stop sending European user data to USLONDON (AP) — The European Union has slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring users’ personal...