Home

How WeWork’s bankruptcy could have a painful effect on cities

Published Sat, 22 Feb 2025 04:09:30 GMT

New York (CNN) — America has a glut of empty offices.Now, some offices face losing WeWork, which has more than 600 locations in major cities.WeWork filed for Chapter 11 bankruptcy Monday, throwing the future of the real estate company up in the air. WeWork said it would terminate some of its US leases.WeWork’s bankruptcy will increase financial stress on commercial landlords that have rented large chunks of their office buildings to the co-working company.Office landlords for years rushed to rent out space to WeWork, viewing flexible office spaces as the future of office life. But these bets have soured, and some property owners have taken on debt to stay afloat. About $270 billion in commercial real estate loans held by banks will come due in 2023, according to Trepp, a commercial real estate data provider.The loss of WeWork will increase vacancies, might lower rent for tenants, meaning less cash for some landlords already struggling to make debt payments in a high i...

Where does Patriots’ Tyquan Thornton go from here after Week 9 benching?

Published Sat, 22 Feb 2025 04:09:30 GMT

With Kendrick Bourne on injured reserve, DeVante Parker out with a concussion and JuJu Smith-Schuster recently demoted, second-year pro Tyquan Thornton had a golden opportunity to ascend up the Patriots’ wide receiver depth chart and carve out a starting role in the offense Sunday.Instead, Thornton, who came into the game questionable with a toe injury, was benched early in the second quarter after catching one pass on four targets for 7 yards through the first 19 minutes of the 20-17 loss. Head coach Bill Belichick said Monday morning that Thornton was available in the final two and a half quarters.Related ArticlesNew England Patriots | Patriots add wide receiver depth with positional group struggling New England Patriots | Patriots-Commanders film review: The Patriots are risking becoming the NFL’s worst team New England Patriots | Patriots work out two free agents after Week 9 loss to Commanders New England Patriots | ...

Top House Democrats propose $250M to respond to Massachusetts migrant influx

Published Sat, 22 Feb 2025 04:09:30 GMT

Top House Democrats proposed spending $250 million to support Massachusetts’ response to an influx of migrants and the creation of an overflow site for families who are placed on a waitlist for emergency shelter once the emergency shelter system hits capacity.House budget writers were in the process of advancing Tuesday morning a $2.7 billion supplemental budget that included hundreds of millions for the “ongoing humanitarian crisis.” The House plans to vote on the bill during a Wednesday formal session.The migrant-related dollars matched a funding request Gov. Maura Healey made earlier this year but differed on the details.The proposal includes more stipulations on specific spending items and even the potential to delay a cap on the number of families in emergency shelters the Healey administration put in place if an overflow site is not created.House lawmakers include $50 million to create the emergency shelter overflow site for families who are on a waitlist as a result of the sy...

Dan Rodricks: Why do the Orioles and Ravens need $1.2 billion in stadium improvements? | STAFF COMMENTARY

Published Sat, 22 Feb 2025 04:09:30 GMT

On the first day of October, Matt Williams, the co-founder and sales director of Mount Royal Soaps in Baltimore, asked me why the Ravens and Orioles needed $600 million each to improve the stadiums where the teams play.“What is wrong with how the stadiums are now?” Williams wondered in an email. “I go to games at both stadiums all year, and the experience is always amazing.”The soap man has a point. I mean, $1.2 billion is a lot of green, and these publicly owned stadiums are not that old. Oriole Park opened in 1992, M&T Bank Stadium in 1998. I have cookie sheets older than that.Obviously, there can be unforeseeable expenses in the upkeep of sports stadiums used over years by millions of football, baseball, soccer and rock fans.But $1.2 billion? How did the Maryland General Assembly, in authorizing the Maryland Stadium Authority to borrow that amount, arrive at that figure? And what will it be used for?Some of this information has already trickled out.In ...

Patriots coach trying to change the ‘narrative’ on apparent cornerback benchings

Published Sat, 22 Feb 2025 04:09:30 GMT

Hopes were high for the Patriots’ secondary in recent weeks with their top three cornerbacks finally healthy, but things have not gone according to plan.For a number of different reasons, Jonathan Jones, Jack Jones and J.C. Jackson have all shared the field on just two plays this season. It didn’t help in Sunday’s loss to the Commanders that Jackson and Jack Jones were seemingly benched for the start of the game.Shaun Wade, who hadn’t played since Week 6, started in place of Jackson, who joined the team via trade from the Chargers ahead of Week 5, and Jack Jones, who missed the first six weeks of the season due to injury. Jackson didn’t enter the game until the third defensive series. Jack Jones didn’t play until the second quarter.Related ArticlesNew England Patriots | Patriots add wide receiver depth with positional group struggling New England Patriots | Patriots-Commanders film review: The Patriots are risking becoming the NFL’s worst team N...

Medical debt is disappearing from Americans’ credit reports, lifting scores

Published Sat, 22 Feb 2025 04:09:30 GMT

Noam N. Levey | KFF Health News (TNS)The share of American consumers with medical debt on their credit reports has declined dramatically over the past year as major credit rating agencies removed small unpaid bills and debts that were less than a year old, according to a new analysis from the nonprofit Urban Institute.At the same time, millions of Americans have seen their credit scores improve, making it easier for many to get a job, rent an apartment, or get a car.“This is a very significant change,” said Breno Braga, an economist at the Urban Institute and a co-author of the study. “It affects a lot of people.”The analysis found that, as of August, just 5% of adults with a credit report had a medical debt on their report, down from almost 14% two years earlier.Urban Institute researchers also found that Americans with a medical debt on their credit report in August 2022 saw their VantageScore credit score improve over the next year from an average of 585 to an average of 615.That...

It’s Election Day. Here is what you need to know

Published Sat, 22 Feb 2025 04:09:30 GMT

By The Associated PressThough its an off-year general election, races across the country will have far-reaching implications for 2024 and beyond. For example, there are two races that will determine state governors. Other races will provide insight into how abortion rights are shaping American politics. Some contests, such as Pennsylvania’s Supreme Court race, could play a significant role in voting-related cases during the 2024 presidential campaign. There could also be some historic firsts, as in Rhode Island, which could elect its first Black representative to Congress. Here is what you need to know as you cast your vote. Your polling place depends on where you live. You can find your polling place by checking your voter registration. Here’s a helpful tool from the National Associations of Secretaries of State that can help you find your polling location. Kentucky governor’s race Voters in Kentucky are deciding whether to give a secon...

Drugs aren’t required to be tested in people who are obese. Here’s why that’s a problem

Published Sat, 22 Feb 2025 04:09:30 GMT

By JONEL ALECCIA (AP Health Writer)More than 40% of American adults are considered obese, yet the medications many take are rarely tested in bigger bodies. That’s because they are not required to be included in drug studies. And often, they’re explicitly excluded.“Clinical trials and dosing instructions don’t always ensure that drugs will be safe and effective for people with obesity,” said Christina Chow, a drug researcher who’s reported on the challenges of considering obesity in drug development. “There’s no real emphasis for them to be studied at all.”Many widely prescribed drugs and over-the-counter medications work differently in people who are obese, but exactly how and at what dose often isn’t clear. Research suggests that may include antibiotics and antifungal drugs used to treat serious infections, synthetic hormones used in Plan B emergency contraception and even ibuprofen, the common painkiller sold as Advil. Th...

Ex-gang leader gets June date for Vegas murder trial stemming from 1996 killing of Tupac Shakur

Published Sat, 22 Feb 2025 04:09:30 GMT

By KEN RITTER (Associated Press)LAS VEGAS (AP) — A Nevada judge set a June 3 date for the murder trial of a former Southern California street gang leader who has become the only person ever charged in the 1996 killing of hip-hop music icon Tupac Shakur in Las Vegas. Duane “Keffe D” Davis made a brief court appearance in shackles Tuesday and spoke quietly with two court-appointed attorneys who were named to his case before he pleaded not guilty last Thursday.Davis remains jailed in Las Vegas.His public defenders, Charles Cano and Robert Arroyo, said they intend to file documents seeking his release on bail ahead of trial. The attorneys declined outside court to comment about the case, saying they have not yet had time to examine what prosecutor Marc DiGiacomo termed “voluminous” evidence.Davis, 60, is originally from Compton, California. He was arrested Sept. 29 outside a Las Vegas-area home where police served a search warrant July 17.Davis said publicl...

Residential school records released day before archbishop testifies at Senate

Published Sat, 22 Feb 2025 04:09:30 GMT

OTTAWA — A Catholic archdiocese that includes parts of Manitoba, Saskatchewan and Ontario released long-awaited residential schools records this week.The news comes as religious leaders face accusations they are keeping information about the largely church-run institutions secret.Archbishop Murray Chatlain says the Keewatin-Le Pas archdiocese gave the documents to the Winnipeg-based National Centre for Truth and Reconciliation on Monday.That was one day before his testimony at a Senate committee that is studying the withholding of records.Chatlain says an archdiocese staff member found a box of files containing some residential school lists in 2021, and they agreed to digitize the records in consultation with the national centre.But he says copies had been shared only with a local historical society to date, and the records didn’t make their way to the centre until Monday.A report from Kimberly Murray, Ottawa’s special interlocutor for missing children and unmarked grave...