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Tupperware shares are up 850%. Stay away from them

Published Sat, 28 Dec 2024 12:28:13 GMT

Since mid-July, shares of Tupperware -- yes, that Tupperware -- have soared by about 850%. On Friday, they climbed another 35%.What the heck is happening?And should you seek a piece of the action?Let's answer that second question first: No. Hard no. Keep your distance.As for the first question, Tupperware declared a few months ago that it might go out of business. The company carries lots of debt, is running out of cash and faces plenty of competition on the food-storage front.That was good enough for self-serving online traders, who promptly made Tupperware the latest "meme stock."A meme stock is one that takes off like a rocket as skeevy investors run a pump-and-dump scheme to boost a stock's price and then unload their holdings on unsuspecting latecomers.Tupperware is getting that treatment.The meme element notwithstanding, this remains a business in distress. Even though the company this week announced moves to restructure its debt, its long-term prospects remain unchanged.Moreo...

Deadly flooding worsens in China as rescues intensify

Published Sat, 28 Dec 2024 12:28:13 GMT

Associated PressBEIJING — Thousands of people threatened by storm-swollen rivers were evacuated in China’s northeast on Friday while areas on the outskirts of Beijing cleared debris from flooding that wrecked roads, knocked out power and left neighborhoods in shambles.China is struggling with record-breaking rains in some areas while others suffer scorching summer heat and drought that threatens crops. Flooding near Beijing and in neighboring Hebei province this week killed at least 22 people.Resident Xie Xin in the western outskirts of Beijing said the floodwaters had risen so fast that his family house was submerged in less than 10 minutes.“Objects can be replaced,” said Xie, 25, as he moved a desk. “But neighbors that have gone missing, this is what hits me the most.”In the northeast, some 54,000 people were forced out of their homes around Harbin, the biggest city in Heilongjiang province, the official Xinhua News Agency reported. It said rescue cre...

Sale closed in Palo Alto: $3.3 million for a five-bedroom home

Published Sat, 28 Dec 2024 12:28:13 GMT

1026 Metro Circle – Google Street ViewA spacious house located in the 1000 block of Metro Circle in Palo Alto has new owners. The 2,634-square-foot property, built in 1951, was sold on July 10, 2023, for $3,300,000, or $1,253 per square foot. This single-story house presents a roomy floor plan, featuring five bedrooms and three bathrooms. Additionally, the house features a one-car garage, offering a designated parking space and extra storage capacity. The property encompasses a generous 6,030 square feet of land, featuring abundant outdoor space and a pool.These nearby houses have also recently changed hands:On Moffett Circle, Palo Alto, in January 2023, a 1,676-square-foot home was sold for $2,580,000, a price per square foot of $1,539. The home has 4 bedrooms 1 bathroom.In April 2023, a 1,069-square-foot home on Amarillo Avenue in Palo Alto sold for $2,363,000, a price per square foot of $2,210. The home has 3 bedrooms 1 bathroom.A 1,663-square-foot home on the 2900 block of Otter...

Castro Valley: A grand opening for cream puff favorite Beard Papa’s

Published Sat, 28 Dec 2024 12:28:13 GMT

Beard Papa’s, maker of Japanese-style cream puffs, has found its way to Alameda County.The new Castro Valley Marketplace shop started filling crispy shells with that ethereal custard and whipped cream blend this week. On Saturday, Aug. 5, the official grand opening day festivities will start at 10 a.m. with gifts for the first 100 customers and promotions and gift card sweepstakes all day.Crowds flocked to San Francisco in 2006 when the Osaka-based franchise opened its first California cream puff kiosk at the Westfield Centre. Back then, the puffs created by founder Yuji Hirota — the white-bearded icon — came in only chocolate or vanilla. Today there are several shell flavors (Original, Chocolate Eclair, Green Tea Eclair, Honey Butter, Crispy Almond, Oreo Cookie Crumble Eclair, Strawberry Eclair and S’mores Eclair) and filling choices of chocolate, vanilla and green tea.(However, the Castro Valley selection will be limited on grand opening day and for a few weeks after t...

Family of 8-year-old Oakland freeway shooting victim says child is paralyzed

Published Sat, 28 Dec 2024 12:28:13 GMT

OAKLAND — The family of an 8-year-old boy who was gravely wounded in a July freeway shooting in Oakland say the child — “a fighter,” in their words — is paralyzed from the neck down and will require intensive medical services as his life goes forward, according to an online fundraising page.The GoFundMe page describes the child only by his first name, Asa, calling him a “soccer enthusiast, math wizard, and devoted brother and friend.” It is signed by “Asa’s Family.”In the account narrative, the family says that the boy’s spinal column in his neck was pierced by bullet and bone fragments.“Initially,” they write, “we had no idea if our sweet boy would live. But he is a fighter, and we have gotten and are getting the best possible medical care.“Two weeks later, Asa is not only alive, but he’s making us laugh, reading his favorite books and requesting songs by (rock group) Imagine Dragons. His intellect, his s...

San Jose: Two found dead at apartment after welfare check

Published Sat, 28 Dec 2024 12:28:13 GMT

SAN JOSE — Two people were found dead Friday morning in an apartment on Parkmoor Avenue, authorities said.Officers were called at 10:06 a.m. to the 1600 block of Parkmoor Avenue, the site of an apartment complex, after being asked to check on the welfare of someone who lived there, San Jose police wrote in a social media post.The Santa Clara County Medical Examiner-Coroner’s Office was summoned to examine the two people and decide a preliminary cause of death.“This is an active investigation. The circumstances surrounding this incident are unknown,” police wrote.Check back later for updates to this story.Related ArticlesCrime and Public Safety | Family of 8-year-old Oakland freeway shooting victim says child is paralyzed Crime and Public Safety | San Jose: Federal excessive force lawsuit from George Floyd protests is greenlit for trial Crime and Public Safety | Recent shooting outside Discovery Bay Safeway was gang-r...

Fire near Cal State East Bay in Hayward contained

Published Sat, 28 Dec 2024 12:28:13 GMT

HAYWARD, Calif. (KRON) -- Crews are responding to a fire Friday afternoon near Cal State East Bay's campus in Hayward, the Hayward Fire Department tweeted. The fire broke out right off the southwest portion of the campus on Westview Way and Harder Road.It is unknown at this time if operations at the college campus were affected by this fire. No other information was immediately available. KRON4 is sending a crew to the scene to gather more information.This is a developing story. Check back for updates as KRON4 learns more.

Road rage may have sparked early morning I-80 shooting in Richmond

Published Sat, 28 Dec 2024 12:28:13 GMT

(BCN) -- Road rage may have prompted a shooting early Friday morning on Interstate Highway 80 in Richmond, according to the California Highway Patrol.CHP officers were alerted at 1:25 a.m. to the shooting on westbound Highway 80 near Central Avenue.Bullets hit a gray Audi sedan and fortunately missed the person inside, CHP officials said. 533 suspected drug dealers arrested in San Francisco in 2023 Anyone with information about the case is asked to please call CHP Officer Montes at (510) 457-2875.Copyright © 2023 Bay City News, Inc.

Ex-Florida QB Jalen Kitna provides insight into now-dropped child porn charges

Published Sat, 28 Dec 2024 12:28:13 GMT

GAINESVILLE, Fla. (AP) — Former Florida quarterback Jalen Kitna is taking steps to clear his name and get another shot at playing football.Kitna, who was arrested last November on felony child pornography charges that were eventually dropped in a plea deal, released a lengthy statement Friday through a sports management company.The son of retired NFL quarterback Jon Kitna called the initial charges “not accurate,” said a forensic investigation found no inappropriate material on any of his electronic devices and added that he went through an extensive psychosexual evaluation that determined “I’m in the lowest possible percentile for likelihood to commit a crime.”“I understand that there are many who will never get past the original headlines, but for those who want to look at this objectively, I hope this will provide details to see the truth,” Kitna said. “I know with the continued love and support of those close to me — and hopefully some understanding by others — I’ll have a chanc...

“Te amaré por siempre”: el mensaje de Michelle a Barack Obama en su cumpleaños

Published Sat, 28 Dec 2024 12:28:13 GMT

WASHINGTON – La exprimera dama de Estados Unidos, Michelle Obama, felicitó este viernes a su esposo, el expresidente Barack Obama, por sus 62 años, en un mensaje en redes sociales en el que le declaró amor eterno.“Feliz cumpleaños a mi chico reflexivo favorito. Te amaré siempre, Brack Obama”, escribió junto a un emoji de una sonrisa con corazones.La exprimera dama, de 59 años, adjuntó una fotografía de Obama de vacaciones con rostro pensativo y unas gafas de sol en la mano.También el actual presidente, Joe Biden, deseó en redes sociales un “muy feliz cumpleaños” a Obama, a quien definió como su “hermano y amigo”. El primer ministro de Canadá y su esposa se separan tras 18 años de matrimonio Ricky Martin se separa: el boricua anuncia su divorcio tras 6 años de matrimonio El mandatario publicó una antigua fotografía de ambos sentados y sonriendo en un jardín cuando Biden era el vicepresident...