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Lordstown warns it may fail as investor Foxconn gets jumpy

Published Fri, 15 Nov 2024 01:14:23 GMT

Lordstown Motors warned Monday that it is in danger of failing as the electronics company Foxconn wavers on a $170 million investment in the commercial electric vehicle startup.The Ohio company said in a regulatory filing on Monday that Foxconn it had received notice from Foxconn on April 21 that it was in breach of their agreement because it had received a delisting warning from Nasdaq two days earlier. “As a result of these uncertainties, there is substantial doubt regarding our ability to continue as a going concern,” the company wrote. Lordstown is in danger of being delisted from the Nasdaq because it’s share price closed below $1 on March 7 and it has not recovered since. Foxconn told Lordstown that it may unwind the agreement if Lordstown did not resolve its listing issues. Shares of Lordstown Motors Corp., based in Lordstown, Ohio, tumbled 28% in midday trading on Monday, to 13 cents each. Shares traded for as much as $29 in 2020. Lordstown said it’s notified Fox...

DeSantis board approves suing Disney in latest tug-of-war

Published Fri, 15 Nov 2024 01:14:23 GMT

ORLANDO, Fla. (AP) — Days after Disney sued Florida’s governor in federal court for what it described as retaliation for opposing the state’s so-called “Don’t Say Gay” bill, members of Disney World’s governing board — made up of Gov. Ron DeSantis appointees — authorized a lawsuit Monday against the entertainment giant.Members of the Central Florida Tourism Oversight District voted unanimously to sue Disney in state court in the Orlando area, as well as defend itself in federal court in Tallahassee where the entertainment company filed its lawsuit last Wednesday.The Disney lawsuit against the governor, the board and its five members asks a judge to void the governor’s takeover of the theme park district previously controlled by Disney for 55 years. The oversight board’s lawsuit seeks to maintain its oversight of design and construction in the district that governs Disney World’s 25,000 acres after the previous Disney-controlled board signed o...

Review: Japan bestseller ‘Honeybees’ is an ode to creatives

Published Fri, 15 Nov 2024 01:14:23 GMT

“Honeybees and Distant Thunder” by Riku Onda (Pegasus Books)The Yoshigae music competition will never be the same after this year’s pianists push the boundaries of the art form, leaving judges to wonder if a particular contestant is a gift from the music gods or a ticking bomb.Riku Onda’s “Honeybees and Distant Thunder” is a meandering ode to music, to the artists who create it and the nature that inspires it. The novel pops between a slew of characters as they witness breathtaking performances and nervously wait for results at the end of each round, from a preliminary trial in Paris to the finals in Japan.Onda’s passion for music is immense and infectious, bursting out of each of her characters with their unique views of the craft.Competition judge Mieko has an anti-establishment rebellious streak in her. Juilliard student Masaru sees athleticism in piano playing. Former child prodigy Aya cherishes the musicality of nature. Akashi wants to prove that musical performance is fo...

Deal reached for most federal workers

Published Fri, 15 Nov 2024 01:14:23 GMT

The Public Service Alliance of Canada (PSAC) has announced that tentative agreements have been reached for over 120,000 Treasury Board workers who had been on strike all throughout last week. Members of the PA, SV, TC and EB bargaining groups were set to return to work Monday, with only workers at Canada Revenue Agency remaining on strike. PSAC says the wage increases secured are above the recommendations of the Public Interest Commission as well as those negotiated by other federal bargaining agents, with national president Chris Aylward saying they made important gains for members. “During a period of record-high inflation and soaring corporate profits, workers were told to accept less – but our members came together and fought for better,” said Aylward. “This agreement delivers important gains for our members that will set the bar for all workers in Canada.”Workers will receive wage increases totaling 12.6% compounded over the four year agreement, retroact...

You could drive around with these South Park, Star Wars-themed license plates

Published Fri, 15 Nov 2024 01:14:23 GMT

DENVER (KDVR) — You could drive around in style and show off your love for South Park and Star Wars with these one-of-a-kind license plates being auctioned off by the Colorado Department of Motor Vehicles.Thursday is May 4, or better known by Star Wars fans as "May the 4th," and the Colorado DMV is celebrating with a "May the 4th Be with You" auction event. Jurassic-themed license plate could end up on your car The DMV will be auctioning off 12 license plates that will surely put your car out of this galaxy.Here are the 12 plates:AKBARANAKINBOBACHEWYFETTMAY4THMRVADERMYXWINGOB1WANRED2REDFIVESTARWAREach plate will start at $100. Bidding will start on May 4 at 8 a.m. and will run through May 11 at 7 p.m.Not only is May known for Star Wars, but it is also the month in which Casa Bonita will be reopening, even though the official date has not been released. Casa Bonita wants you to share your memories However, in celebration of the reopening and the new owners, South Park creators Ma...

How much snow could Denver see in May?

Published Fri, 15 Nov 2024 01:14:23 GMT

DENVER (KDVR) -- Temperatures will be in the 70s for the Mile High City this week, so snow is probably the last thing on your mind. However, if history tells us anything, the snow might not be completely done.During May, Denver typically sees 1.7 inches of snowfall. In fact, the city received snow on May 21 last year and received a total of 2.3 inches during the month. Is it legal to have a tinted license plate cover in Colorado? How much snow has fallen so far this year?The last few months have brought below-average snowfall to Denver. In March, only 5.1 inches of snow were recorded at Denver International Airport. In April, only 2.2 inches fell.For the season, which runs from July to June, 48.9 inches of snow have been measured so far. 8 iconic restaurants only found in Colorado Last season, Denver received a total of 49.4 inches of total snowfall. That means Denver is currently 0.5 inch away from matching last season.Latest snowfalls for the last 10 years The average dat...

What are temperatures normally like in May?

Published Fri, 15 Nov 2024 01:14:23 GMT

DENVER (KDVR) -- The first week of May will bring temperatures in the 70s for the Denver metro area. Are temperatures in the 70s normal for this time of year? Is it legal to have a tinted license plate cover in Colorado? What is the average temperature in May?The National Weather Service said the normal high temperature during the month of May for Denver ranges from 65 degrees to start the month to 78 degrees by the end of the month.The average low temperature during this month starts at 38 degrees to start the month and will raise to 49 degrees by the end of the month.May temperature recordsThe record high temperature for Denver in May is 95 degrees, set on May 26, 1942, according to the NWS. Going to Elitch Gardens? Here’s everything to know The record low temperature in Denver in May is 19 degrees, set on May 3, 1907 and May 2, 2013.How much snow could Denver see this month?During May, Denver typically sees 1.7 inches of snowfall. In fact, the city received snow on May 21 la...

Golden Beach Police officer set to be released from hospital after being shot during Hollywood car theft chase

Published Fri, 15 Nov 2024 01:14:23 GMT

A Golden Beach Police officer is set to be released from the hospital Monday after he was shot during a car theft chase. The recovery process continues for Golden Beach Police Sgt. Joseph Bautista after he came under fire over the weekend.The suspects were caught and appeared in court Sunday.Jordan Christophe is facing several charges, which includes attempted felony murder.This all started early Saturday morning when police picked up on a stolen car.“Eastbound Sunny Isles Boulevard and Collins, units looking for a 2015 grey Nissan Altima,” an officer said on Broadcastify police scanner.A chase then started, with backup coming from different agencies that were involved.“The suspects bailed out of the car, and it was during that foot pursuit, that a Golden Beach sergeant was shot twice in the arm,” said Hollywood Police Spokeswoman Deanna Bettineschi.Police eventually captured the shooting suspect, Christophe, and another man, Marvens DeClasse, who’s bei...

Coast Guard rescues 3 men after boat sinks in Key West

Published Fri, 15 Nov 2024 01:14:23 GMT

KEY WEST, Fla. (WSVN) — Three men were saved at sea off the coast of Florida after a good Samaritan called for help when they noticed their vessel sank near Dry Tortugas National Park in Key West. A Coast Guard helicopter crew responded to the scene around 2 p.m. on Sunday after someone reported a 45-foot longliner was taking on water with three people on board.Coast Guard officials used the vessel’s radio to find out where it was located. Meanwhile, the trio used a raft to stay afloat until the Coast Guard arrived. Agents hoisted them onto a chopper and were taken to the Key West International Airport. Officials said the three men were in good health when they arrived at the airport.Jonathan Wheatley, an operations unit controller at Sector Key West, said in a press release that the team was happy the vessel had an inflatable raft on board.“Having the proper safety equipment is often the difference maker between life and death in these situations.”The Coast ...

FEMA helps residents in Broward County apply for aid

Published Fri, 15 Nov 2024 01:14:23 GMT

Days after President Joe Biden signed the Florida Disaster Declaration, flood victims in Broward County are now getting the help they need from the Federal Emergency Management Agency (FEMA). Two disaster recovery teams from the federal agency were on the ground on Monday as they canvassed neighborhoods in Edgewood and Melrose Park. Crews brought crucial information to residents on how to apply for assistance. Some even walked people through the process. Dane Tullock, whose house was flooded due to the torrential rains, said “It’s hard to believe it’s been three weeks,” he said. “It’s been an interesting ride between the challenges with the city and FEMA finally being called up. It’s frustrating but the neighborhood is starting to look it little bit like normal. There’s no trash or water in the streets.” Broward Mayor Lamar Fisher was also there in observance of the agency’s crews.Anyone who would like to apply for FEMA ass...