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San Francisco 49ers CEO Jed York faces insider trading allegations in Chegg cheating lawsuit

Published Mon, 23 Dec 2024 16:15:31 GMT

San Francisco 49ers CEO Jed York and others are at the center of a pair of lawsuits accusing them of engaging in insider trading at Chegg Inc., a Santa Clara-based online education platform under fire for allegedly helping students cheat during the height of the pandemic.Two shareholder-filed lawsuits, consolidated in the U.S. District Court for Northern California earlier this year, also accuse York, Chegg CEO Dan Rosensweig and six others of breaching their fiduciary duties to shareholders.The lawsuits say York, specifically, made insider stock deals based on “nonpublic information,” demonstrating “his motive in facilitating and participating in the scheme.”Started in 2006, Chegg debuted on the New York Stock Exchange in 2013 — the same year York joined its board of directors — at $12.50 a share, raising $187.5 million for its initial public offering.In 2019, Chegg and the 49ers announced a multi-year partnership to fund $100,000 in scholarships...

Warriors to face Suns on NBA Opening Night, per report

Published Mon, 23 Dec 2024 16:15:31 GMT

The Warriors, like they have so often over the last decade, will open their season in the national spotlight.They will host the Phoenix Suns in the second game of the NBA’s Opening Night on Oct. 24, according to league insider Shams Charania. It will be Kevin Durant’s first game in front of Bay Area fans since leaving the Warriors in the summer of 2019 after Golden State. He has played once at Chase Center since then, in 2021 in front of an empty arena due to COVID restrictions.The game will also be the first time Chris Paul will don a Warriors jersey in a regular-season game, and he’ll be facing his former teammates after being traded to Washington for Bradley Beal, then flipped to the Warriors for a package that included Jordan Poole.Coach Steve Kerr’s starting lineup will be a major focus for observers, as Paul has never come off the bench in his 18 years of regular-season and playoff games, but the Warriors’ starting lineup from last season — ...

After days of heavy rain, Norway braces for more flooding

Published Mon, 23 Dec 2024 16:15:31 GMT

By Jan M. Olsen | Associated PressCOPENHAGEN, Denmark — Rescuers on Thursday evacuated inundated areas of southeastern Norway and residents braced for more landslides and flooding as rivers swollen by days of heavy rain carried large amounts of water through the mountainous landscape.People living near waterways were moved to safety, taking their belongings from their homes and moving their cars to higher ground. Helicopters were on standby to help move people out of remote areas while volunteers assisted in towns like Hønefossen.The Begna river, which runs through the town, had gone over its banks Thursday and because of fear of landslides, the municipality announced an evacuation. Some 200 people were taken in buses to a nearby hotel, aided by people from the Red Cross and the civil defense.“Darn, this is bad. I don’t think everyone understands how much water we are talking about. The peak is far from being reached. More is to come when the locks are opened,” Ton...

Letters: Secret deals | A difficult job | ALS research

Published Mon, 23 Dec 2024 16:15:31 GMT

Submit your letter to the editor via this form. Read more Letters to the Editor.State should put endto secret land dealsRe: “Land deals near Travis Air Force Base require scrutiny” (Page A6, Aug. 8).How is it possible to buy land anonymously in California, especially land surrounding a major military base?California should not permit overseas investors nor Limited Liability Corporations (LLCs) registered in New Jersey (which permits hiding the identity of buyers) from buying property in California. This is a major threat to national security. It is too easy for foreign governments and overseas speculators to buy up property in California.Our Legislature must pass laws to prevent this.Susan PriceSan JoseThank Gov. Newsomfor doing difficult jobRe: “Newsom intervened on banned books, so why not school closures?” (Page A9, Aug. 6).I found it ironic that Dan Walters’ column complaining about Gov. Gavin Newson yet again over the school closures was put next t...

49ers would have signed retired Pro Bowl QB if they made Super Bowl, Shanahan says

Published Mon, 23 Dec 2024 16:15:31 GMT

(KRON) -- After Brock Purdy and Josh Johnson suffered injuries in the NFC Championship Game, the San Francisco 49ers found themselves out of options at quarterback. Trey Lance broke his ankle in Week 2 of the season, and Jimmy Garoppolo broke his foot in Week 13. With no healthy quarterbacks remaining, Kyle Shanahan planned to get creative if the 49ers had advanced to the Super Bowl. The San Francisco head coach confirmed Wednesday that the team would have signed longtime San Diego/Los Angeles Chargers quarterback Philip Rivers if the team had found a way to beat the Philadelphia Eagles in the NFC Championship Game. Bruce Bochy to manage first game in SF since 2019 retirement Rivers played 16 seasons for the Chargers and one for the Indianapolis Colts. He made the Pro Bowl eight times and is the sixth-leading passer in NFL history. His last NFL season was in 2020, and he would have been 41 years old for Super Bowl LVII. Still, Shanahan said he would have been ready to go. “He was ...

LATEST: 53 fatalities confirmed amid Lahaina wildfires

Published Mon, 23 Dec 2024 16:15:31 GMT

HONOLULU (KHON2) - Maui County officials said Thursday afternoon that an additional 17 fatalities were confirmed, that brings the total to 53 lives lost in the Lahaina wildfires. As of Thursday morning, Maui officials said that the Lahaina fire was 80% contained. FULL COVERAGE: Maui Fire "These past few days the resolve of our families, businesses and visitors have been tested like never before in our lifetime. With lives lost and properties dissemated, we are grieving with each other during this inconsolable time."Maui Mayor Richard Bissen Maui County officials add more than 270 structures, including an iconic 120-year-old building on Front Street, have been either damaged or destroyed; much of the destruction has been in the historic town of Lahaina. WEDNESDAY UPDATES: Evacuation orders, open shelters, and road closures Cell phone service is reportedly down for much of west Maui, with the potential to remain inoperable for weeks.State officials are urging the public to ...

Bruce Bochy to manage first game in SF since 2019 retirement

Published Mon, 23 Dec 2024 16:15:31 GMT

SAN FRANCISCO (KRON) -- Bruce Bochy is coming back to San Francisco to manage a baseball game. However, the legendary Giants skipper will not be wearing the Orange and Black.Bochy, who came out of retirement to become the Texas Rangers manager, is coming into town as the Giants host the Rangers Friday night. Bochy stepped down in 2019 and announced his then-retirement after 13 seasons as San Francisco's manager, winning three World Series titles along the way. ACC keeps Stanford, Cal in limbo as presidents choose not to vote on western expansion One of the World Series Bochy won was against the Rangers in 2010 when the Giants took out the Texas team in five games. Bochy, 68, was hired by the Rangers last October on a three-year contract. Coming into 2023, Texas had six consecutive losing seasons. The Rangers hired the future Hall of Fame manager in hopes of turning their franchise around. Bochy is the second-oldest active manager, second to Dusty Baker, 73, of the Houston Astros....

What to know before donating to Hawaii wildfire recovery

Published Mon, 23 Dec 2024 16:15:31 GMT

Philanthropy experts recommend that people seeking to donate to Maui's wildfire victims wait to do so.Regine Webster, vice president of the Center for Disaster Philanthropy, says the full scope of need may not be known for up to a week as firefighters finish up their response.She also urged potential donors to support organizations with deep local ties and community knowledge.People can also donate through the crowdfunding site GoFundMe, which vets fundraisers for those who have lost property or were injured. The organization will conduct additional verification before releasing the funds. They also deduct a transaction fee.If you do decide to make a donation, here are some websites that can connect you to nonprofits:Wise Giving Wednesday: Donating for Maui Wildfire Relief | Give.orgHawaii Charities (ehawaii.gov)Find Best Charities To Donate | Charity Ratings, Reviews (give.org)Maui Strong - Hawaii Community FoundationHCCNCAmerican Red Cross | Help Those Affected by DisastersThe Red...

6 Western nations demand Russia return two regions it took from neighboring Georgia 15 years ago

Published Mon, 23 Dec 2024 16:15:31 GMT

UNITED NATIONS (AP) — Six Western nations marked the 15th anniversary of Russia’s takeover of 20% of Georgia’s territory by demanding on Thursday that Moscow return the South Ossetia and Abkhazia regions.A joint statement by the six members of the U.N. Security Council — the United States, United Kingdom, France, Albania, Japan and Malta — said Russia’s invasion of Georgia in 2008 “marked a more aggressive trend” in its policy toward its neighbors, something being witnessed today in Ukraine.The statement, following closed council consultations on Georgia, said the six countries “are resolute” in reaffirming the country’s independence, sovereignty and territorial integrity “within its internationally recognized borders.”In August 2008, Russia fought a brief war with Georgia, which had made a botched attempt to regain control over the breakaway province of South Ossetia. Moscow then recognized the independence of South Ossetia and another breakaway Georgian province, Abkhazia, and set...

Rocket with a lunar landing craft has blasted off on Russia’s first moon mission in nearly 50 years

Published Mon, 23 Dec 2024 16:15:31 GMT

LONDON (AP) — A rocket carrying a lunar landing craft blasted off Friday on Russia’s first moon mission in nearly 50 years.The launch from Russia’s spaceport in the Far East of the Luna-25 craft to the moon is Russia’s first since 1976 when it was part of the Soviet Union.The Russian lunar lander is expected to reach the moon on Aug. 23, about the same day as an Indian craft which was launched on July 14.THIS IS BREAKING NEWS. Previous version of story is below:Russia is scheduled to launch its first mission to the moon in nearly 50 years on Friday, racing to land on the lunar south pole before a spacecraft from India gets there. The launch of the Luna-25 craft to the moon will be Russia’s first since 1976 when it was part of the Soviet Union and will be conducted without assistance from the European Space Agency, which ended cooperation with Russia after its invasion of Ukraine.The Russian lunar lander is expected to reach the moon on Aug. 23, about the same day as an Indian craft ...