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WeWork warns there’s ‘substantial doubt’ about its ability to stay in business

Published Sat, 23 Nov 2024 09:27:32 GMT

NEW YORK (AP) — WeWork is warning there’s “substantial doubt” about its ability stay in business over the next year because of its financial losses and its need for cash, among other factors. The New York-based workspace-sharing company said Tuesday that its ability to stay in operation is contingent upon its ability to improve its liquidity and profitability over the next 12 months.WeWork went public in October 2021 after a spectacular collapse during its first attempt to do so two years earlier — which led to the ousting of its CEO and founder, Adam Neumann. The company was valued at $47 billion at one point, before investors started to drop off due to Neumann’s erratic behavior and exorbitant spending.The company leases buildings and divides them into office spaces to sublet to its members, which include small businesses, startups and freelancers who want to avoid paying for permanent office space. But over time its operating expenses soared and it relied on repeated cash i...

International students face unlimited tuition increases at most Canadian institutions

Published Sat, 23 Nov 2024 09:27:32 GMT

By: Kaitlyn Smith and Serena Austin, Local Journalism Initiative ReporterCanadian universities and colleges raked in more than $9.6 billion in tuition from international students in a single year.Despite making up just 17 per cent of students studying in Canada, international students contributed 43.5 per cent of all tuition fees collected in 2020, according to the most recent survey by Tuition and Living Accommodation Costs (TLAC). It reports 373,599 international students attended a university or degree-granting college in 2020/2021.TLAC does not calculate the total amount international students pay in tuition across the country and it doesn’t keep record of this population by level of study. Statistics Canada, however, tallies fees spent by undergraduate or graduate study.Based on the average cost of tuition for these students that year, domestic and foreign students spent a total estimated $22 billion.“Tuition for international students is not subsidized here.”Universities and c...

Thousands sign petition to reinstate principal at McAuliffe International

Published Sat, 23 Nov 2024 09:27:32 GMT

DENVER (KDVR) — More than 6,000 signatures have been gathered as part of an effort to save principal Kurt Dennis’ job at McAuliffe International School in Park Hill.Dennis was fired after speaking out about security concerns, his lawyer says. But the use of a seclusion room, which some whistleblower staff employees have called an “incarceration” room, has added to his controversial departure. Fired principal’s lawyer: Board trying to ‘smear’ him for raising security concerns Those employees say the room was used to hold students, including Black students.A petition started to save the principal’s job has exceeded the number of signatures it had intended to gather. Eve Chen, who helped start that petition, has a daughter who will be starting school at McAuliffe next week. Chen said Dennis did a great job and claimed the seclusion room issue is being blown out of proportion."I (would) like the community to really focus on waiting for the facts to come out. A lot of it's speculation,...

Fired principal's lawyer: Board trying to 'smear' him for raising security concerns

Published Sat, 23 Nov 2024 09:27:32 GMT

DENVER (KDVR) -- Former principal Kurt Dennis has been implicated in the alleged misuse of a seclusion room at McAuliffe International School. Auon’tai Anderson, the vice president of the Denver Public Schools Board of Education, said in a news conference Monday that numerous whistleblowers had come forward about what they called an "incarceration room." Anderson said their stories have been corroborated through the DPS investigation. McAuliffe interim principal placed on leave Anderson said the initial whistleblower did not want to speak to investigators or the office of the council because they said "the issue at hand extends beyond just the former principal. It implicates the entire administrative body."Dennis' lawyer, David Lane, provided a statement in response to the allegations involving his client."Kurt Dennis was fired because, after the shootings at East High School, he criticized the Denver School Board’s extremely dangerous policies on patting down students accused of ...

Colorado Avalanche preseason schedule is out

Published Sat, 23 Nov 2024 09:27:32 GMT

DENVER (KDVR) -- It's only August but Colorado Avalanche fans can start getting excited and preparing now that the preseason schedule has been released. The team will split six games home and away starting on Sept. 24 after training camp. There will be two games each against two Central Division rivals and two games against the reigning Stanley Cup champions.Colorado Avalanche 2023-24 preseason schedule Sept. 24 vs. Minnesota Wild at 1 p.m. (Ball Arena)Sept. 25 vs. Vegas Golden Knights at 7 p.m. (Ball Arena)Sept. 28 @ Wild at 6 p.m. (Xcel Energy Center) Oct. 1 vs. Dallas Stars at 5 p.m. (Ball Arena)Oct. 3 @ Stars at 6 p.m. (American Airlines Center)Oct. 5 @ Golden Knights at 8 p.m. (T-Mobile Arena)The Avalanche had a bit of a facelift in the offseason but are still favored to win the Stanley Cup this season. No longer in burgundy and blue are Alex Newhook, J.T. Compher, Evan Rodrigues, Lars Eller and Erik Johnson. But the team has welcomed forwards Ryan Johansen, Jonathan Drouin, Mi...

DA: Salem man appears in court on murder charge in girlfriend’s disappearance

Published Sat, 23 Nov 2024 09:27:32 GMT

A Salem man has been arrested on a murder charge in connection with the disappearance of his 20-year-old girlfriend, Essex County District Attorney Paul F. Tucker and Salem Police Chief Lucas Miller announced Tuesday.Pablo Vicente, 33, was pleaded not guilty in court Tuesday while authorities continue searching for her body. The pair were in a years-long relationship plagued with domestic violence, police said.Prosecutors said Vicente confessed to choking Nayeli Nieves, a mother of a 18-month-old and a 3-year-old, to death inside her apartment at Salem Heights.“We’re brought here today at this courthouse for another example of terrible domestic violence,” Tucker said. “A young mother taken by violence from a partner.”Officials said Vicente put her body in a dumpster outside the apartment building which has since been emptied. The search is active and ongoing, police said.Vicente was charged with domestic violence against Nieves in 2019 as well as similar charges in Lowell earlier th...

Mets Notebook: Starling Marte receives good news, Danny Mendick may have more to give

Published Sat, 23 Nov 2024 09:27:32 GMT

A night after ending their six-game losing streak, more good news found its way to Flushing Tuesday afternoon. The Mets received good news regarding Starling Marte’s groin as he is expected to return this season.Manager Buck Showalter noted he wasn’t able to release full details citing HIPAA regulations, however, the 67-year-old believes there’s a chance Marte can return once he’s eligible from the 10-day injured list.“Got some pretty good news today, all things considered,” Showalter said before Tuesday’s game against the Cubs. “No surgery needed, we’ve identified the issue he’s had and they attacked it today. And I’m hoping I can tell you exactly how but I’ve got to be careful with the medical stuff.”Marte had double groin surgery in the offseason and has seen a significant dip in performance this season. The 34-year-old is slashing .248/.301/.324 with five homers and 28 RBI in 86 games this year.The out...

Rockaway Beach shark attack victim saved by hero lifeguards using rope, sweatpants as tourniquet

Published Sat, 23 Nov 2024 09:27:32 GMT

There was blood in the water and two heroes on the sand.A pair of fast-thinking Rockaway Beach lifeguards used a pair of sweatpants and the rope from an orange rescue float to stop the bleeding of a 65-year-old shark attack victim, with the predator’s fierce teeth exposing the woman’s femur, the mother of one rescuer told the Daily News on Tuesday.“Their quick thinking saved that woman’s life,” said Janet McDonnell, whose son Bill sprang into action with a co-worker after the shark tore off a chunk of the victim’s flesh above the left knee while she swam alone about 50 feet from shore.“He didn’t think she was going to make it,” the proud mother recounted. “She was bleeding profusely. He said he was just holding her hand … They actually thought she was going to bleed out on the beach in front of everybody.”The 24-year-old McDonnell and the second rescuer, Romeo Ortize, sprung into action just 10 minutes before the 6 p.m. closing time.The deep bite turned the water a bright red ...

Navy sailor accused of espionage had mother's support, prosecutor says

Published Sat, 23 Nov 2024 09:27:32 GMT

SAN DIEGO -- Twenty-two-year-old Jinchao Wei, a U.S. Navy sailor based in San Diego, faced a judge in a federal courtroom Tuesday. The judge agreed with the motion Wei is a flight risk and danger to the community.Wei is being held without bail and without prejudice. He faces charges of espionage for allegedly conspiring with the Chinese government and is accused of selling sensitive photos, videos and manuals of U.S. ships to the Chinese government since February 2022. According to authorities, Wei made about half his salary for selling the information to China. The prosecuting attorney also estimated he made between $10,0000 and $15,000, though the exact amount has not been made public. Family demands answers after girl, 14, found in Camp Pendleton barracks In court Tuesday, the prosecuting attorney alleged that Wei's mother, who lives in Wisconsin, knew and supported what he was doing and had allegedly suggested he work for the Chinese Communist Party once out of the Navy. The a...

Ailing and baby hummingbirds get care at one woman’s apartment-turned-clinic in Mexico City

Published Sat, 23 Nov 2024 09:27:32 GMT

MEXICO CITY (AP) — Gently holding a baby hummingbird between her hands, Catia Lattouf says, “Hello, cute little guy. Are you very hungry?” It’s the newest patient at her apartment in a toney section of Mexico City where she has nursed hundreds of the tiny birds back to health over the past decade.Under Lattouf’s caress, the bird relaxes little by little, allowing her to evaluate it. A young man who rescued it after it fell from a nest onto his patio watched attentively.“It is a broad-billed hummingbird,” the 73-year-old Lattouf said, as she moved an eyedropper to its beak. “Oh, mama, you want to eat!”This is often how Lattouf’s days have gone since she turned her apartment in Mexico City’s Polanco neighborhood into a clinic for sick, injured or infant hummingbirds, about 60 of which currently flit around.Lattouf, who studied French literature, has become a reference source for bird lovers, amateur and professional alike, across Mexico and other parts of Latin America. Her improvised...