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Electricity and gas prices stabilize in 2023

Published Fri, 07 Feb 2025 13:30:08 GMT

After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilising. The prices of energy rose due to an increase in the price of natural gas, which is considered the marginal fuel. This happened because the imports from Russia decreased, and other importers were sought. The energy market is priced after the marginal fuel, which means that the price of natural gas affects the prices of the electricity market. Mechanisms were constructed to alleviate the pressure on consumers, and one of these were subsidies.In the first half of 2023, average household electricity prices in the EU continued to show an increase compared with the same period in 2022, from €25.3 per 100 kWh to €28.9 per 100 kWh. Average gas prices also increased compared with the same period in 2022, from €8.6 per 100 kWh to €11.9 per 100 kWh in the first half of 2023. These prices are the highest reco...

Fire crews work to contain overnight brush fire in San Fernando Valley amid Santa Ana winds 

Published Fri, 07 Feb 2025 13:30:08 GMT

Firefighters are still working to contain an overnight brush fire that broke out in the San Fernando Valley. According to fire officials, the blaze was first reported just before 1:30 a.m. Monday morning on a hillside near the intersection of Mason Avenue and Sesnon Boulevard in Chatsworth.  Temple City residents disturbed over parrot deaths from suspect’s nets Helicopters were seen dropping water on the flames overnight as crews worked to contain the fire, which as of 4:30 a.m. Monday morning, was holding at three and a half acres. No structures are threatened, Los Angeles County Fire Department officials said. Helicopters were seen dropping water on the flames overnight as crews worked to contain the fire, which as of 4:30 a.m. Monday, Oct. 30, 2023, was holding at three and a half acres. (RMGNews)Helicopters were seen dropping water on the flames overnight as crews worked to contain the fire, which as of 4:30 a.m. Monday, Oct. 30, 2023, was holding at three and a...

Condominium sells for $1.6 million in Palo Alto

Published Fri, 07 Feb 2025 13:30:08 GMT

825 Altaire Walk – Google Street ViewA 1,333-square-foot condominium built in 2011 has changed hands. The property located in the 800 block of Altaire Walk in Palo Alto was sold on Oct. 6, 2023. The $1,600,000 purchase price works out to $1,200 per square foot. This condo features three bedrooms and three bathrooms. The property is equipped with forced air heating and a cooling system. In addition, the condo comes with a carport.Additional units have recently been purchased nearby:In November 2022, a 1,030-square-foot unit on San Antonio Road in Palo Alto sold for $960,000, a price per square foot of $932. The unit has 2 bedrooms and 2 bathrooms.A 946-square-foot unit on the 700 block of San Antonio Road in Palo Alto sold in June 2022, for $960,000, a price per square foot of $1,015. The unit has 2 bedrooms 1 bathroom.On San Antonio Road, Palo Alto, in August 2022, a 1,212-square-foot unit was sold for $1,250,000, a price per square foot of $1,031. The unit has 3 bedrooms and 2 bath...

Taiwanese grocery store 168 Market opens 2nd Bay Area location

Published Fri, 07 Feb 2025 13:30:08 GMT

Taiwanese grocery store 168 Market opened its doors to hundreds of waiting community members on Saturday.Shoppers arrived at 765 Sereno Drive ahead of the store’s 9 a.m. opening by more than an hour. The store’s opening was preceded by a ribbon-cutting ceremony and a traditional Chinese lion dance by LionDanceME.Vallejo’s 168 Market marks the second Bay Area location the chain has opened since being founded in 2006, with its first one in Fremont having opened in 2020. The grocery store is largely known for its Asian and international selections of produce, snacks and frozen items.People shop inside the new 168 Market during the grand opening of the store in Vallejo on Saturday. (Chris Riley/Times-Herald) That variety of foods is what matches the demographics of Central Vallejo, where the store is located, 99 Ranch Market Chairman Jonson Chen said. 99 Ranch Market, the largest Asian supermarket chain in the United States, is owned by parent company Tawa Supermarket Inc., which a...

Residents demand more action over racial Marin high school video

Published Fri, 07 Feb 2025 13:30:08 GMT

Some Marin residents are calling for stronger action by the Tamalpais Union High School District to address a video with a racial slur that was made and shared by Tamalpais High School students.More than a dozen speakers who attended the district board meeting Tuesday said not enough has been done to repair damage and rebuild trust after the incident. The commenters at the board of trustees meeting on Tuesday included parents, students, teachers and community leaders.“Students are being hurt, families are being hurt,” parent Hilary Heaven told trustees. “We don’t feel safe.”Teacher Grace Backer said she asked her students to put their heads down on their desks and then hold their fingers up to signify how much they still felt fearful and anxious about the incident, on a scale of 1 to 5.“All the White students held up 1 finger, meaning they were just going on with their day-to-day lives and not thinking about it,” Backer said. “All the students of color posted a 5.”Johnathan Logan, p...

Marin hike: Kehoe Beach offers a long trip back in time

Published Fri, 07 Feb 2025 13:30:08 GMT

The first report of giant sunfish remains on a Point Reyes beach emerged via Instagram, where a local Marin feed posted the picture. News outlets picked up the story, expanding it to explain that the 6-foot animal with its deceptively nonhydrodynamic-looking shape was not just your average mola mola sunfish but instead was a rare mola tecta, or hoodwinker sunfish.The remains were discovered by a surfer, and after one of the stories identified the location as Kehoe Beach, my intrepid partners in the outdoors and I decided that Kehoe would be the destination for our regular Sunday outdoorsing. We knew there was a chance that our mola quest would prove fishless, but the weather was rainy, foggy and cool — in other words, perfect for a hike along the Pacific coast.This 0.6-mile trail leading to that great ocean offered a few quirks, one of which was a daylight sighting of a skunk foraging in a nearby tangle of shrubs. Another is that this trail is the only one in the Point Reyes Nationa...

Analysis: NFL can’t protect QBs from freak, non-contact injuries like Achilles tear

Published Fri, 07 Feb 2025 13:30:08 GMT

On Football analyzes the biggest topics in the NFL from week to week. For more On Football analysis, head here.___The NFL has done everything in its power to protect quarterbacks short of putting a flag on them.Can’t hit them high. Can’t hit them low. Can’t touch them too late.But the two most devastating QB injuries this season didn’t involve a violent hit. Kirk Cousins wasn’t even touched before he went down Sunday.Aaron Rodgers was barely hit on a sack when he suffered a torn Achilles tendon on the fourth play of his first game with the New York Jets in September.The Minnesota Vikings fear Cousins also has a torn Achilles tendon. Cousins, who has never missed a game because of an injury in his 12-year career, could miss the rest of the season after suffering the non-contact injury on a freak play. “Three-man rush and he kind of stepped up in the pocket. That is all I saw,” Vikings coach Kevin O’Connell said. “I just know in some of my dialogue with Kirk it seems like maybe ...

McDonald’s promotions lure diners despite higher menu prices and revenue jumps 14%

Published Fri, 07 Feb 2025 13:30:08 GMT

McDonald’s reported better-than-expected sales in the third quarter as popular promotions brought in customers despite higher U.S. prices.Global same-store sales — or sales at locations open at least a year — rose 8.8% in the July-September period, the burger giant said Monday. That was ahead of Wall Street’s forecast of an 8% increase, according to analysts polled by FactSet. In the U.S., same-store sales rose 8.1%. Price increases have weighed on customers. In July, McDonald’s said customers with annual incomes of $45,000 or lower are spending less on each order. But the company also said it was seeing more higher-income customers in its stores, those going to McDonald’s now, rather than spending money at sit-down restaurants.McDonald’s raised prices on some menu items in the U.S. But it also drew customers with promotions like a 50-cent double cheeseburger on National Cheeseburger Day in September. In the United Kingdom, the company offered discounts...

JinkoSolar: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 13:30:08 GMT

JIANGXI PROVINCE, China (AP) — JIANGXI PROVINCE, China (AP) — JinkoSolar Holding Co. (JKS) on Monday reported net income of $181.4 million in its third quarter.On a per-share basis, the Jiangxi Province, China-based company said it had net income of $2.53. Earnings, adjusted for non-recurring costs, came to $2.59 per share.The solar power product maker posted revenue of $4.36 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JKS at https://www.zacks.com/ap/JKSSource

Healthpeak: Q3 Earnings Snapshot

Published Fri, 07 Feb 2025 13:30:08 GMT

DENVER (AP) — DENVER (AP) — Healthpeak Properties, Inc. (PEAK) on Monday reported a key measure of profitability in its third quarter. The results surpassed Wall Street expectations.The Denver-based real estate investment trust said it had funds from operations of $251.6 million, or 45 cents per share, in the period.The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 44 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $64 million, or 12 cents per share.The health care real estate investment trust, based in Denver, posted revenue of $556.2 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $543 million.Healthpeak expects full-year funds from operations in the range of $1.76 to $1.78 per share._____This story was generated by Automa...