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New York Estate Planning Lawyer Yana Feldman Important FAQs on Planning for IncapacityNEW YORK (AP) — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on track for one of its best years since the turn of the millennium. The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. AT&T rose 4.6% after it boosted its profit forecast for the year. It also announced a $10 billion plan to send cash to its investors by buying back its own stock, while saying it expects to authorize another $10 billion of repurchases in 2027. On the losing end of Wall Street was U.S. Steel, which fell 8%. President-elect Donald Trump reiterated on social media that he would not let Japan’s Nippon Steel take over the iconic Pennsylvania steelmaker. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security. Earlier this year, President Joe Biden also came out against the acquisition. Tesla sank 1.6% after a judge in Delaware reaffirmed a previous ruling that the electric car maker must revoke Elon Musk’s multibillion-dollar pay package. The judge denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. All told, the S&P 500 rose 2.73 points to 6,049.88. The Dow fell 76.47 to 44,705.53, and the Nasdaq composite gained 76.96 to 19,480.91. In the bond market, Treasury yields held relatively steady after a report showed U.S. employers were advertising slightly more job openings at the end of October than a month earlier. Continued strength there would raise optimism that the economy could remain out of a recession that many investors had earlier worried was inevitable. The yield on the 10-year Treasury rose to 4.23% from 4.20% from late Monday. Yields have seesawed since Election Day amid worries that Trump’s preferences for lower tax rates and bigger tariffs could spur higher inflation along with economic growth. But traders are still confident the Federal Reserve will cut its main interest rate again at its next meeting in two weeks. They’re betting on a nearly three-in-four chance of that, according to data from CME Group. Lower rates can give the economy more juice, but they can also give inflation more fuel. The key report this week that could guide the Fed’s next move will arrive on Friday. It’s the monthly jobs report , which will show how many workers U.S. employers hired and fired during November. It could be difficult to parse given how much storms and strikes distorted figures in October. Based on trading in the options market, Friday’s jobs report appears to be the biggest potential market mover until the Fed announces its next decision on interest rates Dec. 18, according to strategists at Barclays Capital. In financial markets abroad, the value of South Korea’s currency fell 1.1% against the U.S. dollar following a frenetic night where President Yoon Suk Yeol declared martial law and then later said he’d lift it after lawmakers voted to reject military rule. Stocks of Korean companies that trade in the United States also fell, including a 1.6% drop for SK Telecom. Japan’s Nikkei 225 jumped 1.9% to help lead global markets. Some analysts think Japanese stocks could end up benefiting from Trump’s threats to raise tariffs , including for goods coming from China . Trade relations between the U.S. and China took another step backward after China said it is banning exports to the U.S. of gallium, germanium, antimony and other key high-tech materials with potential military applications. The counterpunch came swiftly after the U.S. Commerce Department expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software. The 140 companies newly included in the so-called “entity list” are nearly all based in China. In China, stock indexes rose 1% in Hong Kong and 0.4% in Shanghai amid unconfirmed reports that Chinese leaders would meet next week to discuss planning for the coming year. Investors are hoping it may bring fresh stimulus to help spur growth in the world’s second-largest economy. In France, the CAC 40 rose 0.3% amid continued worries about politics in Paris , where the government is battling over the budget. AP Business Writers Yuri Kageyama and Matt Ott contributed.By ADRIANA GOMEZ LICON FORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump promised on Tuesday to “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Related Articles National Politics | Elon Musk’s preschool is the next step in his anti-woke education dreams National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole, arguing that it was senseless and insulted the families of their victims. Biden said converting their punishments to life imprisonment was consistent with the moratorium imposed on federal executions in cases other than terrorism and hate-motivated mass murder. “Joe Biden just commuted the Death Sentence on 37 of the worst killers in our Country,” he wrote on his social media site. “When you hear the acts of each, you won’t believe that he did this. Makes no sense. Relatives and friends are further devastated. They can’t believe this is happening!” Presidents historically have no involvement in dictating or recommending the punishments that federal prosecutors seek for defendants in criminal cases, though Trump has long sought more direct control over the Justice Department’s operations. The president-elect wrote that he would direct the department to pursue the death penalty “as soon as I am inaugurated,” but was vague on what specific actions he may take and said they would be in cases of “violent rapists, murderers, and monsters.” He highlighted the cases of two men who were on federal death row for slaying a woman and a girl, had admitted to killing more and had their sentences commuted by Biden. On the campaign trail, Trump often called for expanding the federal death penalty — including for those who kill police officers, those convicted of drug and human trafficking, and migrants who kill U.S. citizens. “Trump has been fairly consistent in wanting to sort of say that he thinks the death penalty is an important tool and he wants to use it,” said Douglas Berman, an expert on sentencing at Ohio State University’s law school. “But whether practically any of that can happen, either under existing law or other laws, is a heavy lift.” Berman said Trump’s statement at this point seems to be just a response to Biden’s commutation. “I’m inclined to think it’s still in sort of more the rhetoric phase. Just, ‘don’t worry. The new sheriff is coming. I like the death penalty,’” he said. Most Americans have historically supported the death penalty for people convicted of murder, according to decades of annual polling by Gallup, but support has declined over the past few decades. About half of Americans were in favor in an October poll, while roughly 7 in 10 Americans backed capital punishment for murderers in 2007. Before Biden’s commutation, there were 40 federal death row inmates compared with more than 2,000 who have been sentenced to death by states. “The reality is all of these crimes are typically handled by the states,” Berman said. A question is whether the Trump administration would try to take over some state murder cases, such as those related to drug trafficking or smuggling. He could also attempt to take cases from states that have abolished the death penalty. Berman said Trump’s statement, along with some recent actions by states, may present an effort to get the Supreme Court to reconsider a precedent that considers the death penalty disproportionate punishment for rape. “That would literally take decades to unfold. It’s not something that is going to happen overnight,” Berman said. Before one of Trump’s rallies on Aug. 20, his prepared remarks released to the media said he would announce he would ask for the death penalty for child rapists and child traffickers. But Trump never delivered the line. One of the men Trump highlighted on Tuesday was ex-Marine Jorge Avila Torrez, who was sentenced to death for killing a sailor in Virginia and later pleaded guilty to the fatal stabbing of an 8-year-old and a 9-year-old girl in a suburban Chicago park several years before. The other man, Thomas Steven Sanders, was sentenced to death for the kidnapping and slaying of a 12-year-old girl in Louisiana, days after shooting the girl’s mother in a wildlife park in Arizona. Court records show he admitted to both killings. Some families of victims expressed anger with Biden’s decision, but the president had faced pressure from advocacy groups urging him to make it more difficult for Trump to increase the use of capital punishment for federal inmates. The ACLU and the U.S. Conference of Catholic Bishops were some of the groups that applauded the decision. Biden left three federal inmates to face execution. They are Dylann Roof, who carried out the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; 2013 Boston Marathon bomber Dzhokhar Tsarnaev ; and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of Life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. Associated Press writers Jill Colvin, Michelle L. Price and Eric Tucker contributed to this report.
MAA Announces Increase to Quarterly Common DividendEven as massive improvements are on the way for Windsor's transit garage, the union representing drivers and mechanics says equipment failures mean their members are having trouble keeping buses on the road and on time. But the City of Windsor says the union's claims aren't true, and no one will be left out in the cold. "They're the frontline people when the passengers get on and they're angry because they've been waiting out in the cold and some buses aren't showing up," said Manny Sforza, the international vice-president of the Amalgamated Transit Union (ATU), which represents Windsor workers through Local 616. "When they get on the bus, the bus is really crowded because ridership is up. Ridership revenue for Windsor Transit's cross-border tunnel bus is $566K in the hole Overtime, portable hoists solve Transit Windsor service interruptions as city warns of costly long-term fix "The members just kept telling us the general public gets on and they're angry at us because that's the first person they see and they believe it's the operator's fault. Our members are really tired of taking the brunt of the frustration and the anger." Riders told CBC Windsor they had noticed people being rude to drivers in their daily travels. "It happens from time to time. Someone's angry about having to pay their fare, about what they can and can't bring on the bus. It all depends," said Zander Kelly, who says he rides the bus at least once or twice a week. The Transit Windsor sign on the downtown bus terminal. (Dalson Chen/CBC) But another rider says he feels individuals have to do more to use the transit system well. "I've heard people complain, 'Well, buses take forever,' Well, you're not checking your app. You're not putting in the effort," said AJ Szwed. "You know, it's just not gonna fall in your lap, right?" This week, the ATU said that three more of the hoists used to lift buses for repair are out of service. Combined with the six hoists already out of service, an issue the union says goes back a couple of years, and the hoist for transit support vehicles also not working, there are just five hoists to service 117 buses. With fewer buses able to be repaired, that means fewer buses on the street. That means cancelled routes and late or overcrowded buses, the union says. But the City of Windsor says that's not the case: 14 maintenance bays are available. And, a statement says, the city has invested in mobile lift technology. "The city has made continued investments in the maintenance facilities at Transit Windsor, including new state-of-the-art mobile hoists and associated lifting devices," a statement read. "These new lifting devices have resulted in improved efficiency, flexibility, and cost-effectiveness, and have moved Transit Windsor away from reliance on outdated technology to meet the current industry standard of mobile lifts." The union representing Transit Windsor drivers says the city has brought in mobile hoists, but some are still in shrink wrap and not in use. The city says 14 maintenance bays are available and that mobile lifts are the current industry standard. (Submitted by Manny Sforza) Sforza acknowledges that temporary hoists have been brought in. But those, he says, are inefficient and make some repairs more challenging, because they lift the bus by its wheels instead of the axles. Some of those hoists, he said, remain on pallets and shrink wrapped. And a representative from the hoist company recently met with their members. "[The representative] himself confirmed some health and safety concerns that our members have been bringing up," Sforza said. "They said — this is the hoist company — it's unsafe to do certain tasks on those temporary hoists. "So that is actually making this problem even more complicated." The city has recently awarded an initial request for proposals worth about $35 million for renovations and repairs to the Transit Windsor garage, with work expected to be complete by spring 2027 without service interruptions. Transit Windsor leader selected as new Lakeshore CAO Bus shortage at Transit Windsor leaving some riders to wait twice as long The city has also hired a consultant, to the tune of about $2.4 million to oversee and design the project. The hoist issue came up during the latest round of contract negotiations with the city earlier this year Earlier this year, the then-executive director of Transit Windsor said that between 80 and 90 of the fleet's 117 buses need daily service. "Our members do a great job, but they just don't have the tools to provide the reliable and efficient transit to the taxpayers of City of Windsor," Sforza said. "It's just unbelievable that we're even in this situation."
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EastEnders fans convinced Nigel Bates’ return means HUGE soap legend will make shock comeback after years of rumoursOAKLAND — For Cecilia Schonian, one of the hardest parts of living in her car was simply finding a place to park. She learned to avoid malls and shopping centers, where security guards quickly rousted alleged loiterers. Instead, she sought out the well-lit parking lots of hotels and motels across the East Bay. Once there, she’d peer out of her windows with a dash of envy at people sleeping indoors just feet away. “It’s depressing — you know that whoever is sleeping in those rooms are comfy, they’re showered and they’re clean,” Schonian said. “But it was just what I needed to do at the time. And I got through it.” The turning point came when Schonian, 37, walked through the front doors of Swords to Plowshares , an organization with 50 years of experience helping homeless and impoverished military veterans such as herself. Nearly a year after first visiting the nonprofit, she now lives in her own apartment and works at the front desk of the organization’s Oakland Service Center. Through the East Bay Times’ Share the Spirit campaign, which helps the neediest in our communities, Swords to Plowshares is hoping to raise $35,000 to help boost that center, which provides a wealth of services for military veterans. It’s the same place that Schonian visited in October 2023, after finding the nonprofit through a simple Google search. After tapping out the words “rental assistance for veterans around me,” she followed one of the first links to appear on her phone to discover the organization’s drop-in center located in Oakland’s Jack London Square. Upon her arrival, Schonian felt near-immediate relief. She could tell that the years of turmoil that plagued the past decade of her life — her struggles with homelessness, unemployment and alcoholism — were nearing an end. “It just felt like I was at home,” said Schonian, who served for five years in the Air Force as an active-duty airman, as well as another two years in the Air Force Reserves, before leaving the service with untreated post-traumatic stress. “I had people that understood me and cared about me, that weren’t going to judge me off of whatever was happening in my life at that time.” Swords to Plowshares traces its roots back to 1974, when Vietnam War veterans in San Francisco began searching for a way to help their fellow soldiers struggling with high rates of unemployment, homelessness and substance abuse. Their initial answer came in the form of a drop-in center, one specializing in providing legal support to people filing medical claims with the Department of Veterans Affairs. Over the next 50 years, the nonprofit expanded its services exponentially. Just last year, the nonprofit helped more than 3,100 military veterans, more than a third of whom were new to the organization, according to its 2023 annual report. Nearly 45% of those people had been homeless when they sought help, having spent an average of more than three years without a permanent indoor place to live. Many of those people were placed into one of the nonprofit’s 500 housing units that it operates across the Bay Area, while others were offered rental assistance. The nonprofit also helped connect veterans to mental health care, doled out more than 100,000 meals and distributed nearly 1,000 gun locks to help stem the tide of suicides among former military service members. “A lot of this growth is based on the needs of veterans and seeing what the gaps in care and services are, and making sure that there was the entity that was culturally able to provide the care and services that veterans needed and to advocate on their behalf,” Tramecia Garner, the nonprofit’s executive director, said. About 20 years ago, the nonprofit expanded its work across the Bay Bridge into the East Bay, where it opened a center at 330 Franklin St. in downtown Oakland. It’s an outlet that helps about 500 East Bay veterans every year with housing vouchers, food handouts, gas vouchers, hygiene kits and holiday backpacks. These days, Schonian is tasked with greeting most every person to walk through the center’s front doors. On a recent Thursday afternoon, Schonian handed out gourmet turkey breast sandwiches from Salt & Honey to a handful of visitors, then she sat down to enroll a man in a popular supportive housing program. She didn’t even try to convince the man to go to a crowded shelter — a place that he flat-out refused to visit. Rather, Schonian convinced him to apply for an apartment of his own. All the while, Schonian spoke with an air of credibility that newcomers to the nonprofit respond to, said James Thomas, 80. He described routinely visiting the nonprofit over the past decade for help with paying rent, keeping his wardrobe stocked or meeting the month’s bills. “You can feel that she’s caring about the individuals she’s talking to,” said Thomas, who stopped by this time for help with his water bill. “Her emotions come from the heart.” For Schonian, the goal is to help other military veterans escape that same cycle of homelessness that led her to the nonprofit’s front doors last year. “I was meant to go through everything that I went through for a reason,” Schonian said. “Now I get to celebrate those victories with them.” THE SHARE THE SPIRIT SERIES Share the Spirit is a 501(c)(3) nonprofit organization operated by the East Bay Times, The Mercury News and Bay Area News Group that provides relief, hope and opportunities for East Bay residents by raising money for nonprofit programs in Alameda and Contra Costa Counties. WISH Donations will support Swords to Plowshares ’ Oakland Service Center, which provides direct services for 500 East Bay veterans annually. Funding will help meet 100 veterans’ basic needs by providing emergency housing, food and gas vouchers, hygiene kits, and holiday backpacks. Goal: $35,000 HOW TO GIVE Go to sharethespiriteastbay.org/donate or print and mail in this form . LEARN MORE Find additional stories at sharethespiriteastbay.org .
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