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WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion

Published Sat, 23 Nov 2024 08:09:26 GMT

NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.The company offered few specifics about the course of its restructuring, but noted in its filing that it was requesting the ability to cancel leases in particular locations that WeWork described as largely non-operational. All affected members have received advanced notice, the company said in a late Monday announcement.The Associated Press

Next autumn disturbance in the Plains is Chicagobound Tuesday night and Wednesday rain

Published Sat, 23 Nov 2024 08:09:26 GMT

Cooler late week and weekend pattern to follow — but next week's temperatures to surge temps 10 degrees above normalHURRICANE OTIS — 250-MPH WIND GUST!A 205 mph wind gust measured in western Mexico as Hurricane Otis roared into Acapulco last week, after unexpected intensification from a tropical storm status (65 mph winds) to a 165 mph CAT 5 hurricane, may rank as one of the top 10 or 15 strongest surface wind gusts on record on The Earth Story.Interestingly, the Washington Post's Dan Stillman reported last week:"The strongest wind on record is a 253 mph gust on Barrow Island in Australia during Tropical Cyclone Olivia on April 10, 1996, according data from the World Meteorological Organization. Before then, Mount Washington held the wind record with a 231 mph gust on April 12, 1934. And more recently, a 213 mph gust was measured on Orchid Island in Taiwan last month during Typhoon Koinu." But what transpired as Hurricane Otis lambasted the Mexican tourist mecca of Acapulco was righ...

What’s biggest difference in Gophers men’s basketball after last two season openers?

Published Sat, 23 Nov 2024 08:09:26 GMT

The Gophers’ 27-point lead over Bethune-Cookman had been cut to 11 with less than four minutes left in the season opener on Monday.During a media timeout, Minnesota’s best player and new vocal leader Dawson Garcia emphasized not getting complacent against a low-major opponent. Afterward, the U built the lead back up for an 80-60 win at Williams Arena.“That’s something last year’s team wasn’t doing,” Garcia said.As a 17-point favorite, Minnesota (1-0) had built a huge lead and overcome a somewhat threatening comeback to dispatch a Bethune-Cookman team picked to finish ninth in the 12-team Southwestern Athletic Conference (SWAC).In last year’s opener, Minnesota had its hands full in a 61-60 win over Western Michigan, which foreshadowed last-place conference finishes for both teams.“We are better (this year) in terms of our confidence,” head coach Ben Johnson said about a year-over-year comparison. “Again, that comes wit...

Incriminating comment helps solve 1993 cold case Arnold, Missouri murder

Published Sat, 23 Nov 2024 08:09:26 GMT

ARNOLD, Mo. -- A murder mystery that haunted the Arnold Police Department for nearly 30-years is now coming to light. The two detectives credited with solving the Steve Weltig homicide spoke with FOX 2 about how they cracked the cold case.The case dates back to April 23, 1993 at what was then Ajax Liquor on Jeffco Boulevard.The owner of the store, Steven Weltig, 40, had been shot in the head.For days, Major Case Squad detectives poured over evidence in the case in search of a suspect. There were several leads, including a suspect sketch, but no concrete evidence leading to a killer.Eventually, the Arnold Police Department took over the case, with different detectives assigned over the years. It wouldn’t be until 2020 that two detectives had the key to solving the case.Corporal Brett Ackermann and Det. Corporal Josh Wineinger listened to a 2015 police interview with a man named Loril Harp. Harp was known to authorities as an enforcer, someone who collected debts and dealt drugs.To Ac...

Stray bullet from I-70 gun battle hits car

Published Sat, 23 Nov 2024 08:09:26 GMT

FERGUSON, Mo. -- The City of Ferguson's police chief is speaking out against violent crime after a stray bullet from a nearby gun battle hit a man's car as he drove down Interstate 70 early Sunday morning. Chief Troy Doyle tells FOX 2 this most recent act of reckless violence has him fed up.“I think now people are starting to recognize that we need police,” Doyle said.  Doyle took over as Ferguson’s chief of police in April after 30 years with the St. Louis County Police Department, the same agency investigating this incident. Former Missouri teacher speaks out on OnlyFans account, made nearly $1 million A St. Louis County Police Department spokesperson tells FOX 2 the shooting happened around 5 a.m. Sunday on I-70 near the Lucas and Hunt bridge. They said two cars headed westbound exchanged gunfire. One of those bullets hit a man's car who was driving eastbound, forcing him to pull over and call police. They said the driver was not injured.  Another victim in the shooting, an adu...

Schnucks turns to tech to curb shoplifting

Published Sat, 23 Nov 2024 08:09:26 GMT

MARYLAND HEIGHTS, Mo. -- Maryland Heights Police tell us they busted an alleged booze thief who opened a locked high-end liquor cabinet at the Schnucks store on Dorsett Road.  Charged last week, court documents show the man used a cellphone on multiple occasions to access the alcohol. Bottles in hand, police say, he puts them in a bag and walks out of the store.“We want to use technology that will protect our product and also help our customers.” Said Schnucks Security Supervisor Abby Swanson-Paubel.If wondering how exactly this new tech protects products or helps consumers, Swanson-Paubel has your answer.“Anytime you can give the police extra information, besides just a photo or video, it always helps them in their case and that’s what we want to do.” Said Swanson-Paubel.The cell phone number required to open the cabinet, coupled with an up-close view of the shopper, or shoplifter in this case, are valuable tools for law enforcement. Former Missouri teacher speaks out on OnlyFans...

FOX 2 helps fix water gushing from an apartment wall

Published Sat, 23 Nov 2024 08:09:26 GMT

ST. LOUIS -- The You Paid For It Team comes to the aid of a mentally challenged resident living in a horrible North County rent-subsidized apartment. Water gushes out of the wall whenever a faucet is turned on. That means the floor is constantly flooded.Sherry Allen the tenant's aunt and legal guardian, called Investigator Elliott Davis about the problems."We contacted public housing. We've contacted everybody we know to contact. We have not been able to get assistance I’m afraid she’s going to fall and hurt herself in the kitchen because any time she turns the water on, it comes out of the walls,” said Allen. Former Missouri teacher speaks out on OnlyFans account, made nearly $1 million I talked to the tenant, who didn’t want her face shown."It’s real hard. I didn’t get sleep, I didn’t eat, and I was stressed out. It was hard because I didn’t know how I was going to get through at night or how I was going to survive," said the tenant.The water woes are just part of the problem. T...

Clayco moving into former Express Scripts headquarters

Published Sat, 23 Nov 2024 08:09:26 GMT

ST. LOUIS -- They're calling it Project Arch at the Missouri Capitol.   It is a big economic win, with at least 400 new, high-paying jobs coming to St. Louis County over the likes of Los Angeles, Chicago, and Phoenix.  The project will turn a former Express Scripts headquarters building overlooking I-70 in Berkeley into a new St. Louis regional headquarters for the architecture, engineering, and construction firm, Clayco.  Clayco was founded here in 1984, but its corporate headquarters remain in Chicago after moving there in 2013.  The State of Missouri has approved about $18 million in incentives for the $50 million Project Arch.  The state’s investment comes in the form of bond financing (Missouri WORKS program) and tax credits (Missouri BUILD) tied to those new jobs with an average salary of $121,000 -a-year. “The wages are phenomenal. That’s going to really stand out. I think will help (Clayco) with recruitment,” said Michelle Hataway, Director the Missouri Department of Ec...

How a blight study may impact a north St. Louis neighborhood

Published Sat, 23 Nov 2024 08:09:26 GMT

ST. LOUIS -- Monday, residents in the Jeff Vander Lou neighborhood asked questions about a new blight study and how it will impact their homes. "Some of these vacant buildings have caught fire next to residents' homes, or they're not being well taken care of so when family comes to these residents' homes, they have to look at a building that is if not completely fallen down is open," said Ald. Rasheen Aldridge.More than 850 acres of homes and businesses surrounding the NGA West Campus are part of a new blight study. Alderman Aldridge said the goal of his proposal is to help with redevelopment in the neighborhood.  Former Missouri teacher speaks out on OnlyFans account, made nearly $1 million "It is something that in my opinion can really bring a bright light to North St. Louis. We have an anchor with NGA coming in that can help but at the same time the way NGA came in also hurt people with forcing them out of their homes. So we're being very cautious," said Ald. Aldridge. "Re...

6 burglaries in week shock the village of Caseyville

Published Sat, 23 Nov 2024 08:09:26 GMT

CASEYVILLE, Ill. -- A string of burglaries in a seven-day span is leading to stepped-up security in a small village."It's quiet; there haven't been a lot of issues until lately." said Mike Peterson, a 20-year-old resident.Stretches of street, filled with homes, families, and a light by the front door."Everybody's so tight, so close," said Detective Tamburello.Windows have been smashed, and cars have been broken into. The suspects also attempted to steal some vehicles."We've had an increase in broken windows and destroyed steering columns showing they've tried to actually steal the vehicles, creating havoc for the vehicle owners," explained TamburelloThe Parkdale, Geschel, and Bunkum neighborhoods are where a group of several individuals targeted at least six homes in one week. Former Missouri teacher speaks out on OnlyFans account, made nearly $1 million "There are a lot of kids in this neighborhood, a lot of families, and its peaceful. Knowing there's been a lot of break-ins has ...