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Ex-San Francisco tech CEO Christian Lanng denies sex 'slave contract' allegations

Published Wed, 26 Feb 2025 06:37:19 GMT

SAN FRANCISCO (KRON) -- A former CEO of a San Francisco technology company is speaking out after one of his ex-employees accused him of forcing her into signing a sex "slave contract."Christian Lanng said salacious allegations detailed in a new lawsuit are false. His accuser, identified in court documents as "Jane Doe," was hired by Lanng to be his executive assistant at Tradeshift. The business software tech company was co-founded by Lanng before reaching "unicorn company" status with $1 billion market capitalization.Jane Doe said Lanng used his wealth, power, and status to coerce her into being his sex slave for years. The bombshell lawsuit, filed in San Francisco Superior Court last week, claims Lanng tortured his assistant with sadomasochistic-style rapes and bondage as her "Master."Lanng told KRON4 on Wednesday that he was in a sexual relationship with Jane Doe. He asserts that the relationship was consensual and ended before he hired her at Tradeshift.San Francisco courthouse ...

Judge pauses Trump’s 2020 election interference case while he appeals his immunity claim

Published Wed, 26 Feb 2025 06:37:19 GMT

WASHINGTON (AP) — Donald Trump’s election interference case in Washington will be put on hold while the former president further pursues his claims that he is immune from prosecution, a judge ruled Wednesday.The decision from U.S. District Judge Tanya Chutkan raises the likelihood that Trump’s trial on charges of plotting to overturn the 2020 election, currently scheduled for March 4, will be postponed as the appeal of a legally untested argument winds through the courts. The issue is of paramount significance to both sides given that a court ruling in Trump’s favor would presumably derail the case and because a protracted appeal could result in a significant postponement of the proceedings, including until potentially after next year’s election, that would benefit the ex-president as he seeks to reclaim the White House.The three-page order is the latest volley in a simmering dispute over the scope of presidential power that has the potential to be decided by the U.S. Su...

Ohio Senate clears ban on gender-affirming care for minors, transgender athletes in girls sports

Published Wed, 26 Feb 2025 06:37:19 GMT

COLUMBUS, Ohio (AP) — A Republican-backed proposal that would drastically affect how LGBTQ youth in Ohio live their everyday lives cleared the state Senate on Wednesday, despite adamant opposition from parents, medical providers and education professionals who call it cruel and potentially life threatening.State senators, by a vote of 24-8 approved a multifaceted bill that would ban gender-affirming care for minors and block transgender student athletes from participating in girls and women’s sports. A lone Republican, Sen. Nathan Manning of Northeast Ohio, joined Democrats in a “no” vote.The bill now returns to the GOP-majority state House for amendment agreements before heading to Republican Gov. Mike DeWine’s desk for final approval. DeWine has not said whether he will sign it. He previously had expressed doubts about the sports restrictions, saying such decisions were best made by individual sports organizations. Under the legislation, minors in Ohio would be prohibited fr...

Nordson: Fiscal Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 06:37:19 GMT

WESTLAKE, Ohio (AP) — WESTLAKE, Ohio (AP) — Nordson Corp. (NDSN) on Wednesday reported fiscal fourth-quarter profit of $127.8 million.The Westlake, Ohio-based company said it had profit of $2.22 per share. Earnings, adjusted for non-recurring costs, came to $2.46 per share.The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.40 per share.The maker of adhesives and industrial coatings posted revenue of $719.3 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $707.4 million.For the year, the company reported profit of $487.5 million, or $8.46 per share. Revenue was reported as $2.63 billion.For the current quarter ending in January, Nordson expects its per-share earnings to range from $2 to $2.10.The company said it expects revenue in the range of $615 million to $640 million for the fiscal first quarter._____This story was generated by Automated Ins...

New concert venues to accompany Caps and Wizards move to Alexandria, Va.

Published Wed, 26 Feb 2025 06:37:19 GMT

A photo rendering of the Entertainment District at Potomac Yard includes a new Capitals and Wizards arena, a performing arts venue and an expanded esports facility. (Courtesy JBG Smith) A photo rendering of the Entertainment District at Potomac Yard includes a new Capitals and Wizards arena, a performing arts venue and an expanded esports facility. (Courtesy JBG Smith) The D.C. sports and entertainment landscape forever changed Wednesday when Monumental Sports & Entertainment announced plans for the Capitals and Wizards to leave D.C. and relocate to a brand new, 70-acre location in Alexandria, Virginia.The new sports arena will provide a new venue for headliner music acts similar to Capital One Arena, where I ...

Stock market today: Dow hits a record as Wall Street rallies after the Fed signals rate cuts in 2024

Published Wed, 26 Feb 2025 06:37:19 GMT

NEW YORK (AP) — A powerful rally across Wall Street sent the Dow Jones Industrial Average to a record on Wednesday after the Federal Reserve indicated that the cuts to interest rates investors crave so much may be coming next year.The Dow jumped 512 points, or 1.4%, to top 37,000 and surpass its prior peak of 36,799.65 set at the start of last year. Other, more widely followed indexes of U.S. stocks also leaped. The S&P 500 rose 1.4% and is within 2% of its own record. The Nasdaq composite gained 1.4%. Wall Street loves lower interest rates because they can relax the pressure on the economy and goose prices for all kinds of investments. Markets have been rallying since October amid rising hopes that cuts may be on the way.Rate cuts particularly help investments seen as expensive, lower quality or forcing their investors to wait the longest for big growth. Some of Wednesday’s bigger winners were bitcoin, which rose nearly 4%, and the Russell 2000 index of small U.S. stocks, which...

Mueller Water Products: Fiscal Q4 Earnings Snapshot

Published Wed, 26 Feb 2025 06:37:19 GMT

ATLANTA (AP) — ATLANTA (AP) — Mueller Water Products Inc. (MWA) on Wednesday reported fiscal fourth-quarter net income of $17.2 million.The Atlanta-based company said it had net income of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 19 cents per share.The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.The maker of fire hydrants, pipes and water valves posted revenue of $301.4 million in the period.For the year, the company reported profit of $85.5 million, or 55 cents per share. Revenue was reported as $1.28 billion.For the current quarter ending in December, Mueller Water Products said it expects revenue in the range of $245 million to $255 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MWA at https://www.zacks.com/ap/MWA...

Denver weather: Chance for snow ahead of a mild end to the week

Published Wed, 26 Feb 2025 06:37:19 GMT

DENVER (KDVR) —  Denver's weather will stay chilly with the chance for snow showers Wednesday night. This will be followed by sunshine and highs climbing to the 50s by the end of the week and into the weekend. Winter weather advisories and winter storm warnings are in effect through Thursday for southern and southeastern Colorado. Heavy snowfall could make travel difficult at times, so use caution if you will be traveling in that area. FOX31 Weather: View the latest Denver forecasts, maps and radar Weather tonight: Snow showersWednesday night, there will be a chance for a few snow showers in the metro, but most of the heavy snow will stay to the south. Temperatures will be chilly, but above normal, falling to the mid-20s in Denver. Patchy areas of fog will develop Wednesday night into Thursday morning. Weather tomorrow: Drying, seasonalOn Thursday, Denver will stay partly sunny and cool. High temperatures will reach the mid-40s, which is normal for this time of year. L...

Attorney General: Aurora company barred from selling fake IDs, credit documents

Published Wed, 26 Feb 2025 06:37:19 GMT

DENVER (KDVR) -- Aurora-based company PropDoks will no longer sell fake documents, provide verification or credit "reset" services, or market any of those services, thanks to a legal injunction won by the Office of Attorney General Phil Weiser.Under the agreement, PropDoks will also pay $20,000 to the state of Colorado, including $14,000 to be paid by Jan. 12, 2024. The funds will be used for victim restitution, consumer education or advancement of public welfare. College athletes who transfer twice can play, for now, after a judge sets aside NCAA transfer rule Investigative work by the Colorado Department of Law's Consumer Protection Section showed the company promised to "create nearly any false document, assuring customers that 'We Make Proof of Almost Anything.'" The website additionally said the documents were for prop or educational purposes, but other statements on the website suggested using the documents for fraudulent purposes, according to the court records.Weiser asked...

New program gets Colorado emergency rooms more prepared for children

Published Wed, 26 Feb 2025 06:37:19 GMT

DENVER (KDVR) — Just as respiratory illness season is ramping up, there is a new program in Colorado helping emergency departments be better prepared for pediatric patients.Swedish Medical Center in Englewood is the first in the Denver metro to get the new pediatric verification. Colorado has the world’s largest elk population, but it wasn’t always that way The hospital was already caring for kids in the ER, but now it is verified as "Pediatric Advanced" by the Colorado Pediatric Preparedness for the Emergency Room Program, or COPPER."We feel proud that we can supply that type of high-level pediatric care," said Dr. Nick Tsipis, medical director of the emergency department.Pediatric ERs were full during RSV surgeDuring last year's surge of RSV cases, Tsipis said the pediatric wards and ERs were full across the state."That experience really accelerated the work to make sure that we were as prepared as possible to take care of kids when there was a surge of patients like that," he s...