Latest news with #Emeryville
CBS News
7 days ago
- Business
- CBS News
Emeryville considering creating bus-only, bike-only lanes on 40th Street
A proposal for bus-only and bike-only lanes in part of Emeryville's busiest corridor has some businesses in the area concerned. "It's a third-generation business, and I'm generation two," said Deborah Cohen. She and her family have owned Rug Depot Outlet in Emeryville for the past 55 years. The store has more than 10,000 rugs in the showroom and warehouse. There are massive semi-trucks coming and going almost every day, not just for her business but others nearby like Pottery and Beyond, Granite Expo and more. "A lot of our neighbors are light industrial or in the catering business, and so this street takes delivery on very heavy product," said Cohen. That is why she and about a dozen neighboring businesses are so concerned about the 40th Street Multimodal project that's moving forward in the city council. The plan is to make 40th Street more friendly to pedestrians, cyclists, and buses by closing side streets to vehicles, and eliminating one traffic lane in each direction, and converting it into dedicated bus and bike lanes. The total cost of the project is just over $30 million. "This project is in a big way looking to accommodate all of the users who want to come into the city," said Emeryville's Mayor David Mourra. He said they've been studying the corridor since 2018 and have done traffic studies looking at what makes the most sense. He said this plan helps make the 40th Street area safer for not just pedestrians and cyclists, but people in cars as well. "We are really trying to improve things for everyone, and sometimes there are tradeoffs, and we understand that and we understand that sometimes change can be difficult," said Mourra. For Deborah and other business owners, they feel like the change is only a positive for a small few at the expense of legacy businesses that built Emeryville into what it is today. "40th to me is a throughway that was made for this exact thing, which is deliveries of trucks coming off of freeways, and to make 40th street into one lane car traffic doesn't feel safe or relevant," she said. The city council still has to vote on the plan and that vote is expected sometime toward the end of the year, and if it is approved, the project wouldn't be completed until 2028.
Yahoo
04-07-2025
- Business
- Yahoo
Why NMI Holdings (NMIH) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time. Headquartered in Emeryville, CA, NMI Holdings was incorporated in May 2011 and began start-up operations in 2012. NMI Holdings wrote its first MI policy in 2013. NMIH sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 8.2% and 5.3% year-over-year, respectively. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.05 to $4.87 per share. NMIH boasts an average earnings surprise of 8.2%. Looking at cash flow, NMI Holdings is expected to report cash flow growth of 12.7% this year; NMIH has generated cash flow growth of 14.3% over the past three to five years. With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, NMIH should be on investors' short lists. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NMI Holdings Inc (NMIH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
CBS News
02-07-2025
- CBS News
Emeryville police seek suspect in car fires, attempted arson of pizza restaurant
Police in Emeryville are seeking a man suspected of setting multiple vehicles on fire and the attempted arson of a restaurant over the weekend. According to officers, a vehicle fire was reported in the rear alley of the Pak N Save supermarket on 3389 San Pablo Avenue shortly before 7:15 a.m. on Saturday. Arriving officers said they found three vehicles that were on fire. The Alameda County Fire Department responded to the alley and quickly extinguished the fires. Surveillance photos of man suspected of car fires and an attempted arson of a restaurant on San Pablo Avenue in Emeryville on June 28, 2025. Emeryville Police Department Officers launched a preliminary investigation, which included reviewing surveillance footage from nearby cameras. The investigation revealed a suspect intentionally starting the three vehicle fires and targeting a fourth vehicle. Investigators said the suspect then proceeded to the nearby Lanesplitter Pizza and Pub at 3645 San Pablo Avenue and attempted to light the building on fire. No injuries were reported. In a statement Wednesday, police released the photos of the suspect, who is described as a man with a mustache between the ages of 35 to 50 years old. Photos showed the suspect was wearing a red and black cap and a red and black jacket. Anyone with information about the fires or who may recognize the suspect is asked to contact the Investigations Unit of the Emeryville Police at 510-596-3700. Persons who see the suspect are asked not to approach him and to call 911 immediately.
Yahoo
30-06-2025
- Entertainment
- Yahoo
Elio Bombed At The Box Office, But There's A Big Reason I'm Not Worried About Pixar (Yet)
When you buy through links on our articles, Future and its syndication partners may earn a commission. Pixar was once a seemingly untouchable studio. Every movie the Emeryville, CA studio released seemed to become an overnight hit. The best Pixar movies are some of the best movies ever. From toys come to life to robots in love to superheroes to taking cars, no idea seemed to be too 'out there' to draw in an audience. Today, that's hardly the case. No single movie studio may have been damaged so badly, and for so long, by the global pandemic as Pixar. After seeing several of its films released straight to Disney+, potentially training audiences to watch Pixar movies at home, only Inside Out 2 has been an unqualified success. And from those heights, Pixar has now come crashing down. The big news coming out of the weekend box office is that Pixar had its worst opening weekend of all time with Elio. Despite solid reviews, the movie barely surpassed $20 million at the domestic box office, and its current worldwide tally sits at less than $35 million. It's certainly a significant drop from Inside Out 2, which became the highest-grossing animated movie ever made last summer. Elio's results are seen as a trend for Pixar. There's a feeling that the studio that once could do no wrong can no longer launch successful franchises, as none of the original movies that Pixar has made in the last several years have made a significant impact. Can Pixar simply not make original movies anymore? While a great deal has been made of Pixar's failings of late, a lot of it is blown out of proportion. Of the two original stories released before Elio, but after theaters were open again, one movie struggled, but the other was a solid success. While Elemental had a rough opening weekend, the second worst in Pixar history at the time, between having solid legs domestically and being a solid win overseas, it was actually reasonably successful. It's still possible Elio could end up doing much better than its opening has suggested, as Elemental did. Lightyear, which barely made back its $200 million budget, has to be seen as a disappointment, but considering that movie at least had a popular character to trade on, there's an argument it was more of a 'franchise' movie than an original one, even if it wasn't a Toy Story movie. The truth is that while Pixar absolutely is having a hard time launching non-franchise material, as is basically every other studio. There's a reason everybody made a big deal of Ryan Coogler's Sinners becoming a box office champ despite its lack of franchise connection. Few original movies, of any kind, have done that well in a very long time. Once upon a time, simply being a Pixar movie may have been enough to draw an audience to the theater, but that's clearly not the case anymore. Now, audiences are in the same place with Pixar as they are with most other studios. They'll put their trust in franchises more easily than original content, because those franchises are known and trusted. That doesn't mean there isn't some cause for concern. A broadly successful, crowd-pleasing original story is absolutely something Pixar needs to produce, and sooner rather than later, if at all possible. The studio still needs the occasional original hit, if for no other reason than to create new franchises for the future. Many people thought the Toy Story movies should have ended with the third, and while Toy Story 4 was still wildly successful, and Toy Story 5 likely will be, there is absolutely a point at which franchises go on too long, and must be replaced by something new. Of course, there's no magic formula for creating brand-new hit movies. If anybody could do it, it would happen all the time. Pixar's track record, on the whole, is better than most. Whether something like Hoppers or the recently announced Gatto is the story we've been waiting for, only time will tell. Until then, we'll always have Coco 2.
Associated Press
19-06-2025
- Business
- Associated Press
MT Sobek Appoints Seth Heald as New CEO to Lead Adventure Travel Expansion
EMERYVILLE, Calif., June 19, 2025 /PRNewswire/ -- MT Sobek, the pioneering name in adventure travel since 1969, proudly announces the appointment of Seth Heald as its new Chief Executive Officer. Heald, a seasoned leader with over two decades of entrepreneurial and operational experience in active travel and wilderness exploration, is set to guide MT Sobek into its next phase of growth and innovation. Heald's deep roots in the adventure travel industry include founding and leading Arizona Outback Adventures for over 20 years. Under his leadership, the company became a nationally recognized name in adventure travel, employing nearly 150 staff and delivering exceptional experiences across the American West before its acquisition by REI in 2019. A dual citizen of the U.S. and Canada, Heald has also successfully launched and operated four other thriving adventure travel companies. Most recently, prior to joining MT Sobek in 2023, he served as Director of North America Operations for REI's Adventure Travel division. 'Seth brings a rare combination of entrepreneurial vision, operational expertise, and deep industry roots,' said Tom Lee, MT Sobek Chairman. 'He's built successful adventure travel companies from the ground up and knows what it takes to lead with integrity, creativity, and a customer first mindset. We have known and worked with Seth for 25 years and we're thrilled to have him at the helm of MT Sobek.' Heald succeeds Massimo Prioreschi, who successfully guided MT Sobek through a period of significant transformation. 'We're incredibly grateful for Massimo's leadership through the lean years of COVID and beyond. He leaves a foundation and team that is the strongest in MT Sobek's 56 years. We are extremely appreciative of his hard work and commitment to MT Sobek and our guests. We wish him well in his retirement,' added Lee. 'I'm honored to lead a company as iconic and values driven as MT Sobek,' said Heald. 'This is a brand that's always stood for bold, immersive, and authentic travel experiences. I look forward to working with our passionate team and expert guides to keep that spirit alive—and take it even further, building on MT Sobek's legacy of global adventures, cultural immersion, and guided expeditions.' For more information about MT Sobek and its award-winning adventures, please visit View original content to download multimedia: SOURCE Mountain Travel Sobek
