Employment Attorney in San Jose, CA

Rite Aid’s massive collapse continues as more than 100 stores are now set to disappear.

One hundred and fourteen locations are on the latest closings list that Rite Aid announced in bankruptcy filings on Thursday.

Forty of the stores are located in the Keystone State.

The 114 stores are in addition to the 1,070 stores that Rite Aid previously announced it would close.

Last month, Rite Aid filed for bankruptcy for a second time to pursue “a strategic and value-maximizing sale process for substantially all of its assets.”

Rite Aid’s more than 1,200 stores are expected to close.

Rite Aid announced that it had entered into agreements for its pharmacy assets of more than 1,000 stores across the country.

CVS Pharmacy said that it has agreed to acquire the prescription files of 625 Rite Aid pharmacies across 15 states in areas that CVS serves, as well as acquire and operate 64 Rite Aid stores in Idaho, Oregon and Washington.

Giant Eagle has agreed to buy dozens of prescription files from Rite Aid pharmacies in Pennsylvania and Ohio.

Weis Markets has agreed to buy the prescription files of 11 Rite Aid pharmacies in Pennsylvania and New York.

Walgreens has agreed to purchase prescription files in nine states.

Albertsons and Kroger have also agreed to buy prescription files.

Those agreements were approved in U.S. Bankruptcy Court, according to Reuters.

These are the latest store closures that Rite Aid announced on Thursday:

These are the 40 Rite Aid stores in Pennsylvania that the company announced on Thursday that are closing:

Less than four months after being named CEO of Intel Corp, Lip-Bu Tan has announced that the Santa Clara-based chipmaker will be laying off another 20% of its employees – more than 20,000 worldwide – including 584 jobs in California and 529 positions in Oregon this month.

Revelations of the continued layoffs and new restructuring by the struggling semiconductor firm generated headlines in news and tech-focused media worldwide.

“Twenty, 30 years ago, we were really the leader. Now I think the world has changed. We are not in the top 10 semiconductor companies,” Tan told employees during a recent internal meeting, referring to Intel’s current position in terms of market capitalization, according to a transcript leaked this week and obtained by OregonLive.

Intel is losing ground to fellow Santa Clara giants AMD and Nvidia, according to multiple tech industry reports.

According to reports from Reuters and other international media today, Tan recently told employees,"the gap has widened too much to catch up with leading AI companies like NVIDIA.”

In response, an Intel spokesperson explained that it was “not a comment about technological capabilities, but a statement regarding the current market value of the corporation.”

Intel employment has dropped steadily since 2022, from 131,900 to 124,800 in 2023, and to 108,900 in 2024, as sales have lagged and manufacturing of semiconductors, especially for AI-related products, has failed to meet the growing demands of the technology industry, according to multiple trade publications.

Tan, according to industry experts, is continuing his predecessor's approach of reducing the firm's workforce and refocusing the business on chip manufacturing.

In California the permanent layoffs, set to take effect July 15, will impact six locations in Santa Clara, with more than 400 positions eliminated, and another 174 employees in Folsom, according to the state Employment Development Department. Intel also issued layoff notices in Arizona and Texas.

Oregon Live reported that Intel is shutting down its automotive technology division and outsourcing some marketing functions. Once the undisputed leader in semiconductors, “Intel has been in a dire state these past few years, with seemingly nothing going right,” said one Korean analyst.

Oregon Live called the competition roiling the semiconductor industry a “borderline fight for survival for the once-great American innovation powerhouse as it struggles to even acknowledge being among the top contenders anymore.”

Intel Corporation announced earlier this week it had decided to spin off its robotics business RealSense, which will raise $50 million in funding. The move is considered to be part of Intel CEO Lip-Bu Tan's bid to streamline his company and shed weight to allow Intel to compete in the semiconductor manufacturing industry.

However, the spinoff of a business that targets the humanoid robot market appears to go against predictions that robots represent a multi-trillion dollar opportunity over the next couple of decades.

On Tuesday, Intel’s overseas funding subsidiary announced Tuesday it will sell 45 million shares of Mobileye Global Inc. an autonomous driving technology company, currently valued at approximately $15 billion.

Mobileye, which develops autonomous driving and driver-assistance technologies, was listed independently from Intel in 2022, though Intel maintains majority ownership. The company’s technology has been integrated into more than 200 million vehicles worldwide through 2024, according to the press release statement.

Three decades of journalism experience, as a writer and editor with Gannett, Knight-Ridder and Lee newspapers, as a business journal editor and publisher and as a weekly newspaper editor in Scotts Valley and Gilroy; with the Weeklys group since 2017. Recipient of several first-place writing and editing awards, California News Publishers Association.

SAN JOSE, Calif. (KRON) — The City of San Jose has canceled its Fourth of July fireworks show at Lake Cunningham after the fireworks planned for the show were destroyed in an explosion at a Yolo County fireworks facility. According to San Jose Mayor Matt Mahan, the city is looking for a replacement or alternative to the planned fireworks show.

The party planned Friday at Lake Cunningham Park will still take place, according to city officials, but there will be no fireworks.

The Yolo County explosion occurred around 6 p.m. Tuesday at a fireworks storage warehouse in the area of Esparto and Madison near Country Road 23 and Country 86A. The fire grew to nearly 74 acres before forward progress was halted.

CalFire bomb and arson units are investigating the incident, in which seven people remain unaccounted for, according to fire officials.

Cloverdale fireworks also canceled

The Cloverdale Lions Club also announced Wednesday that it was cancelling its annual Fourth of July fireworks following the Yolo County explosion. The facility, about 22 miles north of Vacaville, was the designated supplier of professional-grade fireworks for the Cloverdale Lions Club 4th of July Aerial Fireworks Show.

St. Helena fireworks canceled

In Napa County, St. Helena also announced that its Fourth of July fireworks show had been canceled due to “vendor emergency.” All other July Fourth activities in town “will continue as plans,” according to city officials.

San Francisco city officials told KRON4 that SF’s planned fireworks display over the Embarcadero would go ahead as planned. It is not yet known if any other Bay Area Fourth of July fireworks shows will be impacted.

Bay City News contributed to this report.

SAN JOSE, CA — Most people are excited when they see a package arrive at their door. But if hundreds of unexplained packages arrive for over a year, it’s quite a different story.

That’s what happened to a San Jose woman, known by her pseudonym Kay, who received truckloads of packages containing unwanted faux-leather car seats from a Chinese online seller called “Liusandedian,” according to an ABC7 report. Many customers returned the orders, complaining that they didn’t properly fit on their car seats. For reasons unknown, Liusandedian put Kay’s San Jose address on their return labels, leading to a deluge of unwanted boxes.

To make matters worse, consumers had to pay to send them back, a violation of Amazon rules that U.S. vendors must provide either a returnless refund or provide a pre-paid international shipping label within two days of the return request. One return cost at least $124 on top of the original $129 price, according to one of several one-star Amazon reviews reviewed by ABC7.

Kay told outlets she initially thought it was a single wrong package, but they soon started to pile up quickly, even though she refused delivery for several. She said she tried contacting Amazon “countless” times and filed six separate complaint tickets to Amazon, but said she was assured each time that it would stop, and that she should either donate the packages, give them away, or return them to FedEx or the post office.

“Why is it my responsibility to get rid of this, when your seller is not following your rules, Amazon?” she told ABC7.

Amazon issued this statement following the ABC investigation: “We'd like to thank ABC7 On Your Side for bringing this to our attention. We've apologized to the customer and are working directly with her to pick-up any packages while taking steps to permanently resolve this issue."

After issuing the statement, Amazon finally removed the boxes from Kay’s home Tuesday morning, according to ABC7.