Reporter this is a case, he was barely visible and after the hearing his mother did speak with us she said her son is very remorseful, that he didnt realize someone could be hurt so badly. The d. A. Has a very different take on it. Im sorry for what happened. As they left the courtroom, the family of Richard Thomas says thomas is not a hateful person despite what charges against him might indicate. Reporter what kind of boy is he . Hes a good kid very good kid. He was joking around. Reporter a junior in high school, he is charged with felony assault and mayhem. Police say he lit the passenger on fire, while fleeshman was asleep on the bus monday afternoon. Fleeshman wearing a skirt the victims parents say the 18yearold doesnt identify as male or feel yale. The District Attorney released a statement quote, Richard Thomas violence and senseless conduct resulted in severe trauk injuries to a young, innocent victim. In the criminal complaint the officer said, quote, during the suspect inte
Super charging them with sugar on top of the adrenaline rush of the opening bell in new york. They scrunched together to watch the ceremony on tv monitors. One thing was clear early on the 26pershare ipo price set last night was conservative. Underwriters trying to gauge supply and demand settled on a 45 opening price, 73 higher. That meant twitter could have raised over 1. 5 billion more. The ceo of yelp says setting an ipo price isnt ease emp. Its not a science, its simply an art. At the end of a long day and couple of weeks, you do your best to deliver value to both your own shifting shareholders and the new ones. And you try to be as fair as possible. Reporter while some were jumping in, others didnt because of risk factors. Any ipo stock that becomes a trading vehicle the first few days after an ipo, its a guessing game how much it will eventually be worth. Nobody knows. Doesnt have a track record. There may be revenues, but we dont know what the profitability will be. Theres a ho
Exceeded all expectations. Twitter makes a big splash on its opening day on wall street and makes instant millionaires out of dozens of bay area employees. Twitter executives didnt make the same mistakes facebook made a year and a half ago. They priced their stock conservatively and didnt flood the market with too many shares. Twitters stock closed this afternoon at just under 45 a share. A 2 premium from its ipo 72 premium from its ipo price of 26. Our business and Technology Reporter is live at twitter headquarters. David, i imagine that party is still going. Reporter yes, you can tell thats whats going on because theres been no one leaving the twitter building since lunchtime today. And we have also heard from a neighbor across the way at the end of the building. He says there are preparations underway for a big bash for tonight. Now, we know that theres been a lot of celebrating going on, and it was joined by Top Executives from the company who were in new york this morning for the
A pending California bill, AB 747, would further limit the use of noncomplete provisions in employment agreements, with employers and counsel subject to special penalties for violations.
Now, if recently introduced legislation finds support, those exceptions may be tightened further still. And employers and counsel would be subject to special penalties for violations.