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San Francisco Bay Area and California Business News — — SFGateSan Francisico Bay Area Business news. — SFGate
A Bay Area sports marketing company has some sizable and far-flung gigs on its plate these days - the London Olympics in July, the 2014 World Cup in Rio de Janeiro, and, oh yes, the America's Cup in San Francisco....
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The Securities and Exchange Commission on Thursday accused a Northern California financial adviser of raising $60 million for an investment fund by lying to investors about its profitability. John Geringer, 47, of...
U.S. mortgage rates for 30-year loans fell to a record low for a fourth straight week, reducing borrowing costs as a housing recovery takes hold. The average rate for a 30-year fixed mortgage dropped to 3.78 percent in...
The solar industry scored a major win Thursday when California regulators more than doubled the number of homeowners and businesses who will get full financial credit for the surplus electricity that their rooftop...
(05-25) 18:15 PDT PHOENIX, (AP) -- A person with knowledge of the situation says Arizona Diamondbacks catcher Miguel Montero has agreed to a five-year, $60 million contract. The person asked not to be identified because...
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(05-25) 17:12 PDT Sacramento, Calif. (AP) -- Building on recent efforts for California to divest in Iran, the state Assembly on Friday passed a bill that targets insurers for investing in companies that aid the country'...
(05-25) 16:14 PDT State College, Pa. (AP) -- Former Penn State University president Graham Spanier has filed a civil lawsuit to force the school to release emails related to the Jerry Sandusky child sex abuse scandal....
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(05-25) 16:01 PDT New York (AP) -- David Beckham no longer is Major League Soccer's highest-paid player after his salary was cut nearly 40 percent in his new contract with the Los Angeles Galaxy. The former England...
(05-25) 15:47 PDT New York (AP) -- Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of company's directors to be replaced. Icahn spent about $785 million...
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(05-25) 15:32 PDT San Francisco, CA (AP) -- State regulators say Pacific Gas & Electric Co. put the public at risk by allowing its pipelines in cities throughout Northern and Central California to run at the wrong...
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(05-25) 15:30 PDT Newberry, Mich. (AP) -- A fast-moving wildfire fed by dry conditions in Michigan's Upper Peninsula continued to burn Friday, consuming nearly 20,000 acres and prompting evacuations of homes and...
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(05-25) 15:18 PDT (AP) -- What, exactly, makes someone American Indian? Even Indians themselves don't agree as they debate the case of Senate candidate Elizabeth Warren, whose disputed claim of Native American identity...
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(05-25) 15:16 PDT CAIRO, Egypt (AP) -- The Muslim Brotherhood's candidate and a veteran of ousted leader Hosni Mubarak's autocratic regime will face each other in a runoff election for Egypt's president, according to...
(05-25) 14:50 PDT WASHINGTON (AP) -- A needle stored with a beer can appeared to contain an extremely tiny amount of Roger Clemens' DNA, which turned out to be good news and bad news for both sides in the perjury trial...
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Number of the day 12% That's how much Pandora Media shares jumped Thursday after the Internet radio pioneer reported a smaller quarterly loss than analysts had expected. The Oakland company's revenue rose 58 percent to $...
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Pandora Media, the Internet radio pioneer, rose the most since its first day of trading in June after first-quarter results exceeded analysts' estimates on higher mobile advertising sales. Pandora shares hit $12.30, for...
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COMPUTERS HP stock jumps after job cuts announced Hewlett-Packard rose the most in more than a month a day after the world's largest personal-computer maker announced plans to slice its workforce by 27,000 and reported...
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EARNINGS Tiffany cuts profit, sales outlook for the full year Tiffany & Co. cut its outlook for both sales and profit for the year, citing a slowdown in demand for its jewelry not only in the United States but also in...
U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years, and the number of troubled banks fell for the fourth straight quarter. The mostly positive first-quarter earnings...
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Detroit, whose 139 square miles contain 60 percent fewer residents than in 1950, will try to nudge them into a smaller living space by eliminating nearly half its streetlights. As it is, 40 percent of the 88,000...
Twice a week, The Chronicle features a local home on the market that caught our eye for its architecture, history or character. See more photos at www.sfgate.com/ZHQD . Address: 339 Carl St., San Francisco Asking price:...
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A $122 million deal California officials struck with a company to install electric vehicle charging stations across the state came under fire Friday when a competing firm sued to block the agreement, claiming it would...
Twitter will be joined by one of its biggest investors soon after the company moves to San Francisco's Mid-Market neighborhood next month. Benchmark Capital, which bought a stake in the microblogging service three years...
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A couple of times a year, John Alonso, owner of Hayward's Alonso Baking and Foods, gets a phone call from a company saying his business credit has been dinged by too many inquiries. "They tell me if I pay $600 or $700,...
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Number of the day 17 percent That's how much Dell 's stock dropped Wednesday after the company forecast fiscal second-quarter revenue that missed analysts' estimates. It was the biggest decline since 2000. The Texas PC...
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A Contra Costa County woman with a long criminal record and a history of disruptions while in custody has been sentenced to 6 1/2 years in federal prison for stealing $94,325 from a charity. Sharee Hall, 34, of Rodeo...
Diamond Foods agreed to a $225 million investment from Oaktree Capital Management as the snack maker works to rebuild its balance sheet and business while restating two years of earnings. Oaktree will receive...
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REAL ESTATE New-home sales rise in April Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover. New-home sales increased 3.3 percent in April from...
A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday. The Dow was down as much as 191 points earlier as the threat of a financial crisis spreading from Europe shook...
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INTERNET French regulators unhappy with Google's answers Google has two weeks to answer more questions on its privacy policy after providing France's data-protection authority with "often incomplete" responses. Google...
Google's Android operating system runs two-thirds of the smart phones sold in China, yet the company's online app store, Google Play, isn't open for business there because of censorship concerns. That's creating an...
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Hewlett-Packard forecast fiscal third-quarter profit that missed analysts' estimates on slumping demand for printers, data-center equipment and services, and said it will cut 27,000 jobs, or about 8 percent of its staff....
Google, the largest Web search provider, didn't infringe Oracle's patents in developing Android software, a federal jury found in the second phase of an intellectual-property trial in San Francisco. The 10-person jury...
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A Texas company that is aggressively trying to collect second-mortgage debt from hundreds of Californians is facing a class-action suit in Santa Clara County that contends it is carrying out an "insidious and illegal...
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Vanguard has removed its back-end fees on 19 stock-index funds and 14 actively managed funds, effective Wednesday. The fees were 1 or 2 percent of assets sold when shares were unloaded within two months or one year of...
More blows from the West have been raining down on Walmart ahead of what is likely to be a contentious annual shareholders meeting next week. The California Public Employees' Retirement System , which has 7.7 million...
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Number of the day $189,750 That's how much Chrysler's Jeep Grand Cherokee SRT8 sells for in China. The price, inflated by import duties, is more than three times the U.S. cost of $54,470. While there's surging demand...
