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Business & Markets
Business & Markets, company news, stock markets, finance, real estate
San Francisco’s Sales Tax Revenue Tumbles Despite Tourism Boom
San Francisco’s sales tax revenue, a key metric of economic activity, dipped during the last three quarters of 2023 compared to the same period the prior year.
April 27, 2024
BY
Lear Zhou
California Bill Would Put Some CLEAR Users in Their Own Airport Line
The measure would let CLEAR operate at its current locations with no change. But new operations in other ...
April 27, 2024
BY
Jill McLaughlin
Office Market Availability Rate Hits Record High in San Francisco
Much of the issue, experts say, is the city’s reliance on the tech industry, with more than 44 ...
April 27, 2024
BY
Travis Gillmore
LA County Opens $4.1 Million Grant Program for Businesses Impacted by COVID, Strikes
LOS ANGELES—A new $4.1 million grant program is available for small and micro businesses impacted by both the ...
April 26, 2024
BY
City News Service
Tesla Stock Price Up, Despite Lower Revenue
After its latest quarterly financial report, Tesla's stock saw a significant surge of more than 12 percent during ...
April 26, 2024
BY
Enrico Trigoso
Newsom Touts Battery Storage Progress as California Moves Toward Full Electric Reliance
The governor highlighted a series of recent records set by the state’s power grid, including 40 out of ...
April 26, 2024
BY
Sophie Li
LA Water and Power Department Approves $750,000 Salary for New Director
Janisse Quiñones, a former exec at PG&E, was Mayor Bass's pick to fill the spot after a nationwide ...
April 26, 2024
BY
Jill McLaughlin
California-Based EV Maker Fisker Cruising Toward Bankruptcy
If Fisker can't get a break from debt holders, it could file for bankruptcy by mid-June.
April 25, 2024
BY
Jill McLaughlin
California Ranked World’s 5th Largest Economy for 7th Straight Year
The Golden State maintained its position, following the United States, China, Germany, and Japan.
April 25, 2024
BY
Sophie Li
California Committee Dismisses Bill to Block Fixed Rate Utility Charge Based on Income
The bill sought to set a cap of $10 for monthly fixed charges, in contrast to the PUC's ...
April 25, 2024
BY
Travis Gillmore
Mixed Earnings Reports Deliver Market Jitters
Commentary After a strong first quarter, the historically robust market month of April is suffered a bad spell. ...
April 24, 2024
BY
Louis Navellier
California Bill Would Make Insurers Offer More Discounts for Fire Mitigation
Supporters say property owners should be rewarded for thinning brush and attending fire-related events. Insurers say they'd be ...
April 24, 2024
BY
Rudy Blalock
Tesla Cutting 3,300 Jobs in California After Automaker Reports Drop in Revenue
Tesla is laying off more than 3,300 workers in California and more than 2,600 workers in Texas, the ...
April 24, 2024
BY
Katabella Roberts
Amazon Pulls Out of Drone Delivery in California
The online retailer didn't say why it's leaving, but low demand could be a factor.
April 23, 2024
BY
Jill McLaughlin
Local Governments One Step Closer to Regulating Autonomous Vehicle Rollouts
A bill that lets local authorities issue permits for the vehicles and ensure their safe operation advances in ...
April 23, 2024
BY
Rudy Blalock
Tesla Laying Off Over 2,000 Employees in Texas Amid Global Workforce Slash
Tesla owner Elon Musk says the layoffs 'will enable us to be lean, innovative, and hungry for the ...
April 23, 2024
BY
Tom Ozimek
2 More Home Insurers Say Goodbye to California
Tokio Marine America and and Trans Pacific were not huge players in the market, but their departure continues ...
April 23, 2024
BY
Rudy Blalock
California Bill Would Require Retailers, Restaurants to Cash Out Gift Cards
The measure applies to amounts of $25 or less that can get 'stranded' on cards, lawmakers say. Restaurants ...
April 23, 2024
BY
Brian Back
San Francisco Real Estate Markets Continue to Sink, Offering Opportunities for Buyers
Several high-profile office buildings have sold at a fraction of their previous value. The residential market has also ...
April 22, 2024
BY
Brian Back
San Francisco Says I Told You, Sues Oakland Over Airport Name
The city says including 'San Francisco' in the name is trademark infringement. Oakland says, ''No one owns the ...
April 22, 2024
BY
Rudy Blalock
California Bill Aiming to Revitalize Downtown San Francisco Passes First Legislative Hurdle
It would temporarily remove environmental reporting requirements to save projects years of potential litigation and appeals.
April 21, 2024
BY
Jill McLaughlin
Los Angeles County Residents Hit New Lows in Quality-of-Life Survey
People are fed up with the high cost of living, especially women, Latinas, and renters. Many respondents said ...
April 19, 2024
BY
Jill McLaughlin
Lawmaker Targets California Companies That Hide Ownership
To boost transparency, a state senator's bill would require LLCs, or limited liability companies, to identify their owners.
April 19, 2024
BY
Jill McLaughlin
Google Fires 28 Workers After Employees Staged Protest Over Company Providing Services to Israel
Google fired 28 employees after the protests held across two of the company's offices on April 16. The ...
April 19, 2024
BY
Kos Temenes
Even California Fire Stations Can’t Get Fire Insurance
Lawmakers were shocked to hear that a Tehama County station north of Sacramento couldn't issue bonds for a ...
April 19, 2024
BY
Rudy Blalock
Netflix Gains Subscribers, Boost Revenue After Crackdown on Password Sharing
Streaming giant Netflix's crackdown on password sharing appears to be working for the company, which gained more than ...
April 19, 2024
BY
Katabella Roberts
Amid Budget Shortfall, San Francisco Reexamines Tax Burden on Big Businesses
City leaders are negotiating with business execs and labor to craft reforms that would simplify taxes.
April 18, 2024
BY
Brian Back
TOP NEWS
Tesla’s Autopilot Results in Hundreds of Crashes, Multiple Fatalities, Federal Authorities Say
NEW
By
Jacob Burg
Beyond Lead: A Pediatrician’s Concerns With ‘Lunchables’ and School Lunch Standards
NEW
By
Joel Warsh
Police, Universities Clear Encampments and Make Arrests of Pro-Palestinian Protesters on Campuses
NEW
By
Kos Temenes
Trump Endorses Trent Staggs to Replace Mitt Romney in Senate
2hr
By
Naveen Athrappully
Rosacea: 9 Main Causes, 4 Natural Treatment Modalities
5hr
By
Terri Ward
Drag Queen Leads Children in ‘Free Palestine’ Chant at Queer Storytime for Palestine
7hr
By
Alice Giordano
Georgia Democrat Makes Abortion Key Issue in Election Bid for State Supreme Court
11hr
By
T.J. Muscaro
‘I’m Not Done’: Arizona Lawmaker Commits to Combating Forced Organ Harvesting After Bill Veto
15hr
By
Eva Fu
Justice Kavanaugh Warns of Vicious Cycle of Malicious Prosecutions That Could End Presidency
16hr
By
Tom Ozimek
Los Angeles’s Transit System Declares Public Safety Emergency Amid Escalating Violence
17hr
By
Beige Luciano-Adams