GO
Loading...

San Francisco

More

  • Williams-Sonoma fined $700,000 for faulty shades Thursday, 30 Oct 2014 | 4:34 PM ET

    NEW YORK— Williams-Sonoma Inc. has agreed to pay a $700,000 fine after the government accused the home goods retailer of taking too long to report that its window shades posed a strangulation hazard to children. The Consumer Product Safety Commission says Williams-Sonoma knew in 2007 that kids were getting entangled in shades sold by its Potter Barn Kids...

  • Online stores fight Amazon for piece of retail pie Thursday, 30 Oct 2014 | 12:55 PM ET

    NEW YORK— Amazon has a place in many Americans' lives because of its low prices and seemingly endless array of goods. But Amazon— which commands about 20 percent of all U.S. e-commerce— has its own problems, too. Here are ways to have an Amazon- like shopping experience while avoiding the behemoth itself.

  • SAN FRANCISCO, Oct 30- Minted, an online marketplace for stationery and art, has raised $38 million in new financing as it taps into consumer demand for small-batch, high-participation manufacturing, it said Thursday. Companies such as San Francisco- based 99 designs, Chicago- based crowdSpring, and Sydney, Australia- based DesignCrowd allow other businesses to...

  • Apple CEO publicly acknowledges that he's gay Thursday, 30 Oct 2014 | 7:28 AM ET

    NEW YORK— Apple CEO Tim Cook's declaration that he's "proud to be gay" wasn't exactly news in Silicon Valley, where his sexual orientation was no secret. Cook, who led Out magazine's top 50 most powerful people for three years, said in the essay that while he never denied his sexuality, he never openly acknowledged it, either. Besides Cook, there are no other openly gay...

  • Glu Mobile tops 3Q profit forecasts Thursday, 30 Oct 2014 | 5:03 AM ET

    SAN FRANCISCO _ Glu Mobile Inc. on Thursday reported earnings of $10.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. Analysts expected $84.2 million, according to Zacks.

  • Judge approves California city's bankruptcy plan Thursday, 30 Oct 2014 | 3:46 AM ET

    SACRAMENTO, Calif.— A judge on Thursday approved a plan that allows Stockton to leave bankruptcy protection by eliminating more than $2 billion in long-term debt payments without touching the city's pension obligations. Bankruptcy Judge Christopher Klein marked an end to Stockton's Chapter 9 status, first sought in 2012.. "This plan, I'm persuaded, is the best...

  • BEIJING Oct 29- China's dominant search engine Baidu Inc said it would continue to invest significantly to adapt its business to the mobile era, a transition that has tripped up other Internet peers born in the desktop PC era like Google Inc.. Sometimes known as the " Google of China," Baidu reported lower-than-expected 52 percent increase in third quarter...

  • WhatsApp founders own nearly $9B in Facebook stock Wednesday, 29 Oct 2014 | 6:50 PM ET

    SAN FRANCISCO— WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their unprofitable messaging service to the social networking leader earlier this month. The breakdown of the big winners in Facebook Inc.' s $22 billion acquisition emerged Wednesday in a regulatory...

  • Trulia meets 3Q profit forecasts Wednesday, 29 Oct 2014 | 5:48 PM ET

    SAN FRANCISCO _ Trulia Inc. on Wednesday reported a loss of $24 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for a loss of 8 cents per share. Analysts expected $69.5 million, according to Zacks.

  • Oct 29- Baidu Inc posted a less-than-expected 52 percent surge in third-quarter revenue, even as mobile traffic for China's dominant Internet search engine continued to grow. On Wednesday, the company referred to as " China's Google" forecast a 45.4 to 49.6 percent rise in revenue this quarter, generally in line with Wall Street projections but a marginal...

  • Identity theft victims lose more than money Wednesday, 29 Oct 2014 | 4:13 PM ET

    WASHINGTON— Personal data was stolen from 100 million Americans this year in cyber-attacks and thefts from retailers, banks and hospitals. While the financial hit to people and companies is real, the emotional impact can be "life-altering," says Terrell McSweeny, a member of the Federal Trade Commission, at a conference Wednesday. It's essential "to remember that...

  • Startup tries to 'Poynt' stores in new direction Wednesday, 29 Oct 2014 | 9:31 AM ET

    That's the point of Poynt, a versatile terminal built to take advantage of rules requiring stores to be equipped to handle payment cards with computer chips by October 2015 to avoid financial liability for fraudulent transactions. The shift is also expected to spur more innovation from opportunistic newcomers such as Poynt, the Palo Alto, California, startup...

  • UPDATE 1-Behind the scenes of Sanofi's boardroom bust up Wednesday, 29 Oct 2014 | 8:25 AM ET

    PARIS, Oct 29- A boardroom tussle brewing for months at Sanofi came to a head on Wednesday when France's top drugmaker fired its chief executive, wiping more billions off its share price. While the showdown played out in leaks to national newspapers has stunned investors as a "how not to do it" guide to corporate governance, the writing was on the wall in the...

  • RPX Corp. tops Street 3Q forecasts Wednesday, 29 Oct 2014 | 5:03 AM ET

    SAN FRANCISCO _ RPX Corp. on Wednesday reported third-quarter net income of $10.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. For the current quarter ending in December, RPX Corp. said it expects revenue in the range of $67 million to $69.6 million.

  • Food trucks arrive in food-crazy Belgium Wednesday, 29 Oct 2014 | 4:26 AM ET

    Belgium takes its food seriously— and adventurously— so when the American-style food trucks rolled in, there was little doubt the result would be a bit different. At a recent food truck festival in the port city of Antwerp, young entrepreneurs cooked up a multi-ethnic storm. The wafting aroma of everything from Indonesian satays to BBQ pork and stone-oven pizza...

  • Digital Realty Trust reports 3Q results Tuesday, 28 Oct 2014 | 6:48 PM ET

    SAN FRANCISCO _ Digital Realty Trust Inc. on Tuesday reported a key measure of profitability in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of $1.21 per share. Digital Realty Trust expects full-year funds from operations in the range of $4.90 to $4.95 per share.

  • CAI beats Street 3Q forecasts Tuesday, 28 Oct 2014 | 5:21 PM ET

    SAN FRANCISCO, Calif. _ CAI International Inc. on Tuesday reported earnings of $16.4 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share. Analysts expected $57.4 million, according to Zacks.

  • Xoom tops 3Q profit forecasts Tuesday, 28 Oct 2014 | 5:19 PM ET

    SAN FRANCISCO _ Xoom Corp. on Tuesday reported third-quarter profit of $398,000. Analysts expected $40.3 million, according to Zacks. For the current quarter ending in December, Xoom expects its per-share earnings to range from 3 cents to 6 cents.

  • McKesson tops Street 2Q forecasts Tuesday, 28 Oct 2014 | 5:10 PM ET

    SAN FRANCISCO _ McKesson Corp. on Tuesday reported profit of $469 million in its fiscal second quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.74 per share. McKesson expects full-year earnings in the range of $10.50 to $10.90 per share.

  • FBI says it faked AP story to catch bomb suspect Tuesday, 28 Oct 2014 | 3:49 PM ET

    SEATTLE— The FBI confirmed Tuesday it faked an Associated Press story to catch a bomb threat suspect in 2007, but now says it did not spoof a Seattle Times Web page as part of the investigation. The "communication," which contained a software tool that could verify Internet addresses, turned out to be a link to a phony AP story about the bomb threats posted on a Web page...