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  • Gap misses Street 3Q forecasts Thursday, 20 Nov 2014 | 4:18 PM ET

    SAN FRANCISCO _ Gap Inc. on Thursday reported fiscal third-quarter earnings of $351 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Analysts expected $4.01 billion, according to Zacks.

  • Assassin's Creed Unity delay hurts GameStop's revenue Thursday, 20 Nov 2014 | 4:15 PM ET

    Nov 20- GameStop Corp, the world's largest retailer of video game products, reported a marginal fall in quarterly revenue, hurt by the delayed release of action game Assassin's Creed Unity. Net income dropped to $56.4 million, or 50 cents per share, in the third quarter ended Nov. 1, from $68.6 million, or 58 cents per share, a year earlier. The Grapevine, Texas- based...

  • Gap names heads of namesake brand, Banana Republic Thursday, 20 Nov 2014 | 4:04 PM ET

    NEW YORK— Gap Inc. issued a full-year profit outlook that was below Wall Street expectations and announced management changes at its Gap and Banana Republic brands. As part of the executive overhaul, Jeff Kirwan will become global president for the Gap brand in December, and Andi Owen, who heads up Gap Outlet's division, will become global president for Banana...

  • Longer visas for Chinese could spur US tourism Thursday, 20 Nov 2014 | 11:59 AM ET

    Chinese visitors are already familiar faces in major U.S. destinations such as New York City, San Francisco and Las Vegas, but other parts of the country could also see some a boost. "One simple decision like this... is going to reap tremendous benefits to the country," said Chris Thompson, president and CEO of Brand USA, the public-private partnership responsible for...

  • Thanksgiving getaway: 46.3 million to hit the road Thursday, 20 Nov 2014 | 10:00 AM ET

    NEW YORK— The good news for Thanksgiving travelers: the price of gas is at five-year lows. AAA says the average retail price for gasoline is $2.85 per gallon, 43 cents cheaper than Thanksgiving Day last year. With the average car getting 18.5 miles per gallon, that means a family driving 300 miles will save $6.97 in fuel this holiday.

  • Treasury debt prices rose on Thursday, as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe. But pessimistic data out of Europe and China outweighed the impact of sturdy U.S. data. "This one snapshot of inflation doesn't undo all the potential headwinds in China, Japan, and...

  • Facebook shuttle drivers vote to unionize Thursday, 20 Nov 2014 | 9:38 AM ET

    Facebook shuttle bus drivers voted Wednesday to unionize to get better pay and working conditions, which could lead other service workers to unionize.

  • PG&E fined over alleged secret dealings Thursday, 20 Nov 2014 | 3:10 AM ET

    SAN FRANCISCO— State regulators Thursday fined Pacific Gas& Electric Co. and required its shareholders to cover as much as $400 million of a planned gas rate increase because of backroom negotiations between the utility and regulators. The California Public Utilities Commission voted 3-0 in favor of the penalty, which stems from recently released emails...

  • University tuition increases adopted in California Thursday, 20 Nov 2014 | 3:06 AM ET

    SAN FRANCISCO— The University of California voted Thursday to approve tuition increases of as much as 5 percent in each of the next five years unless the state devotes more money to the 10- campus system. The Board of Regents adopted the increases proposed by UC President Janet Napolitano with a 14-7 vote. "Seeing you all come in laughing and smiling and talking...

  • Facebook shuttle drivers vote to unionize Thursday, 20 Nov 2014 | 12:42 AM ET

    MENLO PARK, Calif.— Facebook shuttle bus drivers voted Wednesday to unionize in an attempt to get better pay and working conditions, a move that experts say could lead other service workers in Silicon Valley to unionize. "This is the change we've been waiting for, but we'll see what happens when we start negotiating a contract," elated driver Cliff Doi told the San...

  • EBay retools local delivery push in renewed bet on retail Wednesday, 19 Nov 2014 | 9:14 PM ET

    SAN FRANCISCO, Nov 19- EBay Inc is retooling its local delivery program and extending more logistics options to smaller merchants that make up the bulk of the e-commerce giant's sprawling base of marketplace sellers, an executive said on Wednesday. More of eBay's smaller sellers, including some with annual sales under $100,000, will allow shoppers to buy items...

  • SAN FRANCISCO, Nov 19- Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share. The deal between the two companies will start in December and is set to last five years,...

  • Yahoo replaces Google as Firefox's default search Wednesday, 19 Nov 2014 | 5:30 PM ET

    SAN FRANCISCO— Yahoo will supplant Google's search engine on Firefox's Web browser in the U.S., signaling Yahoo's resolve to regain some of the ground that it has lost in the most lucrative part of the Internet's ad market. Google's current contract with Mozilla expires at the end of this month, opening an opportunity for Yahoo to pounce. Yahoo is hoping to impress...

  • Uber investigating if exec broke 'God' app rules Wednesday, 19 Nov 2014 | 4:33 PM ET

    The probe, confirmed Wednesday, stems from allegations that Josh Mohrer, general manager of Uber's New York office, used a company tracking tool called "God View" to monitor the location of a BuzzFeed reporter earlier this month. That executive, Emil Michael, made his remarks in New York during a dinner that was also attended by Uber CEO Travis Kalanick and a list of...

  • Salesforce.com's 3Q tops views but guidance soft Wednesday, 19 Nov 2014 | 4:21 PM ET

    SAN FRANCISCO— Salesforce.com Inc. on Wednesday reported better-than-expected quarterly results, but its guidance missed estimates. Analysts expected $1.37 billion, according to Zacks. For the current quarter ending in January, Salesforce.com expects its per-share earnings to range from 13 cents to 14 cents.

  • Williams-Sonoma beats Street 3Q forecasts Wednesday, 19 Nov 2014 | 4:18 PM ET

    SAN FRANCISCO— Williams-Sonoma Inc. on Wednesday reported strong quarterly results and raised its full-year guidance, giving its stock a lift in after-hours trading. Analysts expected $1.12 billion, according to Zacks. For the current quarter ending in January, Williams-Sonoma said it expects revenue in the range of $1.53 billion to $1.58 billion.

  • SAN FRANCISCO, Nov 19- A San Francisco Bay Area entrepreneur and author whose location in an Uber vehicle was allegedly broadcast to a roomful of party-goers without his permission considered legal action against the company and consulted an attorney, he said on Wednesday. He singled out Pando Daily editor Sarah Lacy, saying researchers would be able to prove "a...

  • Chicago issues first ridesharing licenses Wednesday, 19 Nov 2014 | 1:58 PM ET

    CHICAGO— Chicago has granted its first two ridesharing licenses to San Francisco- based companies Lyft and Sidecar. The City Council passed an ordinance in May establishing a licensing and regulatory framework for the young industry. Besides being licensed by the city, rideshare companies in Chicago must conduct driver background checks and training,...

  • Nov 19- Shares of Paramount Group Inc rose as much as 5.7 percent in market debut, valuing the owner of San Francisco's landmark One Market Plaza building and Washington DC's Liberty Place at $4.51 billion. Paramount shares opened at $18.49 on the New York Stock Exchange and touched a high of $18.50. Founded in 1978 by German mail-order entrepreneur Werner Otto,...

  • Ridesharing service Uber expands in Nordics Wednesday, 19 Nov 2014 | 10:13 AM ET

    HELSINKI— Uber is expanding its app-based taxi and ridesharing services in the Nordic region, to include the cities of Helsinki, Oslo and Copenhagen. The San Francisco- based company, which claims operations in 47 countries, launched its service in the capitals of Finland, Norway and Denmark on Wednesday. The company's regional manager Jo Bertram said it had...