GO
Loading...

San Francisco

More

  • On Jan. 25, 1915, to celebrate the completion of the Panama Canal and to show that San Francisco had recovered from the 1906 earthquake and fire, American Telephone and Telegraph Co. conducted a call between the city and New York before the opening of the Panama-Pacific International Exposition and World's Fair in San Francisco. The original phones will be on...

  • NEW YORK— Royal Bank of Canada plans to boost its services for wealthy clients by paying about $5.4 billion in cash and stock to buy U.S.-based City National. City National is a Los Angeles wealth management company and lender that serves high net worth individuals and businesses. City National said it has $32.6 billion in assets and manages or administers...

  • NEW YORK Jan 22- New Jersey governor Chris Christie plans on Thursday to introduce former Detroit emergency manager Kevyn Orr as part of an emergency management team for struggling Atlantic City, according to a press invitation to the event. A former corporate bankruptcy lawyer at the firm Jones Day, he most recently guided Detroit through the biggest-ever...

  • NEW YORK, Jan 22- U.S. The ECB said it would buy government bonds from this March until the end of September 2016 despite opposition from Germany's Bundesbank and concerns in Berlin that it could allow spendthrift countries to slacken economic reforms. "It's pretty aggressive, slightly more than the market was looking for," said Wilmer Stith, a fixed income...

  • The economics aren't easy, said Girard co-owner Brian Oliveira. The unusual model highlights a debate about pay and conditions in an industry that employs 10 percent of the U.S. workforce, according to the National Restaurant Association. The group doesn't track the number of no-tip models among the nation's nearly 1 million eateries, but examples have popped...

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Reports: Google planning to sell wireless phone service Wednesday, 21 Jan 2015 | 9:35 PM ET

    SAN FRANCISCO— Google is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile, according to reports published Wednesday. If everything falls into place, Google Inc. could offer discounted wireless data plans that would pressure other major carriers to offer better deals and services or risk losing...

  • Uber raises $1.6 billion in financing from Goldman Sachs Wednesday, 21 Jan 2015 | 5:32 PM ET

    NEW YORK— Popular ride-hailing app Uber has raised $1.6 billion in a deal with Goldman Sachs wealth management clients. Goldman Sachs spokeswoman Andrea Raphael says the financing comes in the form of a bond that can later be converted into stock when Uber goes public. That puts it in the ballpark of public companies such as DirecTV and Kraft Foods.

  • Dolby Laboratories tops 1Q profit forecasts Wednesday, 21 Jan 2015 | 4:36 PM ET

    SAN FRANCISCO _ Dolby Laboratories Inc. on Wednesday reported fiscal first-quarter net income of $41.4 million. Analysts expected $239.1 million, according to Zacks. For the current quarter ending in March, Dolby Laboratories expects its per-share earnings to range from 60 cents to 66 cents.

  • SAN FRANCISCO— San Francisco Bay Area officials have begun laboratory tests and necropsies on dead seabirds found coated with a mysterious substance that looks and feels like dirty rubber cement. More than 125 dead birds have been found along the bay's shorelines, said Andrew Hughan, spokesman for the California Department of Fish and Wildlife.

  • Fox loses U.S. copyright claims over Dish ad-skipper Tuesday, 20 Jan 2015 | 7:50 PM ET

    Jan 20- A U.S. judge has rejected portions of Twenty-First Century Fox Inc's lawsuit seeking to stop Dish Network Corp from selling devices that let viewers skip over commercials when playing back shows. District Judge Dolly Gee in Los Angeles rejected copyright claims that Fox had brought over the Hopper, Dish's digital recording device.

  • NEW YORK— A Florida bitcoin exchanger who admitted he enabled the digital currency to be funneled to the black market website Silk Road for drug sales was sentenced on Tuesday to four years in prison. The Fort Myers Beach, Florida, resident admitted earning about $30,000 in commissions by enabling drug transactions from December 2011 through October 2013.

  • HAWTHORNE, Calif.— SpaceX has raised $1 billion from Google and Fidelity in a deal that values the spaceship manufacturer at about $10 billion. The infusion announced Tuesday will give Google Inc. and Fidelity Investments a nearly 10 percent stake in SpaceX, a Hawthorne, California, company that employs more than 3,000 people. Musk, 43, also has publicly talked...

  • SAN FRANCISCO— Coming off its best quarter yet, Netflix is hoping to hook millions more Internet video subscribers with the lure of original programming as it accelerates its international expansion in an effort to build the leading network for the digital-streaming age. Netflix Inc. added 13 million worldwide subscribers last year, including 4.3 million...

  • The new hedge fund firm, Hudson Executive Capital LP, is headed by Douglas Braunstein, a former JPMorgan chief financial officer, and James Woolery, the investment bank's one-time co-head of North American mergers and acquisitions. Traditional activist investors, such as Carl Icahn and William Ackman, tend to agitate for change, often trying to replace a...

  • NEW YORK— Twitter said Tuesday that it plans to buy Indian mobile marketing company ZipDial as it tries to reach new users in developing regions. The San Francisco company did not disclose financial details or when it expects the deal to close. Founded in 2010, ZipDial has created campaigns for beverage maker PepsiCo and toy maker Mattel Inc., according to its...

  • Following a yearlong investigation, officials on Saturday arrested Brian Richard Farrell, 26, who told federal agents he was "the right-hand man" to the operator of Silk Road 2. 0. Farrell used the moniker "DoctorClu" and was among a small staff of online administrators and forum moderators who helped with the day-to-day operation of the website, according to a...

  • Alitalia's new strategy envisions new routes from Rome to Dusseldorf, San Francisco, Beijing, Santiago, Chile, among other cities, and extra flights to New York, Chicago, Rio de Janeiro and Abu Dhabi, Etihad's hub. Strategy focuses on three Italian hubs: Milan's Malpensa airport for increased long-haul flights; Milan's Linate for more connections to partner...

  • SAN FRANCISCO— The death of 100 birds in the San Francisco Bay Area has baffled wildlife officials who say the creatures' feathers were coated with a mysterious substance that looks and feels like rubber cement. Necropsies and lab tests will be done Tuesday, but results may not be known until later this week, California Department of Fish and Wildlife spokesman...

  • Va. man charged with killing ex's new husband Tuesday, 20 Jan 2015 | 6:53 AM ET

    ASHBURN, Va.— A northern Virginia man who claimed a role as a co-founder of the address book software company Plaxo is accused of fatally shooting his ex-wife's new husband at her home while the woman and three of her children were inside, authorities said. It was not immediately clear if the woman or her children witnessed the shooting of Corey Mattison, who had wed...