San Francisco


  • FRANKFURT, Sept 16- The Frankfurt judge who issued an injunction against online taxi service Uber from operating a novel car-sharing service in Germany appeared ready to rebuff an appeal on Tuesday by the firm, which has argued it should not be subject to taxi rules.

  • Exploring 'graveyard of ships' near San Francisco Tuesday, 16 Sep 2014 | 3:09 AM ET

    GULF OF THE FARALLONES NATIONAL MARINE SANCTUARY— Federal researchers are exploring several underwater sites where ships sank while navigating in the treacherous waters west of San Francisco in the decades following the Gold Rush.

  • PG&E officials removed for improper communications Monday, 15 Sep 2014 | 5:36 PM ET

    SAN FRANCISCO— Four senior officials with Pacific Gas& Electric Co. and the state commission regulating it were removed or resigned over emails released Monday showing the utility and state regulators appeared to negotiate which judge would be assigned to hear one of the utility's rate cases.

  • SAN FRANCISCO, Sept 15- Alibaba Group Holding Ltd is prepared to raise the price range on its initial public offering to $66 to $68 a share, from $60 to $66 previously, The Wall Street Journal reported on Monday, citing people familiar with the matter. Alibaba's executives are currently touring several major cities on the company's global roadshow.

  • NEW YORK, Sept 15- U.S. "There was a lot of anxiety last week about the Fed... and that had pushed yields up but at this point the market may have adequately priced in all that," said Robert Tipp, chief investment strategist at Prudential Fixed Income in Newark, New Jersey.

  • Twitch: Amazon's gaming move Monday, 15 Sep 2014 | 2:32 PM ET

    Amazon wants to dominate a lot of different industries, from e-commerce to cloud services, and the company is now getting serious about video games.

  • Jacques Pepin says no slowing down as show ends Monday, 15 Sep 2014 | 11:34 AM ET

    Jacques Pepin soon will begin production on what his longtime television network is calling his final cooking series, but the chef who has taught generations of Americans to cook says he's far from retiring.

  • NEW YORK, Sept 15- U.S. "It's that circular argument that weak growth is going to inhibit the Fed from raising rates any time soon," said Kim Rupert, managing director at Action Economics in San Francisco. Trading was also driven in part by unexpectedly strong New York State manufacturing data but which also contained weak jobs indicators, Rupert said.

  • Islamic State's Twitter silence raises questions Friday, 12 Sep 2014 | 7:59 PM ET

    SAN FRANCISCO/ WASHINGTON, Sept 12- Islamic State's Twitter users, which have trumpeted the group's violent acts and worldview on the social media service, have gone abruptly quiet in past days.

  • Syncora, which pegs its claim at about $400 million, worked out a three-part deal involving city-owned land and contracts.

  • Correction: Hewlett-Packard-Russian Bribes story Friday, 12 Sep 2014 | 5:37 PM ET

    It was a Russian subsidiary of Hewlett-Packard, not Hewlett-Packard Co.. Hewlett-Packard subsidiary pleads to bribery of Russian government officials, gets $58.7 M fine.

  • WASHINGTON, Sept 12- U.S. retail sales rose broadly in August and consumer sentiment hit a 14- month high in September, supporting expectations for sturdy economic growth in the third quarter.

  • Fight over World War II-era tank goes to court Friday, 12 Sep 2014 | 11:01 AM ET

    REDWOOD CITY, Calif.— A company headed by Microsoft co-founder Paul Allen has filed a lawsuit in the San Francisco Bay Area over a World War II-era German tank it says it paid $2.5 million for but never received. After his death, his family turned them over to the Massachusetts- based Collings Foundation, which put some of them up for auction in Portola Valley in July.

  • LONDON, Sept 12- Just as vaccines work by stimulating the body's immune system, last year's selloff may have helped emerging markets build defences against the damage they have suffered during past U.S. rate rise cycles. This week's market moves are rekindling memories of past emerging market crises, after a paper from the San Francisco branch of the U.S.

  • US threatened Yahoo with huge fine over emails Friday, 12 Sep 2014 | 3:36 AM ET

    WASHINGTON— Yahoo's free email service could have cost the company an extra quarter of a million dollars a day. "Any further delay in Yahoo's compliance could cause great harm to the United States, as vital foreign intelligence information contained in communications to which only Yahoo has access, will go uncollected."

  • TOKYO, Sept 11- Rakuten Inc, Japan's largest e-commerce company, has been actively considering launching a service like website Airbnb that would provide a hub to rent apartments and homes in Japan to short-term guests, two people with knowledge of the developing plans told Reuters.

  • HP fined $58.7M for bribery of Russian government Thursday, 11 Sep 2014 | 8:30 PM ET

    SAN FRANCISCO— Hewlett-Packard Co. pleaded guilty Thursday to felony charges that former employees bribed Russian government officials for a contract, and the company has been fined $58.7 million.

  • Yahoo says gov't threatened $250,000 a day fine Thursday, 11 Sep 2014 | 6:15 PM ET

    WASHINGTON— Yahoo said Thursday the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an expansion of U.S. surveillance by surrendering online information, a step the company regarded as unconstitutional.

  • California home sales drop to 4-year August low Thursday, 11 Sep 2014 | 6:13 PM ET

    IRVINE, Calif.— The number of homes sold in California fell to the lowest level for an August in four years as a supply crunch pushed prices higher and kept homes out of reach for many buyers, a real estate research company reported Thursday.

  • Sept 11- The Financial Industry Regulatory Authority has narrowed its search for a new head of its arbitration unit to two of its own long-time officials, according to a person familiar with the matter.