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  • Total debt: Fiscal year 2015 debt service is $56 million, representing 6.6 percent of BART's operating budget. Funding sources: Fares, a 75 percent share of a half-cent sales tax in San Francisco, Alameda and Contra Costa counties, and a dedicated property tax assessment in those counties. Age of system: The Chicago Transit Authority began full operations on Oct. 1,...

  • Wildfires are chewing through parched parts of the West, including a resurgent blaze in California that forced residents of some desert communities to flee their homes. Residents of the tiny Mojave communities of Burns Canyon and Rimrock were ordered to leave their homes Thursday. The forecast calls for weekend thunderstorms, which could produce mixed...

  • A spokesman for the private Boston 2024 group confirmed Friday that the much-anticipated rollout of "version 2.0" of the plan, which was first unveiled in January, will come during a 10 a.m. event at the Boston Convention and Exhibition Center. The release comes a day before a June 30 meeting of the U.S. Olympic Committee's board of directors in San Francisco, where...

  • Home solar power company Sunrun files for IPO Thursday, 25 Jun 2015 | 4:55 PM ET

    NEW YORK— Sunrun Inc., a solar power company, filed plans Thursday to launch an initial public offering. It expects the stock to trade on the Nasdaq stock exchange under the symbol "RUN." The company currently operates in 15 states, including New York, California, Nevada, New Jersey and South Carolina.

  • SAN FRANCISCO— The latest models of Google's self-driving cars are now cruising the streets near the Internet company's Silicon Valley headquarters as an ambitious project to transform the way people get around shifts into its next phase. Last year, Google Inc. told reporters it hoped to have a 100 of the self-driving prototypes in its fleet by now, but the...

  • Bristol-Myers to stop new antiviral drug research Thursday, 25 Jun 2015 | 11:08 AM ET

    June 25- Bristol-Myers Squibb said on Thursday that it would stop efforts to find new antiviral drugs and cut 100 related jobs. The company said a research facility is expected to open in Cambridge, Massachusetts in 2018 and that the expansion of an R&D site in San Francisco Bay Area is likely to be completed by 2016.. Bristol-Myers' stock was up marginally at...

  • Bristol-Myers Squibb to shift research jobs Thursday, 25 Jun 2015 | 10:59 AM ET

    HARTFORD, Conn.— Bristol-Myers Squibb Co. will expand its presence in research centers in Cambridge, Massachusetts, and San Francisco, as it cuts jobs in Connecticut, the biopharmaceutical company announced Thursday. The New York- based company will open a research site in Cambridge— home to the Massachusetts Institute of Technology and Harvard— in 2018 and...

  • NEW YORK— On a trip to Maine with four friends, Alexander Culbertson racked up $1,300 on gas, hotel rooms, food and drinks. "It would have been a nightmare for all of us to evenly split every transaction," says Culbertson, 26, a Boston advertising executive. For Dan Callahan, 22, a digital marketing manager in Philadelphia, using Venmo means avoiding the awkward...

  • *SEC says freezes assets of Luo Haijian, CEO of 4399 Co Ltd. In a New York court filing, the SEC says 33- year old Luo, who is the chief executive of 4399 Co Ltd, bet Qihoo's stock price would rise in the short term by purchasing $700,000 of "out of the money" call options through a U.S. brokerage account prior to the buyout announcement. "The suspicious timing and size of Luo's...

  • California court says 'sweepstakes' games are illegal Thursday, 25 Jun 2015 | 5:06 AM ET

    SAN FRANCISCO— Computerized "sweepstakes" games offered at special Internet cafes are the equivalent of slot machines that are illegal under state law, the California Supreme Court ruled Thursday. "When the user, by some means, causes the machine to operate, and then plays a game to learn the outcome, which is governed by chance, the user is playing a slot machine,"...

  • SHANKSVILLE, Pa.— A $26 million visitors center complex at the Flight 93 National Memorial will be dedicated and open to the public Sept. 10, a day before the 14th anniversary of the terror attacks. The new center near Shanksville, about 75 miles southeast of Pittsburgh, consists of two buildings, a 4,700- square-foot learning center that will play host to...

  • Kim Kardashian is joining a prestigious list that includes Teddy Roosevelt, Martin Luther King Jr., Dwight D. Eisenhower, Bill Clinton and Bill Gates. The 34- year-old reality star is set to speak to San Francisco's venerable Commonwealth Club next week to discuss her new book of selfies and her famous family. A spokeswoman for the Commonwealth Club said...

  • Kim Kardashian to speak to prestigious Commonwealth Club Wednesday, 24 Jun 2015 | 7:32 PM ET

    Kim Kardashian is joining a prestigious list that includes Teddy Roosevelt, Martin Luther King Jr., Dwight D. Eisenhower, Bill Clinton and Bill Gates. The 33- year-old reality star is set to speak to San Francisco's venerable Commonwealth Club next week to discuss her new book of selfies and her famous family. A spokeswoman for the Commonwealth Club said...

  • Airbnb looks to expand Cuba listings to non-Americans Wednesday, 24 Jun 2015 | 3:59 PM ET

    HAVANA— Online home-rental service Airbnb says it is exploring a significant expansion of its operations in Cuba two months after it became the first major U.S. business to enter the island in decades. Chief technology officer Nathan Blecharczyk, one of the firm's three co-founders, told The Associated Press on Wednesday during his first trip to Havana that...

  • The settlement filed in U.S. District Court in New Mexico came after years of negotiation among federal officials, the plant owners and environmentalists who sued over permits. The plant's operator, Arizona Public Service Co., said upgrades made to the Four Corners Power Plant in northwestern New Mexico were part of routine maintenance and didn't require...

  • Mini aims for best of both worlds with car-sharing scheme Wednesday, 24 Jun 2015 | 10:14 AM ET

    BERLIN, June 24- British carmaker Mini has joined the rush to solve the problem of customers abandoning car ownership in favour of car-sharing, launching a scheme that effectively offers buyers the chance to offset the purchase price by renting out their vehicles. The Mini plan announced on Wednesday will work by expanding parent BMW's existing DriveNow...

  • Ford jumps into the car-sharing pool with pilot program Wednesday, 24 Jun 2015 | 8:49 AM ET

    NEW YORK— Ford is following the ride-sharing craze, launching its own pilot program in six U.S. cities and in London. Ford Motor Co. said that 14,000 customers in the U.S. will be invited to participate, along with 12,000 in London. The program is being offered through November to Ford Credit customers in Chicago, Washington D.C., Portland, Oregon and California...

  • Trim gym trend turning fitness fans into business owners Wednesday, 24 Jun 2015 | 4:30 AM ET

    NEW YORK— Slim one-room gyms are in, and the low cost of starting them is turning gym rats and workout instructors into entrepreneurs. Classes can be pricy, at about $30 each, but that's not keeping people away. "We started this with zero dollars," says Brittany Blum, co-owner of yoga studio Ritual San Francisco.

  • Tips for starting a boutique fitness studio Wednesday, 24 Jun 2015 | 4:30 AM ET

    Opening a studio can cost as little as $30,000, says health club consultant Bryan O'Rourke, but can soar to as much as $500,000. Kari Saitowitz, the owner of The Fhitting Room in New York, paid more than she expected on soundproofing the company's first location, which is on the first floor of a residential building. ClassPass is a subscription service that charges...

  • U.S. West Coast refiners snap up Russian crude cargoes Wednesday, 24 Jun 2015 | 2:57 AM ET

    SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices as they look to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from...