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Top News & Analysis San Francisco

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  • ANN ARBOR, Mich.— India's largest SUV maker is ready to make its debut on U.S. roads. Mahindra hopes to win over city and campus dwellers with a $2,999, Vespa-like electric scooter called the GenZe, which goes on sale this fall in California, Oregon and Michigan. Sales could soon expand to other states and Europe.

  • SAN FRANCISCO— A federal judge granted class-action status Tuesday to a lawsuit in California against Uber over the payment of its drivers, upping the stakes for the ride-hailing company in the case. The ruling increases the number of potential California plaintiffs in the suit that claims Uber drivers are incorrectly classified as independent...

  • NEW YORK— Yahoo CEO Marissa Mayer is promising to be away from the job for just a "limited time" when she gives birth to twins later this year, but the development only adds to the uncertainty some investors have long had about Yahoo. Mayer, 40, said Tuesday she and her husband are expecting twin girls in December and she said she plans to work through the pregnancy much...

  • Three drivers sued Uber in a federal court in San Francisco, contending they are employees and entitled to reimbursement for expenses, including gas and vehicle maintenance. District Judge Edward Chen in San Francisco said drivers could sue as a group on the question of whether they are employees or contractors, and over their demand for payment of tips that...

  • *China factory activity shrinks at fastest pace in 3 years. NEW YORK, Sept 1- World stock indexes and oil prices slumped on Tuesday as weak Chinese data fueled worries about a slowdown in its economy, the world's second biggest, and sparked more market turmoil. The moves followed a stormy week that left investors concerned about further market losses due to slowing...

  • District Judge Edward Chen in San Francisco said drivers could sue as a group. Such a designation means the suit could cover more than 160,000 California drivers and could give plaintiffs more leverage to negotiate a settlement. In June, a California labor commissioner ruled that an Uber driver was an employee, not a contractor.

  • SAN FRANCISCO, Sept 1- A U.S. judge said on Tuesday Uber drivers are entitled to class action status in litigation over whether they are independent contractors or employees, part of a case that could have wide implications for the sharing economy. Three drivers sued Uber in a federal court in San Francisco, contending they are employees and entitled to...

  • Sept 1- A federal appeals court on Tuesday revived three lawsuits in which the City of Miami accused Wells Fargo& Co, Bank of America Corp and Citigroup Inc of predatory mortgage lending to black and Hispanic borrowers. District Judge William Dimitrouleas in Fort Lauderdale, Florida dismissed Miami's lawsuits. "It is clear that the harm the city claims to have...

  • WASHINGTON— The last major piece of President Barack Obama's health care law could raise costs for thrifty consumers as well as large corporations and union members when it takes effect in 2018.. The so-called Cadillac tax was meant to discourage extravagant coverage. Critics say it's a tax on essentials, not luxuries.

  • SAN FRANCISCO— Google is refining its famous logo as it prepares to become a part of a new holding company called Alphabet. Although this will be the sixth time that Google has changed its logo since Larry Page and Sergey Brin formed the company, this marks the most noticeable redesign since it dropped an exclamation point that appeared after its name until May...

  • Customers in Chicago, Los Angeles and parts of New York can order other items from the convenience store chain, including chicken wings, cold medicine and paper towels. Stores in Washington D.C. and Boston will offer delivery in the coming months, the companies said, and more cities are planned. McDonald's, Chipotle and Starbucks are working with delivery company...

  • Sept 1- ValueAct Capital Management LP, the $18 billion activist hedge fund, recorded a 1.6 percent gain in the second quarter of 2015, a "difficult year" for its strategy due to falling oil prices and China's slowdown, according to a letter to its investors. "We took action to position the portfolio for the long term this quarter by selling shares in our high return...

  • SAN FRANCISCO— Judge grants class-action status to case in California against Uber over payment of drivers.

  • Sept 1- Two of America's biggest public pension funds have come together to oppose an amendment of bylaws at Bank of America Corp that would allow Brian Moynihan to continue as both chief executive and chairman of the No. 2 U.S. bank by assets. Calstrs and Calpers together hold less than 1 percent of the total shares outstanding in Bank of America.

  • SAN FRANCISCO— Yahoo CEO Marissa Mayer is going to give birth to twins while trying to deliver a long-promised turnaround at the struggling Internet company. As she did after having a son nearly three years ago, Mayer plans to take a brief break from her Yahoo job instead of taking full advantage of a company benefit providing 16 weeks of paid leave for mothers.

  • Sept 1- Two of America's biggest public pension funds have come together to oppose an amendment of bylaws at Bank of America Corp that would allow Brian Moynihan to continue as both chief executive and chairman of the No. 2 U.S. bank by assets. Calstrs and Calpers together hold less than 1 percent of the total shares outstanding in Bank of America.

  • SAN FRANCISCO— Microsoft's new Windows 10 system offers more personalization than before, but it also collects more data than people might be used to on PCs, from contacts and appointments to their physical location and even Wi-Fi passwords. The information is used by Cortana, Microsoft's voice-activated digital assistant, and other new features that try to...

  • *S&P 500 posts biggest monthly percentage drop since May 2012. The S&P 500 registered its biggest monthly percentage drop since May 2012 after being pummeled in the past two weeks on concerns about slowing growth in China. "If they move in September, it's going to cast a lot of doubt about where they will stop," said Stephen Massocca, chief investment officer at...

  • Chipotle sued over GMO-free menu claims Monday, 31 Aug 2015 | 5:05 PM ET

    Aug 31- Chipotle Mexican Grill Inc's new GMO-free menu claims have lured diners and boosted the burrito chain's stock price, but it has some consumers crying foul. A California woman has accused the popular chain in a lawsuit of false advertising after it trumpeted on April 27 that it was the first national restaurant company to use only ingredients that are...

  • SAN FRANCISCO— A lengthy investigation into whether Google has been abusing its dominance of Internet search to stifle competition in India is moving into its next phase. The allegations are similar to other accusations of illegal self-promotion in the U.S., Europe and other parts of the world. The Mountain View, California, company is already facing...