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Top News & Analysis San Francisco

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  • To Cheryl Hendricks in parched California, it's simple: To put food on the table "we rely on agriculture." She and her husband are taking shorter showers and removing lawn in response to California's four-year drought, but for growers and ranchers "it's more important for them to have it. In California, for example, agriculture accounts for 80 percent of all water...

  • Aug 3- The No. 2 U.S. wireless carrier AT&T Inc said it will bundle its wireless service with DirecTV's pay-TV offerings after the $48.5 billion deal was approved last month. The newly expanded AT&T leapfrogs the biggest U.S. cable company Comcast Corp Corp.. The company said it would serve more than 55 million customers in the United States, Latin America and the...

  • SAN FRANCISCO, Aug 2- Janet Yellen made her reputation as an early spotter of the looming slump seven years ago when she highlighted some unorthodox indicators of decline in consumer spending: tummy tucks, gourmet dining and country club memberships. As chief of the San Francisco Fed back in 2008, Yellen joked to colleagues at a somber policy-setting meeting...

  • Uber faces the 'last 1bn person market' left Sunday, 2 Aug 2015 | 2:14 AM ET
    A woman uses the Uber app on a smartphone as a taxi cab drives by.

    Uber's battle with Bangalore-based Ola carries special significance, given the huge potential size of India's underdeveloped market. The FT reports.

  • The Canadian researchers who created hitchBOT as a social experiment told The Associated Press that someone in Philadelphia damaged the robot beyond repair early Saturday, ending its first American tour after about two weeks. The kid-size robot set out to travel cross-country after successfully hitchhiking across Canada in 26 days last year and parts of...

  • WASHINGTON— Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For American consumers who have become used to flat or even falling prices for several years, an unfamiliar sight has emerged in many corners of the economy: Inflation is ticking up.

  • Researchers warn of bogus emails offering Windows 10 Friday, 31 Jul 2015 | 8:28 PM ET

    SAN FRANCISCO— Some hackers are exploiting Microsoft's offer of free upgrades to its new Windows 10 operating system. Researchers at Cisco Systems say the emails are designed to look like an official upgrade notice from Microsoft Corp., but several words have random, out-of-place letters and punctuation. Another important clue: Microsoft says its update...

  • Good Housekeeping magazine once dubbed the service a "fashionista's playground." The results have been lackluster so far, barely budging Yahoo's revenue. The acquisition, which hasn't closed yet, will mark a homecoming for three of Polyvore's co-founders, Jianing Hu, Guangwei Yuan and Pasha Sadri.

  • Judge William Orrick in San Francisco issued a temporary restraining order against the Center for Medical Progress hours after the order was requested by the National Abortion Federation. The National Abortion Federation sued in federal court in San Francisco, alleging the Center for Medical Progress infiltrated its meetings and recorded its members.

  • SAN FRANCISCO— Facebook CEO Mark Zuckerberg and his pediatrician wife, Priscilla Chan, are expecting a baby. The co-founder of the world's largest social network used a Facebook post Friday to announce that Chan is pregnant with a healthy baby daughter. He didn't say when the baby is due.

  • NEW YORK— Uniform and first aid products company Cintas Corp. is buying ZEE Medical from McKesson Corp. for about $130 million in cash, expanding its position in emergency services products. The deal is expected to add between $110 and $120 million in annual revenue for Cintas. Cincinnati, Ohio- based Cintas expects the deal to close on Aug. 1.

  • Uber, driver attorneys maneuver toward crucial hearing Friday, 31 Jul 2015 | 12:59 PM ET

    SAN FRANCISCO, July 31- Uber Technologies Inc is jostling with drivers suing for reimbursement of their expenses in advance of an important hearing next week in the fight over whether drivers are independent contractors or employees entitled to benefits. Three drivers sued Uber in a federal court in San Francisco, contending they are employees and entitled...

  • SEATTLE— Menu prices are up 21 percent and you don't have to tip at Ivar's Salmon House on Seattle's Lake Union after the restaurant decided to institute the city's $15- an-hour minimum wage two years ahead of schedule. Seattle's law, adopted last year after a strong push from labor and grass-roots activists, bumped the city's minimum wage to $11 an hour beginning...

  • Lawsuit accuses CVS of overcharging for generic drugs Thursday, 30 Jul 2015 | 7:41 PM ET

    SAN FRANCISCO— CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at inflated prices, according to a lawsuit filed Thursday in federal court in San Francisco. "We've seen people who pay $20 for a 30- day supply as their copayments on a drug that was $11.99 for a 90- day supply had...

  • Digital Realty Trust reports 2Q results Thursday, 30 Jul 2015 | 5:45 PM ET

    SAN FRANCISCO _ Digital Realty Trust Inc. on Thursday reported a key measure of profitability in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of $1.25 per share. Digital Realty Trust expects full-year funds from operations to be $5.33 to $5.43 per share.

  • SILVER SPRING, Md.— Hillary Rodham Clinton on Thursday offered some support for a proposal in the Senate that would raise the federal minimum wage to $12 an hour, hinting that the higher rate sought by labor unions doesn't have enough support. Patty Murray that would increase the rate to $12 an hour by 2020, which is several dollars less than the $15 backed by labor...

  • SAN FRANCISCO, July 30- Oracle Corp's long-running legal battle with Google Inc over Google's Android operating system for smartphones and other devices probably will not proceed to another trial until the middle of 2016, a U.S. judge said on Thursday. Oracle is seeking royalties for Google's use of some of the Java language, while Google argues it should be...

  • NEW YORK, July 30- Google Inc will have to make do with the low rate it must offer Microsoft Corp to use some of its Motorola Mobility patents after a U.S. appeals court on Thursday ruled the licensing rate had been properly set. Microsoft sued Motorola in 2010, alleging Motorola had breached its obligation to offer licenses at a reasonable cost.

  • US home rental prices rise again in June Thursday, 30 Jul 2015 | 9:54 AM ET

    But there are signs of slowing momentum around major job hubs such as New York, Los Angeles and Washington. Real estate data firm Zillow said Thursday that U.S. rental prices rose a seasonally adjusted 4.3 percent in June from a year ago. "Rents are insanely unaffordable on a historical basis in the United States right now," said Stan Humphries, chief economist at...

  • Virgin America's 2Q profit beats Wall Street forecasts Thursday, 30 Jul 2015 | 8:51 AM ET

    Virgin America's second-quarter profit beat Wall Street expectations on cheaper fuel, and the airline plans to grow at a double-digit rate next year after it starts flying to Hawaii. For example, he said, Virgin will resume flights between San Francisco and Fort Lauderdale, Florida, and offer an additional daily flight to New York from both San Francisco and Los...