×

Top News & Analysis San Francisco

  • SAN FRANCISCO— The Latest on a ruling to block a California law that allows entertainment professionals to force a website to remove their ages.:. A federal judge in San Francisco has blocked a California law that allows actors and other entertainment professionals to force a popular industry website to remove their ages. Jerry Brown signed in September was...

  • NEW YORK, Feb 22- Jeffrey Ubben, the chief executive officer of activist investor ValueAct Capital, told Reuters on Wednesday that his firm had been taking money out of the capital markets as valuations have become overextended, leaving it with $3 billion in cash. ValueAct, based in San Francisco, manages around $16 billion. The fund's largest holding is a $2.4...

  • The San Francisco- based company, which is run by Twitter Inc Chief Executive Jack Dorsey, posted a quarterly loss of 4 cents per share on revenue of $452 million. Analysts on average had expected a loss of 9 cents per share on revenue of $450 million, according to Thomson Reuters I/B/E/S. Chief Financial Officer Sarah Friar said growth was boosted by business from...

  • NEW YORK, Feb 22- Jeffrey Ubben, the chief executive of activist investor ValueAct Capital, told Reuters on Wednesday that his firm had been taking money out of the capital markets as valuations have become overextended, leaving it with $3 billion in cash. ValueAct, based in San Francisco, manages around $16 billion. The fund's largest holding is a $2.4 billion...

  • NEW YORK, Feb 22- Jeffrey Ubben, the chief executive of ValueAct Capital, told Reuters on Wednesday that his firm has been disinvesting in the capital markets as valuations have become overextended, leaving it with $3 billion in cash. ValueAct, based in San Francisco, manages around $16 billion. The fund's largest holding is a $2.4 billion stake in Microsoft Corp,...

  • SAN FRANCISCO— A California law that restricts a popular Hollywood website from posting actors' ages raises First Amendment concerns and does not appear likely to combat age discrimination in the entertainment industry in any meaningful way, a federal judge said Wednesday. Chhabria said the law prevented IMDb from publishing factual information on its...

  • PALO ALTO, Calif.— Kenneth J. Arrow, the youngest-ever winner of a Nobel prize for economics, whose theories on risk, innovation and the basic mathematics of markets have influenced thinking on everything from voting to health insurance to high finance, has died. Arrow died Tuesday at his home in Palo Alto, in the San Francisco Bay Area, according to his son, David Arrow.

  • A push by the Newark, New Jersey- based insurer for Wells to cover its costs could become another headache for the San Francisco- based bank, whose sales practices have been under a spotlight. Last year, federal regulators ordered Wells Fargo to pay $190 million in fines and restitution because they said its high pressure sales environment pushed employees to...

  • SAN FRANCISCO _ Fitbit Inc. on Wednesday reported a fourth-quarter loss of $146.3 million, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share. For the current quarter ending in April, Fitbit expects its results to range from a loss of 20 cents per...

  • SAN FRANCISCO _ Square Inc. on Wednesday reported a loss of $15.2 million in its fourth quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share. Seven analysts surveyed by Zacks expected $453 million.

  • A push by the Newark, New Jersey- based insurer for Wells to cover its costs could become another headache for the San Francisco- based bank, whose sales practices have been under a spotlight. Last year, federal regulators ordered Wells Fargo to pay $190 million in fines and restitution because they said its high pressure sales environment pushed employees to...

  • A real estate agent shows a home to a prospective buyer in Miami.

    In local markets across the nation, there are too few listings to meet the strong buyer demand.

  • "It has been hard for us to keep up, with lots of folks running backup for each other," says Brandon Dudley, vice president of the Chicago- based company that arranges bus charters for events ranging from nights on the town to long-distance trips. In its latest report, the U.S. Centers for Disease Control and Prevention said 35 states had moderate to high levels of flu...

  • SEATTLE, Feb 22- General Electric will put cameras, microphones and sensors on 3,200 street lights in San Diego this year, marking the first large-scale use of "smart city" tools GE says can help monitor traffic and pinpoint crime, but raising potential privacy concerns. San Diego is a test of "internet of things" technology that GE Current provides for commercial...

  • The National Association of Realtors reports on January sales of existing U.S. homes Wednesday at 10 a.m. Eastern. Economists forecast sales will tick up to a seasonally adjusted 5.55 million, up from 5.49 million in December. :Sales of existing homes slipped in December to a seasonally adjusted annual rate of 5.49 million.

  • Feb 21- Shares in U.S. private prison operators CoreCivic Inc and Geo Group, already buoyed by hopes they would profit from a Republican administration, may rise further on immigration curbs and narrow a valuation gap with REIT peers. The U.S. Immigration and Customs Enforcement's detention centers are all outsourced to private operators.

  • SAN FRANCISCO _ ServiceSource International Inc. on Tuesday reported a loss of $8.5 million in its fourth quarter. For the current quarter ending in April, ServiceSource said it expects revenue in the range of $55 million to $58 million. ServiceSource shares have climbed 6.5 percent since the beginning of the year.

  • San Francisco, California

    Buyers with lower household incomes can expect heavy competition for the listings they can afford, NBC News reports.

  • NEW YORK— Wells Fargo's board of directors said it is firing four senior managers as part of its investigation into the bank's sales practices scandal. The board said Tuesday the four are Claudia Anderson, the former community bank chief risk officer, Pamela Conboy, the lead regional president in Arizona, Shelly Freeman, the former regional president in Los...

  • *Q4 adj profit $2.02/ shr vs est $1.96/ shr. Macy's is in the midst of a turnaround engineered by Chairman and Chief Executive Terry Lundgren, closing underperforming stores and separating its real estate assets from its retail business to better monetize its physical stores. The company said on Tuesday it sold its men's clothing store in San Francisco's Union...