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Top News & Analysis San Francisco

  • Feb 28- In formulating a new executive order limiting travel to the United States, President Donald Trump has promised to make the directive harder to fight successfully in court than the one he issued in January. More than two dozen lawsuits were filed in U.S. courts against the initial travel ban, which temporarily barred travelers from Iran, Iraq, Libya, Somalia,...

  • NEW YORK/ BOSTON, Feb 28- Fidelity Investments Inc and Charles Schwab Corp made moves in quick succession on Tuesday to slash trade commissions, accelerating the race to zero and foreshadowing a more important battle to win clients for potentially more lucrative services. Fidelity cut its commissions to trade stocks and exchange-traded funds to $4.95, from...

  • LOS ANGELES, Feb 28- Alphabet Inc's YouTube will launch a live TV service in the next few months that offers the four major U.S. broadcast networks plus cable channels, YouTube Chief Executive Susan Wojcicki said on Tuesday. The service, called YouTube TV, will cost $35 a month for six accounts, Wojcicki told reporters at an event at YouTube's production space in Los...

  • NEW YORK/ BOSTON, Feb 28- Fidelity Investments Inc and Charles Schwab Corp made moves in quick succession on Tuesday to slash trade commissions, accelerating the race to zero and foreshadowing a more important battle to win clients for potentially more lucrative services. Fidelity cut its commissions to trade stocks and exchange-traded funds to $4.95, from...

  • Shireen Yates, co-founder and CEO of Nima

    Two MIT classmates developed this portable sensor that detects gluten in food, taking the anxiety out of dining out.

  • Michael Winn, CEO and co-founder of DroneDeploy

    Since 2013, DroneDeploy's technology has been used in 130 countries, and users have mapped more than 5 million acres of land.

  • 8 x8 shares rose as much as 14 percent on the news and ended trading up 10 percent at $16.15 in New York on Friday, giving the company a market capitalization of close to $1.5 billion. Based in San Jose, California, 8 x8 competes with companies in the so-called voice over internet protocol sector, including RingCentral Inc, Vonage Holdings Corp and Shoretel Inc..

  • Feb 24- Canada's MacDonald Dettwiler and Associates Ltd said it would buy U.S.-based satellite imagery provider DigitalGlobe Inc for about C $3.10 billion, the biggest deal yet in a fast-consolidating earth-imaging satellite market. DigitalGlobe's satellites supply high-resolution images to its customers such as the U.S. Department of Defense and...

  • Although there is little movement on Capitol Hill to make Trump's infrastructure vow a reality, governors have sent the White House a list of 428 projects they say are ready to go with some extra federal spending. Democratic California Governor Jerry Brown has asked for $120 billion, saying that since the state made up 12 percent of the U.S. economy it deserves 12...

  • "We have prayerfully looked at all possible options, trusting God's plan for our organization, and the difficult decision to liquidate is our only recourse," Chuck Bengochea, the company's president, said in a statement. The chain filed for Chapter 11 bankruptcy in February 2015 with more than $120 million in debt in the face of a sales slump amid growing...

  • Macy's, whose flagship locations include Herald Square in Manhattan and Union Square in San Francisco, is also planning to carve out storefront space for high-end retailers and lease or sell that space, Chief Executive Terry Lundgren said on Tuesday. "We are looking for opportunities to bring in other retailers to take that square footage that we are able to...

  • BRUSSELS, Feb 23- Alphabet Inc's Google and subsidiary Jigsaw launched on Thursday a new technology to help news organisations and online platforms identify abusive comments on their websites. The technology, called Perspective, will review comments and score them based on how similar they are to comments people said were "toxic" or likely to make them leave a...

  • WASHINGTON, Feb 23- The U.S. Treasury Department said it will extend its search for criminals who seek to launder money by buying U.S. real estate. Treasury Department Financial Crimes Enforcement Network will extend for 180 days a rule ordering title insurance companies to report to authorities all-cash purchases in parts of California, Texas, Florida and New...

  • Feb 23- Norwegian Air Shuttle ASA plans to offer transatlantic flights on 10 new routes between the United States and Europe with tickets starting at $65 one way, putting pressure on U.S. and European rivals to compete, it said on Thursday. Norwegian's $65 fares will be for a one-way ticket to UK and Irish destinations from smaller airports in New York state,...

  • Feb 23- Norwegian Air Shuttle ASA on Thursday announced plans to offer transatlantic flights on 10 new routes between the United States and Europe starting at $65, ramping up pressure on U.S. and European rivals. Norwegian is expanding its network of flights to the United States from mid-June after receiving long-awaited approval late last year for its Irish...

  • Feb 23- The U.S. housing market will rise steadily and contribute significantly to economic growth in the coming year, according to a majority of analysts in a Reuters poll who nearly all agreed that further stimulus was not required. Steady turnover will drive home prices to rise at almost double the current rate of expected underlying consumer inflation and...

  • Beginning in mid-June, the low-cost European carrier will launch one-way flights from Stewart International Airport in Orange County, New York, T.F. Green Airport in Providence, Rhode Island, and Bradley International Airport in Hartford, Connecticut to destinations in Ireland and the United Kingdom. This compares to one-way New York to Dublin air ticket...

  • 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...