Top News & Analysis San Francisco

  • NEW YORK, March 24- Home prices are rising faster than wages in most of the United States, making homeownership increasingly difficult for average Americans in some of the most populous areas of the country, according to a report released on Thursday. The report found that home price growth exceeded wage growth in nearly two thirds of the nation's housing...

  • March 22- A proposal to raise California's minimum wage to $15 an hour by the year 2021 has qualified to be listed on the upcoming November ballot in the state, officials said on Tuesday. "California has led the country on environmental, health and civil rights protections and it's only appropriate that we would become the first state to enact a minimum wage that...

  • SAN FRANCISCO, March 22- Google Inc, long an also-ran in cloud services, has scored an important victory in its effort to win corporate clients: Home Depot is moving some of its data to Google's cloud. Landing Home Depot, the Atlanta- based construction and home-improvement retailer with over 2,000 stores in the U.S., Canada, and Mexico, bolsters Google Cloud's...

  • SAN FRANCISCO, March 22- Google Inc, long an also-ran in cloud services, has scored an important victory in its effort to win corporate clients: Home Depot is moving some of its data to Google's cloud. Landing Home Depot, the Atlanta- based construction and home-improvement retailer with over 2,000 stores in the U.S., Canada, and Mexico, bolsters Google Cloud's...

  • March 22- A security alert was lifted at Denver International Airport on Tuesday after police gave the all-clear to several suspicious packages that had prompted a brief evacuation in the main terminal, the airport said on Twitter. The terminal was fully reopened to passengers but vehicle restrictions remained in place as police worked to clear traffic...

  • "Volkswagen must be held accountable for its false and misleading promotion and sales of its vehicles in the Commonwealth," Kentucky Attorney General Andy Beshear said in a statement. Kentucky is at least the fifth U.S. state to sue VW, along with New Jersey, Texas, New Mexico and West Virginia. District Judge Charles Breyer in San Francisco the status of talks over a...

  • March 22- The U.S. state of Kentucky filed suit against Volkswagen AG and its luxury units Tuesday over the German automaker's excess diesel emissions scandal. Kentucky Attorney General Andy Beshear said VW willfully violated Kentucky's Consumer Protection Act by fraudulently promoting diesels. Kentucky is at least the fifth U.S. state to sue VW, along with...

  • SAN FRANCISCO, March 22- Uber, the high-flying transportation firm, is releasing a technical map of its computer and communications systems and inviting hackers to find weaknesses in exchange for cash bounties. "We're wrapping up a lot of information and posting that to level the playing field so that it could be as easy for outside researchers to find flaws as us,"...

  • The results of the poll were released late on Monday, in the middle of a legal battle between Apple and the U.S. Justice Department over a judge's order that Apple write new software to disable passcode protection on the iPhone used by one of the San Bernardino, California shooters. The two sides were set to face off in court on Tuesday, but late on Monday a federal...

  • *Starwood up after Marriott's higher offer. New York, March 21- Wall Street closed little changed on Monday as investors searched for fresh catalysts and showed concerns about fully-extended share prices after a five-week rally. "I think people are starting to become concerned about valuation here," said Stephen Massocca, chief investment officer at Wedbush...

  • March 21- Apple Inc on Monday unveiled a robotic system called Liam to take apart junked iPhones and recover valuable materials that can be recycled, such as silver and tungsten. Greenpeace welcomed Apple's initiative as an example of how the company is committed to keeping more products out of landfills, but the environmental group questioned how much of an...

  • CUPERTINO, Calif., March 21- Apple Inc on Monday launched its least expensive iPhone, the $399 iPhone SE, filling a hole in its product lineup with a small-screen model that targets new customers in emerging markets and fans of smaller phones as the company tries to reverse falling phone sales. The low-key launch, held at the technology company's Cupertino,...

  • CUPERTINO, Calif., March 21- Apple Inc is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world's biggest buyer of smartphones, as it looks to reverse a decline in worldwide sales of its most important product. It might give the world's best-known technology company a boost in the fast-growing Indian, Middle...

  • SAN FRANCISCO, March 21- Apple Inc. "The iPhone SE provides a new incentive to upgrade for iPhone holdouts who don't want a large-screen phone," said analyst Bob O'Donnell of TECHnalysis Research. Apple has invited reporters to an auditorium at its Cupertino, California headquarters in Silicon Valley on Monday, a cozy venue compared with the massive San Francisco...

  • March 18- A senior editor for Billboard magazine on Friday called an agreement over royalties reached between Spotify and the National Music Publishers Association "a win" for songwriters and for the music streaming service. Musicians have sued Spotify over royalty issues, including singer-songwriter David Lowery who filed his suit in Los Angeles in...

  • March 18- Microsoft Corp apologized for hiring dancers dressed as skimpily-clad schoolgirls for its Game Developer Conference afterparty in San Francisco on Thursday night, responding to media reports citing attendees' pictures on Twitter and Instagram. "It has come to my attention that at Xbox-hosted events at GDC this past week, we represented Xbox and...

  • March 18- Twitter Inc's 140- character tweets are here to stay, Chief Executive Jack Dorsey said on Friday, ending speculation that the microblogging site might abandon one of its trademark features for a 10,000- character limit. It's a good constraint for us and it allows for of-the-moment brevity, "Dorsey said on NBC's Today Show. A Twitter spokesman declined...

  • SAN FRANCISCO, March 17- An Uber executive lost a bid to throw out a breach of contract lawsuit filed against him by his former employer, Lyft, in advance of a trial scheduled for next month, according to a tentative ruling by a California state judge on Thursday. San Francisco Superior Court Judge Harold Kahn on Thursday rejected Vanderzanden's motion to defeat...

  • WASHINGTON, March 17- Federal Reserve policymakers urging caution over interest rate hikes have gained the upper hand in the central bank's internal debate, but the risk for the U.S. economy is that they are wrong to downplay a recent rise in inflation. In words that echo those of colleagues on the Fed's dovish wing, Fed Chair Janet Yellen told a news conference on...

  • WASHINGTON, March 17- Federal Reserve policymakers urging caution over interest rate hikes have gained the upper hand in the central bank's internal debate, but the risk for the U.S. economy is that they are wrong to downplay a recent rise in inflation. In words that echo those of colleagues on the Fed's dovish wing, Fed Chair Janet Yellen told a news conference on...