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Top News & Analysis San Francisco

  • But confusion persisted over details of implementation, in particular for green card holders who are legal residents of the United States. In his most sweeping action since taking office on Jan. 20, Trump, a Republican, put a 120- day hold on allowing refugees into the country, an indefinite ban on refugees from Syria and a 90- day bar on citizens from Iran, Iraq, Libya,...

  • *Ban affects Syria, Iran, Iraq, Libya, Somalia, Sudan, Yemen. WASHINGTON/ NEW YORK, Jan 29- President Donald Trump's order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger on Saturday after immigrants and refugees were kept off flights and left stranded in airports. In his most sweeping decision...

  • *Ban affects Syria, Iran, Iraq, Libya, Somalia, Sudan, Yemen. WASHINGTON/ NEW YORK, Jan 29- President Donald Trump's order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger on Saturday after immigrants and refugees were kept off flights and left stranded in airports. In his most sweeping decision...

  • *Ban affects Syria, Iran, Iraq, Libya, Somalia, Sudan, Yemen. WASHINGTON/ NEW YORK, Jan 29- President Donald Trump's order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger on Saturday after immigrants and refugees were kept off flights and left stranded in airports. In his most sweeping decision...

  • SAN FRANCISCO, Jan 27- San Bernardino, California, won final court approval on Friday for its financial restructuring plan, clearing the way for the city to wrap up the bankruptcy case it launched more than four years ago when its leaders learned it was facing insolvency. Jury's decision capped San Bernardino's efforts, including lengthy negotiations with its...

  • San Bernardino filed for Chapter 9 municipal bankruptcy in 2012, marking the third filing of its kind that year by a California city. San Bernardino's filing came on the heels a report by city staff that said the city faced an imminent financial crisis because it had exhausted its reserves and projected spending for the looming new fiscal year would exceed...

  • Labor Department spokesman Steve Barr told Reuters the site was removed on January 9, but did not comment further on the reasons why it was taken down. Former Labor Department Secretary Thomas Perez created the special website last September, shortly after Wells Fargo was ordered to pay $190 million in fines and customer restitution after its high-pressure...

  • WASHINGTON, Jan 27- The U.S. Department of Labor removed a special website it created as a resource for current and former Wells Fargo employees on workplace issues, including whistleblower retaliation complaints, according to a U.S. lawmaker. Former Labor Department Secretary Thomas Perez created the special website last September, shortly after Wells...

  • *Wall St stocks edge lower; U.S. NEW YORK, Jan 27- A key index of global equity markets slipped from near record highs on Friday after underwhelming corporate earnings and U.S. economic growth data gave investors reason to pause following the recent sharp rally in equity prices. Weakness in Europe weighed on the index and it found little support on Wall Street.

  • Jan 27- Wall Street was little changed on Friday as investors paused after a recent rally following underwhelming corporate earnings and gross domestic product data. Chevron fell 2.2 percent to $113.98 after its quarterly profit fell short of analysts' expectations. The Nasdaq was weighed down by Starbucks, whose shares dropped 3.6 percent to $56.34 after...

  • *Fourth-quarter GDP increases at 1.9 percent rate. WASHINGTON, Jan 27- U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained strength in domestic demand. Gross domestic product increased at a 1.9 percent annual rate, the...

  • WASHINGTON, Jan 27- Democratic Senator Elizabeth Warren on Friday accused the U.S. Labor Department of dismantling a website designed to help Wells Fargo workers file whistleblower retaliation and other complaints against the bank after Donald Trump became president, an accusation denied by the department. Warren, in a letter to Acting Labor Secretary...

  • Jan 27- Wall Street was slightly lower on Friday, weighed down by underwhelming corporate earnings and gross domestic product data. Chevron fell 2 percent to $114.21 after its quarterly profit fell short of analysts' expectations. Starbucks dropped 4 percent to $56.12 after the world's biggest coffee seller trimmed its full-year revenue forecast.

  • Jan 27- With investment firms cutting costs and portfolio managers combating a barrage of information, financial research shops around the globe are looking for new ways to keep their product relevant. A raft of startups have launched to support that effort, offering tools that can use Google search data to get an edge on retail sales, deploy drones to examine...

  • WASHINGTON, Jan 27- After President Donald Trump took office, the U.S. Department of Labor quietly removed a special website it created as a resource for current and former Wells Fargo employees on workplace issues, including whistleblower retaliation complaints, according to a U.S. lawmaker. Former Labor Department Secretary Thomas Perez created the...

  • Jan 27- With investment firms cutting costs and portfolio managers combating a barrage of information, financial research shops around the globe are looking for new ways to keep their product relevant. A raft of startups have launched to support that effort, offering tools that can use Google search data to get an edge on retail sales, deploy drones to examine...

  • Jan 26- Digital Bridge Holdings LLC, a firm that invests in data centers, has agreed to acquire Vantage Data Centers Management Co LLC from buyout firm Silver Lake Partners for well over $1 billion, including debt, people familiar with the matter said on Thursday. Vantage Data Centers, based in Santa Clara, California, was formed in 2010 when Silver Lake acquired a...

  • While advertising still accounts for the lion's share of Google's revenue, rising 17.4 percent to $22.4 billion in the quarter, Alphabet Chief Financial Officer Ruth Porat underscored that the company is broadening its business- pointing to growth in hardware, app sales and the cloud business. The results were met with a mixed reaction from Wall Street, which...

  • LOS ANGELES, Jan 26- Starbucks Corp on Thursday trimmed its full-year revenue forecast and reported a smaller-than-expected rise in quarterly sales at established restaurants in the Americas, sending its shares down 3.8 percent in after-hours trade trade. Starbucks Chief Operating Officer Kevin Johnson told Reuters the disappointing Americas results...

  • LOS ANGELES, Jan 26- Starbucks Corp on Thursday trimmed its full-year revenue forecast and reported a weaker-than-expected rise in quarterly sales at established restaurants in its Americas region, sending shares down 3.8 percent in extended trade. The world's biggest coffee seller said visits to U.S. stores, the heart of the Americas region, were down in a...