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Top News & Analysis San Francisco

  • SAN FRANCISCO, Nov 13- Siemens AG, Europe's biggest industrial group, is nearing a deal to buy Mentor Graphics Corp, which makes software for designing semiconductors, for $4.5 billion to $4.6 billion in cash, according to people familiar with the matter. The deal could be announced as soon as Monday, according to the sources, who requested anonymity because the...

  • Nov 12- The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according to people familiar with the matter. The deal, if completed, would mark the largest investment...

  • Nov 12- The private investment arm of Koch Industries, the industrial conglomerate of the billionaire Koch brothers, is nearing a deal to acquire a significant minority stake in Infor Inc that will value the business software company at roughly $10 billion, according to people familiar with the matter. The deal, if completed, would mark the largest investment...

  • Sushovan Hussain, a UK resident who was Autonomy's CFO at the time of its $11 billion acquisition by HP, was charged in an indictment filed on Thursday in federal court in San Francisco with conspiracy and wire fraud. Hussain, who remains in the United Kingdom, has not been arrested. Last year, HP sued Autonomy's co-founder Mike Lynch and Hussain, seeking $5.1...

  • Sushovan Hussain, a UK resident who was Autonomy's CFO at the time of its $11 billion acquisition by HP, was charged in an indictment filed on Thursday in federal court in San Francisco with conspiracy and wire fraud. Hussain, who remains in the United Kingdom, has not been arrested. Last year, HP sued Autonomy's co-founder Mike Lynch and Hussain, seeking $5.1...

  • Twitter partnered with BuzzFeed to host an election night broadcast on Tuesday and attracted major advertisers, including Paramount Pictures, Amazon.com Inc's "Man in the High Castle," Activision Blizzard Inc's "Call of Duty," Johnnie Walker and Izod. San Francisco- based Twitter declined to say how much it charged brands to be included in the livestream, but said...

  • Republican president-elect Donald Trump delivers his acceptance speech during his election night event at the New York Hilton Midtown in the early morning hours of November 9, 2016 in New York City.

    Next week, Recode is hosting their first-ever summit about the future of work and how innovative companies are growing differently.

  • Nov 11- Insurers have begun offering protection for cross-border deals that might fall apart due to regulatory scrutiny, targeting Chinese companies that are aggressively pursuing acquisitions in the United States. CFIUS has already derailed a number of high-profile deals, and President-elect Donald Trump's tough talk on China has made the future of that...

  • Twitter Inc partnered with BuzzFeed to host their election night broadcast on Tuesday and attracted major advertisers, including Paramount Pictures, Amazon's "Man in the High Castle," Activision Blizzard's "Call of Duty," Johnnie Walker and Izod. Chief Financial Officer Anthony Noto, who attended BuzzFeed's election night broadcast in New York, will replace...

  • *Medicaid funding plan could squeeze state budgets. Nov 11- U.S. municipal bonds could lose favor with investors under President-elect Donald Trump's proposals to cut personal income tax rates, thereby reducing the benefit of the bonds' tax exemption, analysts said. "Tax reform is a key risk for munis- and one not reflected in current pricing," Morgan Stanley...

  • *Medicaid funding plan could squeeze state budgets. Nov 11- U.S. municipal bonds could lose favor with investors under President-elect Donald Trump's proposals to cut personal income tax rates, thereby reducing the benefit of the bonds' tax exemption, analysts said. "Tax reform is a key risk for munis- and one not reflected in current pricing," Morgan Stanley...

  • Nov 10- Phupinder Gill, chief executive of CME Group Inc since 2012, will retire at year's end, the world's largest futures market operator said in a statement on Thursday. Executive Chairman Terrence Duffy has taken on the additional role of CEO, and Bryan Durkin, chief commercial officer currently, was made president of the company. Malaysia- born, Singapore-...

  • SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific Business and Investment Briefing: Panel Discussion, "Leveraging Regional Strengths to Grow Chinese Trade and Investment"- 2330 GMT. MONDAY, NOVEMBER 14 SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific...

  • SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific Business and Investment Briefing: Panel Discussion, "Leveraging Regional Strengths to Grow Chinese Trade and Investment"- 2330 GMT. MONDAY, NOVEMBER 14 SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in Pacific...

  • NEW YORK, Nov 10- Chicagoans and other residents of Cook County will see soft-drink prices rise after a new tax on sugary beverages was narrowly approved by county officials on Thursday, aimed at both addressing health issues linked to sugar consumption and trimming a budget shortfall. Voters in San Francisco and two other northern California cities, Oakland...

  • Nov 10- Wells Fargo& Co Chief Executive Officer Tim Sloan told workers on Thursday the bank was changing the handling of whistleblower complaints after allegations it retaliated against employees who called an ethics hotline to report sales abuses. Sloan announced the change to a gathering of about 2,000 employees in Des Moines, Iowa, as part of a "...

  • The company's shares rose 3 percent in after-hours trade to $4.85 after closing at $4.71 on the Nasdaq. Total revenue rose to $112 million in the quarter, up 36 percent from $82.6 million. The company posted a net profit of 16 cents a share compared with a net loss of 41 cents a share in the same quarter last year.

  • Shares of Nordstrom rose 13 percent in after-hours trading on Thursday after closing the regular session up 7.2 percent at $56.03. Nordstrom raised its fiscal 2016 outlook to $2.85- $2.95 per share from $2.60- $2.75 to incorporate the better-than-expected third-quarter results. Kohl's Chief Executive Kevin Mansell said he was encouraged by a strong...

  • Nov 10- U.S. voters on Tuesday approved 562 of 698 state, school and local government bond measures on ballots, clearing the way for the issuance of $60.23 billion of municipal debt, data company Ipreo reported on Thursday. Voters rejected 111 measures totaling $6.98 billion of bonds and results for 25 bond measures totaling $2.9 billion were not available,...

  • SAN DIEGO, Nov 10- A U.S. judge on Thursday tentatively rejected a bid by Donald Trump to keep a wide range of statements from the presidential campaign out of an upcoming fraud trial over his Trump University venture. The 2010 lawsuit, one of three over the defunct Trump University venture, was filed on behalf of students who say they were lured by false promises to...