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Top News & Analysis San Francisco

  • DETROIT/ SAN FRANCISCO, Dec 14- Three electric-car startups funded by Chinese billionaire Jia Yueting will display vehicles at the giant CES 2017 trade show in Las Vegas next month, and two former executives told Reuters that one of the companies plans to roll out a dozen models through 2026.. They described it as a large, luxury flagship sedan designed to sell for...

  • LOS ANGELES, Dec 14- California regulators on Wednesday adopted the nation's first mandatory energy efficiency rules for computers and monitors- devices that account for 3 percent of home electric bills and 7 percent of commercial power costs in the state. The California standards set benchmarks for machines' overall energy use and leave manufacturers...

  • *Fed funds rate raised to range of 0.50 pct to 0.75 pct. WASHINGTON, Dec 14- The U.S. In a news conference following the unanimous rate decision, Fed Chair Janet Yellen said Donald Trump's election had put the central bank under a "cloud of uncertainty" and already prompted some policymakers to shift their view of what's to come.

  • DETROIT/ SAN FRANCISCO, Dec 14- Three electric-vehicle startups funded by Chinese billionaire Jia Yueting will show off new prototype vehicles at the giant CES 2017 trade show in Las Vegas next month, with one of the companies privately mapping out an ambitious 10- year, 12- vehicle rollout, according to two former executives. On Wednesday, another of the...

  • *Fed funds rate raised to range of 0.50 pct to 0.75 pct. WASHINGTON, Dec 14- The U.S. U.S. stocks were trading marginally lower, but selling picked up speed during Fed Chair Janet Yellen's subsequent news conference.

  • SAN FRANCISCO, Dec 14- Uber has rolled out its self-driving car fleet in its hometown of San Francisco, despite lacking the proper permit that state regulators say is required. It is unclear how many of these cars Uber has in San Francisco. Uber's self-driving cars have been seen around San Francisco since at least September.

  • Uber launches self-driving cars in San Francisco

    The company takes its self-driving vehicles to the streets of its hometown on Wednesday.

  • Dec 14- Neustar Inc, which helps telephone carriers route calls and text messages, said it would be taken private by an investment group led by private equity firm Golden Gate Capital in a deal valued at about $2.9 billion, including debt. San Francisco- based Golden Gate Capital had a stake of about 2.4 million shares in Neustar as of Sept. 30, according to a...

  • Dec 14- Telecommunications company Neustar Inc said on Wednesday it would be taken private by a group led by San Francisco- based private equity firm Golden Gate Capital in a deal valued at about $2.9 billion, including debt.

  • WASHINGTON, Dec 14- Scientists must confront climate change deniers and speak up if U.S. President-elect Donald Trump tries to sideline climate research, Interior Secretary Sally Jewell is due to say on Wednesday. Trump has called climate change a hoax and sought to fill his cabinet with oil industry allies like Texas Governor Rick Perry, the Energy Department...

  • The lawsuit comes just months after Fox News agreed to pay $20 million to settle separate allegations of sexual harassment of female staff at Fox News by Ailes. The federal discrimination lawsuit filed in New York alleges that Ailes offered Lidia Curanaj, whose legal name is Lidija Ujkic, an interview to join the Fox News Network after meeting her at a dinner in...

  • NEW YORK/ WASHINGTON, Dec 13- U.S. officials on Tuesday limited Wells Fargo& Co's ability to grow its business, punishing the bank for not having a sufficient plan to protect markets in the case of bankruptcy. Wells Fargo is one of eight leading banks that must outline how they would be unwound in an orderly way in bankruptcy. Wells Fargo may submit an amended living...

  • NEW YORK/ WASHINGTON, Dec 13- Wells Fargo would damage financial markets if it were pushed to bankruptcy, U.S. regulators said on Tuesday as they imposed restrictions on the bank's business. On Tuesday, regulators determined that Wells Fargo's living will still fell short and that the San Francisco- based bank would be sanctioned, the Federal Deposit Insurance...

  • Wells Fargo was one of five banks to fail an initial assessment in April. On Tuesday, regulators determined that Wells Fargo's living wills fell short and that the San Francisco- based bank would be sanctioned, the Federal Deposit Insurance Corporation said in a statement. Wells Fargo may submit an amended living will by March 31 and regulators may lift...

  • SAN FRANCISCO, Dec 13- Alphabet Inc's Google self-driving car project recast itself as Waymo on Tuesday, an independent entity within the technology giant, as executives suggested the company is close to bringing its autonomous driving to the public. Google's high-profile program, now in its seventh year, has been at the forefront of self-driving technology,...

  • Dec 13- Virtual reality game developer Survios said it raised $50 million in two financing rounds, including an investment from Hollywood film studio Metro-Goldwyn-Mayer. MGM, founded in 1924, is known for its roaring lion logo and has produced, released and controlled many of Hollywood's best-known films, such as Ben-Hur, The Pink Panther and Rocky film...

  • SAN FRANCISCO, Dec 13- Ok. It has been at the forefront of self-driving technology, but is now being challenged by companies from Uber Technologies Inc to Apple Inc and traditional car companies. "It's an indication of the maturity of our technology," John Krafcik, the project's chief executive, told reporters at a press conference in San Francisco.

  • SAN FRANCISCO, Dec 13- Alphabet Inc's Google self-driving car project will become an independent entity within the technology company called Waymo, executives said on Tuesday, signaling a willingness to finally monetize its valuable research amid fierce competition from rivals. It has been at the forefront of self-driving technology, but is now being...

  • Redstone's daughter Shari, who controls CBS's and Viacom's controlling shareholder National Amusements together with her father, told the New York Times Dealbook conference last month that scale was crucial for both companies, because it would give them greater pricing power in content distribution. The chief executives of CBS and Viacom are also...

  • Dec 13- Michael Moritz- chairman of Sequoia Capital and one of the most successful venture capitalists in history- says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups. Led by Sequoia and another blue-chip Silicon Valley firm- Kleiner Perkins Caufield& Byers- venture investors have poured at least $9 billion into...