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Top News & Analysis San Francisco

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  • Calif. gas prices equal all-time high Saturday, 6 Oct 2012 | 6:24 AM ET

    LOS ANGELES-- The price of gasoline equaled the all-time average high in California of $4.61 a gallon Saturday, fueled by a reduced supply and a volatile market. AAA's Daily Fuel Gauge report released Saturday said the average price for a gallon of regular unleaded across California rose 12 cents from its Friday mark of about $4.49.

  • Calif. gas prices will rise, then fall next week Saturday, 6 Oct 2012 | 4:21 AM ET

    LOS ANGELES-- California gas prices will increase for several more days before leveling off after a temporary reduction in supply triggered a price spike that saw fuming motorists paying $5 or more per gallon in some locations and station owners shutting down pumps in others.

  • TAIPEI/ SAN FRANCISCO, Oct 6- Foxconn, the Taiwanese made-to-order electronics giant that assembles Apple Inc's products, denied reports that a plant in China was crippled by a strike, saying on Saturday that its production is on schedule at an important time for Apple.

  • SAN FRANCISCO, Oct 6- Zynga Inc's inexorable decline over the past six months, capped by a sharp reduction in its 2012 outlook on Thursday, has sharpened interest in what Chief Executive Mark Pincus will do next. Zynga did launch several such games this year, including "The Ville" and "ChefVille," and is working on several more.

  • SAN FRANCISCO, Oct 5- Thousands of workers went on strike Friday at a Foxconn plant in central China that makes Apple Inc's iPhone 5, paralyzing production of the smartphone, the rights advocate group China Labor Watch reported. Apple is already struggling with supply constraints, analysts say.

  • Diamond says late annual report cited by Nasdaq Friday, 5 Oct 2012 | 8:06 PM ET

    SAN FRANCISCO-- Nasdaq has told Diamond Foods Inc. that its failure to file its latest annual report on time is another factor that could lead to the delisting of the snack maker's shares from the Nasdaq Stock Market. The payments _ an estimated $20 million in 2010 and $60 million in 2011 _ skewed Diamond's financial results.

  • HOUSTON, Oct 5- The unprecedented surge in California's wholesale gasoline market this week has many hallmarks of a classic short squeeze, traders said on Friday, evoking a once common ploy in unregulated oil markets.

  • Short supplies keep gas prices rising in Calif. Friday, 5 Oct 2012 | 7:46 PM ET

    LOS ANGELES-- California gas prices continued surging Friday, adding another 17 cents per gallon on average, and the increases are expected to continue for at least several more days, ensuring long lines and short tempers at pumps around the state.

  • HOUSTON, Oct 5- The unprecedented surge in California's wholesale gasoline market this week has many hallmarks of a classic short squeeze, traders said on Friday, evoking a once common ploy in unregulated oil markets.

  • Amazon to spend $1.16 bln to buy Seattle offices Friday, 5 Oct 2012 | 4:52 PM ET

    SAN FRANCISCO, Oct 5- Amazon.com Inc said on Friday that it will spend more than $1 billion for office space in Seattle. The world's largest Internet retailer plans to buy 11 buildings, comprising 1.8 million square feet of corporate office space, in the city, the home of its headquarters. It currently leases the space, it noted in a regulatory filing.

  • SAN FRANCISCO/ LOS ANGELES, Oct 5- An unprecedented spike in California gasoline prices showed signs of easing on Friday, with some supply-stricken service stations preparing to reopen and retail rates poised to ease after topping $5 a gallon in many places.

  • Calif. refinery back online amid soaring prices Friday, 5 Oct 2012 | 3:24 PM ET

    LOS ANGELES-- Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others charge record prices. In Southern California, the price jumped 20 cents a gallon overnight to $4.53 in Ventura.

  • NEW YORK, Oct 5- At 68, Barbara Miller Elegbede is living proof that flower children need not grow up. A self-described hippie, she attended a San Francisco college at psychedelia's height and remembers friends constantly crashing on the couch of her apartment, just a block away from Janis Joplin's pad in the hip Castro neighborhood.

  • SAN FRANCISCO, Oct 5- Consumer Reports, the influential reviewers' group that blasted the iPhone 4 for a faulty antenna, on Friday gave Apple Inc's latest smartphone a thumbs-up despite echoing widespread complaints about its patchy mapping service.

  • Giants, 49ers, yachts, fests: SF braces for crowds Friday, 5 Oct 2012 | 2:59 PM ET

    SAN FRANCISCO-- An unusual convergence of sporting and entertainment events in San Francisco this weekend promises to bring up to a million extra people into the densely populated bayside city.

  • By Braden Reddall and Nichola Groom. SAN FRANCISCO/ LOS ANGELES, Oct 5- Californians awoke on Friday to yet another unprecedented spike in the price of gasoline that brought the one-week increase in the Golden State to a whopping 36 cents a gallon. "It's insane," said Matt Hurd, 35, as he filled up at a San Francisco gas station near the Bay Bridge. "

  • SAN FRANCISCO, Oct 5- California gas prices rose 17 cents a gallon overnight due to supply disruptions at some refineries and seasonally low inventories, bringing the one-week increase in the Golden State to nearly 36 cents. The average retail price of gasoline was $4.486 on Friday morning, up from $4.315 on Thursday and $4.131 a week ago, according to AAA data.

  • Higher-end retailers like Bloomingdales's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, according to Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.

  • LONDON, Oct 5- Design and engineering firm WS Atkins could be next in the firing line for its part in a flawed $9 billion dollar rail deal torn up by Britain's government this week, sending its shares down 4 percent.

  • Calif. gas prices jump by up to 20 cents overnight Friday, 5 Oct 2012 | 9:19 AM ET

    SAN FRANCISCO-- Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others charge record prices. In Southern California, the price jumped 20 cents a gallon overnight to $4.53 in Ventura.