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Top News & Analysis San Francisco

  • NASHVILLE, United States- Federal Reserve Bank of Boston President Raphael Bostic participates in an informal discussion on "Thoughts on the Economy" before a National Regional public affairs forum- 1345 GMT. SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams speaks at the Bay Area Council Economic Institute's 11th Annual Forecast...

  • SAN FRANCISCO, Jan 18- Vandals damaged Apple Inc and Alphabet Inc charter buses carrying employees to and from work in California's Silicon Valley in recent days, police said on Thursday. Doug Bloch, a representative for the Teamsters unit, said that only the outer layer of the buses' double-paned windows cracked, suggesting that the projectiles lacked the force...

  • Apple's new campus is unlikely to be located in California, where the tech company's headquarters are housed at its sleek "spaceship" Apple Park campus in Cupertino, or in Texas, where it has facilities in Austin that house customer service and some computer assembly operations, said Cook in an interview with ABC News on Wednesday. Apple announced plans for a new...

  • Amazon said on Thursday that Toronto and 19 U.S. locales made the first cut in a contest to find a second headquarters where it promises to invest $5 billion and create 50,000 jobs. As it reviews Toronto, Amazon must weigh whether advantages including Canada's open immigration policy, top technical schools and universal healthcare outweigh any potential...

  • Amazon said on Thursday that Toronto and 19 U.S. locales made the first cut in a contest to find a second headquarters where it promises to invest $5 billion and create 50,000 jobs. As it reviews Toronto, Amazon must weigh whether advantages including Canada's open immigration policy, top technical schools and universal healthcare outweigh any potential...

  • "We would have loved to have made it into the next round for Amazon's second headquarters but everyone here is incredibly proud of the proposal we submitted," Mayor Mike Duggan said. "I can understand that some Kansas Citians may be disappointed, but it's important to remember that as a result of this very collaborative effort, more people today know more great...

  • NEW YORK— Japanese technology conglomerate SoftBank says it has closed a deal to acquire 15 percent of Uber. As part of the deal, investors led by SoftBank Group Corp. and Dragoneer Investment Group will sink about $9 billion into the ride-hailing company, including about $1.25 billion in new shares. Uber is hoping the deal helps it move past recent internal...

  • SAN FRANCISCO— Six shuttle buses transporting Apple and Google employees were deliberately targeted by vandals who broke the windows with unknown objects while traveling on a highway south of San Francisco, authorities said Thursday. Four Apple charter buses and one Google bus were attacked Tuesday during the morning and evening commutes along a 16- mile...

  • Jan 18- Amazon.com Inc has short-listed 20 cities and regions, including Canada's Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs in a $5 billion investment. Major U.S. centers including New York City, Los Angeles, Chicago and Washington D.C. also made it onto the list announced on Thursday, and smaller...

  • SAN FRANCISCO/ NEW YORK, Jan 18- Amazon.com Inc, which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters.

  • NEW YORK, Jan 18- SVB Capital, the venture capital arm of Silicon Valley Bank, and property investor Asia Pacific Land Ltd have backed Roofstock, a startup that allows investors to buy and sell single-family rental homes online. Launched in early 2016, Roofstock runs an online marketplace where retail and institutional investors can buy and sell homes in the...

  • SAN FRANCISCO/ NEW YORK, Jan 18- Amazon.com Inc, which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters.

  • NEW YORK, Jan 17- A Puerto Rico official on Wednesday said the U.S. federal government was dragging its feet in letting the beleaguered U.S. territory draw on an emergency loan in the aftermath of September's Hurricane Maria, threatening essential services. In October, U.S. lawmakers approved a $4.9 billion loan to hurricane-ravaged governments in Puerto Rico,...

  • FRANKFURT- IMF Managing Director Christine Lagarde, ECB board member Benoit Coeure and Bundesbank president Jens Weidmann speak at a conference in Frankfurt. NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester speaks on monetary policy at the Council for Economic Education's Economists on the Economy- 2305 GMT. **NASHVILLE, United States-...

  • The decision came in a lawsuit by Carlos McClatchy, a beneficiary of a trust fund set up by Eleanor McClatchy, granddaughter of the company's founder, James McClatchy. The value of the trust fund plummeted after McClatchy bought Knight Ridder for $4.5 billion in 2006. Carlos McClatchy and other beneficiaries stopped receiving dividends that had previously...

  • Advanced Technology Group leader Eric Meyhofer wouldn't give a specific start date but he said Uber won't deploy the driverless cars without human backups unless they are proved safe. Waymo, the name of the autonomous car unit of Alphabet Inc.' s Google, currently is testing on public roads in the Phoenix area without human backups and plans to carry passengers...

  • SAN FRANCISCO, Jan 17- C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday. TPG's Rise Fund, its social and environmental fund co-founded by U2's Bono and managed by TPG Growth,...

  • Jan 17- Wells Fargo& Co said on Wednesday Chief Risk Officer Mike Loughlin will retire, and a successor will be appointed in the next few months. In September 2016, Wells Fargo reached a $190 million settlement with regulators for its employees creating phony bank and credit card accounts in customers' names without their permission. The San Francisco- based...

  • SAN FRANCISCO— Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's new tax law. The pledge announced Wednesday comes less than a month after Congress approved a sweeping overhaul of the U.S....

  • SAN FRANCISCO— Apple says it will build a second corporate campus, hire 20,000 workers in $350 billion, 5- year commitment to US economy.