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Top News & Analysis San Francisco

  • Sept 26- Equifax Inc said on Tuesday its Chief Executive Officer Richard Smith will retire following a massive data breach at the credit reporting firm that exposed personal details of up to 143 million U.S. consumers. The announcement comes a week before Smith was expected to testify before a Senate Banking Committee about the cyber attack.

  • The SEC's EDGAR system is a crucial network used by companies to file earnings reports and other material information. Spokesmen for the FBI, the Secret Service and the SEC all declined to comment, saying they could neither confirm nor deny the existence of an investigation. There was no evidence at the time that data had been improperly retrieved, according to...

  • NEW YORK, Sept 25- David Perry plans to end the main operations of TeamCo Advisers LLC by early 2018 and ultimately shut the firm, he told Reuters in an interview, making his San Francisco- based business the latest casualty in the struggling fund of hedge funds industry. Richard Perry's New York- based Perry Capital, launched in 1988, became one of the industry's...

  • NEW YORK, Sept 25- The Supreme Court signaled on Monday it may dismiss a challenge to President Donald Trump's controversial travel ban after the White House announced tailored restrictions on eight countries that legal experts said stand a better chance at holding up in court. The high court canceled oral arguments scheduled for Oct. 10 to decide whether or...

  • NEW YORK, Sept 25- The U.S. Supreme Court canceled oral arguments scheduled in October to decide the legality of President Donald Trump's previous travel ban, signaling the court might dismiss the case. The Court acted after the White House announced on Sunday it was replacing the temporary executive order with a more tailored ban on eight countries that legal...

  • *London mayor: Uber must play by the rules. Mayor Sadiq Khan, a Labour politician who has criticised the firm in the past, said on Monday he had asked Transport for London to be available to meet CEO Khosrowshahi. London police complained this year that the app, which is backed by Goldman Sachs and BlackRock, was either not disclosing, or taking too long to report,...

  • *London mayor: Uber must play by the rules. Mayor Sadiq Khan, a Labour politician who has criticized the firm in the past, said on Monday he had asked Transport for London to be available to meet CEO Khosrowshahi. London police complained this year that the app, which is backed by Goldman Sachs and BlackRock, was either not disclosing, or taking too long to report,...

  • Alexandra Shapiro

    Alexandra Shapiro, a marketing executive at an e-commerce firm, has come a long way from escaping political instability in Ukraine.

  • NEW YORK, Sept 25- President Donald Trump's announcement on Sunday restricting travelers from an expanded list of countries has already been roundly criticized by immigrant and civil rights groups as no more lawful than his previous travel ban, but it could stand a better chance of holding up in court, legal experts said. The new presidential proclamation,...

  • *London mayor: Uber must play by rules. LONDON, Sept 25- Uber's new boss apologized to Londoners for the taxi app's mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its license in one of its major markets. London police complained this year that Uber, which is backed by Goldman Sachs and BlackRock, was either not...

  • *London mayor: Uber must play by rules. LONDON, Sept 25- Uber's new boss apologised to Londoners for the taxi app's mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its licence in one of its major markets. London police complained this year that Uber, which is backed by Goldman Sachs and BlackRock, was either not...

  • Jeff Bezos

    With a loose set of requirements for the location of its second headquarters, Amazon has set officials on a journey to sell their towns, the NYT reports.

  • CAMARILLO, Calif.— The average price of a gallon of regular-grade gasoline fell 7 cents nationally over the past two weeks, to $2.62. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the drop comes as flooded refineries continue to come back online after devastation caused by Hurricane Harvey. Gas in San Francisco was the highest in the...

  • *London declines to renew Uber license. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. In a break with the startup's usual combative tone, Uber's new Chief Executive Dara Khosrowshahi...

  • *London declines to renew Uber licence. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its licence to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. In a break with the startup's usual combative tone, Uber's new Chief Executive Dara Khosrowshahi...

  • *London declines to renew Uber licence. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its licence to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. Regulator Transport for London said it would let Uber operate until the appeals process is...

  • *London declines to renew Uber license. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. Regulator Transport for London said it would let Uber operate until the appeals process is...

  • SAN FRANCISCO/ SYDNEY/ TOKYO, Sept 22- Apple Inc's launch of the iPhone 8 kicked off with less fanfare on Friday than new models in previous years in the United States, Asia, Australia and Britain, as fans held out for the premium iPhone X, due out in early November. In San Francisco's Union Square, 50 miles from Apple's Cupertino headquarters, just 80 people were lined up...

  • LOS ANGELES, Sept 22- Chipotle Mexican Grill Inc's new "queso" cheese sauce is going over better on Wall Street than on Twitter, where one person called it a "crime against cheese." Since Sept. 12, "we have witnessed shorts covering/trimming exposure, despite the mixed reviews of the recent queso offering," said Matthew Unterman, director at S3 Partners, a financial...

  • *London declines to renew Uber license. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. "Transport for London and the Mayor have caved in to a small number of people who want to restrict...