468x60 General & Logo

Here are UC Berkeley’s top 10 donors — and No. 5 might surprise you

The University of California, Berkeley, has one of the world's largest public university endowments at $1.59 billion, but the university can still benefit from philanthropy. The top 25 donors to Cal last year gave $137 [Read entire story]

Wells Fargo fires consumer lending head for talking to former employee about termination

Wells Fargo on Friday said it had terminated its head of consumer lending this week, after the executive acted contrary to the bank's policies and expectations. The San Francisco-based bank said it fired the exec, [Read entire story]

Airbnb acquires two companies as it aims to attract all travelers, including those with disabilities

San Francisco-based short-term rental site Airbnb has acquired two companies as part of a strategic push to appeal to more travelers, including buying a British startup designed to find accommodations for travelers with [Read entire story]

No turkey for you: BART says new trains won’t be running by Thanksgiving after all

New BART trains won't be up and running in time for Thanksgiving, the transit agency said this week, because they failed a systems test earlier this month and aren't ready for prime time yet. Bay Area Rapid Transit said [Read entire story]

California finally unveils regulations for setting up a recreational cannabis business

The State of California has finally released regulations that cannabis businesses must follow when they start selling recreational marijuana on Jan. 1. The release of the 276-page rule book has been eagerly awaited by [Read entire story]

This $29.5 million ‘Old Tahoe’ estate is seeking a Bay Area buyer

Do you need 14 bedrooms, a private pier and 200 feet of frontage access to Lake Tahoe? If you said yes, then this estate that just came on the market for $29.5 million on ritzy Sunnyside Lane may do the trick. Dubbed [Read entire story]

Reddit CEO eyes ‘inevitable’ IPO by 2020

San Francisco-based social news website Reddit is planning to go public by 2020, the company's CEO said this week. Speaking at an Internet Association event in San Francisco, Reddit CEO Steve Huffman said that going [Read entire story]

Questions mount about why PG&E didn’t proactively shut off power during windstorm

As state regulators attempt to sort out what caused last month's devastating Wine Country wildfires, questions are being raised about why energy giant Pacific Gas & Electric didn't turn off portions of its power grid [Read entire story]

Ways and Means Chairman says he guarantees state and local deductions won’t be eliminated under GOP tax plan

The chairman of the House Ways and Means Committee said this weekend that he guarantees that deductions for state and local taxes would not be eliminated in any final version of a new Republican tax plan. Speaking on [Read entire story]

Uber, investors approve multibillion dollar deal with SoftBank

Uber Technologies Inc. has approved a deal that will allow SoftBank Group Corp. and other investors to to invest $1 billion in the company while simultaneously buying up $9 billion in stock. The agreement was reached [Read entire story]

Band Together North Bay concert rakes in $17 million for wildfire relief effort

A star-studded relief concert backed by local business luminaries led by Salesforce CEO Marc Benioff and San Francisco Giants President Larry Baer raised $17 million for the victims of the Wine Country wildfires, [Read entire story]

SoFi pulls back on global expansion, asset management plan

After multiple lawsuits from employees alleging sexual harassment ousted its CEO, San Francisco fintech Social Finance Inc. says it will abandon plans to expand globally. Since September, four of the company's top [Read entire story]

Uber aims to IPO in 2019, plans flying taxis by 2020

San Francisco ride-hailing giant Uber is aiming to go public in the next few years, with 2019 as its ideal target for an IPO, CEO Dara Khosrowshahi said this week. Khosrowshahi made the remarks at the a business [Read entire story]

Mansion previously for sale for $9.5 million goes up for auction in bid to lure posh Chinese buyers

A massive mansion that was previously listed for $9.5 million in one of the Bay Area's wealthiest neighborhoods will go up for auction Dec. 13 in a bid to lure high-end Chinese buyers, the property's brokers told the [Read entire story]

PG&E’s vegetation management program under new scrutiny after Wine Country fires

Utility giant PG&E is facing new scrutiny of its vegetation management program after reports that several downed power lines, some of which might have been affected by trees falling on them, may have sparked some of last [Read entire story]

Uber’s business in San Francisco still hasn’t recovered from #deleteuber campaign

Uber may have a new CEO and a revamped code of conduct, but the San Francisco-based ride hailing giant still hasn't recovered all the business it lost during a viral social media drive to delete the app in [Read entire story]

Meet the Bay Area’s Most Admired CEOs for 2017

This year's class of Most Admired CEOs includes business leaders in technology, energy, construction, health care, real estate, retail, biotech, financing and more, representing most of the Bay Area's thriving industries [Read entire story]

San Francisco will now have Lyft, Uber pick-up and drop-off zones

The City of San Francisco is launching an experimental program to allow pick up and loading zones for ride-hailing companies Uber and Lyft, Mayor Ed Lee said this week. Passengers looking for their pick-up or drop off [Read entire story]

California proposes central bank for cannabusiness as treasurer lines up armored cars for taxes

State Treasurer John Chiang's Cannabis Banking Working Group attempts to tackle the banking and security problems recreational cannabusinesses might face in 2018. [Read entire story]

These are the top 10 most expensive restaurants in the East Bay

Berkeley may have been the birthplace of hyper local haute cuisine star Chez Panisse, but Oakland is increasingly giving the city a run for a money when it comes to producing high-end eateries with an enthusiastic food [Read entire story]