468x60 General & Logo

Wall Street analysts bullish on Twitter as business turnaround picks up

Social media platform Twitter Inc. has been enjoying plaudits from multiple Wall Street analysts in recent months, as half a dozen have upgraded their views on the San Francisco company after praising a recent turnaround [Read entire story]

SoFi has asked Twitter’s Anthony Noto to be its next CEO

San Francisco fintech Social Finance Inc. has an offer out to Twitter executive Anthony Noto to become its next CEO, the Wall Street Journal reports. SoFi has been looking to replace former CEO and founder Mike Cagney, [Read entire story]

These tech companies have the most job openings in the Bay Area right now

The Bay Area continues to be a draw for top tech talent, and some of the world's biggest companies are on hiring sprees locally even if they are based elsewhere, a new study of hiring data by job data site Indeed has [Read entire story]

Employers who help immigration raids will be prosecuted, California attorney general says

Employers who aid federal officials in potentially wide-ranging immigration sweeps targeting California will face prosecution and fines up to $10,000, state Attorney General Xavier Becerra said this week. Employers who [Read entire story]

Wells Fargo’s top risk officer to retire; bank says processing error to blame for double bill pay

Wells Fargo Inc.'s top risk officer will retire as bank regulators continue to scrutinize its internal policies. Separately, a processing error in its consumer bank online bill pay system caused customers nationwide to [Read entire story]

Benioff: As tech replaces 30% of jobs and creates huge wealth gap, CEOs must be ready to create policy

Business leaders must be more proactive and instrumental in crafting policy that doesn't "leave behind" millions of people whose jobs are replaced by technology in the coming decade, Salesforce CEO Marc Benioff said this [Read entire story]

U.S. Chamber of Commerce touting gasoline tax hike as booster for infrastructure

The U.S. Chamber of Commerce is crafting a formal proposal to increase the federal gas tax to 25 cents, a change it says would rake in $375 billion in the next 10 years and help fund much-needed infrastructure projects [Read entire story]

East Bay biotech will shell out $990,000 fine for local air pollution issues

Life science research and medical device maker Bio-Rad Laboratories will pay $990,000 in fines as part of a legal settlement related to air pollution issues it had at its East Bay plant in Hercules, the Bay Area Air [Read entire story]

S.F. cryptocurrency startup Ripple inks deal with MoneyGram to test digital payments system

San Francisco payment software company Ripple and MoneyGram International Inc. will partner on a pilot program that uses Ripple's digital currency in MoneyGram's internal payments process. Ripple's digital currency, [Read entire story]

Meet Oakland’s 10 largest private employers

Oakland remains one of the Bay Area's largest and most reliable locations for economic growth — and its infrastructure and talent pool continue to be catnip to large private companies looking to set up camp, or stay, [Read entire story]

California’s federal tax workaround could hit this major stumbling block

A California plan to possibly work around the new $10,000 federal tax cap on state and local tax deductions now in place after the GOP tax overhaul bill was passed could hit major legal stumbling blocks if it's not [Read entire story]

All Wine Country wildfire lawsuits against PG&E will be heard in San Francisco, judge rules

All of the close to 100 lawsuits filed against PG&E for allegedly sparking a spate of wildfires that scorched Northern California throughout October should initially be heard in San Francisco Superior Court, a judge [Read entire story]

Flu epidemic is overwhelming California ERs, as death toll climbs

A brutal flu season this year in California is causing overflowing emergency rooms, a shortage of medications typically used to treat it and three times as many deaths from the illness in 2018 as there were this time [Read entire story]

Court says California can’t prevent businesses from putting surcharges on credit cards

A federal appeals court in California has ruled that banning credit card surcharges from businesses violates the merchants right to free speech. The case focused on five businesses that charged additional fees to [Read entire story]

Experts weigh legal hurdles for weed entrepreneurs after Sessions’ move to nip California’s industry in the bud

Even if they toe the line exactly as California regulators would like, however, they still could face major obstacles on the horizon for everything from banking and financing to simply finding a place to set up shop. [Read entire story]

Mike Tyson launches luxury marijuana resort in California, as state’s Green Rush finds celebrity backers

Controversial boxing champ Mike Tyson has broken ground on a 40-acre marijuana growing operation and luxury resort close to Edwards Air Force Base, celebrity blog The Blast reports. The Tyson Ranch will have half of its [Read entire story]

Airbnb defeats major landlord in case over high-end rentals

A federal judge has ruled that Airbnb Inc. is not liable for claims by one of the largest residential landlords in the U.S. that the site facilitates the renting of unauthorized sublets. Apartment Investment & [Read entire story]

Ousted SoFi CEO Mike Cagney is floating a new fintech startup

The former CEO and founder of well-known fintech SoFi, who was ousted from the San Francisco company amidst sweeping allegations of sexual harassment, is now pitching a new idea for a financial services startup to [Read entire story]

Bay Area people desperate for housing are renting this camper van for $28 a day

A former Uber driver who began renting out his camper van for $28 a day to people desperate for Bay Area housing says that he can't keep up with the demand he's seeing anymore — even after buying more vans and [Read entire story]

Get your BART ticket ready — starting this week, the inspector may want to see it

Make sure you have your ticket or Clipper card ready if you're riding BART this winter — beginning yesterday, all riders on the transit systems may be asked to provide proof they paid for their fare once they get [Read entire story]