San Francisco Financial News

CNN anchor Don Lemon sued Elon Musk on Thursday, saying that the billionaire entrepreneur refused to pay him after a partnership with the X social media platform got shelved. The lawsuit was filed in California Superior Court in San Francisco, a legal filing showed. X canceled its partnership with Lemon in March after he said Musk would be his first guest in an interview.

Facebook and Instagram parent company Meta Platforms Inc. reported stronger-than-expected results for the second quarter on Wednesday, sending shares sharply higher in after-hours trading

An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive artificial intelligence could be for the wealth management industry.

Nasdaq closed lower on Tuesday, weighed down by weak chip and megacap shares ahead of earnings from heavyweight tech companies this week, but the Dow managed modest gains. Microsoft, seen by many as leading the artificial intelligence race, fell 0.89% to $422.92 ahead of its quarterly results. After the closing bell, the software maker dropped about 5% after reporting results that missed expectations for quarterly growth in its Azure cloud-computing service.

Britain’s competition watchdog said Tuesday it’s looking into Google’s partnership with artificial intelligence startup Anthropic, adding fresh regulatory scrutiny to investment money flooding into the AI industry

Bank of Montreal’s stock was downgraded by an influential Bay Street analyst on concern the lender is building up credit losses at a faster pace than its U.S. peers.

Robertson Stephens is extending its reach yet again with its fourth acquisition of the year.

Nava Mau, renowned for her role in Netflix's acclaimed series «Baby Reindeer,» is set to join the cast of the fifth and final season of the hit psychological thriller «You.» Mau, who gained significant recognition for her portrayal of therapist Teri in «Baby Reindeer,» has been cast as Detective Marquez, according to news outlet Deadline. Her performance in «Baby Reindeer» earned her a Primetime Emmy nomination for Supporting Actress in a Limited or Anthology Series or Movie, marking a historic moment as she became the first transgender woman to receive this nomination.

“Move fast and break things,” a high-tech mantra popularized 20 years ago by Facebook founder Mark Zuckerberg, was supposed to be a rallying cry for game-changing innovation

The work-from-home (WFH) model has revolutionized the traditional nine-to-five job, creating a flexible lifestyle that seamlessly merges work and personal time. This newfound freedom allows many to incorporate self-care, leisure, and errands into their workday.

Kamala Harris is officially nominated for the US Presidential Election 2024, she has come under sexist and vulgar attack in a live television discussion. It triggered an online backlash after Alec Lace called her “the original ‘Hawk Tuah’ girl.” According to the 'Independent', Lace appeared on Fox Business as a guest and used derogatory and sexist terms against Kamala Harris. Worse, he defended his sexist, vulgar and highly objectionable comment after the show.

OpenAI is testing a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with search giant Google and affect the flow of internet traffic seeking news and other timely information

SAN FRANCISCO—In Kamala Harris’s rise from California prosecutor to the second highest office in the U.S., she has maneuvered between embracing progressive ideals and trying not to alienate law enforcement. The result is a record that has drawn mixed reviews from both sides. Early on, as San Francisco’s district attorney, she launched a jail diversion program for drug offenders.

Black clergy who know Vice President Kamala Harris, now the frontrunner for the Democratic presidential nomination, marvel at the fusion of traditions and teachings that have molded her religious faith and social justice values. A Baptist married to a Jewish man, she's inspired by the work of the Rev. Martin Luther King Jr., and influenced by the religious traditions of her mother's native India as well as the Black Church.

N Jayakumar, MD, Prime Securities, says “large swathes of India are okay that the people who are making more money are paying a little more and in some form or shape through the government is coming back to us. These may be socialistic streaks, but it is also a reality. There is a co-existence of the billionaires along with the looting of shops in San Francisco and in different parts of the US. The same is true in Europe as well. Social unrest is out on streets in many parts of the world and heavens forbid we have anything like that here.” Do you agree that more than the capital gains adjustment, it is the global cues that are going to be dictating to the Indian market as is the case this morning? N Jayakumar: And indeed that should be the case. All said and done, the budgets come and go. The roadmap has been re-emphasised and laid out again. If it means taking a little more from the people who are “making a lot of money,” which is through the markets, it is par for the course. I do not have an issue with that. Growth needs to be inclusive.

DFW Housing & macro econ analyst Amy Nixon joins ‘Making Money’ to discuss the impact of big banks investing in residential real estate. 

Payment processing giant Visa Inc. said its fiscal third-quarter profits rose 9% on an adjusted basis as it benefits from consumers and businesses moving their payments from cash to credit and debit cards

The only dull part of Kamala Harris’s life right now may be her investment portfolio.

After a yearlong search, Rana Robillard was elated to learn she'd beaten three other bidders for a house in the leafy California suburb of Orinda, just outside of San Francisco.

Restaurant critics appear to have the best job in journalism, enjoying meals a few nights a week on someone else’s dime

Air India plane flying from Delhi to San Francisco made a precautionary landing in the Russian region of Siberia after crew detected a potential issue in the cargo hold area, the Indian airline said on Friday. It was the second time in a little over a year that an Air India flight on the same route had made an unscheduled landing in Russia. Many carriers, including U.S. and European Union airlines, do not fly over Russian airspace following the war in Ukraine, but Air India does, giving it a flying time and cost advantage on U.S. routes.