San Francisco Financial News

26.01 / 21:41

UPS Progressive CEO awards wellness performer Wells Fargo hikes CEO Scharf’s pay to $29M for 2023

Wells Fargo & Co. lifted Chief Executive Charlie Scharf’s pay to $29 million for 2023, a year in which profit grew and the bank’s shares outperformed those of rivals.

26.01 / 17:05

COST Google CEO Platform TikTok Videos Microsoft to Levi's, here's a look at tech and retail firms that have recently made layoffs

slashing its global corporate workforce by 10% to 15% in the first half of the year — as part of a two-year restructuring plan that seeks to cut costs and simplify its operations, the denim giant said. The layoffs on the same day Levi's unveiled a proposed 10-year extension to the naming rights for Levi’s Stadium, home of the San Francisco 49ers, in a $170 million deal. Microsoft layoffs Microsoft is laying off some 1,900 employees in its gaming division, according to an internal company memo.

26.01 / 12:09

markets UPS FIVE CEO beautiful Department Top Job at Levi Strauss Offers Retail Veteran a Second Chance

She turned the Frappuccino into a hit at Starbucks. At Kohl’s, she wooed the beauty chain Sephora to spruce up the department stores, but then battled with activist investors, who called for her removal as chief executive. Now, Michelle Gass is taking on her “dream job," as CEO of Levi Strauss, the 171-year-old denim maker that has given us 501 jeans, the trucker jacket and other wardrobe staples.

26.01 / 11:37

MET Waters security economy President reports Taiwan reports Chinese 'combat patrols' ahead of China-US talks

TAIPEI (Reuters) — Taiwan's defence ministry said it detected 23 Chinese air force planes operating around Taiwan and carrying out «joint combat readiness patrols» with Chinese warships on Friday, ahead of high-level China-U.S. talks in Thailand.

26.01 / 09:34

MET Cooper security economy President reports International White House's Sullivan, China's Wang to talk ties, Taiwan in Bangkok

ties and Taiwan will be topics raised at a meeting between U.S. National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi in Bangkok, building on a pledge by the leaders of the world's two largest economies to deepen dialogue. «During the new round of meetings, (Wang) will state China's position on China-U.S. relations, including the Taiwan issue, and exchange views with the U.S. side on international and regional issues of common interest,» a ministry spokesperson told reporters at a regular press conference.

25.01 / 19:56

markets Provident Google Action information Investigations Relationships FTC opens investigation into Big Tech's partnerships with leading AI startups

U.S. antitrust enforcers are opening an investigation into the relationships between leading artificial intelligence startups such as ChatGPT-maker OpenAI and Anthropic and the tech giants that have invested billions of dollars into them

25.01 / 19:55

Citi Waves BAY reports travelers Department International In-N-Out to close first location in its 75-year history due to a wave of car break-ins and robberies

In-N-Out Burger will close its first location in its 75-year history due to a wave of car break-ins and robberies at its only restaurant in Oakland, California

25.01 / 18:47

Digital CEO Apple Worldcoin reports prevention Features Worldcoin to Launch New Orb Which Looks “Similar to an Apple Product”: Report

Worldcoin is seeking to release a new version of its futuristic-looking Orb device. Alex Blania, CEO and co-founder of Tools for Humanity, the company behind Worldcoin, told TechCrunch that the new Orb will resemble an Apple product.

25.01 / 16:23

markets COST Extreme CEO Tesla Trade President Tesla CEO Musk: Chinese EV firms will 'demolish' rivals without trade barriers

By Abhirup Roy

24.01 / 05:13

markets Analysis economy wellness pandemic track reports California job growth falls by most in the nation post-pandemic: report

OLeary Ventures chairman Kevin OLeary joins ‘The Big Money Show’ to discuss the ongoing push for electric vehicles and California’s decision to raise the minimum wage.

24.01 / 04:45

Provident BAY Death Bill shootings Courts Interviews Grand jury indicts farmworker charged in Northern California mass shootings

A farmworker charged with killing seven people last year in back-to-back shootings at two Northern California mushroom farms was indicted by a grand jury in an effort by prosecutors to move the case along

24.01 / 04:45

UPS Netflix Research wellness film show Videos Netflix's gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results

Netflix has registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023

24.01 / 02:47

markets UPS economy Trade Bitcoin track week Dollar hovers near 6-week high on Fed view; yen edges up after BOJ

Federal Reserve would be in no rush to cut interest rates in the face of a resilient U.S. economy.

23.01 / 17:55

markets Platform community country 2020 reports donates Airbnb donates $10 million to 120 nonprofits on 6 continents through its unusual community fund

Airbnb has donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents

23.01 / 00:47

markets UPS FIVE Analysis economy Trade President Wall Street's 'foolish' 2024 trade is betting on early Fed rate cuts

investors unleashing dovish monetary wagers across the board: Two-thirds of Bloomberg Markets Live Pulse respondents said that betting on early monetary easing is the «most foolish» among popular trades heading into 2024.

22.01 / 14:23

Aviat Fox Airlines security Boeing recommendations Investigations FAA tells airlines to check door plugs on second Boeing plane

Circle Squared Alternative Investments founder Jeff Sica discusses whether Boeing stock is a buy on 'Varney & Co.'

22.01 / 14:23

Maxim Fox Google BAY community reports Department Oakland, California's only In-N-Out restaurant closing due to crime

Check out what's clicking on FoxBusiness.com

22.01 / 03:37

markets UPS Trade show Commentary Rate Cut Dollar struggles to retain gains even as March rate cut odds recede

dollar struggled to keep gains in early Asian trade on Monday as looming central bank decisions in Japan and Europe forced a pause in its data-spurred rally late last week.

21.01 / 08:11

Aviat Waters Manufacturing country reports Investigations Man who built plane that crashed off California coast recalls selling to enthusiast young pilot

A small airplane that crashed into the ocean off the California coast has been identified as one of tens of thousands of home-built aircraft that are part of a high-flying hobby taking off across the country

20.01 / 22:31

Extreme Fox BAY love Packers vs 49ers playoffs live streaming, weather forecast, start time: Where to watch Green Bay Packers vs San Francisco 49ers?

weather forecast for the game. The weather forecast for Santa Clara, California, this evening predicts continuous rain throughout the afternoon and evening, with an 80 percent chance of rain during kickoff.

20.01 / 17:45

markets UPS Election President gatherings Rate Cut Fed to begin rate cut discussions but avoid teeing first one up

Federal Open Market Committee is widely expected to hold interest rates steady for the fourth straight meeting when it gathers in Washington on Jan. 30 and 31. The real focus though will be on what lies ahead, at the FOMC’s March meeting and beyond.

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