San Francisco Financial News
10.10 / 15:13
COST
economy
Remark
President
country
gatherings
Commentary
Fed speakers in focus following Treasury yield commentary from Logan, Jefferson
Investing.com -- Several Federal Reserve policymakers are due to deliver closely-watched speeches on Tuesday, with investors keen to receive any clues about how a recent spike in U.S. Treasury yields could impact the central bank's interest rate path.
10.10 / 08:27
10.10 / 07:03
UPS
Digital
CEO
Strategy
SaaS startup AuditCue raises $1.5 million in funding round led by Kalaari Capital
AuditCue on Tuesday said it has raised $1.5 million in a seed funding round led by Kalaari Capital. Other investors who participated in the round included Java Capital and angel investors from San Francisco.
10.10 / 02:17
Chinese consulate in San Francisco says attacked by 'violent' vehicle crash
San Francisco on Monday, the consulate said. The incident posed «serious threat» to life and safety of staff, and damaged facilities and property, the consulate said in a statement. «We condemn this violent attack and reserves the right to pursue responsibility for the incident,» it said, adding it has lodged solemn representations to the U.S.
09.10 / 09:19
MET
ETF
Extreme
President
reports
Several Corners of Bond Market Manage to Shine This Year Despite Treasury Selloff
The ongoing bear market in Treasury bonds is among the worst on record, but several sectors of the fixed-income market remain ports in a storm, based on year-to-date results through Thursday (Oct. 5) for a set of fixed-income ETFs.
08.10 / 18:35
Citi
Booking
Airlines
Continental
country
reports
Department
'Flight to nowhere': How a 13-hour flight was forced to take mid-air U-turn due to Israel-Hamas conflict
Hamas militants to Israel wreaked havoc in the country, hundreds of United Airlines passengers booked from San Francisco to Tel Aviv endured a 13-hour “flight to nowhere". Also Read: India is an important country in world, its support comes from understanding of terrorism: Israel The flight UA954 departed from the California city on time. However, the flight had to make an emergency u-turn in mid-air after Hamas attack in Israel.
07.10 / 18:45
Digital
Google
CEO
Fighting
Mobile
Nov
2020
play
Alphabet CEO Sundar Pichai set to testify in Google Play trial
Alphabet Inc. Chief Executive Officer Sundar Pichai is set to be called by Epic Games Inc. to testify in an antitrust trial over Google Play policies that could threaten billions of dollars in revenue generated by the app marketplace. Pichai and Epic’s CEO Tim Sweeney have been listed as witnesses in a trial scheduled to start Nov. 6 in San Francisco federal court over whether Google Play policies are unlawful and thwart competition, according to court filings. The high-stakes fight kicked off after Epic sued Alphabet’s Google in 2020 claiming that its app store’s distribution, payment and fee policies are unlawful.
07.10 / 02:25
UPS
Cooper
economy
President
country
reports
Joe Biden signals potential meeting with Xi Jinping at APEC summit in San Francisco
US President Joe Biden indicated the possibility of holding a meeting with Chinese President Xi Jinping during the upcoming Asia-Pacific Economic Cooperation summit in San Francisco next month, AP reported. “There has been no such meeting set up, but it is a possibility," Biden told reporters when asked about the prospects of a face-to-face meeting with the Chinese leader. Biden and Xi have not engaged in any discussions since their last meeting in November, which took place on the sidelines of the Group of 20 summit in Bali, Indonesia.
06.10 / 17:03
Provident
Twitter
SEC
Platform
Tesla
show
social
Takeover
elon
SEC tries to compel Elon Musk to testify in Twitter takeover probe
Elon Musk, the world's richest man, is being sued by the U.S. Securities and Exchange Commission, which is trying to compel him to testify as part of a probe into his $44 billion takeover of social media giant Twitter, a Thursday court filing showed. The investigation, which escalates a long-running feud between the SEC and Musk, concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which Musk renamed X, as well as statements and SEC filings he made in relation to the deal.
06.10 / 16:37
blockchain news
Crypto Adoption
Australian
Ripple in Preliminary Talks with Australian Freight & Trade Alliance for Future Partnership
Paul Zalai, Director of the Australian Freight & Trade Alliance (FTA), disclosed the possibility of a future partnership with San Francisco-based fintech firm Ripple during an interview with TLG.
06.10 / 13:55
Target
economy
DXY
President
show
reports
Jobs Report Sends Yields, US Dollar Flying: Where Next for the DXY, EUR/USD?
Treasury yields surged to yet new yearly highs this morning after the nonfarm payrolls report showed that the US economy added far more jobs in September than economists expected. As of this writing, the 10-year yield is up 2.5%, further steepening the 10-2 yield curve.
06.10 / 11:09
COST
UPS
ExxonMobil
economy
President
reports
Futures steady with key jobs report ahead - what's moving markets
Investing.com -- U.S. stock futures hold firm as traders gear up for a crucial monthly jobs report that could add clarity to the outlook for Federal Reserve policy decisions over the rest of 2023. Elsewhere, San Francisco Fed President Mary Daly suggests that a recent spike in bond yields may diminish the need for the central bank to further hike borrowing costs this year, while ExxonMobil (NYSE:XOM) is reportedly in negotiations over a blockbuster takeover of Texas shale group Pioneer.
06.10 / 06:49
Kraken
Kraken Announces Acquisition of Coin Meester B.V. in Move Towards European Expansion
Kraken, a San Francisco-based cryptocurrency exchange, has announced its intention to acquire Coin Meester B.V. (BCM) in the Netherlands.
06.10 / 06:04
06.10 / 02:45
06.10 / 00:23
business
Twitter
regulation
SEC
Tesla
us government
elon
Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe
Elon Musk has called for a “comprehensive overhaul” of the United States Securities and Exchange Commission hours after the regulator sued Musk alleging he failed to testify in its probe relating to his $44 billion Twitter (now X) purchase last October.
05.10 / 22:03
Provident
Twitter
Man
SEC
Platform
Tesla
social
Takeover
elon
Elon Musk's Twitter takeover being probed by SEC
(Reuters) -Elon Musk, the world's richest man, is under investigation by the U.S. Securities and Exchange Commission over his $44 billion takeover of social media giant Twitter, according to a Thursday court filing in which the agency sought to compel Musk to testify.
05.10 / 21:19
Twitter
SEC
elon
US regulators
US regulators seek to compel Elon Musk to testify in their investigation of his Twitter acquisition
The Securities and Exchange Commission says it is seeking a court order that would compel Elon Musk to testify as part of an investigation into his purchase of Twitter, now called X
05.10 / 20:43
05.10 / 17:49
05.10 / 11:07
Microsoft
NASDAQ
Apple
Tesla
fall
Futures fall ahead of key jobs data, worries over elevated Treasury yields remain
(Reuters) — U.S. stock index futures fell on Thursday as investors awaited more data to gauge the strength of the labor market, while elevated Treasury yields still pointed to worries about high interest rates for a prolonged period.
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