san francisco

President Donald Trump has retracted his decision to initiate a law-enforcement “surge” in San Francisco. This change comes after engaging in discussions with San Francisco’s Mayor Daniel Lurie and CEOs of prominent tech companies in the Bay Area, including Nvidia and Salesforce....

Kilroy Realty Corp's (NYSE:KRC) near-term performance is likely to be impacted by a decline in capitalized interest, according to JPMorgan. The Kilroy Realty Analyst: Analyst Anthony Paolone maintained an Overweight rating, while cutting the price target from $42 to $40. The Kilroy Realty Thesis:...

Amazon.com Inc. (NASDAQ:AMZN) confronts another National Labor Relations Board complaint over alleged union-busting activities at its DCK6 facility in San Francisco, marking the latest regulatory challenge for the $2 trillion e-commerce giant. What Happened: The NLRB Region 20 complaint seeks to...

Lyft Inc. (NASDAQ:LYFT) filed a lawsuit against San Francisco, accusing the city of overcharging the ride-hailing services company by $100 million in taxes from 2019 to 2023. Lyft argues that the city has misclassified the payments made by passengers to drivers as company revenue, which is not how...

IT consultant Nima Momeni was found guilty of second-degree murder on Tuesday for the 2023 killing of technology founder Tom Lee. What Happened: A San Francisco jury found Momeni guilty of second-degree murder for the fatal stabbing of the Cash App founder in April 2023, according to NBC News. The...

Wells Fargo & Co. (NYSE:WFC) plans to sell its San Francisco headquarters building and relocate to offices less than half a mile away. The Wall Street Journal reported that Wells Fargo’s property at 420 Montgomery St. could be listed for sale later this month. While the bank will retain...

OpenAI CEO Sam Altman has been appointed as a co-chair of the transition team for San Francisco’s newly elected mayor, Daniel Lurie. What Happened: Altman, a significant contributor to Democratic campaigns, will advise Lurie on key issues such as drug use and homelessness in the...

On Friday night, Vice President and Democratic presidential candidate Kamala Harris‘ motorcade was briefly disrupted by self-driving taxis from Waymo, a subsidiary of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), in San Francisco. The incident occurred as Harris was returning from a fundraiser...

The autonomous vehicles of Waymo, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), have been causing a disturbance in a San Francisco parking lot. The vehicles have been honking for extended periods, disturbing the residents in the area. What Happened: The self-driving vehicles of Waymo...

The COVID-19 pandemic accelerated a trend of workers preferring remote work to in-person office attendance. Meanwhile, commercial real estate across the U.S. has suffered as companies do not value expansive office spaces as they did before. The Data: A post on X relayed data from Arbor Data...

Former Speaker of the House Nancy Pelosi‘s (D-Calif.) latest endorsement of a political candidate could anger billionaire Elon Musk ahead of the 2024 election. What Happened: After Pelosi endorsed Vice President Kamala Harris in the 2024 presidential election, she backed San Francisco...

A U.S. appeals court on Monday rejected a bid by Uber (NYSE:UBER) and its subsidiary Postmates to revive a challenge to a California law that could force the companies to treat drivers as employees rather than independent contractors. What Happened: The 11-judge panel of the 9th U.S. Circuit Court...

Tesla, Inc. CEO Elon Musk took a swipe at Waymo‘s self-driving cars, suggesting his company’s stainless steel Cybertruck might be better suited for robotaxis in San Francisco due to recent vandalism incidents. What Happened: Musk responded to a parody video by...

Telegram founder Pavel Durov recently disclosed in an interview with Tucker Carlson why he decided against setting up the company’s headquarters in San Francisco. For Durov, San Francisco was not an option due to concerns over personal safety and excessive attention from U.S. authorities....

In a recent announcement, Shell (NYSE:SHEL) revealed its decision to cease the operation of hydrogen light-duty passenger fueling stations in California. The move is attributed to supply chain issues and other external market factors, dealing a significant setback to the state’s hydrogen...