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Business News

Wednesday, Jan 23, 2019 at 07:08 PM PST

Businesses Owed Money After Munchery Shuts Down

Businesses Owed Money After Munchery Shuts Down

Meal delivery company Munchery abruptly closed its doors this week, sparking concerns from businesses who sold their goods to the San Francisco startup.

Thursday, Jan 24, 2019 at 06:08 AM PST

Are Driverless Cars Going to Help Us or Hurt Us?

Are Driverless Cars Going to Help Us or Hurt Us?

A new report from a Bay Area group warns that autonomous vehicles may cause more harm than good.

Tuesday, Jan 22, 2019 at 01:11 PM PST

The Unusually Large Drop in Home Sales Has Real Estate Agents Baffled

The Unusually Large Drop in Home Sales Has Real Estate Agents Baffled

Real estate brokers are trying to figure out why sales of existing homes plunged in December. The 4.6 percent monthly move was unusually large, regardless of direction. The tally from the National Association...

Tuesday, Jan 22, 2019 at 12:49 PM PST

Some of the Technology Set to Make a 'Quantum Leap' in 2019

Some of the Technology Set to Make a 'Quantum Leap' in 2019

From foldable cellphones to high tech burgers, more than 4,500 companies showcased their latest technology at CES, the world's largest consumer electronics show which took place in Las Vegas earlier this...

Tuesday, Jan 22, 2019 at 01:55 PM PST

US Cancels Trade Planning Meeting With China, Source Says

US Cancels Trade Planning Meeting With China, Source Says

The White House rejected a trade planning meeting with Chinese counterparts this week due to outstanding disagreements between the two sides over the enforcement of intellectual property rules. Officials...

Tuesday, Jan 22, 2019 at 10:59 AM PST

San Francisco Is a ‘Train Wreck’ of Inequality Because of Silicon Valley, Salesforce CEO Says

San Francisco Is a ‘Train Wreck’ of Inequality Because of Silicon Valley, Salesforce CEO Says

Silicon Valley has driven San Francisco into a “train wreck” of inequality, with homelessness being a severe issue in the city, Salesforce CEO Marc Benioff told CNBC on Tuesday. Benioff added that though...

Tuesday, Jan 22, 2019 at 08:21 AM PST

Elliott Pushes for Changes at eBay

Elliott Pushes for Changes at eBay

An activist shareholder said Tuesday that eBay would be better off without StubHub or its classified ads businesses. Elliott Management, which owns more than 4 percent of its stock, said in a letter to eBay...

Friday, Jan 18, 2019 at 10:34 AM PST

Tesla Plans to Cut 7 Percent of Its Workforce

Tesla Plans to Cut 7 Percent of Its Workforce

Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla's cheapest model right now is the...

Thursday, Jan 17, 2019 at 09:31 PM PST

Google Helping People With Disabilities Access Internet

Google Helping People With Disabilities Access Internet

Google's next big thing is very helpful. The ability to use a phone is something most of us probably take for granted. But for people who couldn't use one, Google has come to the rescue.

Thursday, Jan 17, 2019 at 03:53 PM PST

Sears Chairman's Hedge Fund Wins Bankruptcy Auction

Sears Chairman's Hedge Fund Wins Bankruptcy Auction

Sears said Thursday that its chairman Eddie Lampert’s hedge fund, ESL Investments, is the winning bidder in the company’s bankruptcy auction. “We are pleased to have reached a deal that would provide a path...

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