Category Archives: Business and Finance

CEO Defends Apple's Tax Maneuvers

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by Marcy Gordon and Peter Svensson, AP Business Writers WASHINGTON (AP) — The Senate dragged massively profitable Apple Inc. into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the … Continue reading »


State Unemployment Rate Dips to 9 Percent

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California’s unemployment rate dropped 0.4 percent to 9.0 percent in April, according to the state’s Employment Development Department. The unemployment rate in San Francisco, Marin and San Mateo counties was listed at 5.1 percent, down from 6.8 percent a year … Continue reading »


San Francisco Has Highest Minimum Wage in Nation, But Thousands in City Make Less

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by Aaron Tilley and Michael Stoll, San Francisco Public Press While San Francisco’s minimum wage is the highest in the nation, thousands of workers still earn below the current mandate of $10.55 an hour, say economists, anti-poverty activists and public … Continue reading »


San Francisco Returns the Favor, Sues Monster Energy Drink

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San Francisco City Attorney Dennis Herrera filed suit against Monster Beverage Monday, on the heels of Monster filing suit against Herrera last week. The city's suit calls Monster's business practices around its energy drinks "unfair, deceptive, and unlawful" and asserts … Continue reading »


Google Changes 'Palestinian Territories' to 'Palestine'

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JERUSALEM (AP) – Google is de facto recognizing a state of Palestine — at least on its local home page in the Palestinian territories. Google spokesman Nathan Tyler said Friday "We're changing the name 'Palestinian territories' to 'Palestine' across our … Continue reading »


At UC San Francisco, 'Pure' Research Competes With Lure of Biotech Startups

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Matthew Spindler came to UC San Francisco as a doctoral student because he wanted to be a scientist. His plan was to follow a standard academic track: research, publish, teach—and pray for tenure. But after a few classes run by … Continue reading »


How a Phony Tweet Moved the Markets: 71 Characters That Briefly Shook the Financial World

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Early yesterday afternoon East Coast time, someone managed to get access to the Associated Press Twitter account and sent out the following message: "Breaking: Two explosions in the White House and Barack Obama is injured." That tweet, sent out at … Continue reading »


Apple Boosts Dividend; Earnings Beat Analysts' Expectations

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NEW YORK (AP) — Apple is finally opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders over two years. Apple Inc. on Tuesday said it will buy back $60 billion in … Continue reading »


Chevron Admits to Inspection Failure in Richmond Refinery Fire

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RICHMOND, Calif. (AP) – Chevron Corp. says it failed to properly document tests of a corroded pipe near the one that failed and caused a fire at a Northern California refinery, and the oversight led to a failure to inspect … Continue reading »


Video: Do The Terms 'Cage-Free' and 'Free Range' Mean Anything?

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Have you ever stood bewildered in the grocery aisle doing your socially conscious best to figure out which eggs come from chickens not in cages, which come from those with access to the outdoors and which were provided with HBO? … Continue reading »