Business

Stock traders on Wall Street. (Spencer Platt/Getty Images)

Positive Economic News Met With Big Selloff On Wall Street

New home sales surged higher by nearly 7% in April, durable goods orders rebounded with a business investment spending improving for the second straight month, a critical sign for growth, and even consumer confidence is on the rise, although that really hasn’t translated into higher retail spending, in spite of lower gas prices and an improving job market.

9 hours ago

Tom Rutledge, president and chief executive officer of Charter Communications, speaks at INTX: The Internet & Television Expo in Chicago, Illinois, U.S., on Wednesday, May 6, 2015. (Daniel Acker/Bloomberg via Getty Images)

Cable Company Charter Buys Time Warner Cable For $55.3B

Charter Communications is buying Time Warner Cable for $55.33 billion, creating another U.S. TV and Internet giant.

11 hours ago

Blue Bottle Coffee Co.'s New Orleans-style Iced Coffee will be available at grocery stores nationwide. (photo via Bluebottlecoffee.com)

4-Hour Wait For Blue Bottle Coffee In Tokyo

The company, which began in Oakland, California in 2002, hopes its early popularity is more than a passing fad.

05/25/2015

YouTube Stars

10 Years On, San Bruno Startup YouTube Now A Global Star-Maker

In its 10-years of existence, YouTube has evolved from a playground for kitty videos to a $20 billion incubator for a new type of celebrity.

05/24/2015

Homeless Veterans Housing

Tech Leaders Donate $5 Million To House Homeless Veterans In SF Mission Bay

San Francisco Mayor Ed Lee announced a new public-private partnership to construct new housing for formerly homeless veterans and families in San Francisco’s Mission Bay neighborhood.

05/22/2015

People celebrate in San Francisco's Castro District following U.S. Supreme Court decisions on Proposition 8 and the Defense of Marriage Act (DOMA) on June 26, 2013. (CBS)

Survey Says SF Castro District Is Becoming (Slightly) Less Gay

A November 2014 business survey of visitors and residents in San Francisco’s Castro and Upper Market neighborhoods indicates that new arrivals to the rapidly-growing area are less likely to identify as gay, lesbian, bisexual or transgender.

05/22/2015

Adult Friend Finder

Hackers Hit Online Hookup Site AdultFriendFinder; Post Sexual Preferences Of Millions

A British TV station reports that hackers got into the data of online hookup site AdultFriendFinder, and posted the personal details and sexual interests of nearly four million users in a hackers forum.

05/22/2015

Westfield Oakridge Mall in South San Jose. (CBS)

Thieves Nabbed After Swiping $160,000 In Apple Products From San Jose Mall

A group of thieves stole more than $150,000 worth of electronics from a San Jose mall, without ever stepping foot inside. It was a high-priced theft that four suspected criminals nearly got away with.

05/22/2015

water, drinking, tap, flouride,

Governor Brown Signals Support For ‘Toilet-To-Tap’ Water Amid State’s Historic Drought

Governor Jerry Brown signaled his support for more aggressive water-saving measures Thursday in the face of the state’s historic drought, including a controversial plan to use recycled wastewater to replenish the drinking water supply.

05/21/2015

Five-pound packages of Harris Ranch ground beef from Grocery Outlet. (CBS)

Beef Company Says Coarse Salt, Not Glass Pieces Found In Meat; Oakley Couple Stands By Story

The Harris Ranch Beef Company has responded after an Oakley couple reported finding small pieces of glass in their meatloaf, saying it was coarse salt.

05/21/2015