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Business

A sign outside a Bank of America branch in San Francisco. (Justin Sullivan/Getty Images)

US Judge Slaps B of A With $1.3B Fine For Mortgage Fraud; First Ever Such Ruling Against Bank

A federal judge imposed a $1.3 billion civil penalty against Bank of America for its role in selling risky mortgages to Fannie Mae and Freddie Mac. This is the first time a bank has been found liable under federal law for mortgage fraud leading up to the financial crisis

23 hours ago

(L-R) Maksym Pashanin, Denys Pashanin (from Maksym Pashanin Kickstarter video)

Video Game Developers Squat On Airbnb Rental; Also Accused Of Duping Kickstarter Investors

Two brothers who have been squatting on an Airbnb rental in Palm Springs owned by a San Francisco woman are also being accused of duping video game investors on Kickstarter.

07/30/2014

(Photo Credit: Manservants.co)

‘ManServants’ Startup Promises Women Pampering Not Prostitution

Manservants.co frames itself not as an escort service, but as a lifestyle company that offers a less awkward event staffing option than a stripper and a level of sophistication you wouldn’t get from a typical wait staff or bodyguard.

07/30/2014

Ralph Nader speaks at the Berkeley Main Post Office on July 28, 2014. (Save the Berkeley Post Office)

Ralph Nader Calls On U.S. Postal Service To Keep Berkeley Post Office Open

The U.S. Postal Service announced in 2012 that it planned to sell the building, in part because of a multi-billion dollar deficit it is facing.

07/30/2014

A McDonald's restaurant in south Los Angeles. (Frederic J. Brown/AFP/Getty Images)

Measure To Increase Minimum Wage In San Francisco To Go Before Voters In November

If approved, the measure would incrementally increase the minimum wage in San Francisco, before it tops out at $15 an hour in 2018.

07/30/2014

Social Media Site Twitter (Photo by Bethany Clarke/Getty Images)

Twitter Stock Price Skyrockets After News Of Revenue, User Surge

Stronger revenue from Twitter sent the company’s stock up 21 percent in early trading Wednesday.

07/30/2014

(CBS)

Focus Of Governor Brown’s Mexico Trip Is Energy, Education, Not Immigration

Though the pundits may be talking about immigration these days, Governor Jerry Brown was in Mexico Tuesday to talk business, specifically energy and education.

07/29/2014

(Photo by Jason O. Watson/Getty Images)

Alameda County Supervisors Vote Unanimously To Extend A’s Lease Deal

The Alameda County Board of Supervisors voted unanimously to extend the Oakland A’s lease at the O.co Coliseum for another 10 years.

07/29/2014

A tenants' rights group has placed signs on buildings where they say tenants have been Ellis Act evicted to make way for tourist rentals. (photo credit: Margie Shafer)

Tenants Rights’ Group Protests Against ‘Illegal’ Share Rentals In San Francisco’s North Beach

Demonstrators in San Francisco have posted neon green warning signs on the outside of some apartments where the director of the Tenants Union says people have been evicted under the Ellis Act and landlords are now renting apartments through websites like Airbnb and VRBO.

07/29/2014

2015 Nissan Leaf (Nissan)

Plug-In Car Sales Charging Ahead In California, Other States

Plug-In 2014, the premiere electric vehicle conference in the nation, began on Monday at the San Jose Convention Center with those in attendance discussing and debating the future of plug-in cars.

07/29/2014

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Macworld/iWorld 2014

Macworld | iWorld 2014

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