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The Tesla Factory in Fremont, California. (Justin Sullivan/Getty Images)

Tesla Prepares Site Near Reno For Possible Giga-Factory Location; Decision Still Months Away

Electric car maker Tesla Motors says it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other locations.

07/31/2014

Sovaldi

Oregon, Illinois Medicaid Programs Place Tight Restrictions On Gilead $1,000-Per-Pill Hepatitis C Drug Sovaldi

An Oregon Medicaid committee is expected Thursday to significantly scale back access to an effective—but expensive—new drug used to treat hepatitis C, the second state to retrict access to the drug in two days.

07/31/2014

Construction in Fremont's Warm Springs District. (CBS)

Fremont Says BART Extension Is Helping Warm Springs District Blossom

For years, people talked about Fremont mostly as the place where BART service stopped, but the extension into the South Bay is a boon to the city’s economy, lawmakers say.

07/31/2014

A sold sign stands in front of a home for sale in San Francisco. (Justin Sullivan/Getty Images)

Bay Area Sets Record For Million-Dollar Home Sales

A record number of million-dollar homes were sold in the San Francisco Bay Area during the second quarter, a research firm said Thursday, another sign that affording a place to live is a growing challenge for anyone who isn’t tied to the booming technology economy.

07/31/2014

A man pushes shopping carts outside of a Walmart store. (Spencer Platt/Getty Images)

Demise Of Big Box Stores Predicted With Rise Of Internet Sales

Big box stores like Walmart and Target may have to reinvent their business model or end up on the dustbin of history, according to a major investment firm.

07/30/2014

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

07/30/2014

(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

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Macworld/iWorld 2014

Macworld | iWorld 2014

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