business
Wells Fargo Earnings Jump 25 Percent
Wells Fargo, the country’s biggest mortgage lender, said it earned a record $4.9 billion in the fourth quarter, up 25 percent from the same period a year before.
Paypal Co-Founder Joins Yahoo Board In Shake Up
Yahoo is adding a new director and parting ways with two other board members in the latest shake-up of the Internet company’s hierarchy.
U.S. Manufacturing Shrinks To Weakest Level In 3 years
U.S. manufacturing shrank in November to its weakest level since July 2009, one month after the Great Recession ended.
SF-Based Gap Raises Outlook After Stronger 3Q
The San Francisco-based clothing retailer said stronger sales at its Banana Republic, Old Navy and namesake stores all contributed to the performance.
Port Expansion Pushes Oakland Film Center Off Army Base
The businesses that make up the Oakland Film Center must leave the Oakland Army Base by January to keep an expansion project at the Port of Oakland on schedule, Mayor Quan said Wednesday.
Netflix Moves To Block Hostile Takeover
Less than a week after activist investor Carl Icahn announced a 10 percent stake in Netflix, the online video company is moving to protect itself against hostile takeovers.
Former JPMorgan Exec To Become Next Visa CEO
Visa said former JPMorgan executive Charles Scharf will become its next CEO, effective Nov. 1.
Central Valley Turkey Producer Files For Bankruptcy
One of the largest turkey producers in the nation, Zacky Farms, has filed for bankruptcy, blaming the soaring price of feed.
Google Expanding Motorola Job Cuts
Google said it is expanding its plan to cut jobs from its Motorola Mobility unit outside the U.S. and will take $390 million in charges related to the layoffs.
2-Alarm Strip Mall Fire Damages 3 Businesses
Firefighters have extinguished a two-alarm fire that burned at a strip mall in San Jose early Thursday morning, a fire captain said.
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