The richest 1 percent of the population will own more than half the world’s wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos, Switzerland.
Once upon a time, you had to get on a waiting list just to test drive a Prius at the Toyota dealer, in Berkeley. Not so, anymore. If sales are the bottom line, it looks like the darling of the Bay Area’s hybrid crowd has lost its luster.
Cash rained down on startups in 2014 but with valuations so high, critics suggest some investors may be setting themselves up for a major fall.
The average unemployment rate in Oakland dropped to 9.4 percent in the third quarter of 2014 compared with 11.4 percent in the third quarter of 2013.
Putting Russia’s signature drink in the spotlight, President Vladimir Putin announced plans to cap the prices for vodka, as his country’s currency continues to plummet.
Stocks are pushing further into record territory as the Dow Jones industrial average tops 18,000 points for the first time.
Unemployment rates across the Bay Area dropped in November, compared with a year ago, according to data released Friday from the state’s Employment Development Department.
New state regulations that take effect in January that require poultry farmers to provide more space in hen houses is expected to drive up egg prices.
Apple has halted online sales of its iPhones, iPads and other products in Russia amid financial turmoil triggered by the steep decline in the country’s currency.
Two major Tahoe ski resorts opened Friday thanks to both natural and man-made snow, with a third resort expected to open before Thanksgiving.