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Hewlett-Packard Co. said that a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business.
Oakland Mayor Jean Quan said Monday that a new report indicates that her city’s fiscal position is the strongest it’s been in a decade.
Apple’s stock has reached $700 for the first time, setting a record for the company the day after it announced that orders for its iPhone 5 topped 2 million in the first 24 hours.
New documents show that federal regulators wanted to know more about Facebook’s mobile users and the company’s relationship with the online game company Zynga in the months leading to Facebook’s initial public offering of stock.
It looks like San Jose retirees will not be getting a bonus check this year from the city’s pension program after the city council voted to block those payments.
San Francisco’s financial affairs are looking up after tax revenues have come pouring in at a much higher rate than expected, meaning the city’s projected deficit is dropping.
National Football League owners have approved a $200 million loan to fund construction of the proposed new San Francisco 49ers stadium in Santa Clara.