Investors are dumping Facebook’s stock, spooked by slowing revenue growth, the lack of a financial outlook and plans to spend more money in the coming months. Are they right?
CBS 5 ConsumerWatch is teaming up with the United Way of the Bay Area to sponsor the 211 Financial Advice Line, between 4 p.m. and 8 p.m. on Tuesday, June 12th.
Stockton leaders have approved a series of emergency fiscal steps they hope will allow the city to avoid bankruptcy.
New restrictions in the hiring process will take effect in the new year, and now California will be one of seven states that will restrict the use of credit checks for employment.
When faced with serious health issues, families often struggle financially. But one Peninsula mom left the high tech industry and started an organization that helps take some of the stress out these families’ lives.
Californians could soon be facing long lines and long waits at court houses across the state.
Apple said it had another blowout quarter, nearly doubling its net income and far exceeding analyst estimates.
There’s some more positive news on the local economy: money managers for Bay Area businesses are optimistic on growth in 2011.
A reported investment by Goldman Sachs and a Russian investor of $500 million in Facebook is a further sign that the social networking behemoth is becoming a powerful force even outside tech circles.
Merchants would not be allowed to charge customers who pay with a debit card an additional fee under a bill headed to the California Assembly.