It comes as no surprise that San Francisco and Oakland are top 10 among major United States cities for the earning gap between the haves and have-nots. However, you may be surprised to hear that San Jose ranks much lower among the 50 largest cities on income disparity, according to a Brookings Institute report.
Many people aspire to earn a six-figure income, but only about one-fifth of the nation’s households succeed. And, according to recent research, those six-figure families tend to congregate in a handful of cities, several of which are in the Bay Area.
Chevron said its net income fell 5 percent in the first quarter as oil prices slipped.
A new report says Silicon Valley bounced out of the recession last year, adding jobs, income and initial public offerings.
Cisco, the world’s largest maker of computer networking equipment, says its net income jumped 44 percent in the latest quarter as it continues to put last year’s slump behind it.
Clorox Co.’s net income plummeted nearly 40 percent in the fiscal first quarter, largely because last year’s period included the benefit of selling a unit.
Discount broker Charles Schwab Corp. said Monday its third-quarter net income rose 77 percent as more investors turned to the company’s advisory services amid increased market volatility and stock trading increased.
SAN JOSE (CBS/AP) – Cisco Systems may have provided the battered stock market with some balm. The world’s largest maker of computer-networking equipment fared better than analysts anticipated in its latest quarter. The technology bellwether’s […]
Charles Schwab Co. says its second-quarter income rose 16 percent as a gain in asset management fees helped offset a decline in trading revenue…
This week’s passage of the state budget dealt another $150 million blow to the University of California system, which will likely be made up via higher students’ fees. However, that’s not the only looming problem that may require students to dig deeper into their wallets.