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UC Davis

Bay Area Colleges Losing Out To Private Schools As Professors Jump Ship

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.


Hewlett-Packard Headquarters in Palo Alto. (file photo)

Hewlett-Packard Cuts Outlook For Year Following Leaked Memo

Hewlett-Packard Co. cut its full-year outlook Tuesday, citing a trifecta of woes that include the earthquake in Japan, soft PC sales and weakening performance in its crucial tech services business.

CBS San Francisco–05/17/2011

The Chevron Oil Refinery In Richmond. (AP Photo)

Chevron Profit Rises In 1st Quarter On Higher Oil Prices

Chevron reported first-quarter earnings rose 36 percent. The company received higher prices for the oil it produced, and also made more money from refining oil.

CBS San Francisco–04/29/2011

Safeway store

Safeway Profit Falls, Revenue Up In 1st Quarter

Safeway reported a tax charge related to a plan to pay down its U.S. debt drove down its first-quarter net income by 74 percent.

CBS San Francisco–04/28/2011

AMD logo

AMD Profit Spikes In 1st Quarter Despite Price Drop

Advanced Micro Devices Inc. said its net income nearly doubled in the first quarter as the computer industry benefits from strong corporate demand.


Wells Fargo Bank in San Francisco

Wells Fargo Income Soars In 1st Quarter

WellsFargo’s first-quarter income jumped 51 percent as more people opened accounts with the bank and business customers took out loans. New mortgages fell.

CBS San Francisco–04/20/2011


Charles Schwab Profit Surges In 1st Quarter

Discount broker Charles Schwab Corp. reported its first-quarter profit surged as the economy and stock markets improved.

CBS San Francisco–04/15/2011

Cisco Systems Inc. headquarters in San Jose. (AP Photo)

Cisco Pulls Technology Stocks Lower

Stocks finished Thursday flat, dragged down by Cisco Systems Inc. The San Jose-based company issued a weak earnings forecast.

CBS San Francisco–02/10/2011


Survey Finds Wealthier Californians Say They’re Happier, Healthier

The saying goes that money can’t buy happiness, but the percentage of Californians who consider themselves very happy rises according to income level.


A Chevron sign at a Bay Area gas station. (CBS)

Chevron Profit Jumps 72 Percent To $5.3 Billion

Chevron Corp. said Friday its fourth-quarter net income jumped 72 percent as rising fuel demand lifted oil prices and produced a sharp turnaround in its refinery business.

CBS San Francisco–01/28/2011