California AG Becerra Announces $5.75 Million Settlement with General MotorsCalifornia Attorney General Xavier Becerra on Friday announced a $5.75 million settlement against General Motors, a payout that resolves allegations that the company made misleading statements to investors regarding the costs the company would incur due to its ignition switch problems.
Tesla Posts Surprise First Quarter Profit Despite COVID-19 Plant Shutdown, LossesTesla surprised investors and managed to eke out a small first-quarter net profit just as the coronavirus started to affect the electric car and solar panel maker.
Investors Pump $2.5 Billion Into Waymo To Develop Self-Driving Car TechnologyWaymo has secured $2.25 billion from a group of investors to help the company continue to develop its self-driving technology for its ride-hailing service and a recently launched trucking division.
Apple Warns Investors That Coronavirus In China Will Cut iPhone Production, SalesApple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones.
PG&E Pushes To Raise Ratepayers' BillsPG&E says it is asking state regulators for another increase in rates and profits. The funds would cover wildfire safety and attract investment as the utility goes through bankruptcy.
Public Funds Back Plan To Replace Mark Zuckerberg As Facebook ChairmanFollowing a long string of scandals and controversies, some Facebook investors believe the company would be better off without Mark Zuckerberg as its chairman.
Controversial Crime-Tracking App 'Citizen' Raises $12M From InvestorsThe app Citizen has launched in San Francisco, but not everyone thinks it's a good idea.
How Much Of Your Small Business Should You Offer To Investors?Small business owners should not overlook the world of equity financing for funding, but be careful not to give up too much control.
Oakland City Council Votes In Favor Of Oakland Raiders Stadium PlanOakland City Council voted in favor of moving forward with a plan to build new $1.3B Raiders stadium, using $350 million of public funds.
3 Ways To Show You Know Your Stuff When Pitching To InvestorsBeing well prepared for investors is essential for small business owners to be able to impress and stay ahead of the game.
4 Ways To Impress Investors & Ensure Funding For That Great Business IdeaTake some time and craft your pitch to match the investor's taste. Here are some tips to get you started.
California Sues Morgan Stanley, Alleges 'Culture Of Greed And Deception'California's public pension funds suffered major losses due to misrepresentations made by Morgan Stanley, a lawsuit filed Friday claims.
Google 's Eric Schmidt Backs Uber-Style Helicopter Service For EliteGoogle Executive Chairman Eric Schmidt has joined a group of executives backing an Uber-style mobile app for the luxury chopper crowd, called Blade. The startup was launched a year ago to get New Yorkers to the Hamptons in a matter of minutes.
Bay Area Venture Capitalists Look To Cash In On Booming Cannabis IndustryHundreds of investment firms are looking to get in on the ground floor of what is being called the fastest growing investment opportunity in the country.
Exclusive SF-Based Dating App 'The League' Gets $2.1M Boost From InvestorsA new, exclusive dating app that's still under wraps just got a $2.1 million beta-boost from a group of angel investors and venture capitalists. It's called The League. Its motto: Date, Intelligently.