San Francisco

Business News

Rental Prices Plunge in the Bay Area and Sun Belt — See Where Prices Are Falling Across the U.S.

One-bedroom apartments in one California city experienced a substantial 7.2% drop in rent prices compared to the previous year.

Business News

Woman Trapped Under Driverless Car in San Francisco Suffers Life-Threatening Injuries

"There was no driver and no passenger in the car to be able to tell us what happened," San Francisco Fire Department spokesperson Justin Schorr said of the scene.

Business News

American Eagle Sues Westfield for Security 'Failures' and 'Broken Promises' That Let a San Francisco Mall 'Deteriorate Into Disarray'

The lawsuit alleges Westfield allowed the property to deteriorate and become a hub for criminal activity, resulting in more than 100 security incidents in the American Eagle store between May 2020 and May 2023.

Business News

Nearly 60% of the Global Workforce Is 'Quiet Quitting,' and Disengagement Levels Are Higher for Fully Remote Workers, According to a New Report

A new Gallup poll revealed that a significant portion of employees (59%) experienced "quiet quitting" in 2022, indicating a sense of detachment from their roles. Over half of the global workforce (51%) actively sought new job opportunities.

Business News

Netflix Engineer Goes Missing In San Francisco Two Weeks After Moving There. "We're Going To Find Him," His Brother Says.

Yohanes Kidane, 22, was last seen getting into an Uber a week ago. Nobody has heard from him since.

Business News

A 166-Year-Old Luxury Retailer Says This Might Be Its 'Last' Holiday Season Due to the 'Profound Erosion' of San Francisco

The owner of San Francisco luxury department store Gumps took out a full-page ad in "The San Francisco Chronicle" to express concern over the city's current state and call on city officials to clean up the streets.

Business News

Traffic Jam Caused by Self-Driving Cars in San Francisco Sparks Outcry and Safety Concerns

Self-driving vehicles have hit the streets of San Francisco, and some locals are less than thrilled, especially after an unexpectedly traffic jam was triggered over the weekend.

Social Media

'X' Is Auctioning Off Its Old Twitter HQ Items, Including a Bird Cage Hanging Swing

In a massive garage sale, Musk is pawning away all the old office furniture, memorabilia, and art.

Business News

Anchor Brewing Employees Are Trying to Buy the Historic Beer Company, Rallying to Prevent Shut Down

Several other parties, including Rhode Island-based brewery Narragansett Beer and Bay Area entrepreneurs, have expressed interest in preserving Anchor Brewing's legacy.

Business News

'Never Going Back to the Way It Was': Salesforce CEO Marc Benioff Has a Grim Outlook on a Once Bustling Downtown

Major retailers like Whole Foods, Uniqlo, Gap, and Nordstrom Rack have closed their downtown San Francisco locations. Other city centers are facing similar challenges in a post-pandemic environment.

Business News

Anchor Brewing, America's Oldest Craft Brewery, Shuts Down after 127 Years

The San Francisco-based company was reportedly losing millions of dollars annually.

Business News

Westfield to Give Up San Francisco Mall Due to 'Challenging Operating Conditions'

The news comes a month after the mall's biggest retailer, Nordstrom, announced it would not be renewing its lease at the San Francisco shopping center, closing up shop by August.

Business News

San Francisco Launches $6 Million Ad-Campaign to Lure Tourists Amid Retail Exodus and Drug Crisis

The ad campaign includes the city's first-ever television commercial.

Business News

Bankrupt Wine Company Owes Millions In Bottles, Customers Left Wondering What Went Wrong and Where the Wine Went

Underground Cellar aimed to revolutionize how wine enthusiasts purchased and stored wine. However, the company's abrupt shutdown has customers seething with questions — and anger — about millions of dollars owed in wine.

Business News

Elon Musk Calls San Francisco 'Post-Apocalyptic' as Another Major Retailer Leaves Due to Crime

In a recent tweet, the tech CEO chimed in about retailers like Whole Foods and Nordstrom leaving downtown San Francisco due to crime.