Increased Credit Card Use Spurs Higher Visa Quarterly Profit
Visa Inc. said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas.
Watch CBS News
Visa Inc. said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas.
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.
A proposal to institute a fee for each paper bag provided at a store in San Francisco and also expand the city's ban on plastic bags was unanimously approved by the Board of Supervisors Tuesday.
But while the region added 42,000 jobs last year, the median income also went down.
Facebook says it has 843 million monthly active users, but getting a read on how many people actually visit Facebook's site every day is considerably more complicated. Ultimately, some experts have said that that could mean the company is over-valued.
Yahoo Chairman Roy Bostock and three longtime board members are leaving the troubled Internet company.
Looking for a promising career in a lousy economy? A new study suggests you're apt to find it in apps—the services and tools built to run on smartphones, computer tablets and Facebook's online social network.
Six Flags Discovery Kingdom in Vallejo is expected to hire more people this year than last. Hundreds are expected to find work at an upcoming job fair.
Verizon and Redbox, the company whose DVD kiosks are in grocery stores, are teaming up for a service that will combine physical DVD's with streaming video.
Database software maker Oracle is rejecting a court-ordered award for $272 million from German rival SAP, saying it would rather have another trial over SAP's theft of software and customer-support documents.
San Francisco Mayor Ed Lee's effort to brand the city as the world's high-tech capital is getting a boost as cloud-computing company Riverbed Technology Inc. announced its new downtown headquarters.
As recently as two weeks ago, California Attorney General Kamala Harris rejected the plan, saying banks were asking to be absolved from any further action, something she described as too lenient.
Berkeley is considering taking its $350 million account out of Wells Fargo, saying the bank is partly to blame for the nation's financial crisis.
Sellers of high-end homes and cars in Silicon Valley have talked to customers who are more optimistic than ever about the economy in 2012.
The first retailers and restaurants in San Francisco's new Metreon shopping center open their doors this weekend as part of a $30 million renovation that will eventually include the city's first Target store.