Safeway Reports Higher 2Q Profit; Eroding Market Share
Grocery store operator Safeway Inc. reported Thursday that its second-quarter profit grew as higher prices and strong gasoline sales helped offset its rising costs for commodities.
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Grocery store operator Safeway Inc. reported Thursday that its second-quarter profit grew as higher prices and strong gasoline sales helped offset its rising costs for commodities.
More than 450,000 homeowners who took out mortgages with Countrywide Financial Corp. will soon receive their slice of a nearly $108 million settlement over claims that the lender overcharged borrowers facing foreclosure.
Intel Corp. said its results for the latest quarter were better than expected as it milked strong corporate demand for PCs and the need for new computer servers to handle Internet traffic on mobile devices.
EBay Inc.'s second-quarter results beat analyst expectations Tuesday with growth in its PayPal online payment service and marketplace business - although profit fell 31 percent on charges from its recent purchase of e-commerce retail site operator GSI Commerce.
Legislation to combat wage theft in San Francisco is picking up momentum at the Board of Supervisors.
San Francisco is rolling out the red carpet to lure television and film crews to film in the City by the Bay with new incentives that include discounts on equipment rentals and professional services.
A San Francisco judge has upheld the city's 20-cent-per-pack surcharge on cigarettes.
Roku is ready to hatch the popular "Angry Birds" video game on a new version of its set-top box for streaming online entertainment to TVs
A new report from the American Lung Association found that contributions from big tobacco companies topped $100 million over the past decade, including nearly $60 million to defeat Proposition 86.
The results, released Tuesday, may intensify pressure on Yahoo CEO Carol Bartz, who has spent the past 2 ½ years trying to turn around the Internet company.
14 people have been arrested for allegedly mounting a cyberattack on the Web site of San Jose-based PayPal in retaliation for suspending the accounts of WikiLeaks, according to the Justice Department.
Apple Inc.'s results trumped expectations for yet another quarter, with iPhone and iPad sales setting new records.
The location of one of the last Borders bookstores still open in the Bay Area, directly across from the Apple store on University Ave., seems an obvious answer to why the chain hopes to close all of its remaining stores by the end of the week.
Since 2007, more than $551,000 has changed hands among more than 300 participants in a program seen by many as a bridge between the formal economy and the informal economy that sometimes flourishes in immigrant communities.
Mortgage default notices in California have dropped in the second quarter of 2011 to their lowest level in four years.
