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Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business.
JCPenney plans to close nearly 200 stores this year and an additional 50 stores next year.
The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate.
PG&E is warning its elaborate plan for getting out of bankruptcy might collapse if the utility can't pay for its criminal liability in the deadly Camp Fire by taking money away from a fund set up to compensate victims for their losses.
Pacific Gas & Electric and California Gov. Gavin Newsom announced a deal Friday for the nation's largest utility to emerge from bankruptcy triggered by massive liabilities from wildfires.
PG&E won court approval to raise $23 billion to help pay its bills over destructive California wildfires after Gov. Gavin Newsom dropped his opposition to a financing package designed to help the nation's largest utility get out of bankruptcy.
A federal judge scolded PG&E officials Wednesday, harshly criticizing them for falling short on the utility's wildfire mitigation plan and threatening to withhold their executive bonuses.
McClatchy, the publisher of the Sacramento Bee, Miami Herald and dozens of other newspapers, has filed for bankruptcy protection as it struggles to pay off debt while revenue shrinks
A federal judge on Tuesday approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles from the state of California.
Gov. Newsom's opposition to PG&E's restructuring plan a week after it struck a $13.5 billion settlement with fire victims is forcing the nation's largest utility to go back to the negotiating table and come up with a solution quickly.
PG&E will be able to avoid two legal obstacles that could have tripped up its efforts to bounce back from bankruptcy if a $13.5 billion settlement with victims of catastrophic fires blamed on the utility's equipment is approved.
The company that owns retailers Sears and Kmart announced that it plans to close nearly 100 stores nationwide by early next year, including four locations in the Bay Area.
California's governor called the chief executive of a troubled utility to his office on Tuesday for a closed-door meeting as the company struggles to emerge from a high-profile bankruptcy while facing criticism for its practice of shutting off power for millions of people to prevent wildfires.
California Gov. Gavin Newsom said Friday that he wants to speed up the troubled Pacific Gas & Electric bankruptcy case so the company can be restructured in time for next year's wildfire season.
Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy.
The deadly Camp Fire that roared through Paradise and other Butte County communities, killing 85, destroying 18,804 structures and charring 153,336 acres was caused by electrical transmission lines owned and operated by Pacific Gas & Electric Company, state officials announced Wednesday.
A federal bankruptcy judge in San Francisco on Tuesday approved a plan by PG&E Co. to pay up to 10,000 employees $235 million in bonuses for their work in 2019.
PG&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.
PG&E's new CEO is set to make $3 million on his first day on the job Wednesday.
Pacific Gas & Electric Corp. named Bill Johnson as its chief executive officer and president on Wednesday along with 10 new board members
Pacific Gas & Electric Corp. is seeking a judge's approval to pay $235 million in bonuses to thousands of employees despite the San Francisco-based utility's bankruptcy.
The embattled utility said Thursday it's taking a $10.5 billion charge for claims connected to the Camp Fire in its fourth quarter earnings.
Half of the board at PG&E is unlikely to stand for re-election at the besieged San Francisco-based utility company that is reeling in the aftermath of last year's deadly California wildfires.
When popular San Francisco-based meal delivery start-up Munchery shut down last week, customers, vendors and employees were caught by surprise.
A suspect in an armed robbery at a Fairfield mini mart was arrested after leading police on a pursuit in a stolen vehicle into Napa County on Saturday, authorities said.
As a cold pour hits the glass at The Sycamore in the Mission District, chatter rises, lights dim slightly, and Astronomy on Tap eases into motion, blending a little stargazing spirit with a laid-back night at the bar.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
FIFA announced the match-ups and times for the six World Cup 2026 games that will be played at Levi's Stadium.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
A suspect in an armed robbery at a Fairfield mini mart was arrested after leading police on a pursuit in a stolen vehicle into Napa County on Saturday, authorities said.
As a cold pour hits the glass at The Sycamore in the Mission District, chatter rises, lights dim slightly, and Astronomy on Tap eases into motion, blending a little stargazing spirit with a laid-back night at the bar.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
FIFA announced the match-ups and times for the six World Cup 2026 games that will be played at Levi's Stadium.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
Brixton was at Union Square to share his final goodbyes after his owner and handler, Linda Gordon, learned he had been diagnosed with an aggressive cancer.
A housing controversy is brewing in San Francisco's Marina District, and even some pro-housing advocates are speaking out against a new development proposal.
A man convicted in the 2020 killing of a 19-year-old in San Francisco's Portola neighborhood will likely spend the rest of his life behind bars, prosecutors said.
San Francisco's newly appointed police chief, Derrick Lew, is taking office with an ambitious promise: "I truly believe we're entering a golden era in San Francisco."
A social worker was stabbed and severely injured Thursday inside Zuckerberg San Francisco General Hospital, authorities said.
Hundreds gathered Friday night in Oakland for a tribute to coach John Beam and to celebrate his life. It was the first organized memorial for the coach since he was fatally shot on Nov. 13.
Philanthropist Mackenzie Scott donated $50 million to Cal State East Bay, and the community is thrilled and grateful for the opportunities this funding will bring.
Just a year after Alameda County District Attorney Pamela Price was recalled by nearly 63% of the voters, she's running again to get her job back.
The zoo has written a glowing love letter to the city of Oakland, in its new exhibit: The Future of Oakland.
About 1,500 teachers at the West Contra Costa Unified School District took to the picket lines on Thursday, striking over what they said were low pay and a lack of permanent staffing.
FIFA announced the match-ups and times for the six World Cup 2026 games that will be played at Levi's Stadium.
The mother of a newborn baby who was found dead in Monterey County in 1994 has pleaded guilty to her son's death, prosecutors said.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
Kiara Manion opened Bloom with her husband during the COVID-19 pandemic, building a following around breakfast classics such as chicken and waffles. The restaurant has also become a go-to gathering place on San Francisco 49ers game days.
Santa Clara County District Attorney Jeff Rosen announced charges against the 17-year-old accused of shooting three people at San Jose's Westfield Valley Fair mall on Black Friday.
Two people suspected of stealing nearly $100,000 in items from a construction site in Napa County were arrested following dual pursuits early Thursday, police said.
One of two people charged in the Santa Rosa killing of Mark Calgani, the general manger of San Francisco's Condor Club, has pleaded no contest in the case.
A California animal rights activist who took four chickens from a Perdue Farms poultry plant in Sonoma County was sentenced on Wednesday to 90 days in jail following her conviction in October.
Cal Fire said, around 3 p.m., crews were called to Bean Hollow State Beach near Pescadero for a report of a person in the water.
Marin County has passed some new regulations to prevent wildfires that will take effect on Jan. 1.
FIFA announced the match-ups and times for the six World Cup 2026 games that will be played at Levi's Stadium.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
California has hired Tosh Lupoi as the new head coach, bringing back the former Golden Bears player and assistant.
Rookie VJ Edgecombe and Tyrese Maxey each made huge plays in the final seconds as the Philadelphia 76ers beat the short-handed Golden State Warriors.
The Athletics are on track to open their new Las Vegas stadium on time, officials said Thursday.
A suspect in an armed robbery at a Fairfield mini mart was arrested after leading police on a pursuit in a stolen vehicle into Napa County on Saturday, authorities said.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
A man convicted in the 2020 killing of a 19-year-old in San Francisco's Portola neighborhood will likely spend the rest of his life behind bars, prosecutors said.
A teenager who fired a gun during an after-school skirmish at Fairfield High School in September was already awaiting sentencing in a separate gun assault case at the time and will serve six months in detention for both cases, police said.
Two people suspected of stealing nearly $100,000 in items from a construction site in Napa County were arrested following dual pursuits early Thursday, police said.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
An alert sent to people across California warning about a strong earthquake striking Northern Nevada on Thursday morning was sent in error, officials said.
Bay Area technology giants were among the winners at the 76th Annual Technology and Engineering Emmy Awards in New York on Thursday.
Children and adolescents who own smartphones by age 12 have higher risks of depression, poor sleep and obesity, according to a new study.
AI is swiftly reshaping America's labor market, performing many technical and cognitive tasks across a range of industries, study says.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Consumers with the imported pans should throw them away due to the severe health risks posed by lead, the agency warns.
ByHeart said it can't rule out that all of its baby formula across all product lots could be contaminated, citing recent test results.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Just a year after Alameda County District Attorney Pamela Price was recalled by nearly 63% of the voters, she's running again to get her job back.
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
Derrick Lew, who was born and raised in San Francisco, has been with the department for more than 20 years, and in that time, he has served at the Ingleside, Bayview, Mission and Central stations, the mayor's office said.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
Advocacy group The Trevor Projected released data from the first year of a study following more than 1,600 LGBTQ+ youth across the country.
A former Yosemite employee says they've been fired by the National Park Service, three months after flying a transgender pride flag from El Capitan.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Netflix on Friday said it will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
Families along Thompson Avenue, also known as Christmas Tree Lane, have decked out their porches and front lawns in time for the holidays.
Cirque du Soleil's return brings more than spectacle to San Francisco; it continues to fuel the local economy. Nightly performances draw thousands into the 2,500-seat Big Top near Oracle Park, boosting foot traffic and business in the Mission Bay neighborhood.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
As a cold pour hits the glass at The Sycamore in the Mission District, chatter rises, lights dim slightly, and Astronomy on Tap eases into motion, blending a little stargazing spirit with a laid-back night at the bar.
Loureen Ayyoub reports on a therapy dog that was recently diagnosed with an aggressive form of cancer. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
with Zoe Mintz.
Hundreds gathered Friday night in Oakland for a tribute to coach John Beam and to celebrate his life. It was the first organized memorial for the coach since he was fatally shot on Nov. 13.
Laney College coach John Beam was killed in a shooting in Oakland in November.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.