San Francisco-Based Kalobios Files For Bankruptcy
Kalobios, the troubled South San Francisco-based drugmaker taken over by Martin Shkreli last month, is seeking bankruptcy protection less than two weeks after his arrest on securities fraud.
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Kalobios, the troubled South San Francisco-based drugmaker taken over by Martin Shkreli last month, is seeking bankruptcy protection less than two weeks after his arrest on securities fraud.
Standard General, which is partnering with Sprint, has upped its bid for the bankrupt chain by $20-million dollars to $165-million, in a bid to keep more than 1,700 stores open, co-branding them between Radio Shack and Sprint, and saving around 7,500 jobs.
A national chain of skin care clinics has reportedly filed for protection from its creditors in bankruptcy court, leaving thousands of customers who paid money up-front for services wondering what to do next.
Supporters of Bay Area Bike Share are hoping to get expansion plans back in the fast lane after financial woes have created delays.
The quake — although it exacted a greater toll in damage and injuries in Napa Valley — was the latest blow to a hard-luck community that has weathered years of bankruptcy and is now beset by poverty, gangs and crime.
Bryman College Monday closed BioHealth College in San Jose and its other for-profit colleges in Hayward, Los Angeles, San Francisco and San Jose, according to the California Bureau of Private Postsecondary Education.
The Bay Area Metropolitan Transportation Commission approved $8.7 million in funding Wednesday morning to expand the Bay Area Bicycle Share program to the East Bay in 2015 despite delays in existing expansion plans caused by the bankruptcy of a key business.
Cities in California are watching how the bankruptcy case plays out in Michigan, and whether it might affect their own proceedings in California.
Ecotality, which makes charging systems for electric vehicles, has filed for Chapter 11 bankruptcy protection and wants to sell its assets in an auction.
A Mi Pueblo spokeswoman assures that customers of the grocery chain won't feel the effects of the companies bankruptcy filing. Meanwhile Smart & Final is opening a store in East San Jose.
Electric car maker CODA Holdings Inc. filed for bankruptcy protection Wednesday after selling just 100 cars and said it plans to quit the auto business altogether.
The people of Stockton will feel financial fallout for years after a federal judge ruled Monday to let the city become the most populous in the nation to enter bankruptcy.
Singer Dionne Warwick claims in a recent bankruptcy filing that she owes nearly $10 million in back taxes and her monthly expenses exceed $20,000.
Lawyers for the California city of Stockton said Monday it has cut its budget and services to the bone and has no choice about trying to become the most populous U.S. city to enter bankruptcy.
The only remaining Hostess Bakery Outlet in the Bay Area has been donating free bread to Vallejo non-profits as the store prepares to close its doors for good.
Hostess Brands Inc. says it's going out of business after striking workers across the country crippled its ability to make its Twinkies, Ding Dongs and other snacks.
Four candidates who are running for political office in the city of Gilroy this November have filed for bankruptcies in the past.
The failed solar power company Solyndra LLC is asking a Delaware bankruptcy judge to confirm its proposed reorganization plan over objections from government attorneys.
Government attorneys are urging a Delaware bankruptcy judge to reject the proposed reorganization plan of failed solar power company Solyndra LLC.
One of the largest turkey producers in the nation, Zacky Farms, has filed for bankruptcy, blaming the soaring price of feed.
A fiscal emergency has been declared in the small Central California city of Atwater, a move that could lead to the state's fourth municipal bankruptcy this year.
Seagate Technology has reached a tentative deal to buy the former headquarters of solar company Solyndra.
One of the nation's top credit rating agencies will begin a wide-ranging review of municipal finances in California because of what it sees is a growing threat of increased city bankruptcies and bond defaults.
Bankrupt solar company Solyndra has agreed to pay $3.5 million to settle accusations that it failed to properly notify employees they would losing their jobs.
A bond insurer said lenders are losing millions in Stockton's bankruptcy while the city continues to fund pricey pensions.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
A San Francisco tech billionaire is leading an effort to bring back local crab in time for Thanksgiving, arguing the issue is about more than tradition.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
UC Berkeley hosted a conference for people who are imagining the true reach of human longevity.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
A San Francisco tech billionaire is leading an effort to bring back local crab in time for Thanksgiving, arguing the issue is about more than tradition.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
UC Berkeley hosted a conference for people who are imagining the true reach of human longevity.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
A San Francisco tech billionaire is leading an effort to bring back local crab in time for Thanksgiving, arguing the issue is about more than tradition.
It will go into effect at 11 a.m. and will remain through Sunday evening. The NWS said it was issued as there is an increased risk of sneaker waves and rip currents.
At the Lucile Packard Children's Hospital at Stanford University, an incredible collaboration is taking place between a 16-year-old high school student and the medical staff.
Police in San Francisco said a drone unit helped lead to the arrest of two people suspected of robbing a victim of their gold chain earlier this week.
UC Berkeley hosted a conference for people who are imagining the true reach of human longevity.
According to Oakland Fire, two people were seriously injured, three had minor injuries, and two people refused care. Their condition as of Saturday afternoon was not known.
Police said the investigation and arrests stem from a sideshow that happened on Sept. 25, 2025.
Hundreds of workers and labor advocates gathered in East Oakland on Friday to mark May Day, also known as International Workers' Day, using the annual event to call for a range of political and economic changes.
Three men were arrested after multiple Bay Area law enforcement agencies targeted child predators in a sting operation in Newark this week, police said Friday.
A Monterey County man is accused of multiple felonies, including attempted murder, human trafficking and weapons offenses, after he allegedly strangled a woman, authorities said.
Police in San Jose released sketches of two suspects as they seek to solve the cold case killing of a teenager.
Archaeologists are learning more about one of the oldest Chinese villages in California history, which is part of this reporter's own heritage.
A wayward sea lion pup that was found in the middle of a street in Sunnyvale last month has been rehabilitated and released into the wild, authorities said Thursday.
A man wanted for vandalism on California's Central Coast was arrested by European authorities in connection with an alleged terror attack in Czechia, authorities said.
A whale washed ashore on the Mendocino County coast, as researchers say the numbers of reported whale deaths appear to be rising on the West Coast.
Authorities in Sonoma County are seeking help from the public after a series of copper wire thefts have led to phone and internet service disruptions in the western part of the county.
A rock climber at a remote coastal area in Sonoma County who needed medical assistance after a fall was rescued by a helicopter crew over the weekend, authorities said.
Police in Santa Rosa have arrested a man on multiple felony charges after he allegedly slashed the tires of dozens of vehicles in a neighborhood.
Police are offering a reward for the public's help following an armed robbery and shooting at a Santa Rosa market over the weekend.
Jonathan Aranda hit a two-run single in Tampa Bay's three-run fifth inning and the Rays defeated the San Francisco Giants 5-1.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Yandy Diaz and Junior Caminero homered to back six strong innings from Shane McClanahan and the Tampa Bay Rays beat the San Francisco Giants 3-0 on Friday night.
The Kentucky Derby saw a field of 18 horses Saturday in the first leg of the 2026 competition for horse racing's Triple Crown.
Kyle Schwarber hit a tying double with two outs in the ninth inning, Alec Bohm delivered with his glove and bat in the 10th, and the Phillies defeated the Giants 6-5 to sweep their split doubleheader.
According to Oakland Fire, two people were seriously injured, three had minor injuries, and two people refused care. Their condition as of Saturday afternoon was not known.
Police said the investigation and arrests stem from a sideshow that happened on Sept. 25, 2025.
Three men were arrested after multiple Bay Area law enforcement agencies targeted child predators in a sting operation in Newark this week, police said Friday.
A Monterey County man is accused of multiple felonies, including attempted murder, human trafficking and weapons offenses, after he allegedly strangled a woman, authorities said.
Police in San Jose released sketches of two suspects as they seek to solve the cold case killing of a teenager.
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
The technology uses ultra-low sound waves as a way to extinguish a fire. It was just a theory until 2015, when a pair of students at George Mason University demonstrated the world's first sonic fire extinguisher.
The new Department of Motor Vehicles regulations allow law enforcement agencies to issue notices of traffic violations to autonomous vehicle companies when their cars commit moving violations.
Elon Musk alleges that OpenAI reneged on a promise to operate as a nonprofit dedicated to human progress.
An ice cream company based in the San Francisco Bay Area is recalling dozens of products after they were sold without labels disclosing potentially dangerous allergens.
Health officials in San Francisco announced Wednesday that an infant who recently traveled outside the United States has tested positive for measles.
A dead bat found at a Fremont home earlier this week has tested positive for the deadly rabies virus, according to authorities.
An East Bay woman is using the sport of pickleball to help find a cure for Parkinson's disease.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
Hundreds of workers and labor advocates gathered in East Oakland on Friday to mark May Day, also known as International Workers' Day, using the annual event to call for a range of political and economic changes.
May Day protesters disrupted access to the terminals at San Francisco and Oakland airports on Friday, authorities said.
Negotiations over a $500 million dollar government aid package for Spirit stalled after bondholders balked at the terms.
San Francisco is expanding availability of free and low-cost childcare for the city's working families, by adding hundreds of spots for infants and toddlers.
The longest shutdown of a federal department in U.S. history came to an end on Thursday when President Trump signed a bill to fund most of the Department of Homeland Security following a breakthrough on Capitol Hill.
Philz Coffee will once again sport the Pride flag at its cafés after a directive to have them and other flags removed created a backlash.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
The Trump administration has given San Jose State University 10 days to change its policy on transgender athletes or face legal action and possibly lose federal funding.
At Last Rites, the weekly gathering goes beyond simply watching a television show. For fans, it's an immersive experience, one that brings them closer to the world of "Survivor," and to each other.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Michael Tilson Thomas, the 12-time Grammy Award winning composer and famed conductor who led the San Francisco Symphony for a quarter century, has died.
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
Adrian Arias's work, entitled "Layers of the Mission: A Celebration of Memory and Resilience," is intended to bring attention to who he describes as real-life neighborhood heroes.
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.
One person was taken to a hospital after an e-bike caught on fire inside a room in San Francisco on Saturday night, firefighters said.
This comes after a contractor accidentally leaked cement slurry into the drinking water line.
Here's a look at the weather forecast Saturday evening.
Ripple co-founder Chris Larsen says it's not just about restoring a San Francisco tradition, it's also about righting a wrong and speaking up for local fishermen.
John Ramos reports.
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.