Burlingame-Based Virgin America Soars On Nasdaq IPO
The shares opened at $27 -- $4 higher than the price that the airline set—and then jumped as high as $29.74 within about an hour of the opening bell on the Nasdaq stock market.
The shares opened at $27 -- $4 higher than the price that the airline set—and then jumped as high as $29.74 within about an hour of the opening bell on the Nasdaq stock market.
U.S. stocks tumbled across indexes Wednesday as fears of a global economic slowdown intensified, with the Dow Jones industrial average in its fourth day of consecutive losses - plunging more than 400 points.
Alibaba's stock is surging as the Chinese e-commerce powerhouse's begins its first day trading as a public company.
Investors sent shares of San Mateo-based GoPro Inc. (GPRO) up more than 30 percent in their stock market debut Thursday, following an initial public offering that valued the sports camera maker at about $3 billion.
The maker of wearable sports cameras, loved by mountain climbers, divers, surfers and other extreme sports fans, is expected to sell its shares publicly for the first time and begin trading on the Nasdaq stock market Thursday.
A mysterious glitch halted trading on the Nasdaq for three hours Thursday in the latest major electronic breakdown on Wall Street, embarrassing the stock exchange that hosts the biggest names in technology, including Apple and Google.
Tesla will be joining the Nasdaq-100 Index on Monday as software maker Oracle Corp. heads to the New York Stock Exchange.
Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook's public stock offering last year.
Apple needs to come down off its perch and start making nice with Wall Street, analysts said Thursday as investors hammered the company's stock. The sell-off put Apple a hair's-breadth away from losing its status as the world's most valuable company.
Facebook's beleaguered stock got an afternoon boost after hitting its lowest level ever earlier in the day.
Facebook's stock fell to $19 for the first time on Friday, meaning it has lost half its market value since the company's initial public offering in May.
The stock increased $1.40, or 4.7 percent, to close Monday at $31.41. That's still down 17 percent from Facebook's IPO price of $38. Facebook began trading on May 18.
The Nasdaq stock exchange tried to make amends with investors ensnared by technical problems on the day Facebook went public.
Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.
Facebook is in talks with the New York Stock Exchange to move its stock from the Nasdaq Stock Market after a botched initial public offering on Friday, according to a person familiar with the matter.
After the social network's stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied.
Facebook stock rose more than 10 percent in the world's biggest online social network's debut as a publicly-traded company before retreating back to break-even levels.
He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO.
Menlo Park-based Facebook is planning to list its shares with Nasdaq, according to media reports.
Zynga said in a filing Thursday with Securities and Exchange Commission that it expects to list its shares on the exchange under the ticker symbol "ZNGA."
Charles Schwab is recuperating after undergoing successful heart valve replacement surgery on Friday.
A gloomy outlook from Cisco Systems Inc. is shaking some investors' faith in the strength of the technology industry's recovery.
Shares of Complete Genomics slid below their offering price in their first day of trading on the Nasdaq Global Market.
Brent Rooker hit a two-run homer in the fourth inning and the Oakland A's beat the Miami Marlins 3-1 on Friday night for their fifth straight victory.
A police pursuit of a shooting suspect through the East Bay on I-80 Friday afternoon came to a halt in Fairfield, starting an hours-long standoff that shut down the freeway in both directions before coming to a grim end.
The surging Philadelphia Phillies defeated the San Francisco Giants 4-3 on Friday night.
A native San Franciscan who became the first Miss Chinatown 76 years ago recently received a sparkling new crown.
A San Jose officer was in critical condition following a shootout with a domestic violence suspect on Thursday night in the city's Santa Teresa neighborhood, police said.
A police pursuit of a shooting suspect through the East Bay on I-80 Friday afternoon came to a halt in Fairfield, starting an hours-long standoff that shut down the freeway in both directions before coming to a grim end.
A native San Franciscan who became the first Miss Chinatown 76 years ago recently received a sparkling new crown.
A San Jose officer was in critical condition following a shootout with a domestic violence suspect on Thursday night in the city's Santa Teresa neighborhood, police said.
Gov. Newsom announced Friday that a stretch of Highway 1 near Big Sur, closed since March 30 due to a washout during a storm, will reopen to signal-controlled traffic by May 25.
Saturday's planned 25th annual How Weird Street Faire in San Francisco's SoMa District is being postponed because of the forecast rain and wind, according to event organizers.
A native San Franciscan who became the first Miss Chinatown 76 years ago recently received a sparkling new crown.
Saturday's planned 25th annual How Weird Street Faire in San Francisco's SoMa District is being postponed because of the forecast rain and wind, according to event organizers.
A woman linked to stealing $60,000 in items during dozens of retail thefts at a single Target store in San Francisco has been found guilty, prosecutors announced Friday.
Officials in San Francisco on Friday provided details on a proposed "entertainment zone" in the city's downtown Financial District that would allow alcoholic beverages on the street during outdoor events and activations.
One of the most impressive free concert series in the Bay Area kicks off this weekend when the Yerba Buena Gardens Festival hosts Cuban percussionist Pedrito Martinez and his band Saturday.
A police pursuit of a shooting suspect through the East Bay on I-80 Friday afternoon came to a halt in Fairfield, starting an hours-long standoff that shut down the freeway in both directions before coming to a grim end.
Two men, along with two minors, have been charged in connection with a shootout at a mini market in West Oakland earlier this year, prosecutors said Friday.
A Berkeley company was about to win top honors in a prestigious food competition for its vegan blue cheese, until a change in the rules led to a big stink.
The Bay Area Air Quality Management District has accused Tesla's Fremont plant of potentially emitting thousands of tons of illegal air pollutants in recent years and is seeking an order to force the company to take measures to stop.
A hair salon owner in Concord has been arrested on suspicion of multiple counts of sexual assault against a minor, police said Thursday.
A San Jose officer was in critical condition following a shootout with a domestic violence suspect on Thursday night in the city's Santa Teresa neighborhood, police said.
Gov. Newsom announced Friday that a stretch of Highway 1 near Big Sur, closed since March 30 due to a washout during a storm, will reopen to signal-controlled traffic by May 25.
Hisham Abdelfattah is a Filipino/Palestinian-American whose El Halal Amigos restaurant is a melting pot of foods, flavors,and cultures.
A group of businesses celebrated their grand opening on Friday at Moment Paseo in Downtown San Jose, part of an effort to revitalize the neighborhood and support small businesses.
The recount to break a historic tie in the race for the 16th Congressional District ended with Assemblymember Evan Low narrowly securing second place over Santa Clara Co. Supervisor Joe Simitian, moving Low to the November election.
Authorities in Solano County said no charges will be filed in connection with a deadly Vallejo shooting earlier this year, after it was determined to be in self-defense.
The size and scope of a planned affordable housing complex in Marin City has been scaled down virtually by half after pushback from the community, according to Marin County.
A man who apparently drowned Wednesday after going into the water at Drakes Beach was identified as the Mill Valley music teacher arrested on child sex abuse charges a day earlier, according to authorities.
Santa Rosa officers arrested a man who allegedly stole an ambulance after he asked for a ride to go a hospital, police said Thursday.
President Joe Biden has signed a proclamation expanding the Berryessa Snow Mountain National Monument, the White House announced Thursday.
Brent Rooker hit a two-run homer in the fourth inning and the Oakland A's beat the Miami Marlins 3-1 on Friday night for their fifth straight victory.
The surging Philadelphia Phillies defeated the San Francisco Giants 4-3 on Friday night.
Mike Yastrzemski had a visit from his grandfather Carl and then homered into the Red Sox bullpen like the Hall of Fame outfielder so often did in his heyday, and the San Francisco Giants beat Boston 3-1 on Thursday.
Kutter Crawford pitched a career-high seven innings, Connor Wong had three hits and the Boston Red Sox beat the San Francisco Giants 6-2.
The Oakland Ballers on Wednesday released more details of their $1.6 million plan to renovate the independent professional baseball team's new home, Raimondi Park.
A police pursuit of a shooting suspect through the East Bay on I-80 Friday afternoon came to a halt in Fairfield, starting an hours-long standoff that shut down the freeway in both directions before coming to a grim end.
A San Jose officer was in critical condition following a shootout with a domestic violence suspect on Thursday night in the city's Santa Teresa neighborhood, police said.
A woman linked to stealing $60,000 in items during dozens of retail thefts at a single Target store in San Francisco has been found guilty, prosecutors announced Friday.
Two men, along with two minors, have been charged in connection with a shootout at a mini market in West Oakland earlier this year, prosecutors said Friday.
Authorities in Solano County said no charges will be filed in connection with a deadly Vallejo shooting earlier this year, after it was determined to be in self-defense.
The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant's search engine constitutes an illegal monopoly.
Sidechat, an anonymous messaging app, has been used by students to share opinions and updates, but university administrators say it has also fueled hateful rhetoric.
Despite posting its steepest quarterly decline in iPhone sales since the beginning of the pandemic, Apple's stock surged Thursday after the company announced a 4% increase in its quarterly dividend and a $110 billion stock buyback plan.
Do social media users have the right to control what they see — or don't see — on their feeds.
A move by Elon Musk to lay off the department behind Tesla's electric vehicle chargers this week has touched off concerns in the auto industry that EVs from other automakers will have trouble joining Tesla's network.
There are a number of beautiful spots to go hiking in the Bay Area but for some, just walking the trails is not enough.
A state assemblymember from San Francisco introduced a new bill this week that aims to regulate kratom products sold in California.
Recall involves shelled walnuts distributed in 19 states and sold in bulk bins at natural food and co-op stores.
Methylene chloride, a toxic chemical, is linked to at least 88 deaths since 1980, federal regulators say.
California is partnering with a New Jersey-based pharmaceutical company to purchase a generic version of Narcan, the most well-known version of naloxone that can save a person's life during an opioid overdose.
Officials in San Francisco on Friday provided details on a proposed "entertainment zone" in the city's downtown Financial District that would allow alcoholic beverages on the street during outdoor events and activations.
The government and Google are making their closing arguments in a high-stakes antitrust trial to a federal judge in Washington who must now decide whether the tech giant's search engine constitutes an illegal monopoly.
Roughly 100,000 immigrants who were brought to the U.S. as children are expected to enroll in the Affordable Care Act's health insurance next year under a new administration rule, the White House says.
Hope Hicks, one of former President Donald Trump's closest aides for years, told jurors how she handled the fallout from "hush money" payments made to two women before the 2016 election.
President Biden awarded the Presidential Medal of Freedom, the nation's highest civilian honor, to 19 recipients.
A Northern California school district is being sued by the state over allegations the district failed to carry out corrective actions in a controversial gender notification policy adopted last summer.
More than a third of LGBTQ young people seriously considered suicide in the past year, the survey found.
One of San Francisco's oldest LGBTQ bars, on Saturday the Stud re-opened it's doors for the first time in four years at a new location.
A California judge has tentatively sided with state Attorney General Rob Bonta in a dispute over the title of a proposed ballot measure that would require school staff to notify parents if their child asks to change gender identification at schools.
On Friday morning, a special ceremony held on board the USNS Harvey Milk paid homage to the San Francisco gay rights icon who is its namesake.
Saturday's planned 25th annual How Weird Street Faire in San Francisco's SoMa District is being postponed because of the forecast rain and wind, according to event organizers.
Officials in San Francisco on Friday provided details on a proposed "entertainment zone" in the city's downtown Financial District that would allow alcoholic beverages on the street during outdoor events and activations.
One of the most impressive free concert series in the Bay Area kicks off this weekend when the Yerba Buena Gardens Festival hosts Cuban percussionist Pedrito Martinez and his band Saturday.
This weekend there will be a special food and wine festival curated by and for people of color with events happening on both sides of the Bay.
See who's nominated for the 77th annual Tony Awards. The Tonys will air live on CBS and Paramount+ on Sunday, June 16.
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.
A native San Franciscan who became the first Miss Chinatown 76 years ago recently received a sparkling new crown. Sharon Chin reports. (5-3-24)
CBS News Bay Area evening edition headlines for Friday May 3, 2024. Watch full newscasts streamed at the CBS SF website or on the app. Website: http://kpix.com
If approved, this zone would let local bars and restaurants sell alcoholic beverages as part of organized outdoor events. Amanda Hari reports. (5-3-24) Website: http://kpix.com YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: http://www.facebook.com/CBSSanFrancisco Instagram: http://www.instagram.com/KPIXtv Twitter: http://twitter.com/KPIXtv
I-80 was shut down in both directions in Fairfield Friday afternoon by a police standoff with a freeway shooting suspect. Anne Makovec reports. (5-3-24) Website: http://kpix.com YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: http://www.facebook.com/CBSSanFrancisco Instagram: http://www.instagram.com/KPIXtv Twitter: http://twitter.com/KPIXtv
Five new pop-up shops are open for business along Paseo de San Antonio not far from San Jose State University. Len Ramirez reports. (5-3-24)
A San Francisco native is helping keep alive the city's historic Japantown, one of only three left in the U.S.
A Redwood City man changed his career path - from running Stanford's Digital Language Lab to going to beauty school - so he could serve his community in a way that's more meaningful to him.
A San Francisco-based nonprofit created by this week's Jefferson Award winner helps low income and unsheltered people stay healthy and feel good about themselves.
A trio who's led the way in keeping San Mateo County beaches clean is launching a whale of an idea for Earth Day.
Two Peninsula mothers are encouraging San Mateo County youth to think about how they can care for the environment and express themselves using the video tools they already use.
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.
A onetime pupil has now become a student advisor, giving back after years of mentorship led him to success.
Police departments all over the country are having a hard time finding new officers, but one Bay Area student is criss-crossing the world while preparing for a career in law enforcement here at home.
When most people graduate from college, they tend to focus on one job. But this month's Students Rising Above scholar is currently juggling multiple workplace assignments.