Tesla Short Sellers Lost More Than The US Airline Industry This Year
The incredible year for Tesla stock has created a bloodbath for those shorting the Bay Area-based electric carmaker's shares.
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The incredible year for Tesla stock has created a bloodbath for those shorting the Bay Area-based electric carmaker's shares.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
Stocks tumbled more than 942 points on the Dow Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy.
Charles Schwab said Monday that it is laying off 1,000 employees just weeks after completing its acquisition of TD Ameritrade.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
A surge in paying customers enabled Zoom to hail another quarter of explosive growth, deepening its integral role in life during the pandemic.
Tesla is preparing to split its stock, making it more affordable for average investors. It may need to do another one pretty soon if its shares keep surging.
The electric car company Tesla announced Tuesday evening it planned to split its stocks five-for-one, the first stock split in the company's history.
In the wake of the stock market collapse spurred by the economic impact of the COVID-19 crisis, U.S. Senator Dianne Feinstein has had to answer questions about stock trades involving her husband just prior to the market tanking.
To meet a surge in demand from consumers stuck at home, Blue Apron has hired more than 300 people at its fulfillment centers which include a facility on Regatta Blvd. in Richmond.
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The Dow Jones Industrial Average fell 631.56 points, or 2.7%, to 23,018.88, and the Nasdaq was down 297.50, or 3.5%, to 8,263.23.
The coronavirus pandemic's effect on the economy triggered a major sell-off Monday on Wall Street, where the Dow Jones Industrial Average dropped nearly 1,000 points in the final hour of trading to drop just short of 3,000 points for the day, the Dow's worst point drop in history.
While fears over the coronavirus outbreak have slammed financial markets around the world, there are those who think this may actually be a golden opportunity for those with money to invest.
An early plunge of 7% on Wall Street triggered a trading halt as a sell-off slamming global markets continued.
U.S. stocks tumbled once again on Friday, as coronavirus fears continue to mount, with Bay Area tech stocks taking a significant hit.
Shares of streaming giant Netflix soared for several hours Thursday before joining the steep drop in Silicon Valley tech stocks as Wall Street dropped more than 1,190 points over fears of the coronavirus.
Wells Fargo's net income tumbled in the fourth quarter, weighed down by hefty costs and a lower interest rate environment.
San Francisco-based Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement accelerated by massive disruption in the online brokerage industry.
Two of the leaders of the online brokerage industry may be merging.
After falling more than 960 points, the Dow pulled out of its steep decline in the final hour of trading Monday to finish with a 767-point loss at the closing bell as tech was hit hard after China devalued its currency.
Uber said Thursday it lost more than $1 billion in the first three months of 2019.
Shares of San Francisco-based Uber plunged on the first full day of trading for the rideshare app as a deepening trade battle between the U.S. and China pulled the entire market down sharply Monday.
Health officials in California are alerting consumers of a voluntary recall of a batch of cream top, whole milk that was produced by Raw Farms, LLC, in Fresno County after bird flu was detected in a sample.
Angel Brown is now learning how to navigate life without the love of her life and another heart she held close to hers.
Josh Jacobs rushed for 106 yards and matched a career high with three touchdowns and the Green Bay Packers trounced the short-handed San Francisco 49ers 38-10.
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Angel Brown is now learning how to navigate life without the love of her life and another heart she held close to hers.
Josh Jacobs rushed for 106 yards and matched a career high with three touchdowns and the Green Bay Packers trounced the short-handed San Francisco 49ers 38-10.
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
The turkeys and other food collected go to the San Francisco-Marin Food Bank and then out to community organizations.
A sinkhole opened up on Highway 101 in San Francisco Saturday morning, Caltrans said.
Some San Francisco roadways and neighborhoods experienced minor flooding Friday as the atmospheric river dumped heavy rain on the city.
Flash flood warnings were issued Friday afternoon for several Bay Area counties where instances of flooding deemed "life-threatening" were occurring.
The Bay Area is getting a break after the heavy rainfall on Friday, but the amount of rain that fell means some areas remain at risk of minor flooding.
From downed trees to power outages to flooded streets, Friday's storm caused big problems for many East Bay residents.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
Angel Brown is now learning how to navigate life without the love of her life and another heart she held close to hers.
The manager of a boxing gym in San Jose has been arrested on felony sexual assault charges after he allegedly committed sex crimes against three women, prosecutors said.
In Pacifica, like other spots along the coast, the potentially dangerous surf conditions are more of an issue than the rain.
Police in the South Bay have made an arrest after a man was found fatally shot in Morgan Hill on Wednesday morning.
Eataly, the gourmet Italian marketplace blending restaurants, cafes, and specialty products, offers an immersive experience designed to transport visitors straight to Italy.
It was a pretty busy Saturday night in downtown Napa, almost as if you'd never know the atmospheric river passed through just the day before.
Residents and small business owners feel fortunate there weren't massive problems as an atmospheric river rolled through the town of San Anselmo.
A man's death is under investigation in Santa Rosa after he was found dead in a creek Saturday morning after an atmospheric river dumped rain, authorities said.
A man died when he was found in a flooded vehicle after an atmospheric river dumped heavy rain in Northern California, authorities said.
The Bay Area is getting a break after the heavy rainfall on Friday, but the amount of rain that fell means some areas remain at risk of minor flooding.
Josh Jacobs rushed for 106 yards and matched a career high with three touchdowns and the Green Bay Packers trounced the short-handed San Francisco 49ers 38-10.
Victor Wembanyama scored 25 points, Harrison Barnes had 22 and the San Antonio Spurs overcame a 17-point third quarter deficit to beat the Golden State Warriors 104-94.
Joe Thornton spent a career setting up his teammates with the perfect passes that helped them score goals.
Fernando Mendoza threw for 299 yards and three touchdowns, Jonathan Brady had two touchdown catches and the go-ahead score and California rallied to beat Stanford 24-21 in the first Big Game as members of the Atlantic Coast Conference.
San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder.
A San Francisco judge dismissed most of the charges against an activist group arrested in the Golden Gate Bridge case, a press release issued Friday said.
A 10-year-old girl from Antioch is being credited for thwarting an attempted carjacking of her mother's vehicle by fighting off a would-be thief on Wednesday, police said.
BART's San Leandro station was closed Friday afternoon because of police activity, the agency said.
The manager of a boxing gym in San Jose has been arrested on felony sexual assault charges after he allegedly committed sex crimes against three women, prosecutors said.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
A study found that Elon Musk is the most common celebrity used in deepfake scams.
Autonomous vehicle company Cruise LLC agreed to a $500,000 fine Thursday after admitting to a false report following a crash last year in which one of its vehicles dragged a pedestrian in San Francisco.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Officials with the California Department of Public Health (CDPH) said they have identified a possible bird flu case in a child in Alameda County.
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The Supreme Court issued its first opinion of the term, a one-line decision dismissing Facebook's appeal.
California Gov. Gavin Newsom traveled into a part of the state that supports President-elect Donald Trump Thursday, speaking about jobs in a county that flipped from Democrat to Republican support this election cycle.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
In many Indigenous cultures across the Americas, gender is recognized as fluid, contrasting sharply with Western norms. Jose Martinez reports.
In many Indigenous cultures across the Americas, gender is recognized as fluid, contrasting sharply with Western norms.
As San Jose State University women's volleyball team gears up for their final games of the regular season, a new lawsuit is challenging their post-season eligibility.
Festivities began Friday for Dia de los Muertos -- or Day of the Dead, with those who celebrate preparing altars to honor family members who have passed.
A jury in Santa Clara County on Wednesday convicted a Milpitas man of murder for killing his transgender partner in 2021, prosecutors said.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Veteran Bay Area punk greats Victims Family returns to action with this intimate, sold-out show celebrating their 40th anniversary at the Big Easy in Petaluma Saturday night.
Lawyers for actor Jonathan Majors and Grace Jabbari agreed to dismiss the case with prejudice, according to a joint filing in Manhattan federal court.
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
The 18th edition of the Sleepless Nights benefit concert paying tribute to country-rock pioneer Gram Parsons brings an array of artists to the Chapel in San Francisco Friday night.
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.
More rain is coming to the Bay Area Monday and Tuesday but it won't be like anything we got over the last seven days.
Many people in Guerneville spent the day cleaning up after Russian River flood levels had gone down.
Angel Brown is now learning how to navigate life without the love of her life and another heart she held close to hers.
with Zoe Mintz.
CBS News Bay Area morning edition headlines for Nov. 24, 2024. Watch full newscasts streamed at the CBS SF website or on the app.
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.
An Oakland woman has brought the joy of dance and an appreciation for African American culture to performers and audiences for 52 years.
This week's Jefferson Award winner is a Berkeley woman who has promoted child literacy for four decades, as host of a community TV show encouraging young poets.
With hate crimes on the rise in the U.S., a pair of Oakland women have been equipping people with self-defense tools for free.
If a picture is worth a thousand words, what are two million photos worth? A history of Asian Americans in the Bay Area, for this week's Jefferson Award winner.
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.