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Stock Market Rebounds, Biggest Gain In 7 Years
The Dow Jones industrial average soared more than 600 points Wednesday, its biggest gain in seven years.
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The Dow Jones industrial average soared more than 600 points Wednesday, its biggest gain in seven years.
Apple shares helped lead the stock market on a steep dive Monday morning, but the tech giant made a partial recovery after CEO Tim Cook assured a popular Wall Street commentator that his company is still doing well in China.
Some of the most bullish local realtors have been flinching as markets on both sides of the Pacific have plunged.
Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.
New home sales surged higher by nearly 7% in April, durable goods orders rebounded with a business investment spending improving for the second straight month, a critical sign for growth, and even consumer confidence is on the rise, although that really hasn't translated into higher retail spending, in spite of lower gas prices and an improving job market.
Uber is reportedly seeking a new round of financing that could make the San Francisco-based ridesharing startup worth $50 billion, before offering publicly traded stock.
Twitter's stock is falling sharply after the company's earnings — due to be released after the stock market closes — came out ahead of time.
Cash rained down on startups in 2014 but with valuations so high, critics suggest some investors may be setting themselves up for a major fall.
Uber's $40 billion valuation had investors from Wall Street to Silicon Valley abuzz a day after the ride-sharing company announced it had received more money from venture capitalists than any private company this year.
On Thursday nights at San Quentin, inmates pack a classroom to hear from a man they call "The Oracle."
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.
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.
Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.
Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services.
Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 percent to 45 percent below their recent peaks. The steep downfall is raising questions about whether this is just a fleeting fit of fickleness or the foreshadowing of another market bubble about to burst.
Investors are worried about slower economic growth in China, a gloomier outlook for U.S. corporate profits and an end to easy money policies in the United States and Europe. They're also fretting over country-specific troubles around the world—from economic mismanagement in Argentina to political instability in Turkey.
Twitter's stock slid more than 7 percent on its second trading day Friday, after the popular short messaging service saw a huge first-day pop in what turned out to be a smooth public debut.
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As Twitter prepares to complete its initial public offering of stock this week, the San Francisco company's history of losses totaling nearly $500 million is raising questions about its ability to turn a cultural phenomenon into a sustainable business.
Twitter says it will sell more than 70M shares between $17 and $20 per share in its IPO .
Twitter, a privately held company built on blurbs, has finally laid itself bare in documents that read more like a treatise than a tweet.
The personal fortune of Twitter co-founder Evan Williams probably will take up 10 characters once the online communications company goes public.
A bankrupt electronics retailer appears to have gotten caught up in the investor fervor for Twitter.
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.
In 1998, Kamala Harris became San Francisco's assistant DA and two who worked closely with her recall a public servant deeply interested in making people's lives better.
President Biden announced Sunday he is dropping his reelection bid in the 2024 presidential race and endorsing Vice President Kamala Harris.
The Oakland Ballers independent professional baseball team is changing managers before the end of its inaugural season.
Bay Area Democrats hope to see Kamala Harris become the party nominee for president, saying that would pit a former prosecutor against a convicted felon.
Participation in the annual San Francisco AIDS Walk has declined. Organizers say that's not such a bad thing.
In 1998, Kamala Harris became San Francisco's assistant DA and two who worked closely with her recall a public servant deeply interested in making people's lives better.
President Biden announced Sunday he is dropping his reelection bid in the 2024 presidential race and endorsing Vice President Kamala Harris.
Bay Area Democrats hope to see Kamala Harris become the party nominee for president, saying that would pit a former prosecutor against a convicted felon.
Participation in the annual San Francisco AIDS Walk has declined. Organizers say that's not such a bad thing.
In 2010, Kamala Harris became the first female, Black and South Asian attorney general in California history.
In 1998, Kamala Harris became San Francisco's assistant DA and two who worked closely with her recall a public servant deeply interested in making people's lives better.
Participation in the annual San Francisco AIDS Walk has declined. Organizers say that's not such a bad thing.
Vice President Kamala Harris is on the threshold of a possible presidential nomination following President Joe Biden's decision to not seek re-election.
A popular LGBTQ+ nightclub in San Francisco experienced a frightening gunpoint robbery.
A man was found shot and a woman was stabbed in the South of Market neighborhood Friday.
Vice President Kamala Harris is on the threshold of a possible presidential nomination following President Joe Biden's decision to not seek re-election.
A 47-year-old man accused of animal cruelty was arraigned Thursday in Stockton, prosecutors said.
An Oakland man has been accused of a freeway shooting after a road rage incident northeast of Orinda in June, the California Highway Patrol said Friday.
A couple of East Bay communities have experienced persistent power outages in recent months. Pleasanton and Danville leaders worried about their seniors, since some of the outages happened on very hot days.
PG&E warned Friday that about 16,000 customers across seven counties could have their power shut off Saturday due to safety reasons from potential dry and windy conditions.
Regional Medical Center in East San Jose will no longer be closing, but community members are still concerned.
The pressure for President Joe Biden to drop out of the Presidential Race continues to increase. Democratic leaders are publicly calling for him to step aside, including some from the Bay Area.
PG&E warned Friday that about 16,000 customers across seven counties could have their power shut off Saturday due to safety reasons from potential dry and windy conditions.
A man detained for suspected felonies died by suicide earlier this month at the Santa Clara County Main Jail Complex in San Jose, according to the Sheriff's Office.
While official practices are still a couple weeks away for San Jose State University football, the team is already facing a formidable opponent: geese taking bathroom breaks on its practice fields.
A group of Vallejo residents gathered Saturday to ask the state for protection of a stretch of Highway 29 that runs straight through town.
The Mendocino County Sheriff's Office is warning residents about a phone scam circulating in the county in which the caller claims to be an employee of the Sheriff's Office.
The pressure for President Joe Biden to drop out of the Presidential Race continues to increase. Democratic leaders are publicly calling for him to step aside, including some from the Bay Area.
A fire caused an estimated $200,000 worth of damage to a Santa Rosa commercial building on Wednesday morning.
A man was killed in his vehicle Wednesday night in Napa County, near the Solano County border, when the driver of another vehicle allegedly ran a red light and crashed into him, according to the California Highway Patrol.
The Oakland Ballers independent professional baseball team is changing managers before the end of its inaugural season.
Los Angeles rallied against Oakland's bullpen and the Angels beat the A's 8-5 on Sunday in likely their final game at the Coliseum.
Jorge Soler opened the game with the longest homer in the majors this season and the Giants beat the Rockies 3-2 on Sunday.
The Colorado Rockies beat the San Francisco Giants 4-3 on Saturday night.
The U.S. Olympic and Paralympic Committee filed a federal lawsuit this week alleging Prime, Logan Paul's energy drink company, of infringing on the committee's trademarks.
A popular LGBTQ+ nightclub in San Francisco experienced a frightening gunpoint robbery.
A man was found shot and a woman was stabbed in the South of Market neighborhood Friday.
A group of Vallejo residents gathered Saturday to ask the state for protection of a stretch of Highway 29 that runs straight through town.
A Fresno man was sentenced to years in state prison for trafficking a minor and ramming Salinas police cars in 2023, according to Monterey County prosecutors.
A 47-year-old man accused of animal cruelty was arraigned Thursday in Stockton, prosecutors said.
Long lines of passengers were feeling the impact of a worldwide computer outage that grounded several airlines for a time on a frustrating Friday at SFO.
A massive Microsoft Windows failure that crashed computers around the world early Friday morning has caused flight cancellations and delays and impeded court and government functions throughout the Bay Area.
What to know as banks, airlines and other Microsoft clients grapple with global outages due to a CrowdStrike software issue.
EA Sports College Football 25, among the most highly anticipated sports video games of all time, has flooded the market.
The Microsoft outage on Friday caused many PCs to display an error message nicknamed the "blue screen of death."
Participation in the annual San Francisco AIDS Walk has declined. Organizers say that's not such a bad thing.
A warning of a Listeria monocytogenes outbreak affecting 12 states, including Pennsylvania, New Jersey and New York, was issued by the CDC Friday afternoon linking infections to sliced meat at deli counters.
With so much focus on old age, scientists are hoping to crack the code on longevity but they need some help.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
A UC Davis researcher spoke about what causes heart failure, what fixes it, and how that could be different for men and women.
In 1998, Kamala Harris became San Francisco's assistant DA and two who worked closely with her recall a public servant deeply interested in making people's lives better.
Democratic Party leaders and office-holders hailed Pres. Biden's decision and many endorsed Vice President Harris to replace him atop the ticket. Natalie Brand reports from Washington. (7-21-24)
President Biden announced Sunday he is dropping his reelection bid in the 2024 presidential race and endorsing Vice President Kamala Harris.
From Willie Brown to Gov. Gavin Newsom and current S.F. mayor London Breed, the reaction from Bay Area Democratic politicians and pundits was overwhelmingly positive. Lauren Toms and Da Lin report. (7-21-24) 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
Andrea Nakano and Brian Hackney spoke to San Jose State senior lecturer Donna Crane and Sonoma State professor David McCuan about the stunning developments in the presidential race Sunday. (7-21-24)
California Gov. Gavin Newsom has signed a law barring school districts from passing policies requiring schools to notify parents if their child asks to change their gender identification.
San Leandro is hosting its first Pride celebration and organizers spoke to KPIX about the decision to launch the celebration now.
One San Francisco bookstore is fighting book bans by shipping LGBT+ books to directly the Deep South for free.
Public health officials came armed with a serious message for Pride Month: Get vaccinated against mpox.
Thousands of people gathered on Sunday in downtown San Francisco to celebrate the annual Pride Parade supporting the LGBTQ community.
The Peninsula International Dance Festival is drawing dancers from the Bay Area and around the world to the San Mateo Performing Arts Center.
San Francisco officials on Wednesday officially announced details about "Dirtybird: Back to Baysics," a free electronic dance party organized by concert promoter Another Planet Entertainment being held Sunday afternoon.
EA Sports College Football 25, among the most highly anticipated sports video games of all time, has flooded the market.
Satya, a soulful singer-songwriter hailing from the East Bay, is set to make her debut at Stern Grove on Sunday, marking a significant milestone in her career.
Bob Newhart, who starred in the long-running sitcoms "The Bob Newhart Show" and "Newhart," has died at age 94.
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.
In 1998, Kamala Harris became San Francisco's assistant DA and two who worked closely with her recall a public servant deeply interested in helping people. Kevin Ko reports. (7-21-24) 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
Democratic Party leaders and office-holders hailed Pres. Biden's decision and many endorsed Vice President Harris to replace him atop the ticket. Natalie Brand reports from Washington. (7-21-24)
CBS News Bay Area evening edition headlines for Sunday July 21, 2024. Watch full newscasts streamed at the CBS SF website or on the app. Website: http://kpix.com
From Willie Brown to Gov. Gavin Newsom and current S.F. mayor London Breed, the reaction from Bay Area Democratic politicians and pundits was overwhelmingly positive. Lauren Toms and Da Lin report. (7-21-24) 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
Participation in the annual San Francisco AIDS Walk has declined. Organizers say that's not such a bad thing. John Ramos reports. (7-21-24)
A Marin County woman who provides four-legged emotional support for first responders has expanded her nonprofit across the country.
Now into its second decade, a San Francisco nonprofit has been giving inner city kids free surfing lessons. For many, it's their first time in the ocean.
A woman who experienced bullying as a middle school student has spent the last 22 years giving young people a safe place to belong and grow.
More than three million people in the US live with epilepsy, according to the CDC. One Santa Rosa filmmaker is working to make sure they are seen and heard.
A San Pablo no-kill shelter that's considered a last resort for animals is scrambling to find an affordable new home quickly.
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.
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.