SAN FRANCISCO – The Latest on marijuana regulations in San Francisco (all times local): Continue Reading Below 3:15 p.m. A San Francisco supervisor is urging her colleagues to hold off voting on a stop-gap measure that would allow existing medical marijuana retailers to sell recreational weed starting Jan. 1. San […]
FOX Business News
Warren Buffett’s company sells more IBM shares
OMAHA, Neb. – Warren Buffett’s company sold almost a third of its remaining IBM shares in the third quarter and made several tweaks to its stock investments. Continue Reading Below Berkshire Hathaway Inc. filed a quarterly snapshot of its portfolio with the Securities and Exchange Commission Tuesday. Investors watch Berkshire’s […]
Uber sued by 2 women alleging sexual assault by drivers
Two women are suing Uber, alleging that inadequate driver background checks and monitoring left them and thousands of others vulnerable to sexual assault. Continue Reading Below The women from Florida and California are not identified in the federal lawsuit filed Tuesday in San Francisco. Each alleges being sexually assaulted by […]
Study: Women and minority TV directors make modest gains
LOS ANGELES – Women and minority television directors made modest gains last season, but the overwhelming majority of television episodes are still directed by white men and women, the Directors Guild of America found in a study released Tuesday. Continue Reading Below The guild’s study states that 62 percent of […]
San Francisco utility sued for rash of deadly wildfires
SAN FRANCISCO – Pacific Gas and Electric Co. is being sued for wildfires that killed more than 40 people and destroyed more than 8,000 Northern California homes last month. Continue Reading Below Lawsuits filed Tuesday in San Francisco Superior Court say the utility put profits over safety and negligently maintained […]
Despite record stock gains, US IPO market trails Asia-Pacific region
More than 1,450 companies across the globe have already gone public so far this year, according to software technology firm Dealogic, putting 2017 on track for the most IPOs since 2007. Continue Reading Below The vast majority of those companies, however, were not based in the U.S. The Asia-Pacific region […]
Lawsuit filed by Dakota Access protesters to proceed
BISMARCK, N.D. – An appeals court ruled Tuesday that a federal judge in North Dakota was correct in not barring police from using harsh methods against Dakota Access pipeline protesters. Continue Reading Below There have been no protests since February, but the decision will allow a lawsuit to proceed in […]
Rep. Bruce Poliquin says he’ll vote yes on GOP tax overhaul
PORTLAND, Maine – Republican U.S. Rep. Bruce Poliquin said Tuesday he’s going to vote for a tax overhaul that avoids a late suggestion by President Donald Trump to lower the top rate on high-wage earners. Continue Reading Below The GOP proposal would help Maine residents by doubling the standard deduction […]
Ex-marketing executive: Fox Sports involved in soccer bribes
NEW YORK – Fox Sports partnered with a South American marketing firm to make millions of dollars in bribes to high-ranking soccer officials in exchange for broadcasting rights to major tournaments, the marketing company’s former CEO testified Tuesday at a U.S. corruption trial. Continue Reading Below Alejandro Burzaco, former CEO […]
Better Buy: Seaspan Corporation vs. Textainer Group Holdings Limited
The container shipping industry has gone through a brutal downturn over the past couple of years. Too much capacity and sluggish global trade sank profitability to such an extent that one of the world’s largest shippers collapsed under the weight of its debt. However, industry conditions improved dramatically since that wash-out […]