California regulator stunned by impact of his reassurance on PG&E
The chief of California's top utilities regulator said on Friday he was "stunned and terrified" to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes......»»
Regulator "stunned and terrified" after causing PG&E stock surge
The chief of California's top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes......»»
Qualcomm kicks off crucial fight with U.S. antitrust regulator
The U.S. Federal Trade Commission's antitrust case accusing Qualcomm Inc of abusing a monopoly on mobile chip technology kicked off in a California courtroom on Friday in a trial whose outcome could have a major impact on the smartphone industry......»»
Data Dive: Local unemployment still high a year into the pandemic
California is slowly starting to reopen, but the pandemic and the resulting economic upheaval is still making an impact......»»
Gov. Newsom has ordered autopsies dating back to December to understand "when this pandemic really started to impact Californians"
Mike Blake/Reuters California Gov. Gavin Newsom asked coroners to review deaths dating back to December to "guide a deeper understanding of when this pandemic really started to impa.....»»
California regulator wants changes in PG&E reorganization plan, proposes $2 billion fine
A California regu.....»»
One California mayor tried guaranteed income. His advice: "It"s a great first step.’
The mayor of Stockton, Calif., which launched a basic income experiment last year through the Stockton Economic Empowerment Demonstration, offered U.S. policymakers some reassurance and a few notes of caution......»»
Dead deals, slashed prices: Coronavirus drags down Southern California home sales
The coronavirus and its economic fallout are starting to impact the Southern California housing market. The coronavirus and its economic fallout are starting to impact the Southern California housing market......»»
For U.S. small restaurants, coronavirus impact is swift and brutal
On St. Patrick's Day last year, Amy and Chris Hillyard marked the 30th anniversary of Farley's, their pair of cafes in San Francisco and Oakland, California, with live bagpipes and noisy crowds......»»
Munster Says Tesla Can "Survive" Multiple Quarters Of Fremont Factory Shutdown
Loup Ventures managing partner Gene Munster on Wednesday said that Tesla Inc. (NASDAQ: TSLA) will see "little impact" in the long term from its Fremont, California factory shutdown. read more.....»»
Australia"s Afterpay settles with California regulator for loans issued without license
Australia's buy-now-pay-later firm Afterpay Ltd will refund late fees paid by customers in California for loans, which were deemed "illegal" by the U.S. state's financial regulator, the two sides said as part of a settlement......»»
PG&E supports California proposal for greater safety oversight
PG&E Corp. said it largely supports a proposal from California’s top utility regulator that would allow for greater oversight of the power giant if it fails to reform itself and causes another catastrophic fire after exiting bankruptcy......»»
Enbridge Line 3 oil pipeline clears hurdles with Minnesota regulator
Enbridge Inc's Line 3 pipeline replacement cleared key hurdles on Monday, after a Minnesota regulator endorsed a revised environmental impact statement for the project......»»
Women suing Riot Games may deserve $400 million, not $10 million, state regulator says
In an unusual move, two California state agencies are intervening in a class action suit against Riot Games, saying women who worked at .....»»
California legislation to keep an eye on in 2020
This year, California legislators have a full plate of housing, health care, employment and climate change bills, all of which could potentially impact local businesses. Legislators behind ambitious bills that were introduced, and shelved, in 2019 are.....»»
U.S. auto safety agency to investigate fatal Tesla crash in California
The fatal Dec. 29 crash of a Tesla Inc vehicle in Southern California will be investigated by the U.S. government's auto safety regulator, the agency said on Tuesday......»»
Regulator blocks hot fintech startup from offering its service in California
California’s financial regulator has blocked hot financial technology startup Sezzle from offering its buy-now-and-pay-later service in California, including on popular consumer and fashion websites such as Jessica Simpson, Etnies and Madison + Mallo.....»»
How California’s new privacy law could impact these Bay Area companies
Come Jan. 1, operating costs may rise and revenues fall as a wide swath of the region’s SMBs to Fortune 500 companies grapple with complying with the new California Consumer Privacy Act......»»
Pacific Biosciences stock falls on FTC challenge to Illumina deal
Shares of Pacific Biosciences of California Inc. tumbled 3% in morning trading the day after the Federal Trade Commission announced plans to challenge Illumina Inc.'s plans to buy the genetic sequencing company. The regulator said Dec. 17 that Il.....»»
Auto title lender to quit state, after settlement with regulators
California's financial regulator said Monday that it reached a settlement with TitleMax of California Inc., and the company will stop making loans in the state starting in January......»»