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This Kilroy Realty Analyst Cuts Price Target On Lower Capitalized Interest, Delayed Leasing
Wednesday, July 2, 2025 - 11:16am | 265Kilroy Realty Corp's (NYSE:KRC) near-term performance is likely to be impacted by a decline in capitalized interest, according to JPMorgan. The Kilroy Realty Analyst: Analyst Anthony Paolone maintained an Overweight rating, while cutting the price target from $42 to $40. The Kilroy Realty Thesis:...
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Amazon Faces New NLRB Complaint Over Union-Busting At San Francisco Warehouse—'Workers Will Not Back Down,' Vows Teamsters Leader Randy Korgan
Tuesday, June 17, 2025 - 5:56am | 615Amazon.com Inc. (NASDAQ:AMZN) confronts another National Labor Relations Board complaint over alleged union-busting activities at its DCK6 facility in San Francisco, marking the latest regulatory challenge for the $2 trillion e-commerce giant. What Happened: The NLRB Region 20 complaint seeks to...
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Lyft Sues San Francisco Over $100 Million Tax Bill, Says Payments To Drivers By Passengers Misclassified
Wednesday, December 25, 2024 - 2:09am | 207Lyft Inc. (NASDAQ:LYFT) filed a lawsuit against San Francisco, accusing the city of overcharging the ride-hailing services company by $100 million in taxes from 2019 to 2023. Lyft argues that the city has misclassified the payments made by passengers to drivers as company revenue, which is not how...
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Tech Consultant Convicted Of 2023 Slaying Of Cash App Founder
Tuesday, December 17, 2024 - 4:45pm | 280IT consultant Nima Momeni was found guilty of second-degree murder on Tuesday for the 2023 killing of technology founder Tom Lee. What Happened: A San Francisco jury found Momeni guilty of second-degree murder for the fatal stabbing of the Cash App founder in April 2023, according to NBC News. The...
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Wells Fargo To Sell San Francisco HQ, Relocates Staff Nearby: Report
Wednesday, December 4, 2024 - 12:27pm | 249Wells Fargo & Co. (NYSE:WFC) plans to sell its San Francisco headquarters building and relocate to offices less than half a mile away. The Wall Street Journal reported that Wells Fargo’s property at 420 Montgomery St. could be listed for sale later this month. While the bank will retain...
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Sam Altman Co-Chairs San Francisco Mayor's Transition Team As Daniel Lurie Prepares To Tackles Key City Challenges
Tuesday, November 19, 2024 - 12:53am | 682OpenAI CEO Sam Altman has been appointed as a co-chair of the transition team for San Francisco’s newly elected mayor, Daniel Lurie. What Happened: Altman, a significant contributor to Democratic campaigns, will advise Lurie on key issues such as drug use and homelessness in the...
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Confused Waymo Robotaxis Disrupt Kamala Harris' Motorcade In San Francisco As She Returns From Fundraiser
Monday, September 30, 2024 - 6:03am | 723On Friday night, Vice President and Democratic presidential candidate Kamala Harris‘ motorcade was briefly disrupted by self-driving taxis from Waymo, a subsidiary of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), in San Francisco. The incident occurred as Harris was returning from a fundraiser...
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Tesla Robotaxi Rival Waymo's Honking Havoc Causes Disturbance In San Francisco Parking Lot At 4 AM
Monday, August 12, 2024 - 2:36am | 621The autonomous vehicles of Waymo, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), have been causing a disturbance in a San Francisco parking lot. The vehicles have been honking for extended periods, disturbing the residents in the area. What Happened: The self-driving vehicles of Waymo...
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Work From Home Has Hit Office Real Estate The Hardest In These 5 US Cities
Tuesday, July 30, 2024 - 8:59am | 755The COVID-19 pandemic accelerated a trend of workers preferring remote work to in-person office attendance. Meanwhile, commercial real estate across the U.S. has suffered as companies do not value expansive office spaces as they did before. The Data: A post on X relayed data from Arbor Data...
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Musk Vs. Pelosi: Former Speaker Backs Candidate That The Tesla CEO Says Should Be In Prison
Thursday, July 25, 2024 - 4:00pm | 563Former Speaker of the House Nancy Pelosi‘s (D-Calif.) latest endorsement of a political candidate could anger billionaire Elon Musk ahead of the 2024 election. What Happened: After Pelosi endorsed Vice President Kamala Harris in the 2024 presidential election, she backed San Francisco...
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Uber Drivers: Employees Or Contractors? California Court Deals Blow To Gig Economy
Tuesday, June 11, 2024 - 1:56am | 524A U.S. appeals court on Monday rejected a bid by Uber (NYSE:UBER) and its subsidiary Postmates to revive a challenge to a California law that could force the companies to treat drivers as employees rather than independent contractors. What Happened: The 11-judge panel of the 9th U.S. Circuit Court...
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Tesla CEO Elon Musk Takes Swipe At Waymo, Says Cybertruck Might Be Needed For Robotaxis In San Francisco Amid Vandalism Frenzy
Tuesday, April 23, 2024 - 5:34am | 512Tesla, Inc. CEO Elon Musk took a swipe at Waymo‘s self-driving cars, suggesting his company’s stainless steel Cybertruck might be better suited for robotaxis in San Francisco due to recent vandalism incidents. What Happened: Musk responded to a parody video by...
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Telegram Founder Tells Tucker Carlson Why Silicon Valley HQ Never Happened: 'I Got Attacked'
Thursday, April 18, 2024 - 4:12pm | 699Telegram founder Pavel Durov recently disclosed in an interview with Tucker Carlson why he decided against setting up the company’s headquarters in San Francisco. For Durov, San Francisco was not an option due to concerns over personal safety and excessive attention from U.S. authorities....
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Shell's Hydrogen Exit In California Deals A Major Blow To State's Green Mobility Drive
Monday, February 12, 2024 - 7:12am | 633In a recent announcement, Shell (NYSE:SHEL) revealed its decision to cease the operation of hydrogen light-duty passenger fueling stations in California. The move is attributed to supply chain issues and other external market factors, dealing a significant setback to the state’s hydrogen...
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Eyewitness Describes 'Wild' Experience As Crowd Vandalizes And Sets Google's Waymo Self-Driving Car On Fire In San Francisco: 'No One Stood Up'
Sunday, February 11, 2024 - 9:31pm | 761A crowd in San Francisco vandalized and set fire to a Waymo self-driving car on Saturday. This incident marks the most severe attack on autonomous vehicles in the U.S. to date. What Happened: The incident occurred in San Francisco’s Chinatown district on Saturday night, reported Reuters. The...