Adyen, a Dutch payments technology company, has moved its U.S. headquarters to San Francisco from Boston and appointed Netflix global payments veteran Kamran Zaki as president of its North American operations.
The U.S. Census Bureau said retail and food services sales increased 3.9 percent compared with the previous October.
There’s a major crisis building as baby boomers envision golden years that shine the way their parents’ did. One big problem: They don’t have the financial resources or huge generational cohort behind them to support their retirement dreams.
Governor Jerry Brown has signed legislation that will kill the Franchise Tax Board attempt to retroactively collect taxes from stockholders who took advantage of small business investment incentives that a court later ruled were part of an illegal program.
Close to three-fourths of construction companies are having a difficult time finding qualified workers and experiencing labor shortages, according to a recent survey from the Associated General Contractors of America, a trade group.
Manufacturers consume a lot of energy, particularly natural gas. Increased domestic production of natural gas has lowered its price, and a new study by IHS estimates industrial production will increase by 3.5 percent by the end of this decade as a result of the shale energy revolution.
The California Trade Report, released by research firm Beacon Economics, found that Golden State exports ticked up 6.8 percent over the same time last year. Shipments of manufactured goods, especially civilian aircraft and plane components, helped account for much of the increase. Non-manufactured goods such agricultural products were also up and shipments to China increased by 19.9 percent
Amazon.com Inc. is pushing ahead with a San Francisco expansion that will grow its footprint in the city to nearly 150,000 square feet.
The firm found that most chief information officers in the Bay Area plan to hire IT staff in the fourth quarter. About 13 percent of CIOs expect to increase the size of their IT staff, up 1 percent from the third quarter. And 66 percent of the officers surveyed plan to hire to fill vacant IT jobs — that figure is up 5 percent from the third quarter.
Massachusetts retained its No. 1 spot as the state with the most R&D jobs in biotech (27,883), according to an annual industry report published by MassBio, the state’s industry trade group, and released this week. California ranked second with 23,438 biotech R&D jobs. But from 2007 to 2012 — among the darkest days for the biotech industry as investors retreated from the sector — those California jobs grew by 4,304, or 22.5 percent. That beat Massachusetts by almost two-to-one.
Wells Fargo is cutting staff as higher rates cool residential mortgage lending, which has been on a tear in recent years.
It wasn’t even close. Bechtel Corp. claimed the top spot on the San Francisco Business Times’ annual ranking of the largest private companies in the Bay Area. With $37.9 billion in 2012 revenue, the San Francisco engineering and construction firm raked in five times more money than the No. 2 company on the list, Delta Dental of California.
Home prices are shooting up across the nation with the Bay Area leading the pack — but which submarket has soared the most? Oakland.
Company: Sutter HealthCA Net Job Gain/Loss: -79Reason: LayoffCity/Region Losing Jobs: Burlingame, CANotes: Story describes cuts in three different areas in CA with specific job loss figures
Company: Sutter HealthCA Net Job Gain/Loss: -79Reason: LayoffCity/Region Losing Jobs: Burlingame, CANotes: Story describes cuts in three different areas in CA with specific job loss figures