The San Francisco apparel company behind Old Navy, Banana Republic and its namesake brand posted sales and a profit ahead of Wall Street expectations while growing its same-store sales for the period ended Feb.
San Francisco’s Bayview neighborhood has lost several businesses in recent months. Local residents are fighting to preserve their community, and helping to lead that effort is San Francisco Black Wall Street.
As recently as 2023, San Francisco’s downtown office market had been written off by the Financial Times as spiraling into the abyss. Vacancy rates had surged to record highs and debt-laden buildings were going for fire-sale prices.
The Wall Street Journal is cutting a number of writers and editors from its technology team, adding another high-profile media company to the list of outlets that have cut jobs so far this year. WSJ editor-in-chief Emma Tucker announced the cuts on Tuesday afternoon.
State regulators with the California Department of Insurance have given Mercury General and Liberty Mutual subsidy Safeco the go-ahead to increase insurance rates in the state, impacting roughly 660,000 customers,