IKEA reaches $50 million settlement for Malm dresser deaths of 3 children

IKEA has reached a tentative $50 million settlement with the parents of 3 children killed in dresser tip-over incidents that led to a nationwide recall of Malm dressers. The parents of 22-month-old Teddy McGee of Apple Valley, Minnesota are included in the settlement. Teddy was killed by a falling IKEA Malm dresser last February.

Uber self-driving cars may have trouble recognizing bike lanes

Though Uber insists that its paid passenger carrying, self-driving cars are not pilotless, it seems they may not see bicycles so well. 

Mitsubishi recalls 50,000 SUVs

Mitsubishi is recalling more than 50,000 Outlander Sport SUVs because the rear hatch lift gate can suddenly fall on people.

San Francisco Mayor Ed Lee calls on Uber to park self-driving cars

San Francisco Mayor Ed Lee on Thursday called upon Uber to stop testing self-driving cars on city streets without a permit from state regulators.

Lawsuit against FDA targets formaldehyde in hair care products

Two environmental groups are suing the U.S. Food and Drug Administration over a chemical used in hair straightening products

Yahoo suffers world's biggest hack affecting 1 billion users

NEW YORK (AP) — Yahoo says it believes hackers stole data from more than one billion user accounts in August 2013. The Sunnyvale, California, company says it's a different breach from the one it disclosed in September, when it said 500 million accounts were exposed. That new hack revelation raises questions about whether Verizon will try to change the terms of its $4.8 billion...

Gov. Jerry Brown blasts Donald Trump's climate change views

California Gov. Jerry Brown on Wednesday blasted President-Elect Donald Trump's views on climate change just a few weeks before the Republican will take the oath of office.

President-Elect Donald Trump meets with tech leaders

President-elect Donald Trump, who faced fierce opposition from some Silicon Valley leaders during the election campaign, strove to assure the titans of tech on Wednesday that his administration is "here to help you folks do well."

Fed raises key interest rate and foresees 3 hikes in 2017

The Federal Reserve has raised a key interest rate in response to a strengthening U.S. economy and expectations of higher inflation, and it foresees three more rate hikes in 2017.

Twitter's CEO Jack Dorsey speaks with Edward Snowden

Edward Snowden, the whistleblower who alerted the nation to mass surveillance by the NSA, is at the Twitter campus today. 

Will Bay Area construction costs curb region's building boom?

 A Chicago-based commercial real estate firm has issued a report that lists three Bay Area cities in the top tier of the most expensive areas to build in the country, a report that may chill the region's construction projects.

Samsung releasing software update to disable Galaxy Note7s

Samsung announced Friday that it will be releasing a software update on December 19 that will cause Galaxy Note7 devices to stop working. 

SF holds 1st-of its kind business summit on hiring former prisoners

A first-of-its-kind summit in California is being held in San Francisco today to help businesses give convicts a chance at employment after they are released from prison or jail, organizers said.

Bay Area Apple Store thefts may be linked, police say

Police suspect a group of robbers is targeting Apple stores all over the Bay Area after 5 incidents in the past week alone. Investigators say the description is similar--a group of young men in their late teens or early 20s wearing hooded sweatshirts--with the criminals busting into Apple stores and grabbing the display models in less than a minute before escaping in waiting cars. 

Starbucks: Schultz to step down as CEO, focus on innovation

NEW YORK (AP) — Starbucks says CEO Howard Schultz is stepping down from the coffee chain that he joined more than 30 years ago. The Seattle-based company announced Thursday that Kevin Johnson will become chief executive as of April 3. Schultz will become executive chairman on that date to focus on innovation and social impact activities, among other things. Shares of Starbucks slid 3.6...