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...

Black Friday shoppers get early start on Thanksgiving

As the Thanksgiving holiday wound down, Bay Area shoppers took to the mall and other retailers that opened Thursday as consumers sought to get a jump start on Black Friday holiday shopping.

Twitter accidentally suspends account of CEO Jack Dorsey

Twitter CEO and co-founder Jack Dorsey says the social media platform accidentally suspended his account.

Stanford study finds teens unable to distinguish between fake, real news

A study released Tuesday by Stanford University researchers has found that a majority of middle-age students were unable to distinguish between real news and fake news, raising questions about how social media site can prevent the spread of misinformation.

Dow surpasses 19,000 for first time

The Dow Jones industrial average is closing above 19,000 for the first time as a post-election rally drives indexes further into record territory.

Facebook fixing fake news problem with CEO at trade summit

Facebook CEO Mark Zuckerberg urged world leaders meeting in Peru on Saturday to help get more people online to improve global living standards while separately announcing new measures to cut down on fake news stories on the social network that some suggest could have helped sway the U.S. presidential election.

US judge temporarily blocks SF law restricting short-term rentals

A federal judge said in San Francisco today that he will temporarily block a new city law that prohibits rental booking services such as Airbnb Inc. from collecting fees for rentals of unregistered units.

Not content with rentals, Airbnb adds local tours and activities

Not content to just rent out rooms and homes, Airbnb is adding local tours and activities to its travel services in a number of cities.

Twitter suspends several alt-right accounts

Twitter has suspended the accounts of several prominent members of the so-called "alt-right" in an apparent crack down on accounts tied to hate speech or threats of violence.

Tips to save money on prescription drugs

With prescription drug prices climbing, Fred Elsberry, President and CEO of the Metro Atlanta Better Business Bureau says it pays to go in search of the best possible deal.