Seattle-based online retailer Zulily says it will go into liquidation, surprising customers

The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed.⁠⁠⁠⁠⁠⁠⁠ 

'Career cushioning,' latest workplace trend, has employees trying to protect themselves heading into 2024

A workplace trend known as "career cushioning" has employees setting up Plan B initiatives — so that if they're downsized by their companies, they're prepared for it. Here's what to know.

San Francisco's downtown legacy businesses in need of holiday shopping boost

Some of San Francisco's legacy businesses downtown say they are seeing a slight increase in shoppers, as the city goes all out this holiday season to draw more people to Union Square and the surrounding area to shop and dine.  "I've felt safe the few days I've been here. It's very walkable," said Alex Eddings, a tourist visiting from Nashville.

Running for a bonus: Company gives larger cash rewards if workers can run 2 miles a day

The Chinese paper company swapped its year-end bonuses for monthly, exercise-based cash rewards, telling a state-owned newspaper how “a company can last long when its employees are healthy."

Japanese steel company purchasing U.S. Steel in deal worth nearly $15 billion

Nippon Steel said Monday that the deal will bolster its manufacturing and technology capabilities, and also expand the company's production in the U.S. and add to its positions in Japan.

Hermès heir plans to give $7 billion fortune to his 51-year-old gardener

Nicolas Puech, the 80-year-old heir to the French luxury brand Hermès fortune, is reportedly planning to distribute his wealth to his 51-year-old gardener, who he also intends to legally adopt.

Gas prices dip lower, an early present for travelers this holiday season: AAA

The national average for a gallon of gas resumed its gradual decline amid falling oil prices. If oil prices stay low, drivers can anticipate a continued drop in pump prices, AAA said.

Homebuying demand dries up even as mortgage rates drop: Freddie Mac

The average 30-year fixed-rate mortgage was 7.03% for the week ending Dec. 7, according to Freddie Mac's latest Primary Mortgage Market Survey.

Businesses near APEC took economic hit, owners say

Before the conference, city leaders talked about the $53 million it was expected to bring to San Francisco, but now some businesses around Moscone Center are saying that instead, they saw a dramatic decrease in business.

Grand Lake Kitchen lends helping hand to struggling SF Mexican restaurant

Hard times caused the owners of the popular authentic Mexican take-out spot in San Francisco, La Canasta, to close after more than 35 years of business.

Spotify to cut 17% of workforce in third round of layoffs this year

“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."

New bike lane blamed for drop in business along popular SF Mission corridor

The owner of a small business on Valencia Street is blaming a new center bike lane for its demise and now other business owners in San Francisco's Mission District are letting city leaders know they oppose the lane.

Companies are cutting worker benefits to offset the sting of high inflation

Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.