If century-old Abbott Building at 1045 Sansome Street sells at asking price, it would trade at 57% below its 2020 market value.

Critics say annexation could allow developer of master-planned city to bypass approval by Solano County voters.

"You can bet that if the FAIR Plan goes bankrupt - and it's a good bet it will - the insurance companies will come after us to pay the debts that they owe," said Jamie Court, president of Consumer Watchdog.

Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation.

SAN FRANCISCO, Jan. 28, 2025 (GLOBE NEWSWIRE) -- 89bio, Inc. (“89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on

Even as four wildfires continued to burn in Los Angeles County Wednesday, the blazes were already rewriting the record books.

SAN FRANCISCO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- 89bio, Inc. (“89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on

Citigroup saw similar strengths, posting a $2.86 billion profit compared with a year-ago net loss of $1.84 billion. Among other financial firms, trust bank and asset manager Bank of New York Mellon rose by more than 7% as it raked in higher fees from clients. Shares of credit-card lender American Express rose in sympathy.

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.

For two years, markets’ belief that the rise of artificial intelligence would usher in a new era of productivity growth has fueled trillions of dollars in stock-market gains.

Following 60% year-over-year growth in the last quarter, Databricks continues to bring in major investors to support its ongoing global expansion.

Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s 2022 Twitter buyout.