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SFGate: Business & Technology

SFGate: Business & Technology

Business and technology news. From SFGate.com: the Bay Area's home page, online home of the San Francisco Chronicle and much more.

Copyright 2005 Hearst Communications, Inc.


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Striving to serve growing homeless population

Posted Sunday November 2, 2008, 5:33 am, Over one day old
The food line that stretches from the doors of Glide Foundation each morning has extended deeper into the heart of the Tenderloin throughout the year. The chronically homeless stand alongside the newly desperate, people whose take-home pay didn't last, who...

Read Striving to serve growing homeless population (Links)

EA posts quarterly loss, lowers its forecast

Posted Sunday November 2, 2008, 5:33 am, Over one day old
Video game publisher Electronic Arts Inc. posted a quarterly net loss Thursday and said it is laying off 6 percent of its workforce to cut costs as it heads into the most lucrative season for the games industry. Higher development and marketing costs led to...

Read EA posts quarterly loss, lowers its forecast (Links)

Sun posts $1.7 billion quarterly loss

Posted Sunday November 2, 2008, 5:33 am, Over one day old
Sun Microsystems Inc. posted a $1.7 billion loss for its latest quarter Thursday as the maker of servers and business software wrote down the value of the company because of the slow economy and a huge decline in its stock price. Even excluding the goodwill...

Read Sun posts $1.7 billion quarterly loss (Links)

Banks pitch program to forgive credit card debt

Posted Sunday November 2, 2008, 5:33 am, Over one day old
With defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills. Big banks have formed an unusual alliance with consumer advocates to urge the...

Read Banks pitch program to forgive credit card debt (Links)

Economy in the dumps - it's T.J. Maxx time

Posted Sunday November 2, 2008, 5:33 am, Over one day old
T.J. Maxx plans to open store in S.F. on Sunday We're in a recession, consumers aren't spending and Mervyns starts its liquidation sale today. What better time for T.J. Maxx to open a store nearly the size of a city block in San Francisco? Crammed to the...

Read Economy in the dumps - it's T.J. Maxx time (Links)

Digest / Commercial paper market up 1st time in 7 weeks

Posted Sunday November 2, 2008, 5:33 am, Over one day old
Commercial paper rises - first time since Lehman fell The market for the short-term debt known as commercial paper grew last week - a good sign for companies worried about having to refinance at the end of the year, when investors are loath to take on risk....

Read Digest / Commercial paper market up 1st time in 7 weeks (Links)

Dow rises in session remarkable for stability

Posted Sunday November 2, 2008, 5:33 am, Over one day old
Wall Street showed some welcome signs of stability Thursday, taking a downbeat gross domestic product report in stride and driving the Dow Jones industrial average up nearly 190 points in relatively calm trading. Even the final half hour of the session,...

Read Dow rises in session remarkable for stability (Links)

Exxon Mobil earns record profit; future unclear

Posted Sunday November 2, 2008, 5:33 am, Over one day old
Another quarter and another record U.S. profit for Exxon Mobil. Yet even as earnings surged for major producers, there were signs that Big Oil's run may be coming to an end. Need proof? Shares of Exxon Mobil, the world's largest publicly traded oil company,...

Read Exxon Mobil earns record profit; future unclear (Links)

4 ex-managers sue Dell over age, sex bias

Posted Sunday November 2, 2008, 5:33 am, Over one day old
Four former human-resources managers at Dell Inc. are suing the computer company, accusing it of widespread gender and age discrimination. Lawyers for the women filed the lawsuit Wednesday in federal court in San Francisco, asking a judge to turn it into a...

Read 4 ex-managers sue Dell over age, sex bias (Links)

SHIP TRAFFIC

Posted Sunday November 2, 2008, 5:33 am, Over one day old
SHIP TRAFFICDue to arrive todaySHIPFROMPORT/BERTHXIN CHANG SHULONG BEACHOAK/58CAP SPENCERFIJIOAK/24CSL ACADIANCANADASFO/ANC9HATSU EXCELLOS ANGELESOAK/35ROTTERDAM EXPRESSSEATTLEOAK/58SHANGHAI BRIDGELONG BEACHOAK/25/26MOL ENDEAVORLOS ANGELESOAK/30Due to depart...

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