Economy News

Fremont company to pay back wages to engineers brought from Philippines

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A Fremont electronics company has agreed to pay nearly $170,000 in back wages…

Bay Area gas prices edge up due to increase demand

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Bay Area gas prices are at its highest in 6 months due to increasing demand, switching to the summer blend…

SF Mayor Ed Lee releases budget proposal

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San Francisco Mayor Ed Lee has released a $4.9 billion budget plan for the upcoming fiscal year…

Tesla leases warehouse in Livermore

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Tesla has signed a lease for two warehouse structures in Livermore as they ramp up the production on two new models…

McDonald’s is testing garlic fries in the Bay Area

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A new flavor of French fries are currently being tested in McDonald’s restaurants in the San Francisco Bay Area…

Air tickets price drop in domestic flights

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Travelers are getting some pretty good deals on airplane tickets. Mary Moloney explains in Consumer Watch…

High cost of living pushing Bay Area residents out

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New survey finds that 34% of Bay Area residents plan to leave the region citing high costs of living plus traffic woes…

Lawsuit claims Starbucks filling ice in cold drinks

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A federal lawsuit claims Starbucks regularly overfills its cold drinks with ice instead of using the advertised amount of coffee…

Netflix to raise subscription fee next month

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It’s going to get more expensive for you to Netflix and chill. Next month, for some subscribers…

Apple reports iPhone sales down, 1st revenue drop since 2003

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Apple says quarterly revenue fell for the first time in more than a decade, as iPhone sales fell…