Cisco to lay off up to 6,000 workers

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Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring…

Bay Area gas prices fall steeply in July

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Gas prices throughout Northern California dropped steeply in July and are now under $4 per gallon in most of the Bay Area, AAA officials said Tuesday.

Malaysia Airlines to be pulled from stock market

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Malaysia’s sovereign wealth fund announced today (Friday) that it plans to take malaysia airlines off the stock market in…

Sprint names new CEO after dropping T-Mobile bid

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The Wall Street Journal said Tuesday that Sprint decided not to pursue the acquisition of T-Mobile…

Iliad of France makes surprise bid for T-Mobile

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Upstart French telecom company Iliad SA has offered $15 billion for a majority stake in T-Mobile…

Alibaba reportedly in talks to invest in Snapchat

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Snapchat is reportedly in talks with Chinese commerce giant Alibaba on a round of funding…

San Francisco sells record million-dollar homes

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A research firm says a record number of million-dollar homes were sold in the San Francisco Bay Area during the second quarter…

Study: 35 percent in US facing debt collectors

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More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released…

China investigating Microsoft in monopoly case

China’s anti-monopoly agency announced an investigation Tuesday of Microsoft Corp…

Red Lobster tries acting like a fancier restaurant

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Red Lobster wants to be seen as a purveyor of quality seafood, so it’s getting rid of some of its promotional discounts…