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6 год. 2 хв. назад
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Solyndra wins Southern California Edison purchase agreements
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Solyndra Inc has been awarded 20-year power purchase agreements to supply Southern California Edison with renewable electricity from 162 megawatts of solar systems on 18 rooftops Fremont-based Solyndra did not disclose financial details of the agreements, which were made to Solyndra's wholly owned subsidiary Photon Solar LLC Solyndra's solar...
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6 год. 3 хв. назад
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Geron gets FDA approval for human stem-cell trial
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Geron has received the OK it needed to proceed with the first human trial of an embryonic stem-cell therapy Menlo Park-based Geron Corp (NASDAQ: GERN) said Friday that the Food and Drug Administration had lifted a clinical hold on its new-drug application for the candidate The Phase I multicenter trial aims to establish the safety of the drug, GRNOPC1,...
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6 год. 3 хв. назад
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Report: Intel wins key antitrust ruling
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Intel Corp's discount practices in the computer-chip market have not hurt customers, according to a court filing reported in the Wall Street Journal According to the Journal, a special master in the case also recommended the court deny a motion to certify the case as class-action A private antitrust suit was filed in 2005 by Santa Clara-based...
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6 год. 3 хв. назад
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Apple hit with patent suit, settles another
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Mobile phone designer Emblaze Ltd has filed suit against Apple Inc alleging patent infringement Israel-based Emblaze said its US patent -- which it has held since 2002 -- is infringed by Apple's HTTP live-streaming application The suit claims that Cupertino-based Apple launched its HTTP Live Streaming Standard in the middle of last year and it...
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6 год. 3 хв. назад
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Fitch upgrade’s Macy’s outlook to stable
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Fitch Ratings affirmed several of its ratings for Macy’s Inc and upgraded its outlook on the company to “stable” from “negative” The ratings agency said the outlook upgrade comes on better-than-expected same-store sales trends and improvement in earnings and credit measures Macy’s reported its total June sales jumped...
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6 год. 3 хв. назад
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GDP growth slows to 2.4% in Q2
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Consumer spending slowed and companies pulled back on some purchases during the second quarter, greatly hampering the economic recovery The US economy – still recovering from the worst recession since the Great Depression — grew at 24 percent in the second quarter, the smallest increase in a year and the latest evidence of a still-sputtering...
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22 год. 51 хв. назад
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LS9 finds genes to make fuel from sugar
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Biofuel business LS9 Inc published a paper in the journal Science detailing its discovery of genes that make important components of gasoline and other fuels directly from sugar “This discovery is the first description of the genes responsible for alkane biosynthesis and the first example of a single step conversion of sugar to fuel-grade alkanes...
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22 год. 51 хв. назад
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Wells debuts global banking group
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Wells Fargo created a global banking division to better serve its US corporate clients doing business around the world as well as overseas multinationals doing business in the United States The new division, part of Wells Fargo’s (NYSE: WFC) international group, also said Thursday that it opened five sales offices in the East The new offices...
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22 год. 51 хв. назад
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Longtime John Muir Health CEO set to retire March 31
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Ken Anderson, the longtime CEO of Walnut Creek’s John Muir Health, told the two-hospital system’s board last night that he intends to retire March 31, according to an internal memo distributed to doctors, employees and volunteers The move comes after the media-shy Anderson has been with the private, nonprofit hospital for 36 years, and...
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22 год. 51 хв. назад
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Muni ending paper passes for Clipper cards
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San Francisco’s public transit system will phase out most paper bus passes by next spring, switching to Clipper, a new, reusable fare card The first pass to be eliminated will be Muni’s “A” Fast Pass, which allows customers to access Muni as well as BART in San Francisco Customers who use this pass must switch to a Clipper...
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22 год. 51 хв. назад
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QuinStreet buys insurance.com website
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Foster City-based QuinStreet purchased Insurancecom’s website, and plans to shutter the acquired company’s headquarters in Solon, Ohio, and lay off 144 employees there Insurancecom filed a notice with the state of Ohio that said it reached an agreement to sell “substantially all of its assets to an outside purchaser on July 26,”...
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22 год. 51 хв. назад
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Emeryville’s SkyRiver sues library giant OCLC
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SkyRiver Technology Solutions, which make library cataloging software, has sued OCLC Inc, the giant in that field, accusing it of antitrust violations Emeryville’s SkyRiver, owned by Jerry Kline, who also owns Innovative Interfaces Inc, another library software and database business, filed the suit this week in US District Court in San Francisco...
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22 год. 51 хв. назад
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Survey: Californians oppose offshore oil drilling
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Californians’ support for more offshore oil drilling has taken a dive, according to a survey released Thursday by the Public Policy Institute of California (PPIC) A solid majority, or 59 percent, of the state’s residents now oppose more drilling, compared to 36 percent in favor of more drilling That’s a 16-point increase in opposition...
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22 год. 51 хв. назад
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Різне
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Wells Fargo debuts global banking group
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Wells Fargo created a global banking division to better serve its US corporate clients doing business around the world as well as overseas multinationals doing business in the United States The new division, part of Wells Fargo’s (NYSE: WFC) international group, also said Thursday that it opened five sales offices in the East The new offices...
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22 год. 51 хв. назад
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Mental health advocates ask county to rescind plan
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With Sacramento County’s proposed plan to revamp outpatient mental health services on hold by court order, mental health advocates have released a plan of their own The Sacramento chapter of the National Alliance on Mental Illness (NAMI) recommends the county rescind the current plan and come up with one crafted with more input from the community...
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22 год. 51 хв. назад
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Franklin Resources earnings rise 21% in Q2
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Money management company Franklin Resources Inc earned $3605 million in the second quarter, up 21 percent from $2977 million the year earlier period In the first half, the investment company earned $11 billion, up from $5294 million in the first half in 2009 San Mateo-based Franklin is the parent of Franklin Templeton Investments, which has a back-office...
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22 год. 51 хв. назад
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Drexel offers Hispanic Chamber full-tuition grant
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The Sacramento Hispanic Chamber of Commerce will again join with Drexel University to provide a full tuition grant for a master’s degree to an up-and-coming leader from the local Hispanic community In its third year, the grant program is accepting applications for a scholarship from students beginning graduate studies in September The grant...
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22 год. 51 хв. назад
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DOJ sues Oracle, alleges contract fraud
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Federal officials have sued Oracle Corp, claiming the Redwood City software maker defrauded the federal government on a contract that involved hundreds of millions of dollars in sales, the Wall Street Journal reported The Justice Department said it filed a legal complaint alleging that Oracle misrepresented its commercial sales practices, causing...
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22 год. 51 хв. назад
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Energy Commission cancels $30M in PACE funding
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The California Energy Commission on Thursday canceled $30 million in awards that would have supported Property-Assessed Clean Energy (PACE) programs in 23 counties and 184 cities, including an award of about $13 million that would have gone to Sacramento and Yolo counties The action responded to roadblocks created by recent actions of the Federal...
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22 год. 51 хв. назад
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Air Force prefers Beale for spy planes
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The US Air Force announced Thursday that Beale Air Force Base is the preferred site for the MC-12W program Landing the program permanently at Beale could mean up to 700 military employees — many of them higher-paid officers — in the Sacramento area Beale, north of Wheatland, has been the interim home, or parent wing, of the MC-12 Liberty...
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