San Francisco has added 300 technology companies since 2010, helping it earn its highest credit grade in more than a decade. The fiscal gains haven’t been enough to keep investors from penalizing the city amid the worst losses this year in municipal bonds.
Amelia Cottrell, a U.S. Securities and Exchange Commission investigator who helped build an insider-trading case against a unit of billionaire Steven A. Cohen’s SAC Capital Advisors LP, was promoted to a top enforcement position in the agency’s New York office.
Leslie and Scott Tyree backed out of a contract in 2011 to buy a weekend place in Hilton Head, South Carolina, fearing they’d be anchored to a sinking market for second homes. This year, the West Virginia couple pounced on a listing in the same resort town without visiting the property.
Lisbon’s red suspension bridge appears to be a clone of San Francisco’s majestic Golden Gate, and both cities are spread over hills linked by cable cars. If the mayor of Portugal’s capital has his way, the similarities will extend to a ferocious pace of technological innovation.
How do you sell the technology company you founded for $1.8 billion and five years later file for personal bankruptcy? For Halsey Minor, it may have been a fascination with houses, hotels, horses and art.
The San Francisco Bay Area will host the National Football League’s 50th Super Bowl in 2016 at the 49ers’ stadium that is set to open next year, while Houston was picked as the site of the 2017 championship game.
Tuba player Andrew Schwartz quit the Manhattan School of Music in 2011 when he saw opportunities shrinking and orchestras struggling. After a series of low-paid jobs such as selling stocks by phone, he left the workforce in August to pursue a master’s degree in business administration.
California’s median home price surpassed $400,000 for the first time in five years as rising demand and a tight supply of properties for sale drove up values, the state’s Realtors association said today.