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Search resuls for: "San Francisco Business Times"


6 mentions found


☆ Starbucks is closing 7 San Francisco stores, as it expands delivery and new store formats. Here's the full list of closing locations.
  + stars: | 2023-10-04 | by ( Alex Bitter | Gloria Dawson | ) www.businessinsider.com   time to read: +3 min
Starbucks is closing seven locations in San Francisco as the chain cuts back on a dense store network. Many retailers have closed stores in downtown San Francisco, citing low foot traffic and crime. AdvertisementAdvertisementStarbucks is closing seven stores in San Francisco as it renovates others and adds a pickup-only location. AdvertisementAdvertisementEven without the planned closures, Starbucks operates fewer stores in San Francisco than it did several years ago. Starbucks has "opened or re-opened" three locations in San Francisco over the last six months, the company spokesperson told Insider.
Persons: it's, —, Geary, Van, Yves Saint, Laurent Organizations: Starbucks, Service, San Francisco Business Times, Safeway, Geary St, California St, Employees, Business Times, Times, Restaurant, Nordstrom Locations: San Francisco, California, Van Ness
☆ Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that's resurfaced
  + stars: | 2023-06-04 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
Elon Musk bemoaned a missed opportunity and said he wanted to meet Warren Buffett in a 2008 profile. The Tesla, SpaceX, and Twitter CEO said he hated firing people and struggled to move to Los Angeles. The Tesla, SpaceX, and Twitter CEO could have invested in SunPower at a $15 million valuation but didn't do so, he said. However, its stock price has basically flatlined over the past 15 years, meaning Musk hasn't missed out on much since his interview. The electric-vehicle and space-transportation pioneer also disclosed the people he was most interested in meeting at the time: Warren Buffett and Charlie Munger.
Persons: Elon, Warren Buffett, Musk, —, Elon Musk, hasn't, Charlie Munger, Berkshire Hathaway, he'd, Buffett Organizations: SpaceX, Twitter, Service, Privacy, San Francisco Business Times, Berkshire, Tesla Locations: Los Angeles, SunPower, Texas
☆ Twitter's landlord sues after Elon Musk stops paying millions in rent at SF headquarters
  + stars: | 2023-01-24 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
Twitter's landlord in SF accused the company of skipping out on rent since December. It's the latest landlord scuffle for Twitter, which was sued in the UK by King Charles III's firm. Twitter's headquarters at 1355 Market Street, where its landlord is suing over unpaid rent. Earlier this month, the landlord of Twitter's Hartford Building at 650 California Street, sued the social media company over some $136,260 in unpaid rent. In the UK, a real estate firm for King Charles III is also pursuing claims against Twitter there for unpaid rent.
☆ 9 tech companies that have ditched San Francisco offices in 2022 are a warning sign for cities to rethink their reliance on big firms
  + stars: | 2022-12-28 | by ( Robert Davis | ) www.businessinsider.com   time to read: +6 min
San Francisco should be a cautionary tale for cities that rely on tech firms to fill office space. At least nine companies have exited office space in the city, . Salesforce CEO Marc Benioff told Bloomberg that San Francisco needed "more diversity" in its economic and tax base, as well as more residential homes and cultural attractions downtown. Meta is planning to leave some of its office space in San Francisco. PayPal left its office in San Francisco this summer.
☆ Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
  + stars: | 2022-11-27 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com   time to read: +28 min
Gem: 100A maker of recruiting software, the startup cut a third of its workforce Nov. 1, The Information reported. HealthCare.com: 149The health insurance marketplace announced the job cuts Aug. 3, Miami Inno reported, citing state regulatory filings. Fabric: 120The robotics startup said July 13 that it was layoffing off 40% of them, TechCrunch reported, citing company confirmation. It affected about 300 people, the Silicon Valley Business Journal reported, citing company confirmation. Policygenius: 170The online insurance company cut about 25% of its staff, Axios reported June 6, citing company confirmation.
☆ 'Moneyball' manager Billy Beane says Warren Buffett's investing lessons apply to baseball too - and Seth Klarman agrees
  + stars: | 2022-09-24 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +4 min
"Moneyball" star Billy Beane said Warren Buffett and Charlie Munger's lessons apply to baseball. Author Michael Lewis profiled Beane in "Moneyball," and Brad Pitt played the baseball executive in the movie adaptation of the book. "It's about finding value in athletes, in baseball players — but those principles apply across areas," the billionaire investor and Baupost Group CEO said. Klarman has been heralded as "the next Warren Buffett," including by the Berkshire chief himself. Read more: Table tennis champion Ariel Hsing has been friends with Warren Buffett for more than a decade.
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