Bay Area, California hotel sales implode as investors flee sector
OAKLAND — Sales activity for the hotel markets in the Bay Area and California more broadly imploded during the first half of 2023, in a renewed sign of the sector’s …
Economy
Can expensive, American-made weapons like F-16s turn the tide in Ukraine’s war against Russia?
The Ukrainian counteroffensive that launched in June against Moscow’s invasion has run into a Russian wall. In the run-up to the Ukrainian push, weapons from Western allies — such as …
New Democrats’ A.I. working group aims to shape policy
Omar Marques | Lightrocket | Getty Images WASHINGTON — Democrats on Capitol Hill are forming a new working group on artificial intelligence and prioritizing how to prevent deepfakes from wreaking …
San Jose office building tumbles into loan default for second time
SAN JOSE — A San Jose office building has tumbled into default on a loan, a disquieting indicator that post-coronavirus economic gremlins still haunt the Bay Area real estate market. …
Yeti store and several restaurants head to Santana Row in San Jose
SAN JOSE — Santana Row in San Jose, described by its principal owner as one of the parent company’s “big four” centers, has landed new merchants, including an outdoor gear …
Stock markets face a ‘perfect storm’ as high rates and China fears bite, analysts warn
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images “Whether it’s the brewing crisis …
Big Fremont tech and research park is grabbed by California buyers
FREMONT — A big tech and manufacturing complex in Fremont has been bought in a deal that suggests Bay Area real estate still maintains islands of strength despite a wobbly …
China is keeping group tour restrictions on Canada. What will the impact be? – National
China’s recent decision to keep group tour travel restrictions on Canada as it loosens pandemic-era measures is a blow to Canadian tourism, industry groups say. Last week, China ended COVID-19 …
Bay Area adds jobs in July — but pace of job gains slows drastically
The Bay Area added jobs during July — but the pace at which the region gained employment slowed significantly from recent months, state labor officials reported Friday. The nine-county region …
Tech firm Block and Black cultural group open downtown Oakland market
OAKLAND — Tech company Block Inc. has teamed up with the nonprofit Black Cultural Zone to open Uptown Market, a retail hub that’s poised to bring a lively mix of …