Bloom Energy trims dozens more jobs, Bay Area layoffs now top 100
SAN JOSE — Bloom Energy has revealed plans to trim dozens more jobs in the Bay Area, cutbacks that have sent the green energy company’s local layoffs past the 100 …
green energy
Biden administration puts $1.3 billion toward new power lines
The Biden administration is putting $1.3 billion toward bolstering the nation’s power lines while emphasizing the investment’s importance for carbon-free power. The funds will go toward three proposed transmission lines, the administration …
US Federal interest rate decision, macroeconomic data, Q2 earnings to dictate market trends this week: Analysts
NEW DELHI: The US Federal Reserve’s interest rate decision, global cues, macroeconomicdata announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this …
Tech companies and big bank slash hundreds more Bay Area jobs
SAN RAMON — Tech companies and a big bank have slashed hundreds more jobs in the Bay Area, unsettling revelations that arrive on the heels of monthly job losses in …
Western sanctions haven’t curbed Russian oil profits, but the green energy transition could
Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The …
Huge Livermore buildings that include Tesla operations are bought
LIVERMORE — Three huge Livermore buildings whose tenants include Tesla have been bought in a deal that tops $300 million, a sign that some Bay Area real estate sectors remain …
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. …