Category: San Francisco (Calif)

Hotelier Stops Making Loan Payments on Two San Francisco Properties

Park Hotels & Resorts said it stopped making payments on a $725 million loan tied to two prominent hotels in a city hit hard by pandemic-related changes.
San Francisco Fed Ties to S.V.B. Chief Attracts Scrutiny to Century-Old Setup

As Greg Becker, the former C.E.O. of Silicon Valley Bank, prepares to testify before Congress, boards that oversee regional Federal Reserve branches are in the spotlight.
Arrest in Bob Lee Case Has Upended Tech Narrative of San Francisco

Some influential tech executives said Mr. Lee’s death reflected a city overrun by crime, but few have reversed course since the arrest of a man who knew the victim.
Passenger Flight Is Diverted After Woman Threatens Flight Attendant

An Alaska Airlines flight from San Francisco to Chicago landed in Kansas City, Mo., after the passenger started acting erratically. She was arrested on a federal charge.
Kehinde Wiley’s New Exhibition Is a Chapel of Mourning

The New York Times – Fashion & Style:
“An Archaeology of Silence” opens in San Francisco after a string of police killings of Black men. It offers a respite room to those needing a break.
Happiness or Success? Salesforce’s Marc Benioff Doesn’t Want to Choose.

The New York Times – Business:
The chief executive, under pressure from activist investors, seeks to do well and do good — but his options are narrowing.
Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury

The New York Times – Business:
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
Self-Driving Car Services Want to Expand in San Francisco Despite Recent Hiccups

The New York Times – Business:
Waymo and Cruise hope to widen their projects to include more of the city. But local officials are increasingly concerned about breakdowns causing congestion.
Elon Musk Says Saudi Fund Wanted to Take Tesla Private

The New York Times – Business:
Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.
Want a Giant Neon Twitter Bird? It’s One of Many Items Up for Auction.

The New York Times – Business:
The company’s artwork, high-end furniture and espresso machines are for sale in an online auction that evoked a more flush era when its tastes reflected its status as a hot tech-world employer.
Walgreens Executive Says Shoplifting Threat Was Overstated

The New York Times – Business:
In a call with investors on Thursday, the chief financial officer of Walgreens, James Kehoe, said “maybe we cried too much last year” over theft.
Elayne Jones, Pioneering Percussionist, Is Dead at 94

The New York Times – Music:
She challenged racial barriers when she joined the San Francisco Symphony in 1972. But she became embroiled in a legal battle when she was denied tenure two years later.