Business & Tech Silicon Valley Bank Collapse Reverberates Through Bay Area Wine Industry, Tech Startups In addition to the many local tech companies large and small that are likely to be impacted by the collapse of Silicon Valley Bank (SVB), we're learning that they were a major lender and banking partner for the wine industry, accounting for about 2% of the bank's total business.
Business & Tech Silicon Valley Bank Shut Down By Regulators In Biggest Bank Failure In 15 Years In what may be a harbinger of more hard days ahead for the tech world in the Bay Area, a prominent lender to startups and one of the 20 largest banks in the country, SVB Financial Group or Silicon Valley Bank, has failed.
Business & Tech Lyft Is Laying Off Nearly 1,000 Workers, Furloughing 300 More Lyft just announced that it will lay off 17 percent of its workforce, or 982 people, in order to address losses that it faces due to pandemic lockdowns. And employees say they were mistakenly all sent an email earlier this week using an insensitive name for the cost-cutting project.
SF News Unemployment Report Reveals Harrowing Numbers While style-free male nerds and affectedly geek-chic (vomit) young girls continue to make a killing in Mission Bay, SOMA, and Silicon Valley, the rest of the country still feels the pinch
SF News New Leaf Closing for Good In October After 35 years of providing mental health, substance abuse, and senior services to the LGBT community, HIV/AIDS patients and beyond, New Leaf announced it will close its doors by the middle of
SF News Unemployed Homeowners to Receive Federal Aid According to Associated Press, "The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation's toughest job markets with the largest chunk coming to California."
SF News Need a Little Extra Money? Grow Pot. Young, twentysomething Californians with advanced degrees are figuring out what Nancy Botwin has known since her husband died: growing and selling marijuana on the black market in a down economy is a swell
SF News Bay Area Is Home to 6 of the 10 Zip Codes in the Country Where Homes Sell Above Asking Price We know all of you are *riveted* by real estate news, but we thought you might like to know that sales seem to be picking up speed both in pricier and hard-hit
misc Nine Empty Sexy Storefronts Sit Restless on Lower Haight Haighteration, a glorious blog focused on the Lower Haight, brings to you the area's "nine sexiest" vacant storefronts on the lower half of San Francisco's most famous
Arts & Entertainment The New Frugality: Public Reading by Rachel Brodsky According to personal finance aficionado and BusinessWeek's economics editor Chris Farrell, frugality is back. And while this isn't anything we didn't already know, no
SF News SPCA to Close On Mondays Sad news. Due to the state's continuing economic woes, the San Francisco Society for the Prevention of Cruelty to Animals, for the first time in its 141 year history, will close
misc MGMT Tickets for Job Offer Want to see MGMT's sold-out show at the Independent tonight? Well, this Craigslist ad, which came to us via SFist's contribute page, might help: Trading MGMT Independent tickets
SF News California Jobless Rate Climbs While some have declared the recession over, more or less, California's job rate might disagree. In August, we witnessed the jobless figure "climb to 12.2 percent last month, the
SF News Salon Clips 20% Of Its Editorial Staff In an effort to become "more of a true Web publication," the AP English class of the interwebs, Salon.com, laid off six editorial staff members. CEO Richard Gingras confirmed to
SF News Kaiser Permanente to Slash 1,200 Jobs Kaiser Permanente plans to eliminate about 1,200 Northern California jobs due to the tanking economy. The primary areas affected by this most recent slash include "housekeeping, pharmacy techs/clerks, unit assistants,
SF News SF Elected Offiicals Take "Symbolic" Pay Cut San Francisco Mayor Gavin Newsom, the Board of Supervisors, and other top-level officials will take a 2.45 percent pay cut this fiscal year. Which is more "symbolic" than anything,
SF Restaurants, Food & Drink A Simple Request Too Logical for San Francisco What with venues like Flour + Water and food trucks serving tweaked for-the-masses fare for mid to upper echelons, it's next to impossible to find a decent, reasonable meal in
SF News Quote du Jour: Concierge Out / Key Card In It seems real estate construction types are finally -- finally! -- realizing in 2009 that no one can afford their mindnumbingly thoughtless, albeit impressive and mildly erotic, InfinityBeaconOneRinconBLŪ luxury towers. San Francisco Business Times has
SF News San Francisco's Bison, Can They Survive Nowadays? Sadly, the answer could be no. SFAppeal has a phenomenal video that highlights the declining bison population of San Francisco. Although only five of them remain in the city today, "the bison
SF Restaurants, Food & Drink Sign of the Times: Bong Su, Anyone? by Ted Weinstein Are there any foodies out there feeling particular daring? Want to start a restaurant? Looks like you can grab the keys and drive one right off the lot, according to
SF News Calif. Jobless Rate Breaks Record In some not-so-cheery Friday news, California's unemployment rate skyrocketed to 11.5 percent in May, making it "the highest in modern record-keeping," according to the U.
SF News Sell Naming Rights of Cable Cars? San Francisco is throwing around the idea of selling the naming rights of the cable cars to aid SFMTA. Naturally, people do not like the money-making scheme of re-naming the iconic
misc UPDATE, Old Meme -- Help Find Beloved Labs a Home Together Update: Ha, it looks like we've been had, kind of -- it is a true story though. According to Snopes, this story actually happened down in LA in February, and the dogs
SF News UCSC Students Protest Budget Cuts Via Hunger Strike Dozens of students and staff at the University of California at Santa Cruz have gone on a hunger strike "in order to bring attention to $13 million in state funding being cut