Schwarzenegger Scores Tesla Commitment

Governor Arnold Schwarzenegger inspects the underside of an all-electric passenger vehicle
developed by Tesla Motors in San Carlos following a press conference yesterday.
The press conference was held to announce Tesla Motors has chosen California over New Mexico
to manufacture a new sports-sedan model.
Photos by John Hoctor
By Jason Bennert
July 1, 2008
Heralded electric car manufacturer Tesla Motors will build […]

 

Appeals Court Rejects Chevron Bid
For $101 Million Tax Refund

By Julia Cheever
June 13, 2008
A federal appeals court in San Francisco today rejected a bid by San Ramon-based Chevron Corp. for a $101 million income tax refund.
The 9th U.S. Circuit Court of Appeals overturned a ruling in which U.S. District Judge Saundra Armstrong of Oakland had allowed the refund. The dispute had to do with […]

 

S.F. Health Plan, Herrera Sue McKesson
for Pharmaceutical Price-Fixing Scheme

San Francisco City Attorney Dennis Herrera
Photo by Luke Thomas
City Program is First Government Plaintiff in Federal Suit Alleging Multimillion Dollar Conspiracy
to Hike Prices on Consumers, Providers
From the Office of City Attorney Dennis Herrera
May 20, 2008
City Attorney Dennis Herrera and the San Francisco Health Plan, the City-sponsored program that provides health insurance to more than 50,000 […]

 

Supes Extend Permit Deadline
for Medical Marijuana Dispensary Compliance

By Ari Burack
May 6, 2008
San Francisco supervisors today voted to extend the permitting process for some of the city’s medical marijuana dispensaries, many of whose permit applications are still being processed by various city departments.

 

City suit accuses major financial firms of bid-rigging

Jeff Shuttleworth
April 23, 2008
Oakland City Attorney John Russo today filed a class-action federal antitrust lawsuit against national financial firms, including Bank of America, Bear Stearns, J.P. Morgan, and Wachovia Bank, accusing them of conspiring to gouge taxpayers through illegal price fixing and bid rigging.

 

Joe Nation unveils climate change
and economic development plans

California District 3 candidate Joe Nation
unveiled a detailed climate change action plan Tuesday at Sonoma State University.
File photo by Luke Thomas
By James Lanaras
April 23, 2008
State Senate candidate and former Assemblyman Joe Nation detailed a climate change plan and economic development proposal Tuesday to create “green collar” jobs and reduce the budget deficit.
Nation unveiled his proposal […]

 

Former CFO indicted
on charge of tax evasion in backdating scheme

By Julia Cheever
April 23, 2008
The former chief financial officer of a Silicon Valley software company has been indicted by a federal grand jury in San Francisco on charges of tax evasion stemming from a stock options backdating scheme.
Sharlene Abrams of Los Gatos was chief financial officer of Mercury Interactive Corp. of Mountain View from 1993 […]

 

Newsom and Peskin join hands
to expand payroll tax credits

Putting political differences aside for a good cause,
Mayor Gavin Newsom and Board President Aaron Peskin announced new legislation Tuesday
to provide tax credits to businesses that hire disadvantaged workers.
File photo by Luke Thomas
By Ari Burack
March 13, 2008
An ordinance introduced Tuesday by Mayor Gavin Newsom would allow more businesses, including small businesses, in certain parts of San […]

 

Prosecutors seek minimum six month sentence
in stock options backdating case

 
By Julia Cheever
March 13, 2008
Prosecutors have asked a federal judge in San Francisco to send a former Silicon Valley executive to prison for at least six months and fine her $5.25 million for her role in a stock options backdating case.