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Uber’s real estate footprint unmatched among S.F. Bay Area startups

March 1, 2016 by · Leave a Comment 

By Heather Somerville SAN FRANCISCO (Reuters) – Uber's new Oakland headquarters is about four times bigger than Internet radio service Pandora Media's office nearby, and will house about five times the number of employees that ride-hailing competitor Lyft has at its headquarters. The on-demand ride service paid $123.5 million for Oakland's historic Sears building last year and has so far filed building permits to complete at least $2 million in renovations, according to BuildZoom, a startup that compiles construction and remodeling contractor…

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Uber’s real estate footprint unmatched among S.F. Bay Area startups

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Fed’s Dudley sees risks to U.S. economic outlook tilting to downside

March 1, 2016 by · Leave a Comment 

An influential Federal Reserve official on Tuesday said he sees downside risks to his U.S. economic outlook, an assessment that could flag a longer pause before the Fed's next interest-rate hike than he and his colleagues had earlier signaled. “At this moment, I judge that the balance of risks to my growth and inflation outlooks may be starting to tilt slightly to the downside,” New York Federal Reserve President William Dudley said in remarks at a conference in Hangzhou, China sponsored by…

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Fed’s Dudley sees risks to U.S. economic outlook tilting to downside

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Sam’s Club hires regional buyers, sees ‘local’ food as key in upscale shift

March 1, 2016 by · Leave a Comment 

Sam's Club, the warehouse club unit of Wal-Mart Stores Inc, is building a team of regional U.S. buyers to bring in more local and organic groceries, a strategy used by …

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Sam’s Club hires regional buyers, sees ‘local’ food as key in upscale shift