Archive for September 2020
FDA trips up Zosano Pharma’s migraine patch 3 weeks before approval date
The company's stock lost more than half its value in after-hours trading.
Palantir Technologies stock jumps in Wall Street debut
The data analytics company's initial valuation of $15.7 billion was well below its private valuation of about $20 billion. But the stock soared more than 30% after it started trading, pushing it above that earlier estimate of its worth.
Coldwell Banker hires new Northern California president
The residential brokerage, originally founded in 1906 in San Francisco, has turned to a Seattle-area real estate manager to lead its Bay Area operations.
Jeff Bluestone’s cell therapy startup Sonoma Biotherapeutics raises another $30M, adds key staff
The South San Francisco company has raised a total of $70 million as it looks to make cell therapies for a range of diseases that include rheumatoid arthritis and amyotrophic lateral sclerosis.
40 Under 40: Introducing the third group of honorees for 2020
These young professionals are being recognized for their career accomplishments and community service.
Oceanwide Center sale delayed again; developers, GC sued over unpaid work
It's just the latest in a list of problems for the high-profile downtown San Francisco project, which was supposed to be sold by Wednesday to a new owner.
Former Quarry Park Adventures operator files new suit against Rocklin, current operator
Rocklin’s Quarry Park Adventures is weathering the Covid-19 crisis, although the legal battle over the construction and operation contract marches on.
Midtown’s Press Building sold for $118 million
SKK Developments and DeBartolo Development have sold the 277-unit Press Building in Midtown Sacramento, only a few months after finishing the project.
Exclusive reader survey: Businesses report revenue declines, diminishing cash reserves
Nearly 70% of businesses reported a revenue decline since the start of the Covid-19 pandemic, and roughly one in five say they will run out of cash in five months.
Kanye West on the Gap board: A dream director — or a disaster?
The hip hop mogul's demands for a spot on the boards at Gap and Adidas present interesting scenarios for the retailers, while highlighting the risk of partnering with a famously mercurial figure.