Archive for January 2021
East Sac Hardware is closing. Here’s what could be next for the property
A longtime hardware store in East Sacramento is permanently closing, as the retail industry undergoes significant disruption.
Wells Fargo CEO Charlie Scharf takes big pay cut in rough year
When it comes to pay packages, the bank's board set aside 2020 performance goals that were set before the pandemic slammed the nation's economy.
River City Bank sees strong growth, earnings in 2020
The Sacramento-based bank earned record income and grew its assets 30.5% in 2020.
Robinhood and the big short squeeze: Frantic week’s winners and losers
Will Charles Schwab be a big winner from Robinhood customers feeling betrayed by their favorite trading app?
Databricks is doing something that only six others have done in last five years
The cloud-based data analytics company's big raise puts it in an exclusive club.
Crumbl, BAD Bakers joining Folsom retail building
One of the new additions is a cookie franchise, while the other is a locally based bakery that specializes in bread and doughnuts.
DoorDash opens applications for Covid-19 restaurant relief grants
DoorDash Inc. will make $5,000 grants to 45 restaurants in Sacramento as part of its Covid-19 relief program.
A sign of recovery? Condo closings tick up in last leg of 2020
Increased sales in the fourth quarter reflect increased opportunity for homebuyers as condo values continue to fall, experts say.
‘The point where no one is happy’: Analysts weigh in on how Wells Fargo’s layoffs, other cuts are playing out
Widespread layoffs are underway at Wells Fargo & Co., as the bank seeks to slash costs and build efficiency.
Clippinger buys property near R Street
A three-quarter-block property near Sacramento's R Street Corridor is in new hands, bought by a firm that owns other prominent urban core buildings.