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Business
Business news from the Oakland Tribune and other East Bay newspapers
- Drivers jump on $1.99 gas
CONCORD — Mary Anne Bostain of Concord is on disability and money is tight, so when she saw the $1.99 sign for regular gasoline at Bonfare Market Thursday, she hung a U-turn and pulled in, along with her two hairless Chinese crested dogs. - Medical services fill void in Walnut Creek
WALNUT CREEK ? Two big names in East Bay health care are expanding their operations here in separate moves that suggest this city is increasingly becoming a focal point for medical and life sciences operations. - Sales story has 2 sides; stable and stale
FREMONT ? For Niles, one of this city's traditional urban centers, the upcoming holiday shopping season could be a tale of two downtowns. - No fee to use GPS navigation
Q. Do you need to pay to use a GPS satellite navigation system, and if so what does it cost? ?J. Marcus, Carrick, Pa. - Budget deficit hits record, jobless up
WASHINGTON ? The nation's financial picture grew darker Thursday, a day marked by breathtaking numbers: a quarter-trillion-dollar budget deficit for a single month and a half-million new applications for unemployment benefits. - Fremont's Aryx raises $21.6 million
Fremont-based Aryx Therapeutics Inc. has struck a deal to raise $21.6 million through a private placement of the company's securities to a group of investors led by New Enterprise Associates. The biopharmaceutical company said it will sell 9.6 million shares and issue warrants for the purchase of 2.9 million more shares. - Long-term market outlook good
"Plan for a hundred years, but live each day as your last." This blast of hyperbole offers one of the best antidotes for coming to terms with the stock market's deluge. - USDA projects lower corn and soybean harvests
WASHINGTON ? The Agriculture Department on Monday lowered its forecasts for this year's U.S. corn and soybean harvests, pushing up the prices of both commodities. - Fremont's DataGuise hires Jarlstrom as V.P.
Fremont-based DataGuise, which provides data security and compliance solutions, announced the appointment of former IBM executive, Erik Jarlstrom, as vice president of customer advocacy. - Artists stage street scenes to lurk in Google maps
PITTSBURGH ? Anyone using Google's Street View map feature to scan one downtown Pittsburgh street is bound to do a double-take. - Wheelchair Getaways keeps customers rolling
Barbara Jackson taxis her electric wheelchair up to the Wheelchair Getaways van, then presses a button on the remote control. The right-hand passenger door slides open, a ramp folds down, Jackson drives the wheelchair up the ramp into the passenger area. Finally, her husband, Jim, secures her wheelchair to the floor. - YouTube using search-driven ads
SAN BRUNO ? YouTube is trying to make more money by letting advertisers bid for the right to have commercials shown alongside the search results at the Internet's most popular video site. - Little help for stranded passengers
WASHINGTON ? A federal task force approved voluntary guidelines Wednesday for airlines and airports dealing with passengers stranded for hours on the tarmac but produced no fixed limit on how long they can be delayed before being allowed to leave planes. - Dimon: Recession could be worse than market meltdown
NEW YORK ? The economy's downturn could end up being worse than the recent crisis in the financial markets, JPMorgan Chase & Co. CEO Jamie Dimon said Wednesday at a banking conference. - Twitter shunning venture capital as startup values fall
Evan Williams raised $22 million in funding for Twitter Inc., a Web site used by everyone from Britney Spears to Starbucks Corp. to Barack Obama. Sales? Those could come later -- that was, until the economy tanked.