Archive for October, 2009
October 31st, 2009 | 
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U.S. Bank takes over Pacific National
U.S. Bank took over Pacific National Bank following federal regulators’ seizure of the struggling San Francisco institution Friday evening, part of a larger action that involved banks in four states.
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Gavin Newsom pulls out of governor’s race
San Francisco Mayor Gavin Newsom has pulled out of next year’s governor’s race due to family responsibilities.
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Geron could resume stem cell trial
Geron Corp., a Menlo Park-based stem cell research company, has moved closer to a federal approval that would allow it to resume its testing of an embryonic stem cell therapy for spinal cord injuries.
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Starbucks alters loyalty card programs
Starbucks Corp. said it will merge its two loyalty card programs into one, beginning in December. (SBUX)
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Arthur J. Gallagher’s 400 job cuts won’t affect Bay Area
Arthur J. Gallagher & Co., the big insurance brokerage, will cut 400 jobs nationwide in coming months, despite a 10 percent jump in third-quarter profits. But David Brown, Gallagher’s San Francisco area president, indicated Friday that no local staff reductions are planned.
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Sonoma-Cutrer Vineyards’ winemaker to retire next year
Wine and beverage giant Brown-Forman said Friday that longtime Sonoma-Cutrer Vineyards wine maker Terry Adams has decided to retire next year, after nearly 30 years at the high-end winery. (BFB)
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Police looking for man who went missing in Belmont
Authorities are looking for a mentally ill 21-year-old man reported missing Monday in Belmont.
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Macias wins Jack Goodman Stakes
Bob Baffert-trained 2-year-old Macias held off Hurricane Ike by a neck Saturday in the $60,413 Jack Goodman Stakes. Ridden by Garrett Gomez, the favored Macias took the lead going into the stretch, drew clear of the field and held of Hurricane Ike, covering six furlongs in 1:08.98.
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Calif. searchers scour seas 2 days after air crash
Rescuers are still searching for any survivors from a midair crash between Marine Corps and Coast Guard aircraft, a top commander said Saturday afternoon, as families of the nine military members lost in the Pacific nearly two days ago held out hope their loved ones would be found alive. Coast Guard Rear Adm. Joseph Castillo said that there was a chance of life because the missing crew members could have been wearing drysuits and were in excellent physical condition.
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