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News releases from San Francisco Business Times

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S.F. ordinance will waive $21.3 million in rent, fees for SFO concession tenants
The San Francisco Port, SFMTA, and the Recreation and Parks department have also waived some rent for commercial tenants impacted by the pandemic. 
Tags Logistics & Transportation Transportation Retailing & Restaurants
From Business Journals
Peninsula maker of test to detect Covid virus files for IPO
The company is seeking emergency use authorization of its Covid test. 
Tags Health Care Insurance Pharmaceuticals
From Business Journals
Cavallo Point Lodge resort lays off 119 following stay-at-home order
The upscale resort offering hotel, restaurant and retail amenities will be run by a skeleton crew until business can resume. 
Tags Travel Hotels & Lodging Travel & Tourism
From Business Journals
San Mateo Judge orders Pacifica yoga studio shut down over Covid-19 violations
The business is the first that San Mateo County officials have pursued a lawsuit against, following dozens of official complaints and multiple fines leveled at the studio, the county said. 
Tags Thomas Antoon Government & Regulations Retailing & Restaurants
From Business Journals
'Not on the radar' and 'infuriated' Bay Area bowling proprietors envy more open states
Bowling centers have been hit harder in California than almost anyone else while state restrictions keep the lanes off limits. 
Tags Jim Decker John Tierney Sports Business
From Business Journals
Imperfect Foods scores $95 million in Series D funding
The S.F.-based company plans to double capacity and product assortment with the new investment. 
Tags Retail Development Retailing & Restaurants Adam Berger
From Business Journals
Instacart to cut nearly 1,900 jobs as part of labor model shift
The unicorn is shifting to a less contractor-dependent model with some retailers. 
Tags Technology Shipping & Logistics Retailing
From Business Journals
Alameda Health appoints interim CEO
The public health system has seen labor and board turbulence. 
Tags Health Care Alameda Health System Insurance
From Business Journals
A quarter of S.F.’s most in-demand tech roles saw a salary cut during the pandemic
While most positions faced modest salary cuts, one took a hit of a 36.6%. 
Tags Human Resources Career & Workplace Technology
From Business Journals
This week in bankruptcies: Son Star Enterprises LLC and Whipple Auto Body Inc.
This week in San Francisco business bankruptcies include Son Star Enterprises LLC and Whipple Auto Body Inc. For the year, San Francisco has recorded 2 business bankruptcy filings. 
Tags Banking & Financial Services
From Business Journals
SFBT Digest: 5 things to know to start your day
It's Inauguration Day in D.C., and news from the White House has hit home with pardons in the Bay Area tech and biotech worlds this morning. 
Tags Government & Regulations Ucsf Biotech
From Business Journals
Former Bay Area biotech exec pardoned by Trump after fraud conviction
The Peninsula biotech executive was convicted in 2009 but had pressed to overturn the decision. 
Tags Genentech Roche Insurance
From Business Journals
Can Cruise punch the accelerator in commercializing its AV service by the end of the year?
Fueled with a whopping $2 billion investment from Microsoft, Honda, institutional investors and its majority stakeholder General Motors, Cruise has this opportunity. 
Tags Technology Automotive
From Business Journals
S.F. Supervisors approve ordinance for Chinatown restaurants with $1.9M in relief
The funds could revamp a community meal program for vulnerable residents and expand it to include dozens more restaurants. 
Tags Chinatown Community Development Center, Inc/ SF New Deal Government & Regulations
From Business Journals
Five reasons why employers should pay their workers' student loan debt
The new stimulus package offers employers tax incentives for contributing to workers' student loan debt. 
Tags Human Resources Career & Workplace Technology
From Business Journals
More than 50 Bay Area restaurants, wineries sue Newsom to overturn outdoor dining ban
The Wine Country businesses argue that Newsom's outdoor dining ban is "arbitrary, irrational and unfair" when activities like indoor shopping can remain open. 
Tags Restaurants Government & Regulations Carl Dene
From Business Journals
SF Travel appoints new lead for Moscone Center bookings
Last year the pandemic wiped out $920 million in direct tourist spend from cancelled conferences due to Covid-19. Here's who will lead the recovery effort to bring them back. 
Tags Nicole Rogers Tom David Jon Kimball
From Business Journals
How an East Bay biotech is applying its cancer know-how to a next-generation Covid vaccine
The company's stock soared more than 150% after it laid out plans Tuesday for a vaccine that could confer broader protection against the coronavirus responsible for killing more than 2 million deaths... 
Tags Health Care Gritstone Oncology, Inc/ Coronavirus
From Business Journals
New S.F. report reveals $411 million budget gap next fiscal year, more to come
Cost are expected to rise over time with no certainty of high-wage workers returning to city offices when the pandemic is over. 
Tags Government & Regulations Coronavirus Financial Planning
From Business Journals
SFBT Digest: 5 things to know to start your day
Check out our new morning feature. 
Tags Technology
From Business Journals
Calls rise for Covid-19 vaccines for gig workers
Uber, Lyft, Instacart and DoorDash call for their drivers and delivery workers to be given priority in receiving the vaccine, and some are even willing to entice their workers to do it. But the... 
Tickers UBER
Tags Instacart Lyft Inc/ Uber
From Business Journals
Zeus Living lost millions after Covid struck. Here's how it resurrected itself.
“No one's traveling. No one wants to rent any of our homes,” the CEO told us. “We have all this inventory, how are we going to survive?” 
Tags Travel & Tourism Kulveer Taggar Resilient Bay Area 2020
From Business Journals
Oakland Coliseum, three S.F. locations could be first Bay Area mass Covid vaccination sites
Baseball stadiums in Los Angeles and San Diego are already being used to distribute Covid vaccines, but not so far in the Bay Area. 
Tags Health Care Insurance Coronavirus
From Business Journals
Thanks for the memories: Norwegian Air shuts down flights at SFO, elsewhere
The airline was once a popular choice for Bay Area residents wanting a cheap flight to London, Paris and Barcelona. 
Tags Transportation Travel Doug Yakel
From Business Journals
Nonstop flights from SFO to Dubai set to restart
The move coincides with resumed nonstop service in two other major metros. 
Tags Transportation Aerospace Logistics & Transportation
From Business Journals
S.F. software firm Harness sees valuation rise to $1.7B with $115M round
The San Francisco unicorn — which delivers a software platform to its customers — has emerged among a growing pack of private Bay Area tech companies to eclipse the billion-dollar valuation mark in... 
Tags Technology Battery Ventures LP Thomvest Ventures Inc/
From Business Journals
This week in bankruptcies: Bay Area Drilling Inc., Bay Motors Inc.
This week in San Francisco business bankruptcies include Bay Area Drilling Inc., Bay Motors Inc. and more. For the year, San Francisco has recorded 0 business bankruptcy filings. 
Tags Banking & Financial Services
From Business Journals
Harvest Properties buys transformed Rincon Hill office building
The building, once a data center, was recently transformed into office space. 
Tags Commercial Real Estate
From Business Journals
S.F. restaurants sue to get fees reimbursed because of shutdown
Similar suits are expected within the next few weeks in Santa Clara, Alameda, and Contra Costa counties. 
Tags Food & Lifestyle Bars John Coté
From Business Journals
California expands vaccination to anyone 65 and over
Pressured to move fast and squash a rising case count in the state, Newsom expands vaccines to a large swath of older people. 
Tags Health Care Insurance
From Business Journals
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