New residential project heralds housing boom coming to South San Francisco
 
Posted: 24 Jun 2016, 5:49 pm
A developer has proposed a 107-unit residential building in South San Francisco, adding to a wave of new housing projects that could transform the city?s downtown. The project at 150 Airport Blvd., designed by DNA Design and Architecture, sits on the site of a vacant warehouse. ?You?re going to start to see redevelopment and revitalization of the city, which has more of its roots as an industrial town,? said Rocky Shen, founder and principal of DNA. ?It?s good for the growth of the?

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Visa, Schwab and Wells Fargo shares slammed on Brexit vote
 
Posted: 24 Jun 2016, 5:04 pm
Visa shares sunk more than 4 percent on the United Kingdom's vote to leave the European Union. Britain's "Brexit" is expected to hit the company's bottom line in several ways, according to a Sandler O'Neill report Friday. Analyst Christopher Donat says Visa and rival MasterCard (NYSE: MA) will take a hit from slower consumer spending, less cross-border activity, slower migration from cash to digital payments and foreign exchange headwinds for earnings in Europe. Join the conversation: Follow?

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By the numbers: San Francisco Pride's impact on our local economy
 
Posted: 24 Jun 2016, 4:48 pm
This Sunday marks the 46th annual San Francisco Pride Parade and it is certainly shaping up to be a historic one for many reasons. The theme for this year?s event is ?For Racial and Economic Justice? but due to the massacre in Orlando two weeks ago, it will be the first year that the event organizers will be ramping up security to include bag checks and metal detectors. Join the conversation: Follow @SFBusinessTimes on Twitter, "Like" us on Facebook and sign up for our free email newsletters. All?

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Will the force be with San Francisco this time in Lucas Museum's search?
 
Posted: 24 Jun 2016, 3:51 pm
With the finality of an exploding Death Star or Britain's vote to exit the EU, legendary movie maker George Lucas has terminated plans to build his Lucas Museum of the Narrative Arts in Chicago. "Chicago will no longer be considered a potential site for the museum," Lucas said late Friday morning. "California will be its future home." That leaves San Francisco and Los Angeles as the leading contenders for the $1.5 billion prize, since the Lucas team confirms that California is where it wants to?

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