BofA's No. 2 executive was paid more than CEO Brian Moynihan in 2014
 
Posted: 26 Mar 2015, 5:54 pm
Brian Moynihan made almost as much money as his top lieutenant in 2014. But not quite. Bank of America Corp. (NYSE:BAC) Chief Operating Officer Thomas Montag was paid $14.9 million last year, edging his boss once again. Moynihan has been paid less than Montag every year since Moynihan was promoted to CEO in 2010. Moynihan earned $14 million last year, based on a $1.5 million salary and stock awards. He was not paid a cash bonus. Montag earns a $1 million salary as well as long-term stock awards,?

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This Tenderloin project’s decade of delays shows why affordable housing is languishing
 
Posted: 26 Mar 2015, 5:31 pm
A decade ago, Tenderloin leaders applauded the purchase of a major development site on the corner of Eddy and Taylor streets by one of the city?s most formidable nonprofit housing builders. Tenderloin Neighborhood Development Corp. planned a 14-story, 153-unit apartment building for low-income renters and a badly needed grocery store ? but then hit a wall. It still hasn?t lined up financing to pay for the project after a decade of trying. Today, the nonprofit housing developer got unanimous?

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Salesforce CEO bans company travel to Indiana to protest controversial law
 
Posted: 26 Mar 2015, 4:23 pm
The CEO of San Francisco-based Salesforce is canceling all programs that require employees or customers to travel to Indiana, a dramatic move to protest what critics say is a new law that allows businesses to discriminate against the gay community. [Scroll down to see his tweets] ?Today we are canceling all programs that require our customers/employees to travel to Indiana to face discrimination,? said Marc Benioff in a tweet. The law, which was signed by Indiana Gov. Mike Pence today, would?

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New food market will anchor former Sears building in Oakland
 
Posted: 26 Mar 2015, 3:14 pm
Tech giants may be vying for space in Uptown Oakland?s under-development former Sears building, but the ground floor tenant will be a new specialty food market. Newberry Market & Deli will land in Uptown Station, as the project is being called, at 20th and Broadway in summer 2016. The market will take up at least 20,000 square feet at the ground-floor of the 400,000 square-foot building, which was recently acquired and is currently undergoing a complete renovation by investment firm Lane Partners,?

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Posted September 18, 2012