- A hotshot San Francisco fintech startup called Fast announced it is closing, despite having piled up $124 million in venture capital as recently as January 2021. While the company had received a valuation of $600 million, it turned out its actual revenue generated was only $600,000. [SFGate]
- Gas prices in California saw a minor dip this week, and went down by an average of six measly cents. But get this — San Francisco does not have the highest gas prices in the state; that distinction goes to San Luis Obispo-Atascadero-Paso Robles ($6.03 per gallon), while SF is all the way down at No. 10 ($5.90 a gallon). [KRON-4]
- Seven women are now suing ex-Windsor Mayor Dominic Foppoli and his winery over sexual assaults and the winery’s failure to investigate them. It’s unclear whether the now-resigned Foppoli still has an ownership stake in the Christopher Creek Winery where it’s alleged that he majority of the assaults took place, and the suit also names a non-profit called Active 20-30 that has an “all-male chapter” in Santa Rosa. [Chronicle]
- East Bay Rep. Eric Swalwell has introduced a bill to penalize unruly air passengers for air rage incidents, as unruly passenger incidents tripled in 2021. [KRON-4]
- Smart & Final will pay a $175,000 fine for price-gouging on eggs during the pandemic, after Attorney General Rob Bonta received a “large number of complaints reporting dramatic increases in the retail price of eggs” at the grocery chain. [KPIX]
- A Chronicle report finds that San Francisco fast food restaurants generate more 911 calls to police than the other largest cities in California, and the Fillmore Street McDonald’s apparently generates more 911 calls than any other fast food restaurant in the city. [Chronicle]
Image: @madbyte via Unsplash
