Business & Tech Once High-Flying Scooter Company Bird Declares Chapter 11 Bankruptcy Scooter startup Bird already left San Francisco in February blaming “onerous regulations,” but ten months later they’re declaring Chapter 11 bankruptcy as their stock is down 97%, so you have to wonder about their business acumen.
SF News In the Wake of Hundreds of Child Sex Abuse Cases, the Archdiocese of San Francisco Is Set to File For Bankruptcy The San Francisco Archbishop said in an open letter Friday that the diocese's bankruptcy was "very likely," as it would allow for a reorganization of finances and a collective settlement for survivors of priests' abuse.
Business & Tech Scooter Company Bird May Go Bankrupt, or Even Out of Business, After an ‘Overstatement’ of Revenue The scooter startup Bird, which also does business in San Francisco as Scoot, is getting its wings clipped after reportedly overstating revenue for two years, and is now mulling bankruptcy, or discontinuing business altogether.
SF News PG&E Unveils Bankruptcy Plan: Ask Wall Street for Another $60 Billion The bankrupt utility needs $57.6 billion to pull itself out of Chapter 11 bankruptcy. Investors would probably hook them up, but exasperated state regulators may put the kibosh on it.
SF News Wiener Introduces PG&E Public-Takeover Plan, Utility’s Stock Jumps 12 Percent Anyway PG&E wants to dig out of their problems by just adding some safety experts to their board, but state Senator Scott Wiener would prefer to end PG&E as we know it.
SF Restaurants, Food & Drink Magnolia Brewing Files For Bankruptcy, Promises Business As Usual San Francisco craft beer pioneers Magnolia Brewing grew quickly from a Haight Street basement operation into a two-pronged ale empire with the addition of $3 million, 10,000-square-foot Dogpatch brewpub Smokestack, but despite
SF News Stockton Is Largest U.S. City To Go Bankrupt A judge has authorized the city of Stockton's bankruptcy filing, making it the largest city in U.S. history to go bankrupt, second only to Vallejo, which filed for bankruptcy back in 2008.
SF News KGO-AM, KSFO To Enter Bankruptcy By December's End Citadel Broadcasting Corporation, noted as "the third-largest radio broadcaster in the U.S." and owner of San Francisco's KGO-AM 810 and KSFO 560, will file for bankruptcy by the end of the year,
SF News Airport Pre-Screening Service Goes Belly Up A company that provides a service we never even heard of called the Clear Registered Traveler Program has abruptly gone out of business, KCBS reports. Clear operated special security lanes at 20 airports
SF News City of Oakland Considering Bankruptcy The state and our fair city have their share of budget woes, but Oakland is now considering pulling a Vallejo and filing for bankruptcy in the face of $100 million budget deficit in
SF News Mission Neighborhood Centers in Trouble The Mission Neighborhood Centers, Inc., one of the oldest nonprofits in the neighborhood, which is responsible for putting together the annual Carnaval and Cinco De Mayo festivals, along with many other invaluable programs,
SF News Chrysler To File For Chapter 11 Bankruptcy After failing to make a deal with creditors, automaker Chrysler will file for Chapter 11 bankruptcy today in New York. The White House had been pushing for controlled bankruptcy if the automaker wasn't
SF News Techies File For Bankruptcy, Too Area bankruptcy filings have gone up 50% in the first quarter of 2009, compared to last year, the San Jose Mercury News reports. Records at the U.S. Bankruptcy Court in San Jose
SF News KRON 4 (Young Broadcasting) Files for Bankruptcy KRON 4's parent company, Young Broadcasting, (finally) filed for bankruptcy today, according to sources. KRON, once the Bay Area's NBC affiliate, has been for sale since last year. Most recently, Young Broadcasting Inc.
SF News Vallejo Files for Bankruptcy Free from last last year's minority vs. self-loathing minority mayoral race headlines, Vallejo is now making national news by becoming California's largest city to file for bankruptcy. On Tuesday night, it seems, city
SF News ATA's Bankruptcy To Affect Southwest Customers Indianapolis-based ATA Airlines filed for bankruptcy last night "after it lost a key military charter contract amid skyrocketing fuel prices." This prompted the now-defunct airline to stop all service today, stranding thousands of
misc HIV/AIDS Group to Score Your Black Muslim Bakery Property Your Black Muslim Bakery -- the prominent and notorious Oakland setting featured in many a Chauncey Bailey story -- will probably be sold today to Vital Life Services, a nondenominational "nonprofit serving people
