Jasper Therapeutics' valuation falls to $53 million following drug development errors and layoffs; focuses on chronic hives treatment after halting other research.

Figma, a design software firm, has filed for an IPO with the SEC and plans to list on the NYSE under "FIG." The company, once eyed by Adobe for acquisition, reports $749 million in 2024 revenue but faces losses, mainly from stock-based compensation.

The Berkeley Flea Market closed after 50 years due to financial difficulties and a decreasing number of vendors, despite looking for options to continue.

Google has signed a deal with Commonwealth Fusion Systems to purchase 200 megawatts of fusion energy from the future ARC plant in Virginia, with Google also increasing investment in CFS.

Public Land SF, a new store rooted in ecological literacy and slow commerce, celebrated its grand opening in San Francisco's Inner Richmond neighborhood on June 21st.

A new Thai massage business will soon open at 4141 18th Street (between Castro and Collingwood streets), formerly the novelty and adult product shop Does Your Mother Know.

Central Drug Store in San Francisco's Excelsior is closing after 116 years. Owner Jerry Tonelli is retiring, ending the store's multi-generational service to the community.

Oakland Airport's Terminal 1 has opened three new retail stores, Roll East, Oakland Supply Co., and Lake Merritt Essentials, as part of its retail program expansion.

Here's a brief roundup of recent changes to Castro area businesses. In this edition, a plant shop shutters, a small group fitness studio expands, and a restaurant adjusts its hours.

Genentech announced a third round of layoffs, affecting 143 jobs, as part of its strategic workforce adjustments, amid broader job cuts across various sectors in Northern California.

A psychologist sues Costco for $14 million, claiming a display fell on her causing severe injuries, including a traumatic brain injury. The lawsuit alleges negligence and seeks damages for pain, suffering, and economic losses.

Six Flags, post-merger with Cedar Fair, confirms 135 job cuts in California parks due to a $220 million net loss, while planning a $1 billion investment in its parks.

Japan Video, a cultural staple in San Francisco's Japantown for over 38 years, is closing down in May. The store was known for its Japanese and Korean video collection and anime merchandise.