Santa Clara Chip Titan Hit With $252 Million China Export Penalty
Applied Materials agreed to a $252.5M BIS settlement that forces audits and keeps export privileges on a three‑year leash. The ruling reshapes routing strategies for chip tools.
Westminster Lotto Slip Snags $600K As Fantasy 5 Nears $1M Statewide
Twelve California Fantasy 5 tickets paid $992,456 this week, topped by a $605,089 Westminster win. Here’s where the winning tickets were sold and how to claim.
Highwire Coffee Plots East Bay Takeover From Emeryville HQ
Oakland-born Highwire Coffee plans to expand across the East Bay, prioritizing sites near its Emeryville roastery to keep beans fresh and local. The company says it will infill neighborhoods rather than leap to distant markets.
Tourists Splash $14.2 Billion In San Francisco Even As Foreign Cash Dries Up
San Francisco’s visitor spending rose to $14.2 billion in 2025 even as international dollars fell by $1 billion, according to Visit California and Dean Runyan analysis. The recovery is uneven and still driven by domestic demand.
Cupertino Power Shuffle: Apple Taps Hardware Chief John Ternus As Next CEO As Cook Moves Upstairs
Apple announced a planned leadership handoff: John Ternus will become CEO on Sept. 1, 2026, while Tim Cook moves to executive chairman and stays through the summer. The board approved the transition unanimously.
Deloitte Slashes Perks for Bay Area Back-Office Staff
Deloitte will cut PTO, halve paid parental leave and remove a $50,000 family‑building reimbursement for employees in its “Center” support model, effective Jan. 1, 2027. The move is part of a broader talent overhaul and has drawn worker pushback.












