Business briefs: 3M cuts prices

3M, the maker of Scotch tape and Post-it Notes, gave in to competitive pressure and said it would cut prices on its profitable films for LCD television screens. The news sent 3M Co. (MMM) shares down more than 8 percent. 3M has invested heavily in new plants to make the LCD films, which once carried profit margins around 30 percent.

Cammie Dunaway

Yahoo Inc.’s (YHOO) chief marketing officer is leaving the company in two weeks, joining a management exodus that has unfolded as the Internet icon struggles to snap out of a financial funk. The company didn’t give a reason for Dunaway’s departure in a statement. Dunaway, who joined Yahoo in 2003, had been the company’s head of customer experience as well as chief marketing officer.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Mayor London Breed said Tuesday that with other counties moving ahead with expanding vaccine eligibility “we want San Franciscans to have the same opportunity.” (Kevin N. Hume/S.F. Examiner)
Everyone in SF ages 16 and up is now eligible for the COVID-19 vaccine

San Francisco expanded eligibility for the COVID-19 vaccine Tuesday to everyone ages… Continue reading

San Francisco Park Rangers have seen their budget and staffing levels increase significantly since 2014. (Kevin N. Hume/S.F. Examiner)
Citations for being in SF’s public parks after midnight soar

Data shows disproportionate impact on Black residents

Parents and students line up socially distanced before the first day of in-person learning at Bret Harte Elementary School on Monday, April 12, 2021. (Kevin N. Hume/S.F. Examiner)
‘It’s a beautiful sight’: The first students return to the classroom

San Francisco’s youngest public school students stepped into classrooms for in-person learning… Continue reading

File
Latest Breed nominee for Police Commission moves forward

Immigration attorney Jim Byrne clears Board of Supervisors committee

A rally at Golden Gate Park on Sunday April 11 drew a large crowd in support of calls to keep JFK Drive closed to traffic. (Emily Huston/Special to the S.F. Examiner)
Hundreds rally for “JFK Thrive,” not JFK Drive

By Emily Huston More than two hundred gathered on a warm Sunday… Continue reading

Most Read