Business briefs: British bank laws

Britain’s first run on a bank in almost a century has prompted the government to take a lead from the U.S. response to the Great Depression and promise laws that will guarantee savings should a bank collapse. New laws will be introduced in Parliament next year to extend protections to bank depositors, though critics say it is a knee-jerk political decision.

JAMMIE THOMAS

The woman from Brainerd, Minn., facing a $222,000 music-sharing verdict asked a judge on Monday to overturn it. Jurors found Thomas violated six record companies’ copyrights by offering 24 songs over the Kazaa file-sharing network. Thomas’ attorney argued that the songs could have been bought for $24, making the verdict disproportionate and punitive.

Just Posted

SF officials demand faster action on street safety amid rise in traffic deaths

‘What the heck are we waiting for?’ says Board of Supervisors President Norman Yee

Report finds disparities in PG&E power shutoffs among SF customers

Bayview-Hunters Point has highest rate of PG&E disconnections for nonpayment

City to double rate of bike rack installation

Bike racks are about to spring up across The City like wildflowers.… Continue reading

School district leaders want to keep cops off campus

SFUSD renegotiating agreement with police on handling of incidents involving students

Large fire displaces residents in Castro District

A large fire in San Francisco’s Castro District Saturday morning injured two… Continue reading

Most Read