Business briefs: Carl Icahn and Motorola

The billionaire financier may not have succeeded in his fierce campaign to land a seat on Motorola Inc.’s board, but Icahn said he plans to retain his 2.9 percent stake in the world’s No. 2 cell-phone company and hasn’t ruled out another board bid next year. Icahn, a vocal critic of the board, announced his campaign in January, saying he wanted to increase the company’s debt level.

THE EURO ZONE

The euro is rising, unemployment is falling and the economy of the 13 EU nations that use the common currency is keeping pace with last year, in contrast with the United States, where growth is slowing and the dollar keeps falling. As Europe’s economy has chugged along, a string of rate increases by the European Central Bank has helped keep inflation in check.

businessBusiness & Real Estate

Just Posted

San Francisco Giants manager Gabe Kapler, pictured in July at Oracle Park, says team members simultaneously can be “measured and calm” and “looking to push the accelerator.” (Chris Victorio/Special to The Examiner)
How Gabe Kapler sets the tone for Giants’ success with strategy, mindset

‘There’s no doubt in my mind that he’s the hands-down manager of the year’

Artist Agnieszka Pilat, pictured with Spot the Robot Dog from Boston Robotics, has a gallery show opening at Modernism. (Courtesy Agnieszka Pilat)
Screenshots of VCs, Kanye and tech parties by the Bay

In this week’s roundup, Ben Horowitz’s surprising hip-hop knowledge and the chic tech crowd at Shack15

If he secured a full term in the Senate, Newsom would become the most powerful Californian Democrat since Phil Burton at the height of his career, or maybe ever. <ins>(Kevin Hume/The Examiner)</ins>
Firefighters extinguish burning material near Lake Tahoe on Sept. 3 in the wake of the Caldor Fire; environmental scientists say the huge fire is bringing to light deficiencies in forest management. <ins>(Max Whittaker/New York Times)</ins>
Cal Fire, timber industry must face an inconvenient truth

We are logging further into the wildfire and climate crisis

Speaker of the Parliament of Mongolia Gombojav Zandanshatar said his country and San Francisco face similar challenges on issues including COVID recovery and climate change.<ins> (Kevin N. Hume/The Examiner)</ins>
Mongolian leaders meet with tech, film leaders on city tour

‘I really want San Franciscans to meet the new Mongolian generation’

Most Read