Business briefs: Daimler to change name

When Daimler moved to sell its money-losing Chrysler Group and unwind the $36 billion deal that created the company in 1998, automaker DaimlerChrysler AG fought to hold on to the brand identity it carefully nurtured for the greater part of a century. On Thursday, the Stuttgart-based automaker confirmed that it would, with the permission of Ford Motor Co., become known as Daimler AG.

JOBLESS CLAIMS

Fewer people signed up for jobless benefits last week, an encouraging sign that most businesses aren’t resorting to big layoffs amid a housing slump and the painful credit crunch. The Labor Department reported Thursday that new applications filed for unemployment insurance dipped by 2,000 for the week ending Aug. 18. It marked the first drop in new claims in roughly a month.

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/
Previous story
Business briefs: India and Japan
Next story
Scientists deliver sobering news in 'The 11th Hour'

Just Posted

Lowell High School is considered an academically elite public school. (Kevin N. Hume/S.F. Examiner)
Students denounce ‘rampant, unchecked racism’ at Lowell after slurs flood anti-racism lesson

A lesson on anti-racism at Lowell High School on Wednesday was bombarded… Continue reading

Scooter companies have expanded their distribution in neighborhoods such as the Richmond and Sunset districts. (Kevin N. Hume/S.F. Examiner)
SFMTA board signs off on changes to scooter permit program

Companies will gete longer permits, but higher stakes

A health care worker receives the Moderna COVID-19 vaccine. (Go Nakamura/Getty Images/TNS)
City sets ambitious goal to vaccinate residents by June

Limited supply slows distribution of doses as health officials seek to expand access

U.S. President-elect Joe Biden and Jill Biden arrive at Biden's inauguration on the West Front of the U.S. Capitol on January 20, 2021, in Washington, DC. (Win McNamee/Getty Images/TNS)
Joe Biden issues call for ‘unity’ amidst extreme partisan rancor

‘I will be a president for all Americans,’ he says in inauguration speech

MARIETTA, GA - NOVEMBER 15: Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia taps elbows during a rally for supporters on November 15, 2020 in Marietta, Georgia. Both become senators Wednesday. (Jenny Jarvie/Los Angeles Times/TNS)
Vice President Harris swears in senators Padilla, Warnock, Ossoff

New Democratic senators tip balance of power in upper legislative house

Most Read