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

Shared Spaces program up for two-year extension by Board of Supervisors

Renewal fees for certain outdoor commercial activities could be waived

Newsom orders 2035 phaseout of gas-powered vehicles, calls for fracking ban

By Phil Willon, Tony Barboza Los Angeles Times Emphasizing that California must… Continue reading

Supes seek answers after Human Resources manager accused of forgery

Black employees group blames incident on department leadership

Emergency transit-only lanes on Geary could help ease crowding on buses

SFMTA proposal intended to help commuting essential workers

Port Commission backs 850-unit development plan for Piers 30-32

Critics argue project may require voter approval under Prop. B

Most Read