Local companies

Wells Fargo to offset 40% of energy consumption

Wells Fargo & Company (WFC) said in a statement that it will offset 40 percent of its energy consumption by purchasing renewable energy certificates to support generating 550 million kilowatt-hours of clean, renewable wind energy a year for three years. The action makes Wells Fargo becomes the largest corporate purchaser of renewable energy in the United States according to the U.S. Environmental Protection Agency, the company said. The nonprofit Center for Resource Solutionsverifies the certificates. The purchase, which supports wind power, will help develop renewable energy and prevent the emission of 380,000 tons of carbon dioxide each year.

Safeway buys remainder of GroceryWorks

Supermarket giant Safeway (SWY) has purchased the remaining 43.8 percent of GroceryWorks it did not already own, making the online-shopping and home-delivery business a wholly-owned subsidiary. The company operates Safeway.com in the San Francisco Bay Area, and also operates VONS.com throughout Southern California and Las Vegas, Nevada.

Union Bank grants $685K for low-cost housing

The Union Bank of California Foundation announced the beneficiaries of its “Cornerstone Awards,” a $685,000 grant program founded in 2002 to fund emerging nonprofit housing developers in California. Theprogram provides flexible operating grants and funding for technical assistance to up-and-coming affordable homebuilders. Community Housing Partnership in San Francisco, Wakeland Housing and Development Corporation in San Diego and Rancho Housing Alliance in Coachella will each receive $195,000 over a three-year period to complete new affordable housing developments in their local areas.

businessBusiness & Real Estate

Just Posted

Salesforce Tower and several other buildings in downtown San Francisco can be seen through the fog; climate scientists report that The City’s beloved mascot may be on the decline. (Courtesy Engel Ching)
Is San Francisco losing its fog? Scientists fear the worst

This isn’t just an identity crisis for San Franciscans. It’s an ecological problem

The Bay Area is vying to be one of 16 communities,<ins> spread across the U.S., Canada and Mexico,</ins> to host the 2026 FIFA World Cup soccer championships. Games would be played at Levi’s Stadium in Santa Clara. (Courtesy Bay Area Host Committee, World Cup 2026)
Bay Area launches bid to host World Cup games in 2026

FIFA officials pay San Francisco a visit as they tour prospective venues

San Francisco City Administrator Carmen Chu, who took office in February, is in the process of restructuring the sprawling department. (Sebastian Miño-Bucheli/Special to The Examiner)
Report knocks city administrator for inefficiency, lack of transparency

‘A culture that allows corruption to take place’

Outside Lands boasts high-quality food and drink from dozens of purveyors, and many are local.<ins> (Courtesy Outside Lands)</ins>
Outside Lands is for food lovers

85 food vendors, 40 wineries, 30 breweries make the festival nourishing to gluttonous

California Highway Patrol officers watch as Caltrans workers remove barricades from homeless camp sites as residents are forced to relocate from a parking lot underneath Interstate 80 on Monday, May 17, 2021. (Kevin N. Hume/S.F. Examiner)
San Francisco’s broken promise to resolve homeless encampments

‘There is an idea that The City is leading with services, and they are not’

Most Read