City
The Omidyar Network will spend $30 million over three years to support global entrepreneurship, especially in India and sub-Saharan Africa. 5 hours ago | Business Times |  
Bank of America Corp. will pay $425 million to the U.S. Treasury Department to terminate an agreement under which the government would guarantee up to $118 billion in toxic assets... September 22, 2009 | Business Times |  
At a speech Monday night in San Jose, Oracle Corp. boss Larry Ellison said Sun Microsystems, which his business hopes to buy, is losing $100 million per month. (ORCL) (JAVA) September 22, 2009 | Business Times |  
Solar power business Sungevity Inc. raised $6 million in its second round of venture funding. (GPS) (AAPL) (ORCL) September 22, 2009 | Business Times |  
In its second round of venture funding, Vuclip raised $6 million. September 22, 2009 | Business Times |  
The Securities and Exchange Commission will “vigorously pursue” Bank of America Corp. in court with allegations that the bank misled shareholders when it prepared to purchase... September 22, 2009 | Business Times |  
Two researchers at the University of California, Berkeley, have won MacArthur “genius” fellowships. (MSFT) September 22, 2009 | Business Times |  
BrightSource Energy Inc. has reached an agreement with Nevada’s Coyote Springs Land Company, to expand the acreage of land on which it will build solar thermal power plants. Under... September 22, 2009 | Business Times |  
Electronic Arts Inc. stock jumped Wednesday on a rumor that Microsoft Corp. might try to buy it. (ERTS) (MSFT) 6 hours ago | Business Times |  
Avastin, the cancer drug at center stage of Roche’s takeover earlier this year of South San Francisco’s Genentech, failed in a Phase II study against malignant melanoma but did... 6 hours ago | Business Times |  
After 12 years of work, Oakland’s port has completed a $432 million dredging project that will allow the facility to dock the world’s largest cargo ships. 7 hours ago | Business Times |  
Wells Fargo said Wednesday that it will change overdraft practices for Wells Fargo and Wachovia customers. (SBUX) (BAC) (JPM) (WFC) 7 hours ago | Business Times |  
Retailers shouldn’t expect a particularly jolly holiday season. 8 hours ago | Business Times |  
An early-stage oral metastatic melanoma treatment from Plexxikon Inc. has reduced tumor size in 70 percent of patients, and the Berkeley company and partner Roche said larger... 9 hours ago | Business Times |  
Kohl’s will open 35 new stores in former Mervyn’s locations at the end of the month. 9 hours ago | Business Times |