San Francisco Chronicle // Some investors have reacted angrily to Facebook's debut as a public company, accusing the social networking giant of failing to reveal pertinent financial information in advance of its IPO. Several media outlets have claimed that Facebook gave banks information that would provide unfair advantage over other investors, prompting lawsuits and government inquiries...
(SF Chronicle) // After a one-hour stand-off, a suspect in a Rohnert Park murder case was killed by police in the Tenderloin district of San Francisco. After firing numerous shots and setting fires in an apartment on Post Street, the gunman was shot dead at around 10 p.m....
California Watch // The Federal Election Committee recently passed a proposal to let consumers trade in loyalty program points for donations to their preferred political candidate. Now, regulators are reviewing Repledge.com, which would would make Republican and Democratic donations made through the Repledge system cancel each other out, redirecting the money to charities...
(SF Gate) // Protestors vandalized cars and more than 30 businesses last night in the Mission district. The protestors were part of a group that marched from Dolores Park and traveled down 18th Street and onto Valencia, where they smashed windows and threw paint and eggs onto buildings and hoods of parked cars...
(Contra Costa Times) // Philip Morris and R.J. Reynolds, two power players in the tobacco industry, have donated more than tens of millions of dollars to defeat Proposition 29, a new tobacco tax on the June ballot. Prop 29 would increase taxes on a pack of cigarettes by $1 to $1.87, which would generate approximately $735 million annually that would mostly fund cancer research...