9:15 a.m. Stanford president offers details on financial losses: Stanford president Marc Tessier-Lavigne said the school projects it will lose $267 million because of the COVID-19 crisis from March 1 through Aug. 31, which marks the end the 2020 fiscal year. Tessier-Lavigne, in a letter to the university community, said he “expects our financial challenges to be as great or even greater” in the next fiscal year. He cited reduced housing revenue, limited income-producing programs and increased expenses, such as student financial aid. Tessier-Lavigne pledged to pay university employees through Aug. 31, but he also said workforce reductions will be “unavoidable” to start the new fiscal year on Sept. 1. … [Read more...] about Coronavirus live updates: Breed calls SF reopening plan ‘too conservative’
London breed
San Francisco’s Hakkasan will close permanently
The 11 other locations will reopen when it's safe to do so in their markets, and the group is still planning on future openings. … [Read more...] about San Francisco’s Hakkasan will close permanently
It cost $7 million to build Hakkasan. Now coronavirus has closed S.F. restaurant for good
Bay Area shelter-in-place restrictions have made it challenging to survive, and fears about when people will be ready to return to dining rooms have caused a number of local restaurants to call it quits. On Thursday, San Francisco Mayor London Breed announced restaurants will be able to start serving diners outdoors on June 15, but dine-in options won’t resume until July at the earliest. … [Read more...] about It cost $7 million to build Hakkasan. Now coronavirus has closed S.F. restaurant for good
Bay Area bars and breweries work to weather the pandemic
“I was really emotional about [it] the first several weeks, like, what can I do? How do we not let anybody down?” Coyle told me last week. “How are we going to do this? We gotta make sure everybody is comfortable working, and have safety measures in place. We’re sending people out into those environments, but we have an obligation to support breweries, because they have supported us. This is the time to pull out all the stops to do what we can.” … [Read more...] about Bay Area bars and breweries work to weather the pandemic
SF’s big buildings to take big step in reducing city’s emissions
Despite escalating warnings that time is running out for the world to stave off catastrophic, irreversible effects of climate change — brought on by the burning of fossil fuels — America’s consumption of oil and gas is growing. A recent report from the U.S. Energy Information Administration indicated that the country’s consumption of fossil fuels rose 4% from 2017 to 2018, the largest such jump in eight years. … [Read more...] about SF’s big buildings to take big step in reducing city’s emissions
