Word: francisco
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Dates: during 1990-1999
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...Yeah, It's really good. I mean, we sold out in San Francisco, Los Angeles, Seattle was nearly full, New York was about 800, I think, out of a capacity of a thousand...
Consider the turmoil at ATMs in San Francisco and Santa Monica, Calif., which became the first U.S. cities to ban bank ATM surcharges. Megabanks Wells Fargo and Bank of America fired back by closing their ATMs to nondepositors in Santa Monica and threatening to do the same in San Francisco when its law takes effect in December--all of which made cardholders even angrier. A federal judge sided with the banks by blocking the anti-fee laws until a full trial can determine their constitutionality. Says Santa Monica council member Michael Feinstein: "The electorate's response to the ordinance...
Bankers justify the charges by noting that most banks provide ATMs free to their own customers and thus must find some other way to recover the cost of deploying the machines. "In San Francisco," says Bank of America spokesman Peter Magnani, "there is no charge 80% of the time when someone puts a card in a B. of A. machine." Moreover, he says, the cost of the transaction is just a small part of the bank's expenses, which include purchasing, installing and maintaining the machines as well as paying rent at nonbank locations. "Banks are being singled...
Like many new high-tech firms, both were growing fast--but not fast enough to keep up with the demands of their customers. Personify, founded in San Francisco in 1996, builds software that lets an e-marketer keep track of visitors to its website, what pages they look at, and how long they take to pick out something or go elsewhere. By last summer it had signed up 50 clients that were paying Personify about $6.2 million--and demanding more and different kinds of services than the company's 60 employees could supply. CEO Eileen Gittins decided the best...
...Reported by William Dowell/New York, Marc Hequet/St. Paul, Hilary Hylton/Austin and Susan Kuchinskas/San Francisco...