Chevron shares rise amid energy rally
San Ramon-based Chevron was among the major energy companies that posted strong gains Friday on the heels of positive economic reports from China and Germany.
Chevron climbed 1.3 percent, or $1.37 a share, and finished at $105.47.
Among other U.S.-based oil companies with refineries in the Bay Area, ConocoPhillips rose 1.1 percent, Valero Energy jumped 3 percent and Tesoro gained 1.9 percent.
A preliminary report on Chinese manufacturing activity hinted at expansion in November. If so, that would mark the first growth for manufacturing in China in about a year.
Oakland restaurants offer a loyalty card
Patrons of 26 Oakland restaurants will be able to use a restaurant loyalty debit card created by a group of technology entrepreneurs.
Emeryville-based Marqeta developed the Explore Oakland! loyalty card. The card provides 25 percent cash bonuses when used at the restaurants. Customers have to preselect the restaurant and pre-load the card with cash before use.
Marqeta offers a software system that connects businesses with their customers, employees, fans and supporters.
Ozumo, Pecan, Tamarindo, Bittersweet Café, Barlata Tapas Bar, Le Cheval, Souley Vegan and Kitchen 388 are among the restaurants participating.
Bridgelux names new finance chief
Lester has more than 25 years in corporate finance. He joined Bridgelux in 2010. In addition to his role as finance chief, Lester also is vice president of operations at the privately held green technology company.
Before joining Bridgelux, Lester held finance and other executive posts at eSilicon, Philips Lumileds Lighting and Cost Plus World Market. He also had a stints with Household Finance and Coopers & Lybrand.