2 North Bay Business Journal MONDAY, AUGUST 21, 2023

In this issue...
What to know this week Big stories inside
Retail sales Apple sales drop CYBERATTACK
Spending at U.S. retailers rose in Apple revenue dropped 1% to
July faster than in the prior month, $81.8 billion for the second
a combination of strong demand quarter, the third such year-over-
among consumers and higher year drop in quarterly revenue for
prices because of inflation. the company.
(CNNBusiness) (CNNBusiness)

Consumer prices Wildfire cost

Nowadays, Americans spend AccuWeather says preliminary
$709 more per month on costs of the Hawaii wildfires in
everyday goods and services than damage and economic loss is A ransomware attack prevents thousands of real estate
agents from adding or updating property information .... Page 3
they did two years ago. between $8 billion and $10 billion.
(Moody’s Analytics)
(MarketWatch)
SNIFFSPOT

Big number Who’s Saying What?

$7.3B
Amount U.S. Steel Corp.
“It reminds me of the ‘Barbie’ movie. We live in
this society where women control the majority
of consumer spending. They make the decisions
rejected in a takeover offer
from Ohio-based Cleveland-
Cliffs Inc.
and yet we still haven’t moved forward.”
(Reuters) KIMBERLY LEE MINOR, Bumbershoot CEO on retailers Gap, Stitch Fix, Victoria’s Se-
cret and Kohl’s recently appointing men to chief executive jobs once held by women.

App allows pet owners to rent backyards and open spaces

where they can take their dogs to romp off-leash ........ Page 17
NORTH BAY
Interactive Editor and Reporter (Wine, Designer:
Construction and Real Estate):
Denise Szott

Business Jeff Quackenbush

707-521-4256
jquackenbush@busjrnl.com
denise.szott@pressdemocrat.com RENT PRICES

Journal
Business Reporter, The Press Democrat:
Sara Edwards
Reporter (Tourism, Hospitality,
Health Care and Employment):
sara.edwards@
Cheryl Sarfaty pressdemocrat.com
416 B St., Santa Rosa, CA 95401 707-521-4259
707-521-5270 • Fax: 707-521-5292 cheryl.sarfaty@busjrnl.com Advertising
E-mail: news@busjrnl.com
NorthBayBusinessJournal.com Reporter (Law, Cannabis, Agriculture, Account Executives:
Banking and Finance):
Susan Wood Nathan Lee
Publisher:
530-545-8652 707-521-5443
Lorez Bailey
707-526-8674 susan.wood@busjrnl.com nathan.lee@busjrnl.com
lorez.bailey@busjrnl.com List Researcher:
Jeff Braia
Editor: Michelle Fox
707.521.5339
Allison Gibson 707-526-8682
michelle.fox@busjrnl.com jeffrey.braia@pressdemocrat.com
707-521-5207 Monthly rents increase sharply after renter protections
allison.gibson@pressdemocrat.com expire, and buying a home is too expensive for many ... Page 6