The leader of Sacramento’s regional effort to recruit companies like Apple Inc. and Amazon.com Inc. to locate major operations here says California has a weak competitive hand compared with other states.
. . . “What we need is a state economic development program to be able to compete for this,” Broome said of the competition for the new Apple campus. “We need more than Cal Competes to compete for business.”
Amazon com Inc. on Thursday announced a short list of 20 metropolitan areas for its planned second headquarters, kicking off an intense final selection in the contest for the tech giant’s investment and jobs.
The finalists, chosen from among 238 places that applied in October, included New York, Boston and Chicago, all big cities with convenient access to airports, robust tech talent and sufficient mass transportation.
Mayor Lee Brand came into office with a promise to make Fresno more business friendly.
On Wednesday, he announced his latest initiative to achieve that goal, the formation of a 19-member committee to look at the processes the city uses to issue construction permits, review plans and suggest ways to improve them. “My goal is to make Fresno the most business-friendly city in the state of California and the United States, and business friendly for every size of industry — from mom and pop [stores] to Amazon,” Brand said during a City Hall press conference this Thursday morning.
A pair of California lawmakers wants to claw back some of steep tax cuts that corporations will receive under the federal tax overhaul signed last month by President Donald Trump.
Democratic Assemblymen Kevin McCarty of Sacramento and Phil Ting of San Francisco announced Thursday that they will pursue a constitutional amendment to add a surcharge on large companies that do business in California, potentially raising billions of dollars to expand social services for Californians.
Five San Francisco supervisors joined forces Tuesday to put a measure on the June 5 ballot that would raise about $100 million a year to pay for 10,000 low- and middle-income housing units and shelter accommodations for the city’s homeless population over the next decade.
The ballot measure, dubbed “Housing for All,” asks voters to raise the tax levied on commercial property owners to 2 percent, a 1.7 percent increase. There would be some exemptions for spaces rented to nonprofits and retailers, including an offset for property owners bringing in less than $1 million per year in rent payments.