State governments can benefit Opens a New Window. greatly from an influx of movers – enjoying everything from increased tax Opens a New Window. revenues to new business activity. Recently, changes to the U.S. tax code have encouraged an increasing number of people to move – taking their cash to lower-tax states like Florida. As […]
President Trump raised the possibility that trade talks with China could break off again, sending stocks lower. In comments to reporters Friday, Mr. Trump indicated the U.S. was prepared for Beijing to back out of talks, which were tentatively set to take place in Washington next month. “We’ll see whether or not we keep our […]
Dean Fealk, 46, of Piedmont, has been appointed to the California Workforce Development Board. Fealk has been partner and co-chair of the international labor and employment practice at DLA Piper since 2007 and general counsel, honorary chair and co-founder at the Halifax International Security Forum since 2011. He was an advisor on the Europe and […]
Summer is here and the electronic hum of scooters is filling city sidewalks all over the world. From L.A. to D.C., many American downtowns have hit their one-year anniversary with scooters, and European capitals have begun to allow them. The benefit is obvious: Scooters provide on-demand, affordable mobility to any able-bodied smartphone user. As the […]
Is the cleanest, greenest electricity in the world green enough for California? For years, the people of the Northern San Joaquin Valley have been trying to get hydropower recognized for what it is: the original source of clean electricity. Our efforts have been stymied by people who feel entitled to decide what is, or isn’t, […]
California’s housing shortage is nowhere as big as you think. In an age where statistics can be weaponized, pro-development types will toss out the biggest shortfall guestimate they can find to make their point: Only more construction will prune California’s high cost-of-living. Conversely, those who prefer slower growth will quote more modest shortage estimates — […]
The average BART rider may not know the term “transit-oriented development,” but when trains enter Oakland’s MacArthur Station, they see it face-to-face. A seven-story building with lime-green accents covers land that five years ago held parking lots. It’s part of a 385-unit apartment complex being marketed as “sleek and modern with a retro vibe … […]
It’s been almost two years since Bill Gates announced a major shift to locally driven solutions in the education funding strategy of the Bill and Melinda Gates Foundation, the nation’s largest charitable foundation. Gates said he remains “driven by the same guiding principle we started with: all students — but especially low-income students and students […]
California lawmakers are considering whether to place an $8 billion general obligation bond measure on the March 2020 ballot. If approved by voters, the measure would let the University of California and the California State University system improve the seismic safety of their buildings and expand their physical capacity to serve thousands more California students. […]
Two groups of multibillion-dollar hedge funds are fighting over control of PG&E Corp. in a battle with huge implications for California’s largest electric utility and the thousands of wildfire victims who hold claims against the bankrupt company. What had been a quiet tug-of-war turned into a hostile takeover battle late Wednesday. PG&E’s major bondholders, in […]
The fight to kick natural gas out of homes and businesses is intensifying. In a vote late Tuesday, Berkeley — the city near San Francisco long known for its progressive politics — banned the use of the heating fuel in most new buildings. Environmentalists are hailing it as the first city to enact such a […]
Airbnb, long a flash point for controversy in its hometown, has achieved detente with San Francisco at the cost of slower growth — while pursuing other expansions that could stir new issues. San Francisco is not alone in reining in Airbnb. Cities from South Lake Tahoe to New York to Paris are cracking down on […]
The House of Representatives passed a bill Thursday that would more than double the federal minimum wage to $15 by 2025. The bill, which passed by a 231-199 margin, was sponsored by Rep. Bobby Scott (D., Va.) and was a compromise that progressive Democrats struck with more centrist members of the party. It is unlikely […]
The price of oil rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a lot of the world’s oil is shipped through. Stock markets were largely stable as investors monitor earnings and the ongoing trade talks between China and the U.S. Energy prices were ratcheted higher […]
When Michele Beserra looks at her 3-year-old granddaughter, she sees a warm, loving girl with light brown curls and a nurturing instinct—the kind of person she hopes will become a nurse or a community advocate. But the 56-year-old Beserra becomes emotional when she thinks about her granddaughter’s new home: a tent on a plot of […]