Reporter, California and San Francisco Bay Area politics and economics

Vote on Record Business Tax May Make Oregon a Liberal Test Case

bloomberg.com — Oregon voters in November will consider the largest U.S. corporate tax increase in this millennium, a decision that may make the state a proving ground for the liberal belief that businesses are getting a free ride. The measure would levy a 2.5 percent tax on in-state gross sales of more than $25 million.

Runaway Home Prices Ebb in U.S. West as Weary Buyers Push Back

nreionline.com — (Bloomberg)-The red-hot growth in home prices across the U.S. West is starting to slow in some cities as sticker shock and low inventory put off weary buyers. Denver, Los Angeles and Austin, Texas, have seen gains in real estate values moderate after years of double-digit increases, according to Zillow.

Buyers Don't Want to Pay So Much For Homes In Western U.S. Cities Anymore

bloomberg.com — The red-hot growth in home prices across the U.S. West is starting to slow in some cities as sticker shock and low inventory put off weary buyers. Denver, Los Angeles and Austin, Texas, have seen gains in real estate values moderate after years of double-digit increases, according to Zillow.

Bloomberg Briefs

newsletters.briefs.bloomberg.com — This newsletter and its contents may not be forwarded or redistributed without the prior consent of Bloomberg. Please contact our reprints and permissions group listed above for more information. Bloomberg believes the information herein came from reliable sources, but does not guarantee its accuracy. © 2016 Bloomberg LP. All rights reserved.

Big Tobacco Spend Millions In Battle To Avoid California Cigarette Tax Increase

bloomberg.com — Reynolds American Inc., Altria Group Inc. and other tobacco companies are steering millions of dollars to defeating a $2 cigarette-tax increase in California, a high-stakes effort and the third such fight in a decade in the most populous U.S. state.

California Obamacare Sign-Ups Exceed 28,000 in First Week

bloomberg.com — California said 28,699 people were signed up in the state's health-insurance exchange in the first week, while New York had more than 40,000 sign up. The numbers for California, the largest U.S. state by population, were for the Oct. 1 to Oct. 5 period and exceeded expectations, Peter V.

Techies Priced Out of Palo Alto as Studios List for $1.3 Million

San Francisco Housing Frenzy Shifts Across the Bay to Oakland

bloomberg.com — Stacey Smith and her husband looked at about three dozen homes in the San Francisco Bay area and lost a bidding war before finally purchasing a four-bedroom house in June for $1.5 million -- 40 percent more than the asking price. Their search wasn't in Silicon Valley or San Francisco.

Twitter seeks to sublease part of San Francisco HQ

sltrib.com — Subleasing is becoming more prevalent in San Francisco as venture-capital investments decline and tech firms slow their hiring from a breakneck pace. While the city's overall office market remains strong, extra space is a warning sign that some companies overestimated their growth rate and are being forced to scale back.

Twitter Seeks to Sublease Part of San Francisco Headquarters

nreionline.com — (Bloomberg)-Twitter Inc. is offering about a quarter of the space at its San Francisco headquarters complex for sublease, adding to a growing amount of excess offices available in the city as the technology industry cools.
More Articles →
Sep 29, 2016

Oregon voters in November will consider the largest U.S. corporate tax increase in this millennium  http://bloom.bg/2d7qwot  via @bpolitics

Sep 28, 2016

House price growth across Western U.S. cities is slowing down because buyers are put off by high pri...  http://bloom.bg/2cUTN3H  via @markets

Sep 09, 2016

Big tobacco companies are spending millions to defeat a $2 cigarette-tax increase in California  http://bloom.bg/2cuos9A  via @business

Aug 31, 2016

Louisiana Ports Awash in ‘Dead Iron’ as Oil Manufacturing Drops  http://bloom.bg/2bQxs6T  via @markets

Aug 30, 2016

Techies Priced Out of Palo Alto as Studios List for $1.3 Million  http://bloom.bg/2bOgp9S  via @markets

Aug 23, 2016

San Francisco Housing Frenzy Shifts Across the Bay to Oakland  http://bloom.bg/2c1NG26  via @business

Aug 05, 2016

San Francisco Tech Surge Boosts Costs in High-End Building Boom  http://bloom.bg/2amWded  via @markets

Jul 20, 2016

Silicon Valley’s powerful steer cash to death penalty repeal bid  http://bloom.bg/29UBv3q  via @bpolitics

Jun 29, 2016

San Francisco landlords gird for slowdown as startup frenzy ebbs  http://bloom.bg/2924WgO  via @bpolitics


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