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Silicon Valley
Bloomberg @ Silicon Valley · 07/02/2025 13:19 EDT

16 key provisions in Trump’s tax bill that passed the Senate

Businesses benefit from Senate changes that would make permanent a series of breaks that had been offered only temporarily in a House version, as well as a more generous break for companies in high-tax states. Read more â€ș

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Silicon Valley
Bay Area News Group @ Silicon Valley · 07/02/2025 12:18 EDT

Correction: Intuit conducted layoffs in 2024, no WARN notices in 2025

A story published July 1, 2025, incorrectly reported that Intuit had issued a WARN notice in July 2025 and that it would conduct layoffs in September 2025. The WARN notice and layoffs actually occurred in 2024 and were initially reported in our July 11, 2024, article. As of today, Intuit has not released any WARN notices in 2025. Read more â€ș

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Silicon Valley
Bloomberg @ Silicon Valley · 07/02/2025 12:08 EDT

California is running out of safe places to build homes due to fires, rising Seas

California, gripped by a housing shortage that is forcing families from the state, wants to build 2.5 million homes. But it's running out of safe places to put them. Read more â€ș

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Silicon Valley
Bloomberg @ Silicon Valley · 07/02/2025 12:07 EDT

Rivian limits EV output to avoid excess of outgoing models

Rivian Automotive Inc. produced about half as many electric vehicles as Wall Street expected in the second quarter prior to the launch of 2026 model year vehicles later this month. Read more â€ș

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Silicon Valley
Bloomberg @ Silicon Valley · 07/02/2025 12:05 EDT

Apple, Alphabet and Tesla are holding the S&P 500 rally back

Investors may be tempted to imagine how much higher the S&P 500 Index would be if three of its most influential stocks weren't lagging behind. Read more â€ș

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Silicon Valley
Bloomberg @ Silicon Valley · 07/02/2025 12:02 EDT

Paramount settles Donald Trump’s ‘60 Minutes’ lawsuit for $16 million

The settlement doesn’t include an apology. The network has agreed to release transcripts of presidential candidate interviews in the future. Read more â€ș

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Silicon Valley
George Avalos @ Silicon Valley · 07/02/2025 11:25 EDT

Tech company buys San Jose office building in deal that enables growth

A tech company that's a high-profile player in "electronic ink" display technologies has bought a San Jose office building. Read more â€ș

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Silicon Valley
Rob Nikolewski @ Silicon Valley · 07/02/2025 09:56 EDT

California’s gas tax kicks in: How much more will drivers pay at the pump?

The state excise tax just went up, the Low Carbon Fuel Standard is getting more strict and 2 refineries are shutting down. Read more â€ș

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Silicon Valley
Cal Matters @ Silicon Valley · 07/02/2025 09:52 EDT

California colleges can now pay athletes directly. Why taxpayers may foot some of the bill

As part of a settlement to a class-action lawsuit, a school will be able to dole out up to a combined $20.5 million this year in payments to any or all of its athletes. Read more â€ș

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Silicon Valley
Jovi Dai @ Silicon Valley · 07/02/2025 07:00 EDT

Crime rates decreased in Oakland last year, crept up in San Jose

Statewide and regional data generally showed improvements in crime rates last year from 2023, but violent crime continued to rise in Oakland last year. Read more â€ș

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Silicon Valley
Ethan Baron @ Silicon Valley · 07/01/2025 19:59 EDT

Bay Area Democratic leaders assail Trump tax and policy bill after Senate passes it

The Budget Lab at Yale University estimated Monday that effects from the bill on taxes, Medicaid and spending on the federal SNAP food stamps program would cost the lowest-earning 20% of Americans about $700 a year, and boost incomes for people making $185,000 by about $9,000. Read more â€ș

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Silicon Valley
Chase Hunter @ Silicon Valley · 07/01/2025 18:54 EDT

Alameda County adopts budget and braces for federal cuts

The county was able to close a $106 million gap by eliminating vacant staff positions and tapping into a reserve fund. Read more â€ș

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Silicon Valley
George Avalos @ Silicon Valley · 07/01/2025 18:51 EDT

Hundreds of Bay Area tech layoffs jolt TurboTax maker as cuts persist

TurboTax maker Intuit has revealed plans to chop hundreds of Bay Area jobs and hundreds more in Southern California. Read more â€ș

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Silicon Valley
Ethan Baron @ Silicon Valley · 07/01/2025 14:26 EDT

San Jose doctor in spicy ‘Dragon Balls’ case gets new lawyer, but blow from judge

In July 2023, neurologist Harjasleen Walia sued Coup de Thai restaurant, claiming she “incurred permanent injuries and will forever be damaged” by the $11 chicken-meatball dish at Coup de Thai. Read more â€ș

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Silicon Valley
Jon Lansner @ Silicon Valley 1 place · 07/01/2025 11:41 EDT

California is still the world’s fourth-largest economy

California's $4.198 trillion in business output has just the thinnest of advantages over India and Japan. Read more â€ș

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Silicon Valley
Cnn Com Wire Service @ Silicon Valley · 07/01/2025 11:04 EDT

FBI arrests one man, searches laptops in 16 states in crackdown on North Korean tech-worker scheme

The foreign IT workers obtained sensitive information from US companies’ servers, the department said. One of those companies is an unnamed California-based defense contractor that specializes in developing AI-powered equipment and technologies. Read more â€ș

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11.07.2025 10:37
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