Business

California worries it could lose $1B in taxes from exiting residents, businesses

California’s finance office has found that more than $1 billion a year in just personal income tax hangs in the balance because of the probability of people and companies moving out of state due to the high cost of doing business and home prices.

July 2021 SoCal home price update

The real estate market remains hot for sellers as we approach the midpoint of summer. Prices are rising, and home seller expectations are sky-high. 24% of home sellers expect to get more than their asking price when all is said and done.

Is Thursday the new Monday? Flexible working is in flux

NEW YORK (AP) — Last year, companies around the U.S. scrambled to figure out how to shut down their offices and set up their employees for remote work as the COVID-19 virus suddenly bore down on the world.

A pandemic clothing purge is on as normal life resumes in US

NEW YORK (AP) — Alina Clark is about as tired of her pandemic wardrobe as her comfort clothes are stretched and torn. “I have four sets of jeans, seven shirts and five sweaters that I wear every week,” said Clark, co-founder of a software development company in Los Angeles. “They're everything I've worn in the last two years. Me and my wardrobe are suffering from COVID fatigue."

Pentagon cancels disputed JEDI cloud contract with Microsoft

WASHINGTON (AP) — The Pentagon said Tuesday it canceled a disputed cloud-computing contract with Microsoft that could eventually have been worth $10 billion. It will instead pursue a deal with both Microsoft and Amazon and possibly other cloud service providers.

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