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Prop 10’s rent controls are a California disaster with national implications, opponents say
The proposition’s opponents say it would prompt landlords and investors to abandon the rental market, existing units would deteriorate and, in the end, there would be fewer apartments.
Another Chinese automaker opens U.S. HQ in Silicon Valley
The company joins Nio — which is set to do a U.S. IPO next Wednesday — Byton and SF Motors in opening Valley headquarters.
Radisys shareholders approve sale to Reliance Industries
Shareholders of Hillsboro-based Radisys Corp. approved the company’s proposal to sell itself to Indian conglomerate Reliance Industries Ltd. The vote was 97 percent in favor of the deal. On July 2, the telecommunications technology maker announced it had agreed to sell to Reliance for $1.72 per share or roughly $67 million. The deal would make Radisys a part of Reliance Industries, the parent company of Reliance Jio, which is one of Radisys’ largest customers. The deal must still go through…
Macrina Bakery opens in former Capitol Hill Tully’s Coffee after vying for the space for years (Photos)
This is the fifth bakery and cafe for Macrina, but CEO Scott France says he gets emails every week for more.
Linfield’s expanding wine program heads to Europe
Linfield College’s growing wine studies program will soon give students the opportunity to earn both bachelor’s and master’s degrees in five years — the final two spent overseas. It’s the latest move in the McMinnville college’s effort to build a wine education program that departs from traditional viticulture and enology programs, with an interdisciplinary approach that includes a core liberal arts curriculum. The goal is to prepare graduates to take on a wide range of executive and managerial…
Oracle President Thomas Kurian tells employees he’s taking ‘extended’ time off
Oracle Corp. President Thomas Kurian, the executive who heads up the company’s software engineering operations, is stepping away from the business for an unspecified period of time. Kurian told employees in an email that he was taking “extended time off from Oracle,” while thanking them for assisting in the company’s transition to cloud adoption, CNBC reported Thursday. “He’s taking some time off. We expect him to return soon,” a spokeswoman told CNBC. Kurian didn’t explain why he was stepping…

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