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Voters in San Francisco backed a plan to tax rich companies to help the homeless.The city-wide ballot measure called Proposition C passed by a wide margin: 60% to 40%. It will be the largest tax increase in San Francisco's history, doubling its current budget to fight homelessness.Prop C entered the national spotlight when big-name tech billionaires began debating the issue.Salesforce CEO Marc Benioff was Prop C's most visible and well-funded supporter, sinking nearly million into the "Yes on C" campaign. He gave numerous interviews and confronted his opponents on social media.Benioff accused Jack Dorsey, the CEO of Square and Twitter, of not not giving back to the city where his companies are headquartered. Dorsey opposed the measure, as did other companies with offices in the city including Stripe, Visa, and Lyft. San Francisco Mayor London Breed also opposed Prop C. 892
Walmart is retreating from Europe, merging its UK supermarket business Asda with bigger rival Sainsbury's.In return, Walmart will receive £2.97 billion (.1 billion) in cash and a 42% stake in the combined business, the companies said in a statement on Monday.The deal values Asda at £7.3 billion ( billion), and creates a mega retailer with 2,800 stores and combined sales of roughly £51 billion ( billion).The sale of Asda follows Walmart's exit from Germany, its other major outpost in Europe, in 2006.Walmart could use the cash to fuel its expansion in other international markets. The US retailer is reportedly close to agreeing to invest in India's Flipkart, an online retailer that has also attracted attention from Amazon."This proposed merger represents a unique and bold opportunity, consistent with our strategy of looking for new ways to drive international growth," Judith McKenna, the CEO of Walmart International, said in a statement.The combination with Asda will give Sainsbury's more firepower as it confronts digital competitors including Amazon and aggressive discount chains, such as Germany's Lidl and Aldi.It also creates a new UK market leader: Sainsbury's and Asda together control over 31% of the grocery market, according to Kantar Worldpanel. The current industry front runner, Tesco, has nearly 28%.Regulators will have a close look at the deal, but the geographical distribution of Sainsbury and Asda stores could limit concerns over reduced competition.Upmarket Sainsbury's is strong in southern England, while Asda, which tends to have larger stores and lower prices, is well represented in the north. Together, the supermarket chains employ 330,000 people.The UK Competition and Markets Authority last year approved Tesco's takeover of wholesaler Booker, saying the deal would not reduce competition in the sector, which is known for its razor-thin margins and frequent price wars. 1929
WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. With confirmed infections having neared 60,000 in the past week, the highest level since July, many consumers have been unable or reluctant to shop, travel, dine out or congregate in crowds — a trend that has led some employers to keep cutting jobs. Several states, such as Ohio and Idaho, are reporting a record number of hospitalizations from the virus. 555
VISTA, Calif. (KGTV) -- Jury selection is expected to take all week in the trial of former NFL tight end Kellen Winslow II. The San Diego football star and son of Chargers Hall of Famer Kellen Winslow Senior pleaded not guilty to charges that he raped two homeless women in Encinitas last year. He's also charged with raping an unconscious seventeen-year-old girl back when Winslow was nineteen. Prosecutors say he was out of custody on million bail in connection with the felony case when he got in trouble again. Prosecutors say he fondled himself in front of a 77- year-old woman at a Carlsbad gym, asked her if she liked it, and groped her while she was in a hot tub at the same gym.Jan Ronis is a San Diego defense attorney not affiliated with the case, but watching it closely. "From what I've seen at the preliminary examination, everyone that testified seemed to have a lot of credibility. These were older women, you would extend the greatest credibility to that kind of witness," said Ronis. Winslow played ten seasons with the NFL. His defense team is reportedly planning to call two psychiatrists to testify. It's unclear if CTE, or Chronic traumatic encephalopathy will play a role in that defense. Ronis says it might not make a difference. "You can still be responsible for your conduct , criminally responsible, after having sustained a traumatic brain injury or something of that nature. It's different than say, your mental health issue was such that rendered you incapable of understanding the nature of your conduct that you couldn't understand the difference between right and wrong, " said Ronis. Opening statements are expected to begin May 20. Winslow faces life in prison if convicted on all counts. City News Service contributed to this report. 1787
WASHINGTON (AP) — House Democrats are proposing a sweeping bill to curb presidential abuses.The bill introduced Wednesday, called Protecting Our Democracy Act, would, among other measures, limit the president’s pardon power, strengthen laws to ban presidents from receiving gifts or payments from foreign governments, better protect independent agency watchdogs and whistleblowers from firing or retribution and require better reporting by campaigns of foreign election interference."It's sad that the president's actions have made" this act necessary, Pelosi said. Wednesday evening, President Trump refused to commit to a peaceful transfer of power should he lose the election. In response to his comment, Pelosi responded, “I have confidence in people."A reporter pressed Pelosi about any action her or Congress may take in response to the president. “I don’t think he’s worth the effort at this point. We have 40 days until the election," Pelosi responded.Speaker Pelosi took a moment to remember Justice Ruth Bader Ginsburg who died last week."Her death is like a death in the family for so many in America,” Pelosi said, then pivoting to COVID-19 saying the country is also "mourning the deaths of 200,000 family members from the coronavirus."Pelosi also reacted to the grand jury announcement in Louisville on Wednesday, deciding to bring charges against only one officer for firing shots into a neighboring apartment. She called on Congress to pass measures for police reform."There has to be respect for the police, but also respect and justice for all,” Pelosi said. 1585