@AnnaEdge4

Microsoft President Sees Jobs Risk If Washington State Hikes Taxes | Anna Edgerton If additional taxes make it more expensive to have an employee in Washington state, then companies are going to plan their growth elsewhere. In his first interview since this month's elections, Micros...

I spoke with Microsoft's Brad Smith about taxes, the tech economy and what it all means for innovation (and affordability) in Washington State.

www.linkedin.com/posts/anna-e... #Seattle #PugetSound #Washington via @bloomberg.com

Hi, I just meant that you need the support of fewer than 150,000 people to become mayor of Seattle. More than a million people voted for Mamdani in New York, by comparison. Wasn't intended to be a judgement call, just an observation that Seattle is a relatively small city.

Seattle Progressive Expands Narrow Lead Over Mayor in Tight Race The progressive challenger seeking to oust Seattle’s business-friendly mayor widened her slim lead as the final votes are tallied from the Nov. 4 election, but the race remains undecided and likely he...

The actual city of Seattle is a pretty small part of the Puget Sound. Fewer than 150,000 voters get to pick Seattle's next mayor, setting the tone for a region of 4.5 million people. Looks like Katie Wilson has convinced enough people that she has what it takes.

www.bloomberg.com/news/article...

Texas Redistricting Case Could Reshape House Balance After 2026 Midterms Federal judges in Texas this week will weigh whether the state’s newly drawn congressional map unlawfully dilutes the voting power of racial minorities, bringing to a head a redistricting battle that ...

Want to understand what redistricting in Texas looks like and what it means for representation in Congress? Great combination of super interesting maps and thoughtful reporting here: www.bloomberg.com/graphics/202... via @bloomberg.com

Empty Microsoft Towers Trigger Loan Default by Australian Fund Australian Retirement Trust, the nation’s no. 2 pension fund, is defaulting on a loan that funded the purchase of a US office complex once occupied by Microsoft Corp., underscoring the continued fallo...

NEWS: Australia's 2nd largest pension fund walks away from the Bravern office buildings in #Bellevue after Microsoft's exit left the two towers totally empty www.bloomberg.com/news/article... #cre #RealEstate #cmbs via @bloomberg.com

Powerful Earthquake Triggers Tsunami Warnings From US to Japan The US West Coast and countries in the Pacific braced for tsunamis in the wake of a powerful earthquake in Russia’s Far East, although the initial waves to hit Japan were small.

🫨 A mag-8.8 quake struck off Russia’s Kamchatka Peninsula on Wednesday, triggering tsunami alerts from Japan to Canada, California, Hawaii and as far away as Indonesia and New Zealand.

With @maryhui.bsky.social and @annaedge4.bsky.social

www.bloomberg.com/news/article...

Bloomberg Green Festival starts next week in Seattle! Check out this link to see our great lineup of speakers and request to attend. You can also register for the Green Docs screening:

events.bloomberglive.com/bloomberg-gr...

NYC Developer Silverstein Bets on Rising Wealth of Seattle’s Neighbor Billionaire’s firm has taken over ownership of Avenue, a luxury condo and hotel project in fast-growing Bellevue.

NY developer Larry Silverstein, best known for rebuilding the World Trade Center site, is betting on the wealth and future potential of Bellevue. His luxury condos above the new InterContinental Hotel are setting price records for the region.

www.bloomberg.com/news/feature... via @bloomberg.com

Chinese Managers Take Reins at TikTok Shop in US as Sales Miss Goal ByteDance Ltd., TikTok’s parent company, has been replacing US-hired staff near Seattle with leaders connected to China, aiming to replicate its e-commerce success in Asia after sales fell short in Am...

SCOOP: TikTok's office near Seattle is feeling more like a Chinese company as leaders from China replace US-hired bosses. Lagging US sales has ByteDance aiming to replicate their e-commerce success in Asia.

(....not exactly Project Texas)

www.bloomberg.com/news/article... via @bloomberg.com

TikTok Shop US Employees Told to Work From Home as Layoffs Loom TikTok told US e-commerce staff to work from home Wednesday while awaiting emails regarding “difficult decisions,” suggesting the social media company is preparing to cut jobs.

SCOOP: TikTok e-commerce employees in the US (including Bellevue, near Seattle) were told to work from home Wednesday as widespread layoffs are expected.

www.bloomberg.com/news/article... via @bloomberg.com

Seattle Businesses Take Canadian Cash at Par to Lure Sports Fans For years, the arrival of the Toronto Blue Jays in Seattle brought a familiar sight: tens of thousands of exuberant Canadians pouring into the city to cheer on their baseball team.

Seattle businesses hope to lure Blue Jays fans for this weekend's series by accepting Canadian dollars at par. That's a 30% discount... but still might not be enough to get them to visit the US.

www.bloomberg.com/news/article... via @bloomberg.com

Washington State Tax Hikes Target Tech Giants That Made It Rich New taxes passed in the final days of Washington’s legislative session seek to bridge a record budget deficit by shifting more of the tax burden to technology companies like Amazon.com and Microsoft C...

Washington state's new taxes are aimed at the big guys like Amazon and Microsoft, but almost all businesses (and consumers) will feel the impact. My latest, from Olympia:

www.bloomberg.com/news/article... via @bloomberg.com

Amazon Turned Drivers Into First Responders in Europe Experiment Amazon.com Inc. equipped some delivery vans in Europe with defibrillators to see if drivers crisscrossing residential areas could speed up aid to heart-attack victims.

What if Amazon vans could help save lives? Scoop here on the secret program Amazon tested in Europe to get more AEDs into the residential areas where most heart attacks occur:

www.bloomberg.com/news/article... #firstresponder #aed #Bologna #Italy #London #UK #Amsterdam via @bloomberg.com

Las Vegas Lures Seattle Millionaires Fleeing Taxes on Their Wealth The US gambling capital is eager to attract more money and tech savvy while the land of Amazon.com and Microsoft pursues the US's first wealth tax.

The people who can most afford to pay more in taxes are also those who can most easily move to a different state.

www.bloomberg.com/news/feature... #seattle #wa #lasvegas #nv via @bloomberg.com