Monthly Archives July 2021

California Politicians Sneak $280 million into Budget for Stadium

California leaders tucked nearly $280 million into the state budget that could benefit the proposed A’s baseball stadium in downtown Oakland to help retain the team. Gov. Gavin Newsom and state lawmakers quietly approved the funds weeks ago, and the money has stayed under the radar ahead of a pivotal Oakland City Council on the stadium’s future — a decision that the A’s and Major League Baseball insist could determine whether the team remains after 53 years in the city. Oakland is one of the smallest markets in Major League Baseball. (Note: Taxpayer dollars are available through the state’s various
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Another Company Moving its Headquarters from Illinois to Texas

Schumacher Electric Corp., a maker of automotive components, is moving its headquarters from the Chicago suburb of Mount Prospect to Fort Worth in a space that will include a 300,000-square-foot warehouse and a 30,000-square-foot office. According to a report by Ryan Salchert of the Dallas Business Journal, the new facility will feature R&D space, an engineering lab, and a garage for simulation testing. The move is expected to be completed later this summer. Schumacher already has 150 employees in North Texas and plans to add 100 more. Schumacher’s CEO Mickey Leech described Texas as “corporate friendly” and a “very desirable
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