San Jose Council Deadlocks on Divesting from Microsoft, Amazon, Alphabet
California News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
San Jose City Council deadlocks on divesting from Microsoft, Amazon, and Alphabet due to federal immigration ties. Proposal to phase out $54M in holdings fails 4-4. Supporters argue it protects immigrant community, while opponents warn of potential losses. Finance experts caution restrictions could impact yields and citys reliance on Amazon products.
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