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➤ Walmart is laying off more than 300 workers across Silicon Valley, a year after opening what it billed as a next-generation workplace in Sunnyvale. A state filing submitted June 19 lists the cuts taking effect August 21. (More)
➤ Central Valley home prices keep climbing as building costs outpace incomes and inventory stays tight. A builders’ group study found regulations add more than $131,000 to the cost of a new home nationwide, though Fresno’s median price of about $450,000 remains well below the state’s roughly $800,000. (More)
➤ California leaders agreed to place an $11.25 billion housing bond on the November ballot. The measure would provide $10 billion for affordable housing projects and $1.25 billion for a veterans home loan program that helps military families buy homes. Voters would have the final say this fall. (More)
➤ Fresno’s Ralph Edwards, a finalist on NBC’s The Voice, is opening a recording studio in the Tower District to help local artists record music and develop their careers. Edwards says he hopes to prove aspiring musicians can “make it from here” in the Central Valley. (More)
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