Aug 28, 2017

Apple to get $4 million in tax breaks per job at Iowa data center

Ng Han Guan / AP

Apple announced last week to much fanfare that it would build a new data center in the small Iowa town of Waukee, but the L.A. Times' Matthew Hiltzik estimates that, given the $208 million in tax abatements Iowa is granting Apple, the state is spending $4.1 million per permanent job created by the data center.

Modern data centers like the planned Waukee facility may take a lot of labor to construct, but once they're up and running, it will only take a few dozen employees to run it, and that means even if Apple comes through with a donation of "up to $100 million" for Waukee's infrastructure fund, the town will "still be deeply in the red," Hiltzik writes.

Why it matters: Big-name tech firms are particularly well situated to negotiate favorable tax deals with state governments, given the desire for politicians to appear to be attracting high tech jobs. Many states have come under fire for being overly generous with tax breaks in their attempts to lure businesses with tax abatements, with Foxconn's planned Wisconsin plant being another recent example.

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In photos: Protesters clash with police nationwide over George Floyd

Police officers grapple with protesters in Atlanta. Photo: Elijah Nouvelage/Getty Images

Police used tear gas, rubber bullets and pepper spray as the protests sparked by the killing of George Floyd spread nationwide on Friday evening.

The big picture: Police responded in force in cities ranging from Atlanta to Des Moines, Houston to Detroit, Milwaukee to Washington, D.C. and Denver to Louisville. In Los Angeles, police declared a stretch of downtown off limits, with Oakland issuing a similar warning.

Updated 59 mins ago - Politics & Policy

Gov. Tim Walz to mobilize Minnesota's full National Guard

Photo: Steel Brooks/Anadolu Agency via Getty Images

Minnesota Gov. Tim Walz announced on Saturday he is activating the full National Guard to respond to street violence in Minneapolis that broke out during protests of a police encounter that left a black man, George Floyd, dead.

Why it matters: This is the first time the state has activated the full National Guard since World War II. " The Minnesota National Guard told Axios in an email that up to 10,000 soldiers and airmen would be deployed after all activations and processing are complete.

Updated 1 hour ago - Science

Live updates: SpaceX attempts to launch NASA astronauts Saturday

SpaceX's Falcon 9 rocket on the launch pad. Photo: NASA/Joel Kowsky

At 3:22 p.m. ET today, SpaceX is expected to launch NASA astronauts Bob Behnken and Doug Hurley to the International Space Station for the first time.

Why it matters: The liftoff — should it go off without a hitch — will be the first time a private company has launched people to orbit. It will also bring crewed launches back to the U.S. for the first time in nine years, since the end of the space shuttle program.

Follow along below for live updates throughout the day...