Microsoft pledges $500 million to build affordable housing in Seattle

Satya Nadella. Photo: Stephen Brashear/Getty Images

Microsoft is pledging $500 million to the Seattle region to address affordable housing issues, the New York Times reported and Microsoft confirmed in a blog post.

Why it matters: This kind of move from such an industry powerhouse will spur debate over what kind of responsibilities fall on companies to find "solutions for those who have not benefited from the industry's fortunes," per the Times. A report from December said the Seattle region needs 156,000 more affordable housing units and will need 84,000 more by 2040 if growth continues.

Marijuana legalization, daylight savings and other notable measures passed in the midterm elections

Voters leave a precinct after casting their ballots.
Photo: Stephen Morton/Getty Images

Voters across the country weighed in on hundreds of ballot initiatives in this year’s midterm cycle on politically-charged issues such as abortion, marijuana legalization and criminal justice reform.

The big picture: The 2018 midterm elections produced a divided Congress that's emblematic of a split America. Amid partisan deadlock in Washington, states have largely become battlegrounds on such controversial issues.