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Morning Wrap: 5/30/12

Wednesday, May 30, 2012

News and notes:
    • Auction house Sotheby’s expects that one of only a half-dozen bootable Apple computers from 1976 could fetch as much as $180,000 at auction later this month. Mercury News
    • Jeff Morales, the former head of Caltrans, and the lead consultant to the state’s high speed rail authority was chosen as the authority’s new CEO. Mercury News
    • Facebook stock continued to sink Tuesday, closing below $30 a share, or more than 24 percent below its IPO price. Mercury News
    • If the Warriors do indeed leave Oakland for San Francisco they could be on the hook for $70 million to their old landlords at Oracle Arena. Chronicle
    • The Moraga School District will launch an investigation into a principal’s alleged failure to report suspected child sex abuse at a middle school more than 15 years ago. Contra Costa Times

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