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Morning Wrap: 5/21/13

Tuesday, May 21, 2013

SFO’s $4-billion expansion plans, Apple on the congressional hot seat for dodging taxes, rare survival and rescue of a Golden Gate Bridge jumper, more.
  • Apple CEO Tim Cook is to appear before a U. S. Senate committee today to explain why the company avoids billions of dollars in taxes by diverting two-thirds of its pre-tax revenue through Irish subsidiaries. Chronicle
  • San Francisco International Airport officials announced plans to borrow more than $4 billion for a 10-year building and renovation plan that includes a proposed 400-room hotel. San Mateo County Times
  • A 31-year-old man survived a jump from the Golden Gate Bridge Monday afternoon and was rescued by a sailing crew from Santa Cruz that spotted him bobbing in the water. Santa Cruz Sentinel
  • Along with the increased heat comes an uptick in fire danger in the Bay Area. Firefighters snuffed out brush fires in Oakland, Orinda and San Jose on Monday. Contra Costa Times
  • An $840 million contract for Muni’s Central Subway project, amounting to about half of its total price tag, is up for approval before Muni’s board today. Examiner 
  • San Francisco Network Ministries in the Tenderloin is disbanding after 40 years, although many of its programs will apparently live on through other non-profits. SF Business Times
  • David Hamzeh, 28, who fell from a fourth-story roof during a Bay to Breakers party Sunday, died of his injuries, it was announced Monday. Chronicle
  • The iconic 506-room San Jose Marriott next to the city’s convention center has been bought by an investor group for $83 million. Oakland Tribune
  • Police found 50 M-80 type explosives in a Belmont home during a search that also turned up several pounds of marijuana and hundreds of pain pills. Mercury News
  • An El Cerrito man remained hospitalized with stab wounds from a melee early Sunday involving about four dozen people outside an Alameda sports bar. Contra Costa Times
  • Tammerlin Drummond finds hope in East Oakland with the revival of efforts to develop the Foothill Square shopping center. Oakland Tribune

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