Latest line: Gun control groups a winner, Cisco a loser

Aug. 18--Gun control groups

Comparing it to auto insurance, San Jose Mayor Sam Liccardo proposes first-in-the-nation measure to require gun owners to carry liability insurance to cover taxpayer costs like emergency response and hospital care linked to firearm violence.

Cisco

Amid a disappointing earnings outlook, the San Jose-based computer networking giant lays off 488 workers locally, including managers and engineers, nine months after laying off 462 others.

Unions

Labor groups introduce a 2020 ballot measure to alter Proposition 13 by re-assessing commercial property more frequently. But only 54% liked the idea in a recent poll, and big business may spend $100 million trying to defeat it.

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