Microsoft campus gets crowded
Microsoft is spending $1 billion to expand its headquarters campus in Redmond, Wash., the New York Times reports. What the Times doesn't mention is that Microsoft is stuck footing such a big bill thanks in part to a short-sighted decision in 2004 not to build out a second campus in nearby Issaquah, Wash. Microsoft had an option to buy nearly 90 acres of land on the opposite end of Lake Sammamish from Redmond, but decided to forgo that route. Now, it's paying through the nose to acquire more real estate around its home campus -- as well as drawing bad feelings from neighbors in Redmond who blame Microsoft for burgeoning traffic problems.
Posted by Owen Thomas 10:20 AM 1 Comments comment | Add a Comment

Waaaa... Microsoft has to spend some of the billions they are sitting on.
Posted By Bryan Columbus, OH : 12:08 PM  

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.