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Santa Clara County Business, Economy & Jobs Articles



Image caption: Gavin Newsom (l) has lashed out at Florida Gov. and GOP Presidential candidate Ron DeSantis (r).
Newsom Wants DeSantis Charged With Kidnapping Migrants

‘You small, pathetic man,’ Gavin Newsom wrote in a Twitter post suggesting he’d pursue criminal charges against Florida Gov. Ron DeSantis over recent migrant flights to Sacramento.

Image caption: In what appears to be a power play that worked, a developer proposed building 14 residential highrises with a combined 4,260 units in Santa Monica.
How California Developers Twist Affordable Housing Laws

A new interpretation of an old law gives homebuilders leverage over California cities and their zoning codes. They’re using it to push through thousands of new apartments around the state.

Image caption: House Speaker Kevin McCarthy of Bakersfield voted to toughen welfare work requirements, while state lawmakers back home chose another tack.
CA May Loosen Welfare Work Rules as US Tightens Them

State lawmakers want to loosen CalWORKs job requirements so people keep cash benefits. Congress’ debt limit deal could curb that.

Image caption: California ranks seventh in wind power, with 3.5 percent of all U.S. wind energy produced here.
California Inches Toward Renewable Energy Goal

Renewable energy sources provided 37 percent of California electricity in 2021, a new record for the state as it moves toward its 2045 goal of 100 percent clean energy. Battery storage will play a huge role in reaching that goal.

Image caption: Senate Bill 584 would hit short-term rentals with a new, 15 percent tax.
New Tax on Airbnb Could Fund CA Affordable Housing

A bill to tax Airbnb and other short-term rentals to fund affordable housing projects could be voted on by the Senate as soon as today. The proposal has revived the debate over Airbnb and its role in the housing crisis.

Image caption:
What Happens to a Town When its Prison Closes?

California is unwinding the prison-building boom of the 1980s and 1990s. The cuts are falling on small towns that banked on government jobs to anchor their communities.

Image caption: Members of Teamsters, CSUEU, UAW 4123, and CFA faculty gathered to ask for fair wages outside the CSU Chancellor’s office in Long Beach on May 23.
Report: Cal State Has $1.5 Billion Funding Gap

A new analysis shows that the California State University system doesn’t make or receive enough money to cover its costs, even with state support. The report and lawmakers urge the system to increase tuition, but even that might not be …

Image caption: California’s 1,000 megawatts of power from the Colorado River’s Hoover Dam have been in jeopardy.
California To Cut Colorado River Water Use

California will cut use of water from the Colorado River drastically under a new agreement announced by the Biden Administration on May 22. Nevada and Arizona have also agreed to the cuts.

Gilroy Dispatch logo LOCAL NEWS
Camino Arroyo hotel project moves forward

The Gilroy Planning Commission recommended a project on May 4 that would construct two hotels and other buildings on a vacant lot at the corner of Highway 152 and Camino Arroyo. The city council at a future meeting will have …

Morgan Hill Times logo LOCAL NEWS
Chamber cancels annual downtown festival

Due to a trifecta of concerns related to costs and safety, the Morgan Hill Chamber of Commerce Board of Directors has decided not to conduct its biggest annual fundraising event this year. “With deep regret, the (Chamber) has made the …

Image caption: They help feed the whole country, but life for California’s farm workers remains a struggle.
How California Feeds the Country

California stands as America’s agricultural powerhouse, growing half of its fruits and vegetables. Here’s how California farming has shaped the state, from the early missions to today’s “factories in the field.”

Los Gatan logo LOCAL NEWS
Community pooled resources to build entrance wall at Double D’s

On April 25, Los Gatos residents gathered to cheer on the completion of a wall meant to welcome people to downtown. “It just seemed like a no-brainer,” said Darin Devincenzi, co-owner of Double D’s Sports Grille, about the initiative to …

San Jose Inside logo LOCAL NEWS
Federal Judge Rejects Google Bid to Toss Antitrust Suit Alleging Monopoly in Online Ads

The lawsuit alleges that Google leverages control over online advertising, driving out competition and receiving profits that far exceed what could be made in a competitive market.

San Jose Inside logo LOCAL NEWS
First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase

As part of its deal, all 84 First Republic branches in eight states – including  seven in Santa Clara County, 15 in San Francisco, six in San Mateo County, eight in the East Bay and 17 in Southern California – …

San Jose Inside logo LOCAL NEWS
Federal Regulators Prepare to Seize and Sell First Republic Bank

A Sunday night deadline loomed as JPMorgan and PNC were said to be interested in acquiring the troubled lender after it is seized by the Federal Deposit Insurance Corporation.

San Jose Inside logo LOCAL NEWS
Fed Slams Its Own Oversight of Silicon Valley Bank

The Federal Reserve today released hundreds of pages documenting how bank supervision and regulation failed to prevent the lender’s painful collapse. The F.D.I.C. released a separate report on Signature Bank’s failure.

San Jose Inside logo LOCAL NEWS
Mahan Says Not to Worry About Slowdown at Google’s Downtown West Site

Mayor Matt Mahan tried to reassure the public that Google remains committed to San Jose in the long term, and San Jose is committed to Google.

Gilroy Dispatch logo LOCAL NEWS
Legislative Summit Brings Elected Officials to Gilroy

The Gilroy Chamber of Commerce hosted its 10th annual Legislative Summit on April 14 at Old City Hall Restaurant, an event that brings together elected officials who represent Gilroy, Morgan Hill and San Martin with community and business leaders. With …

Image caption: Archtitectural rendering of the design for the Alice Waters Institute for Edible Education.
Alice Waters at Aggie Square

The Alice Waters Institute for Edible Education will serve as one of the anchor tenants for the $1.2 billion project in Sacramento.

Image caption: Though life expectancy has declined in recent years, Californians still live longer than most Americans.
Want to Live a Long, Healthy Life? Move to California

Life expectancy in California exceeds all but three other states, but how long you live depends on which county you live in. They're not all equal. Why? The answer may lie in political policies.

Featured

Water is a human right under California law, but it doesn’t always work out that way.
Agriculture and Water Shortages in the State’s Breadbasket, Explained
There are many causes contributing to this crisis. And as you may already know, this situation really is nuts.
The cycle of crime and homelessness is escalating, but it doesn't have to be that way.
Homelessness and Crime in California: Even More Complex Than You Think
What causes the cycle of homelessness and crime, and how to stop it.
Thousands of homeowners have been kicked off their fire insurance policies.
California Fire Insurance Crisis: How the State Helps Homeowners
The state tries persuading insurance companies to cover homes in fire zones.
Moss Landing in Monterey Bay is the world’s largest battery storage facility for solar and other renewable energy.
Solar Power and California’s Clean Energy Goals
How the sun is helping push the state toward 100 percent renewable energy.
Owning homes is the primary way the middle class builds wealth, and an option no longer available to most Californians.
Is California’s Housing Crisis Making Inequality Worse?
California has some of the worst economic inequality in the United States. Is housing a cause? Could it be a cure?
Though life expectancy has declined in recent years, Californians still live longer than most Americans.
Want to Live a Long, Healthy Life? Move to California
Californians live longer than people in all but three states, but not all counties are equal.
They help feed the whole country, but life for California’s farm workers remains a struggle.
How California Feeds the Country
California, a state known for high-tech and show business glitz, is also America’s farming powerhouse.
Zoning laws tell you what you can and can't build on the property you own. How does government get away with that?
How Zoning Laws Shape California and Society
Zoning is everywhere, but is it a way to regulate development or a tool for social engineering?
How California reclamation districts turned millions of acres of wetlands into fertile agricultural land, starting in the earliest days of the Gold Rush.
Reclamation Districts: Turning ‘Swamps’ Into Farmland
From its earliest days as a state, California has been trying to turn marshes into productive land.
Long-duration energy storage, such as this thermal energy storage facility, allows renewable energy sources to operate at full capacity without overloading the power grid.
How California Leads the Race For Long Duration Energy Storage
For renewable energy sources such as solar and wind to be viable, ways to store the power they create are essential.
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