Santa Clara County Business, Economy & Jobs Articles

The City of Morgan Hill spends more than $200,000 per year in fees for processing credit card payments for various city services—including utilities, business licenses and recreation. These costs came up during a discussion of new and updated fees for …

Sarah Rosso grew up in her family’s furniture business, starting off as a receptionist 27 years ago as a high schooler who did a lot of what she called the “grunt work.” She took every opportunity she had to learn …

As ice creamery Salt & Straw prepares its Los Gatos launch, the company is rolling out a new slate of flavors from co-founder Tyler Malek harkening back to its earliest days. The new menu items, which it's calling “the Vault …

Texas often claims to have lower taxes than California. But a new study by WalletHub shows that California's overall tax burden is significantly less, and that California does better for lower and middle income taxpayers.

Artificial intelligence development is moving fast. Elon Musk and others are now calling for AI researchers to pause for six months to ensure safety and ethical measures are put in place.

Pop’s Public House is slated to open its doors in about two weeks from today. It might not seem like it, especially when the new restaurant and bar still looks like it’ll take a miracle performed on an episode of …

In 1999, Gerald Celente, director of the Trends Research Institute, told the San Francisco Chronicle what he thought about the future of bubble tea: “Unless you’re going to have some kind of mystical, ancient Chinese power from drinking it, it’s …

The leak adds to the challenges facing the Elon Musk-owned company, which is trying to identify the person responsible and any other people who downloaded the code.

Flor de Maria Rivera, a Los Gatos shoe designer, has been staying in Carmel-by-the-Sea in recent days, spending time with family. The power outages she’s been dealing with there have reminded her of growing up in South America. “I feel …

Peter Thiel, the Donald Trump supporting Silicon Valley billionaire and venture capitalist, may have played a big role inthe bank run that ended in the failure of Silicon Valley Bank. But why?

SVB lobbied hard for bank deregulation, which may have led to its own failure. And depositors blew past limits on federal insurance, knowing they would lose their cash if the bank went under unless the government saved them. Here’s how …

The shockwaves and aftershocks of the failure of one bank are likely to linger for years, and these tremors will likely change the way companies are built in the future.

Moody’s downgraded the credit rating of six regional banks, including the holding company of San Jose’s Bridge Bank.

The new announcement is the company’s second round of cuts within the past half year. In November, Meta laid off more than 11,000 people, or about 13 percent of its work force at the time.

For most banks, higher interest rates are good news because they can charge more for loans. But for SVB, they hurt.

Insiders told a business news network that the Santa Clara-based bank has historically paid employee bonuses on the second Friday of March.

The FDIC move came less than two hours after a decision by tech funding giant SV Financial Group, parent company of Silicon Valley Bank, to halt trading shortly after markets opened this morning on NASDAQ – after its stock collapsed …

Climate change driven storms are creating new problems for Gavin Newsom and California's budget process, which is already reeling from a projected $25 billion deficit that emerged after a $97 billion surplus disappeared.

Sunshine Bicycles, which has helped generations of locals get rolling on two wheels, announced recently that it is closing up shop after 47 years in business. Steve Warner, who founded the First Street business with Norman Currie in 1976, said …

Shopping malls revolutionized how Americans shopped, socialized, and lived. Now, malls face an uncertain future. How did the dream of a new town square go so wrong?