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Santa Clara County Business, Economy & Jobs Digest



529-Unit Dual Housing Towers Proposed for Downtown San Jose

05/21/2024

A proposal was unveiled for dual 28-story towers with 529 units of housing and some retail and a restaurant on East Santa Clara Street in downtown San Jose.

California’s Lagging Economy Hinders Efforts to Close State Budget Deficit

05/16/2024

As Gov. Gavin Newsom and state legislators spend the next few weeks fashioning a state budget that’s plagued by a multibillion-dollar deficit, they can’t count on a booming economy to make their task easier.

How Congress Is Letting Die an Internet Connectivity Lifeline for Millions

05/04/2024

More than half of the U.S. House supports a bill to extend the funds, but it can’t get out of committee.

Everything Apple Plans to Show at May 7 ‘Let Loose’ iPad Event

05/03/2024

It’s been more than 18 months since Apple Inc. last updated its iPad line, marking the longest gap in new models since Steve Jobs first unveiled the product in 2010. The drought finally ends on May 7.

"Care Share" Startup Expands

05/02/2024

Service connects at-home moms with working moms to provide accessible and affordable child care.

"Planned Community" Proposed in Palo Alto

05/02/2024

A mixed-use development of 75 condominiums and retail space is being proposed for 800 San Antonio Road in Palo Alto.

Mountain View Begins Broadband Survey

04/30/2024

The City of Mountain View is studying the state of local Internet service for a citywide broadband needs assessment.

California's Population Increased Last Year for First Time Since 2020

04/29/2024

During the much-ballyhooed “California exodus” amid the pandemic, remote workers moved to other states where they could live for a fraction of the cost compared to cities like Los Angeles or San Francisco.

Who Killed CA Utility Bill Legislation?

04/26/2024

A bill to rein in a proposed monthly fee on California electric bills would let California’s largest for-profit utility companies charge customers $24 per month — with fees as low as $6 for lower-income customers — as a kind of membership fee for the power grid.

Palo Alto Teachers Seek Salary Increase

04/24/2024

Teachers and supporters attending the April 23 Palo Alto Unified School District board meeting petitioned for cost-of-living increases in teacher salaries.

Mountain View Adopts Economic Vitality Plan

04/24/2024

In its April 23 meeting, the Mountain View City Council approved a plan to address the slow recovery from economic effects of the pandemic.

Tesla to Layoff Hundreds in Palo Alto

04/23/2024

Documents filed with the California state employment department indicate Tesla will cut layoff close to 500 employees working in Palo Alto.

Housing High-Rise Proposed for Downtown San Jose

04/23/2024

A 28-story mixed use high-rise has been proposed for downtown San Jose on East Santa Clara Street.

It’s Not Just High-Density—the ‘Builder’s Remedy’ Is Also Bringing More Sprawl

04/21/2024

One of the tools in state housing law that’s generated excitement among YIMBYs for its power to build new high-density housing could also end up leading to just the opposite: urban sprawl.

A Plan to Change Your Utility Rates Is Dividing California Environmentalists. Here’s Why

04/18/2024

The California Public Utilities Commission will consider on May 9 a new proposal that would change how Californians pay for electricity.

Google Employees Protest Involvement in Gaza War

04/16/2024

Google employees protested outside a company facility in Sunnyvale on April 16 over use of company tech in the Gaza war.

PG&E Hit With $225-Million Lawsuit for 2021 Dixie Fire Damages

04/14/2024

A coalition of timber businesses filed a lawsuit on Wednesday against the embattled Pacific Gas & Electric Co., alleging $225 million in damages caused by the 2021 Dixie Fire.

California Requires New Homes to Have Solar Panels. Should Wildfire Victims Get a Break?

04/11/2024

A California Republican’s bill would exempt low and middle income wildfire victims from solar panels requirements on rebuilt homes that didn’t have them when they burned down.

Business Groups and Lawmakers Battle Over Ballot Measure to Limit California Tax Increases

04/08/2024

Anti-tax groups in California have qualified a measure for the November ballot that would make raising state and local taxes much more difficult. It’s a showdown that’s been building for nearly five decades.

CA Budget Deal Gets Early Start on Deficit

04/05/2024

Not filling open positions in state government, cutting a school facilities program and several climate initiatives, delaying funding for public transit — these are some of the first steps that California officials plan to take to deal with a looming multibillion-dollar budget deficit.

49ers Offer to Settle Litigation

04/05/2024

In an attempt to end five years of litigation, the 49ers made an offer of of $18M and other concessions to resolve two ongoing legal actions.

Apple Files Layoff Notice

04/04/2024

Apple has filed a disclosure with the state Employment Development Department stating an intention to layoff 600+ local Silicon Valley employees in May.

Salmon Populations Are Struggling, Bringing Economic Woes for California's Fishing Fleet

03/30/2024

Captains of fishing boats on the California coast are bracing for salmon fishing to be severely restricted — or possibly canceled for a second year.

CA Fast Food Workers Get Higher Wages, but Which Ones?

03/29/2024

According to emails obtained by CalMatters Capitol reporter Jeanne Kuang in response to a public records request, a range of employers have been trying to figure out if they must pay $20 ever since the law was signed late last September.

SBF Gets 25 Years

03/28/2024

Sam Bankman-Fried was sentenced to 25 years in prison for fraud.

Gourmet Franks Closes After 43 Years

03/27/2024

Citing a sudden upcoming 65% rent increase as the reason, Gourmet Franks closed on March 17 after 43 years in business at Palo Alto's Stanford Shopping Center.

PG&E Outlines Improvements

03/27/2024

At a recent breakfast with local business leaders, PG&E executives outlined upcoming projects to improve reliability and increase capacity in the Silicon Valley region.

Plans Amended for Former Santa Clara Golf Course

03/26/2024

The developer for the 240 acre former golf course proposed amending plans to include 1.6M square feet of light industrial space in the stalled project.

Energy Consultants Lower Power Bills

03/25/2024

As energy costs go up and awareness of the environmental footprint increases, people are turning to energy consultants for energy audits and advice.

Semiconductor Equipment Manufacturer Applied Materials Acquires Properties

03/22/2024

Applied Materials adds to $250M+ spent on South Bay properties with purchase of two more office and research buildings in Sunnyvale.

Mountain View Office Buildings Are Foreclosed

03/21/2024

Two office buildings located at 515 and 545 North Whisman Road in Mountain View have been foreclosed by their lender, adding to other recent foreclosures in the region.

Silicon Valley Janitors Rally in Support of in Support of AB 2364

03/21/2024

The State Assembly bill would address complaints of overwork by members of the Service Employees International Union-United Service Workers West union.

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From its earliest days as a state, California has been trying to turn marshes into productive land.
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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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