Santa Clara County Business, Economy & Jobs Digest

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

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

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.

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

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

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.

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.

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.

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.

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

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

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.

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

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.

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.

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.

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

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

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.

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

A permit application has been filed to convert the historic Bank of Italy office tower in San Jose to 100+ units of housing.

Mountain View's Mathnasium celebrated its reopening in Mountain View on Pi Day (3-14) with, what else, pies.

The City of Milpitas has reached a labor agreement with City employees represented by
the Milpitas Employee Association (MEA) and the Milpitas Professional and Technical Group (ProTech).

The 7410 square foot building at 445 Bryant Street is city-owned, with rent to be used to fund programs specifically for Palo Alto youth and teens.

The Santa Clara Planning Commission denied a conditional use permit for a development at 2805 Bowers Avenue involving the replacement of an existing two-story building with a new four-story data center.

Meet Jason Reynolds and Jinxbot, a 3D printing service operating out of a storefront at 693 Calderon Avenue and a workspace on Old Middlefield Way in Mountain View.

The consumer price index shows services are mostly responsible for persistent inflation, but prices for food and other goods in California remain high.

Republicans want to scrap the law, accusing Gov. Gavin Newsom of corruption in dealings with a Panera Bread franchisee who is a major campaign donor. McDonald’s franchisees are funding a committee that is attacking Democrats who supported the law and are seeking local office in the primary.

On March 1, the California Public Utilities Commission gave approval for driverless taxi company Waymo to expand service into Los Angeles and San Mateo counties.

Mountain View’s revenues and expenditures are mostly following budget projections, but the outlook for the next fiscal year is not as bright.

In the largest independent expenditure to the Santa Clara County Board of Supervisors race so far, the California Apartment Association threw its weight behind District 5 candidate Margaret Abe-Koga.