Business

Business

Downtown San Jose loses another major retailer

The closing of a neighborhood drugstore means the loss of much needed services for residents and business owners in downtown San Jose. The CVS on The Alameda, which closed about two weeks ago, offered a convenient one-stop shop for groceries, basic goods and pharmaceutical needs, but it also became a “magnet” for homeless residents who...

World Cup a win for downtown San Jose

The United States soccer team may have tied England at the World Cup’s Friday match, but the game was a win for San Jose regardless of the results. World Cup watch parties—organized by the San Jose Earthquakes soccer team, local businesses and the San Jose Downtown Association—have activated San Pedro Square in a way the...

San Jose wants to double pot shops to increase revenue

San Jose wants to more than double the number of cannabis dispensaries to increase tax dollars, but officials are struggling to find a policy that works. Last week, the San Jose City Council voted 10-1 to relax various regulations. Councilmember Matt Mahan was the lone dissenter. The new policy aims to change three issues to...

San Jose faces decades of City Hall debt

It’s been roughly 20 years since San Jose leaders voted to build a new City Hall, rotunda, plaza and parking garage at Fourth and Santa Clara streets in the heart of the city’s downtown. It’ll be nearly another two decades before the full tab is paid. Even before the idea became a reality, city leaders...

Silicon Valley’s big tech donates little locally

Tech companies based in Santa Clara County earn billions in revenue but only donate a tiny portion to local nonprofits as social inequality in one of the country’s wealthiest counties worsens. A review by San José Spotlight of donations from several Santa Clara County-based tech companies shows these corporations gave a fraction of 1% of their revenue...

San Jose: The most expensive major U.S. city for monthly bills

San Jose residents pay more each month for common household bills than residents of any other major U.S. city, according to a new report. Seattle-based bill management company doxoInsights analyzed the 10 most common monthly bills paid by people living in the 50 largest U.S. cities based on the number of households. San Jose is the...