Business

Business

San Jose’s big gamble with Measure H might be illegal

Seventy-three percent of San Jose voters went all-in for more card room tables last November. But state officials say that increasing that number might be illegal. At the end of last year, San Jose voters overwhelmingly approved Measure H, which allows local casinos to increase the number of tables if they agreed to pay the...

Indoor dining brings normalcy back to San Jose restaurants

Restaurants returning to indoor dining can breathe easier as customers come back inside and some normalcy takes shape. Before the pandemic, Anabel Nguyen and Alex Huynh’s family restaurant hadn’t taken a break in 25 years. But in March 2020, they closed for one month. “It was really stressful for all of us,” Nguyen said. Since...

San Jose’s Happy Hollow hangs on during the pandemic

The theater and rides at San Jose’s Happy Hollow Park & Zoo might be closed, but that didn’t dampen 4-year-old Zayden’s enthusiasm for his first time at the zoo. “I’m so excited!” said Zayden as he made his way from the ticket booth to the exhibits. Happy Hollow is owned and operated by San Jose’s Parks,...

UPDATE: San Jose approves policy to rehire laid-off workers

A local labor-led ordinance will capitalize on a new state right-to-work law for the hospitality industry. The council unanimously approved a so-called “Return Together” ordinance, which mandates San Jose employers in the hospitality industry to rehire hotel and event workers, janitors and airport workers, among others, when they reopen. Priority will be given based on...

Can San Jose reduce its pension debt by issuing bonds?

As San Jose prepares its annual budget proposal, one factor looms larger than any other: Pensions. As of June 30, San Jose had $3.5 billion in unfunded liability—pension debt owed to city retirees that’s not covered by the return on investments made by the city’s two retirement plans. The city’s retirement plan for police and firefighters...

San Jose lawmaker asks for $1M to reopen small businesses

Small businesses lost millions over the course of the pandemic. One local lawmaker wants to make sure that doesn’t happen again. San Jose Councilmember Raul Peralez requested Wednesday that $1 million in federal funds go to support businesses as they reopen. Peralez, whose district includes downtown San Jose, spoke alongside members of the Greater Downtown...

San Jose business leader mulls ending political endorsements, new name

The Silicon Valley Organization’s newly-hired chief executive officer says the powerful business lobby should no longer endorse candidates. In the latest episode of The Podlight, CEO Derrick Seaver told host Bob Staedler that he’s looking to ending the organization’s tradition of political endorsements and changing SVO’s name back to a variation of its previous name,...