Economy

Economy

Citizen group to oversee Santa Clara County’s Measure A spending

Santa Clara County leaders promised their voter-approved sales tax increase would save local public hospitals from closure. That commitment will now be tested. The Board of Supervisors voted unanimously Tuesday to form a citizen oversight committee to ensure that $330 million in Measure A revenue will be spent as advertised. County leaders last year vowed Measure...

Santa Clara County residents consider leaving the area

A significant number of Santa Clara County residents say they’re considering leaving the Bay Area, a reflection of the persistent frustration over housing costs and affordability even as population data suggests the region is not experiencing a mass exodus. Joint Venture Silicon Valley’s annual survey found 40% of respondents in Santa Clara County said they...

Pruneyard Cinemas in Campbell not closing

Campbell’s Pruneyard Cinemas announced Friday that it has managed to reach an agreement with its landlord in a longstanding rent dispute, allowing the beloved theater to remain open. The news comes as a reversal in fortunes for the theater company, which told customers last week that rising costs would force it to close down permanently...

San Jose mayor opposes billionaire tax idea

San Jose Mayor Matt Mahan has come out against a controversial proposal to create a “billionaire tax” in California. Backers see it as a means of filling a massive deficit facing the state’s health care system. In a nearly 300-word thread posted to X Monday, Mahan warned if passed by voters, the pending statewide ballot measure...