The legendary Capital Club is saying adieu to Silicon Valley. The exclusive club that drew the who’s who of San Jose to network, party and plan the city’s future will close its doors on New Year’s Eve. The 34-year-old club announced the closure on Tuesday in a letter to its members, explaining the decision “reflects...
Economy
Economy
Los Gatos loses treasured seafood restaurant after 45 years
An iconic restaurant in downtown Los Gatos renowned for its fresh fish and handmade pasta is shutting its doors after nearly half a century. Steamer’s The Grillhouse is closing after 45 years in business due to rising operational costs. What began in 1979 as a family business run by siblings Mark, Linda and Paul Matulich, the upscale...
Bay Area food banks ask for help to keep feeding their communities
The Bay Area is suffering from widespread food insecurity, and food banks are scrambling to meet increasing needs while their budgets are strained. Five food banks serving residents from Sonoma and Solano counties to Santa Clara County gathered on Tuesday to call for public support. Food banks in the north, east and South Bay are seeing...
Cupertino has millions to spend from Apple settlement
With Cupertino absolved from paying California millions of sales tax dollars it collected from Apple, city officials are strategizing how to use it. Cupertino was allowed to keep the roughly $74.5 million in Apple sales tax revenue it set aside from 2021 through August after reaching a settlement with the California Department of Tax and Fee Administration...
Downtown San Jose road could close for new pedestrian mall
San Jose officials want to recreate the success of downtown gathering spaces like San Pedro Square and Paseo de San Antonio by permanently closing off vehicle traffic in a third location. The San Jose City Council voted on Nov. 5 to extend the closure of Post Street, which began during the pandemic when the Al...
Sunnyvale lacks funding for guaranteed income program
Sunnyvale is prepared to launch a guaranteed basic income program — it’s just waiting for funding. The Sunnyvale City Council approved the pilot program unanimously last week, with Councilmember Alysa Cisneros absent, and instructed city employees to look for external funding. The pilot could run for up to two years and provide at least 100...
Campbell police use cameras to combat retail theft
A West Valley police department is one of the first in Santa Clara County to target organized retail theft by monitoring businesses’ surveillance cameras — just as voters decide if thieves should receive more punishment statewide. The Campbell Police Department has launched a program that allows businesses to share their live security footage once they call...
Silicon Valley Latinas face the greatest wage gap disparities
Latinas in Silicon Valley have the largest pay gap of any large metropolitan area in California. Latinas had a median annual per capita income of $34,400 in 2022, compared to white males who made a median income of $102,000, according to a recent report by Hispanas Organized for Political Equality (HOPE). For every dollar a white male...
San Jose leaders sign off on East Side improvement plan
San Jose is moving forward with establishing its sixth business improvement district, giving East Side leaders hope for a thriving economic sector and community going into 2025. The San Jose City Council on Tuesday unanimously voted in favor of starting the Tully Road Eastridge Business Improvement District, a partnership between business owners and the city...
Settlement lets Cupertino keep millions in Apple sales tax revenue
Cupertino can keep millions of sales tax dollars from Apple, despite a lengthy state audit questioning the city’s tax agreement that left it with a budget shortfall. The city on Thursday announced a settlement with the California Department of Tax and Fee Administration, allowing Cupertino to retain sales tax revenue from Apple since the state...









