Economy

Economy

SVO rebrands to San Jose Chamber of Commerce

San Jose’s largest business organization got a facelift with a new CEO in the spring. Now it’s changing its name too. The Silicon Valley Organization, a business chamber that represents more than 1,000 companies in the city, will now be called the San Jose Chamber of Commerce—bringing the city’s name back into the organization for the...

San Jose worker protests heat, wage theft at Burger King

A San Jose worker is blowing the whistle on Burger King for forcing employees to work in dangerously hot conditions and denying them rest breaks. On Friday, Rosa Vargas protested in front of a Burger King on Almaden Road for allegedly failing to protect her and other employees from excessive heat and wage theft. Vargas,...

Art installation could bring economic growth to downtown San Jose

San Jose is counting on a new art installation to help spark economic growth downtown. City officials hope the Serpentine Pavilion, a curvaceous, temporary structure constructed of fiberglass blocks, will revitalize the downtown area by attracting art shows, speaker series and other performances.  Originally designed by Bjarke Ingels for the annual Serpentine Galleries architecture competition in London, developer...

Higher business taxes in San Jose: Five years later

Five years ago, San Jose created Measure G, a tax to make businesses pay for the increasingly expensive costs of living and inflation. Businesses have seen a tax hike this year because of the measure, but city officials say they’re also seeing positive effects. Measure G updated the city’s 30-year-old tax code to better address...

These San Jose nonprofits received the most PPP loan money

The federal Paycheck Protection Program awarded roughly $122 million to more than 360 nonprofits in San Jose this past year to weather the pandemic, according to recent data from the Small Business Administration. As COVID-19 shuttered social gatherings and in-person services, local nonprofit leaders said the loans were vital to prevent layoffs and cuts to programming. “Getting...

Some San Jose bar owners requiring proof of vaccination

If you want to grab a drink in San Jose, you might soon have to show you got a COVID-19 shot — just like San Francisco. Haberdasher, a speakeasy-themed bar in downtown San Jose, announced a day after the state reopened it would require proof of vaccination to enter. A banner on the bar’s website...

Which San Jose industries received the most PPP money?

San Jose businesses received more than $2.3 billion in federal funding to keep workers on the job during the COVID-19 pandemic. The Small Business Administration (SBA) approved more than 11.8 million loans through three rounds of Paycheck Protection Program applications, with California having the most loan money approved out of any state, according to federal data....