Economy

Economy

Bay Area business groups consider partnership to expand influence

Two major business advocacy organizations representing hundreds of the region’s biggest companies are considering joining forces to expand their influence in critical policy areas, including artificial intelligence and housing. Leaders of San Francisco-based Bay Area Council and San Jose-based Silicon Valley Leadership Group are formally exploring a partnership “to create the nation’s most influential business...

Cupertino golfers will pay more to play course

Cupertino is raising fees at one of its most beloved golf courses — and golfers say it’s on par with what the course needs. The Cupertino City Council on Tuesday discussed the plan to raise fees at the popular city-owned Blackberry Farm Golf Course. The city hopes the increase will help keep the course maintained...

San Jose-raised NFL player is energizing downtown

San Jose native and NFL cornerback Chidobe Awuzie has long used his fame and influence to support children in the city where he was raised, hosting annual youth football camps at his alma mater and local stadiums since 2018. But for the past couple of years, Awuzie, who goes by the nickname Chido, has set...

Silicon Valley economy sees slow rebound post-pandemic

Silicon Valley is not experiencing the same booming energy and rapid growth it’s known for as the local tech economy continues adjusting to a post-pandemic reality — but researchers say the region is still a powerful hub of innovation that is fully recovering. While Silicon Valley remains a place of massive wealth, longstanding disparities persist. With...

Cupertino City Council nixes tax measure from ballot

Cupertino may be facing a budget deficit next fiscal year, but the city won’t ask residents to dig deeper into their wallets to help. The Cupertino City Council unanimously voted to stop exploring ways to create new taxes or increase taxes at last Wednesday’s meeting, after the majority of small business owners surveyed said they...

Upcoming San Jose budget avoids shortfall — for now

Contrary to prior predictions, San Jose will not see a budget shortfall this upcoming fiscal year. San Jose is in better financial shape than expected for the 2024-25 budget. The city will not see a surplus or deficit, but will still have to be conservative with spending as it braces for the years ahead, according to...