Economy

Economy

Santa Clara County wants to empower minority-owned businesses

Santa Clara County is launching a disparity study to level the playing field for minority-owned businesses. The county wants to be more inclusive by identifying underrepresented businesses facing language and cultural barriers that have been left out in the past. Dennis King, executive director of the Hispanic Chamber of Commerce Silicon Valley, said organizations that get...

San Jose commission says city should not allow billboards at airport

A city commission is recommending San Jose not proceed with building two digital billboards at Mineta San Jose International Airport. The San Jose Airport Commission voted 5-1 Wednesday to reject the project for a myriad of reasons, including concerns over community pushback, light pollution, energy use and transparency throughout the process. But commissioners also voted to accept...

San Jose wants feedback on downtown transportation plan

Downtown San Jose could look very different in 30 years. There could be more two-way streets, bicycle lanes and faster light rail. The future is being planned right now, and residents are invited to join. The city is working on a transportation plan for downtown San Jose, and wants feedback. The city’s goal is to create...

Santa Clara quietly settles lawsuit with chamber of commerce

This time last year, Santa Clara publicly threatened to sue its chamber of commerce for nearly $600,000 it claimed the city was overcharged—but the two sides quietly settled the dispute for about half that amount last fall. The city and the Silicon Valley Central Chamber of Commerce reached a settlement that requires the business group to pay the...

Silicon Valley lawmakers advance bill to improve fast-food working conditions

A dramatic change to fast-food worker protection could upend the franchise framework, and while labor advocates are happy to see it advance, franchise owners aren’t entirely onboard. State assemblymembers voted 43-13 on Thursday to approve amendments to Assembly Bill 257, the Fast Food Accountability and Standards Recovery Act (FAST). The bill envisions a state-appointed council to...

San Jose airport sees big holiday crowds despite COVID

Large numbers of travelers braved Mineta San Jose International Airport over the holidays even as a new COVID-19 variant ripped through the Bay Area. An estimated 478,000 people traveled in and out of San Jose’s airport during peak holiday traffic in December. Airport spokesperson Keonnis Taylor said this data comes from the TSA, which recorded passenger traffic...

San Jose’s idea to launch a public bank is off the table

San Jose lawmakers explored forming a public bank a few years ago, but it went nowhere. The idea was introduced by Councilmembers Magdalena Carrasco, Sergio Jimenez and Raul Peralez in a 2019 memo, after San Jose received information that led to the city exploring a banking contract with JPMorgan Chase. The institution had been accused...