Economy

Economy

San Jose council divided on core budget issue

San Jose Mayor Matt Mahan sought to reduce the number of votes needed to pass his Measure E spending plan. Councilmembers resoundingly said no—partly because there are two alternative plans, widening the gap between Mahan and his colleagues. On Wednesday, Mahan released his $5.2 billion budget proposal for the next fiscal year. In it, he snuck in an...

Writers strike comes to Cupertino—Apple’s front door

While Apple held its annual Worldwide Developers Conference, the Writers Guild of America West (WGAW) organized outside the company’s visitor center to protest unfair wages and job security. Members of the local guild leafletted and made speeches on Monday, voicing their frustrations over an ongoing labor dispute between WGAW and the Alliance of Motion Picture and...

UPDATE: San Jose unveils $5 billion budget with surplus

San Jose’s final draft of its multi-billion dollar budget is out and Mayor Matt Mahan is sticking to his “back-to-basics” approach—prioritizing homelessness, crime and blight. Mahan released his June budget message today, outlining how he plans to allocate the city’s $5.2 billion purse. The monthslong budget process started smoothly, with unanimous approval of his first...

San Jose loses another beloved restaurant

The Evergreen community has lost a beloved restaurant after almost 20 years due to unplanned hardships caused by the pandemic and family health. In a letter taped to the restaurant’s door, Evergreen Inn & Pub owners Hector and Emily Lopez said they were closing their cherished restaurant with heavy hearts and thanked their loyal customers....

DoorDash ghost kitchen turns San Jose into testing ground

An opportunity to try new restaurant menus beyond a brick and mortar location is a hot concept in Silicon Valley. DoorDash plans to operate a ghost kitchen at The Plant Shopping Center off Curtner Avenue in San Jose. This pickup- and delivery-only service model lets fledgling and out-of-area restaurants test new markets while avoiding the...

San Jose flea market changes prove costly for vendors

San Jose Berryessa Flea Market vendors will have to pay more rent for their stalls as part of ongoing changes in the massive redevelopment of the property. The property owners are asking for an additional 5.5% per location. Vendors learned about the rate hike days after the first meeting of the Berryessa Flea Market Advisory...

San Jose pot shops may move into more locations

San Jose wants more cannabis dispensaries, so it’s looking to relax rules on where and how they can open in the city. Right now, existing dispensaries have the green light from the city to grow—but there are no eligible locations to do so. A new policy is making its way to the San Jose City Council that may allow them...

Santa Clara County scores 2026 Super Bowl

The Super Bowl is coming back to Levi’s Stadium, and businesses and residents are welcoming one of the nation’s largest sporting events even though it’s three years away. Levi’s Stadium in Santa Clara, home to the San Francisco 49ers, will host Super Bowl 60 in 2026 a decade after it hosted Super Bowl 50 in...