Business

How confident are you about your retirement savings? That might seem like a difficult question to answer. Maybe a better question is – do you own your home? If your answer is no, you're not alone. Retirement-age homeowners are more likely than ever to carry mortgage debt. According to a USA Today analysis of census data, more than 28 percent of homeowners age 65 or older owe on their homes. That might not seem like an outrageous percentage, but when compared to about 21 percent in 1990 and about 19 percent in 1980, the trend is obvious.

The Gilroy Planning Commission is recommending an ordinance that aims to promote a “good neighbor” policy for businesses and residents downtown. The commission voted 6-1 for the new ordinance April 4, with Commissioner Casey Estorga dissenting. The ordinance will now head to the city council...

Indian Motorcycle of Hollister will celebrate its grand opening April 11-12 at the new showroom located at 411 San Felipe Road. The Indian Motorcycle factory demo truck will be onsite both days giving motorcycling enthusiasts the opportunity to ride the new 2014 Indian Chief line-up. Also as part of the grand opening celebration Branscombe Richmond from the TV-series Renegade and Sturgis Motorcycle Hall of Fame Inductee will make a special appearance all the way from the Aloha state for the two-day long celebration. There will also be plenty of music, food, beverages and giveaways to keep the party rolling. Demo rides are free and open to all licensed riders with a valid motorcycle endorsement. Details: Christie Obata at (408) 842-8244.

Hewlett-Packard third quarter profit surges, beat expectations

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