Economy

Valley Water crews have dug about 160 feet into a giant tunnel that will be able to divert massive volumes of water out of Anderson Reservoir when the Anderson Dam Seismic Retrofit Project is completed.  The 20-foot diameter tunnel—which will be 1,750 feet long when...

Gov. Gavin Newsom and state Sen. Nancy Skinner announced a proposal Dec. 5 to penalize oil companies in an effort to deter gas price gouging. The proposal would make it illegal for oil companies to charge excessive refining margins—the price difference between the cost of...

The County of Santa Clara Department of Tax and Collections (DTAC) published a list of 127 individuals and businesses who are potential owners of $89,017 in unclaimed general collections monies.  Potential owners who qualify for these monies must file claims by Nov. 11. The list...

The historic heat wave that has gripped most of California this week has resulted in broken temperature records, prompted cities and counties to open public “cooling centers” for the vulnerable, limited outdoor school activities—and might have even damaged a stretch of highly traveled asphalt...

Gov. Gavin Newsom and legislative leaders reached a nearly $300 million budget agreement on June 21 that closes a $46.8 billion deficit that was projected for the coming fiscal year with across-the-board cuts of nearly 8% to every department.  The $297.5 billion budget is proposed...

California is in a budget hole, its depth measured not in feet, but in dollars. How deep? A projected $38 billion deficit, according to Gov. Gavin Newsom, who said Jan. 10 he will declare a fiscal emergency when necessary and unveiled his initial plan to...

Santa Clara County planning officials have released the draft Environmental Impact Report for the 403-acre Sargent Ranch quarry project that is proposed south of Gilroy. The public comment period on the EIR began July 25 and will continue until Sept. 26, according to county staff. Representatives...

In a step toward building the first massive wind farms off California’s coast, three Assemblymembers on Feb. 12 proposed a $1 billion bond act to help pay for the expansion of ports. The bill, if approved, would place a bond before voters aimed at helping...

To call Keith Larson a superfan of “A Christmas Story” might be an understatement. The San Jose native still remembers that clear winter day as a 9-year-old in 1983, when the power tripped off in his neighborhood without a known reason. On a whim, the family...

Santa Clara County secured an $11.1 million grant to address homelessness in San Jose and throughout the county, federal housing officials announced April17. The county is one of 62 communities receiving their share of $486 million in funds from the U.S. Department of Housing and...