Business

Newsom Talks Shop in San Jose

Lt. Gov. Gavin Newsom made an appearance Friday at an event hosted here in San Jose by the Silicon Valley Leadership Group. At the event, he proposed several plans to boost the state’s economy while also eliminating agencies that he says are redundant.

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Nancy Pyle Pushes for Tax Change

As city staff studies a number of proposals on how to fix San Jose’s budget crisis, one idea in particular is likely to have some local business owners up in arms. Councilmember Nancy Pyle submitted a memo at Tuesday’s council meeting that recommends modifying the business tax for establishments that offer services. These businesses are taxed by the number of employees they have rather than sales.

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Stadium, Pension Cuts on Same Ballot?

Mayor Chuck Reed sent a letter to Bud Selig last week, once again urging the Major League Baseball commissioner to come to a decision that would grant the Oakland A’s permission to relocate to San Jose. A few days later, the mayor announced that San Jose was in a fiscal and public safety emergency, and he wants the city to move toward putting measures on a November ballot to slash public-employee retirement benefits. The timing of the two actions could be coincidental. But then again, maybe not.

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Mahood Takes Over as Chamber CEO

Matthew Mahood, 45, has been named the next president and CEO of the San Jose Silicon Valley Chamber of Commerce. Coming over from the Sacramento Metro Chamber of Commerce, where he has held the lead role since 2002, Mahood will be replacing Pat Dando.

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Pot Tax Nets City $290K

In its first month of collecting taxes on medical marijuana being sold inside city limits, San Jose took in almost $290,000. And it appears more money is still on the table. Less than three-quarters (73) of San Jose’s 100-plus collectives paid the business tax in March, according to city figures.

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Cinco de Mayo Comes to an End

Cinco de Mayo won’t be quite the extravaganza it normally is this year. San Jose’s annual parade and festival has been canceled. Mounting costs and a lack of cooperation from the city were reasons cited for the cancellation, according to the American GI Forum, a veterans group that puts on the celebration.

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City Protects Land in Hopes of Baseball Stadium

The future of professional sports in the nation’s 10th largest city is in limbo. In furious preparations for an opportunity that may never materialize—and to protect the land holdings that may one day house a ballpark—San Jose has taken extraordinary steps.

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Dando Extends Stay as Chamber CEO

Pat Dando confirmed Wednesday that she will be extending her stay as CEO of the San Jose Silicon Valley Chamber of Commerce. Dando has held the role since the summer of 2005 and was expected to have her last day at the end of this month.

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Downtown’s VooDoo Lounge to Close

Just when the South Bay live music gets back on its own two feet again, along comes something new to kick a leg out from under it. VooDoo Lounge, the 300-capacity nightclub that’s brought the most diverse mix of shows to downtown San Jose for the last 11 years, is closing at the end of February.

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Dean Singleton, Merc’s Owner, Steps Down

Dean Singleton announced yesterday that he is stepping down as CEO of MediaNews Group—the Denver based company that owns the San Jose Mercury News along with most of the newspapers in the Bay Area. Amid speculation that the move was forced on him by a New York hedge fund that controls the company, Singleton insisted that he wants to focus on strategic planning and leave day-to-day management behind.

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