News

Santa Clara County Beats Water Conservation Goals Second Month in a Row

For the second month in a row, Santa Clara County exceeded conservation goals set by the Santa Clara Valley Water District and by Gov. Gavin Newsom, reducing water use by 16% compared to 2019. The recommended target was 15%. “It’s encouraging to see local residents and businesses taking action during this severe drought emergency,” said John L. Varela, Valley Water Chair Pro Tem.

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IPO Drought Rings Ominous Warning Bell for California Economy

A of Sept. 30, initial public offerings in California had raised just $177 million, compared to an average of $16 billion during the same period over the past five years. That's just 2% of funds generated by U.S. companies that went public through the end of September. Last year at this time, California accounted for 39% of funds nationally.

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