Mayor Chuck Reed knows a thing or two about dealing with deficits, which may be why a South Bay consortium of local businesses has invited him to chime in on the CalTrain problem. Faced with a $30 million deficit, the rail line may have to cut services so that trains only operate during commuter rush hours. That would mean no midday service and no service on weekends.
Articles by Silicon Valley Newsroom
Violence is on the rise in San Jose, especially gang violence. That’s why the city held a Crime and Gang Prevention Summit this Saturday. Among the solutions it offered was greater involvement by faith-based initiatives. It hopes that volunteers mobilized by the churches will turn out en masse to help people leave gangs.
Developer Chuck Toeniskoetter has been named the new head of Team San Jose, following the resignation of Dan Fenton. Fenton recently resigned after a controversial tenure that saw the group that manages the Convention Center raising and losing money.
Hundreds of riders got on the Freedom Train yesterday to commemorate Martin Luther King, Jr.‘s famous march. The 27th annual commemorative ride was hosted by the Martin Luther King Jr. Association of Santa Clara. Participants included people of all ages, from those who remember Martin Luther King Jr. and the changes he brought to this country, to their children and grandchildren, who have grown up in a better, more equal America.
Oakland Police Chief Anthony Batts announced that he is one of the finalists for the job of top cop in San Jose. Batts has been in his current position for little over a year, but in that time he has had to deal with severe budget cuts, a reduced police force, and a tepid relationship with Mayor Jean Quan. Another top contender is Acting Police Chief Chris Moore.
An apparent murder-suicide Saturday night at a Campbell shopping center brought a bloody close to a ten-year-old case that may have been mishandled by local authorities. Eighteen months after Jeanine Sanchez Harms disappeared in 2001, Metro Silicon Valley published an investigation that named Maurice Xavier Nasmeh as a likely suspect in the murder of Harms. The article quoted several sources who criticized the handling of the case by the Los Gatos-Monte Sereno Police Department.
With money scarce and the future of the San Jose Redevelopment Agency hanging by a thread, the city has decided to sell off some of its properties to raise money for a new stadium for a transplanted Oakland A’s team. It may even have a buyer—none other than Oakland A’s owner Lew Wolff. Many of the properties for sale are adjacent to the Fairmont Hotel, which Wolff also owns.
There were 13,366 businesses and individuals declaring bankruptcy before the San Jose Division of the U.S. Northern California District Bankruptcy Court in 2010. It is a 16 percent increase over 2009, and 2011 shows no real signs for optimism.
On Thursday Intel reported a net fourth quarter income of $3.4 billion, which translated into 59 cents per share. Total revenues for the quarter were $11.5 billion, while annual revenues for 2010 were $43.6 billion. Share prices were up $2.05 over the previous year, making 2010 the most profitable year in the company’s history.
Microsoft is disputing Apple’s intention to trademark the term “app store.” They contend that it’s a generic term and cannot, therefore, be trademarked. Apple disagrees. Yes, “app” is short for “application software,” but it is also an abbreviated form of the company’s name, Apple.
