January 16, 2025    By: Tim Vi Tran,
By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Jan 15, 2025 After more than a year of trying to sell the property, CVS successfully offloaded a shuttered San Jose store. The property, at 5407 Camden Ave., sat vacant since the CVS store’s shutdown in 2023. An affiliate of the company sold the property for $9.25 million, according to records filed […]
December 23, 2024    By: Tim Vi Tran,
By ABJ staff Dec 12, 2024 Time magazine’s CEO of the year keeps busy by running chipmaker Advanced Micro Devices Inc. from Austin, Texas. AMD chief Lisa Su is in the global spotlight once again for building up a corporate powerhouse at a critical time in the industry. AMD “really is one of the great turnaround stories of […]
December 9, 2024    By: Tim Vi Tran,
By Jenna Martin and Gary J. Boulanger – Silicon Valley Business Journal Dec 9, 2024 STORY HIGHLIGHTS West Coast cities have high middle-class salary gaps. San Jose’s median income falls short by nearly $60,000. Middle-class salaries stretch furthest in Detroit and Memphis. With America’s middle class shrinking in both population share and income growth, a recent study looked to see how […]
December 1, 2024    By: Tim Vi Tran,
By Joanne Drilling – National Data Reporter, The Business Journals Nov 29, 2024 Restaurants are staring down a new reality in the post-pandemic world. After pivoting during the height of Covid-19, restaurateurs have been forced to navigate a labor shortage, soaring inflation and shifting consumer habits. The end result? Lower margins and, for many businesses, a battle to […]
November 28, 2024    By: Tim Vi Tran,
By Clare A. Fonstein – Reporter, Silicon Valley Business Journal Nov 27, 2024 STORY HIGHLIGHTS Capitol Square in Fremont sold to a private investor. The $100 million project completed in spring 2021. Capitol Square is fully leased with 11 storefronts. A major Fremont retail project sold this month, leaving the hands of the developers that created it […]
November 27, 2024    By: Tim Vi Tran,
By Anthony Duignan-Cabrera – Contributor, Silicon Valley Business Journal Nov 25, 2024 STORY HIGHLIGHTS Knightscope Inc. announced a public offering to raise $12.1 million. Knightscope signed a deal with Verizon Business for secure connectivity. Knightscope expanded services with Draganfly Inc. for aerial security. Knightscope Inc., a Mountain View company that focuses on AI and self-driving tech, hopes […]