San Jose mulls downtown business incentives

San Jose Councilman Sam Liccardo is suggesting waiving fees, offering free parking and reimbursing companies for the taxes they generate to encourage businesses to locate in the city's downtown.
Liccardo, whose council district includes the downtown, said Monday that as the country emerges from the worst recession in 75 years, the city must seize opportunities to […]

Arizona is enticing despite bank woes

As if being a banker in Missouri isn’t tough enough these days, Peter Benoist of Enterprise Bank wants to set up shop in the real estate disaster zone known as Phoenix — in the skeleton of a failed bank, no less.
The banking business in Arizona is sickly indeed. The state’s banks have lost […]

New Phoenix Coyotes owners commit to long-term lease

The prospective new owners of the Phoenix Coyotes are willing to sign a long-term lease to keep the team in Arizona, but they also are looking at playing some “home” games in western Canada to boost revenue and attendance.
Ice Edge Holdings Inc. also is talking about parking charges at the Glendale-owned Jobing.com Arena to help […]

Intel rebound brightens outlook for PC industry

Intel Corp. said Thursday that its fourth-quarter profit blew past expectations, confirming a rebound in the recession-battered personal computer market is underway.
Intel’s bright profit outlook for 2010 means the No. 1 maker of computer microprocessors sees a lasting recovery past the stellar fourth quarter — not an isolated holiday shopping blip.
[…]

Stocks stage late advance

A tech rally propelled the Nasdaq and helped the broader market erase losses Friday, as investors took in stride a surprisingly weak jobs report amid other recent signs that the economy appears to be stabilizing.
The Dow Jones industrial average (INDU) added 11 points, or 0.1%. The S&P 500 index (SPX) gained 3 points, or […]

U.S. Economy: Payrolls Unexpectedly Dropped 85,000

The U.S. unexpectedly lost 85,000 jobs in December, supporting Federal Reserve forecasts that a labor market recovery will take time and making it more likely interest rates will stay near zero for the next six months.
Payrolls fell last month after a revision showed a gain of 4,000 in November, the first in almost […]

HBJ readers hope to slim waistlines

Despite any concerns about economic woes, more Houston Business Journal readers want to focus on their health in the new year.
Of the 328 responses to this week’s BusinessPulse survey asking about New Year’s resolutions, 26 percent said they want to lose weight. That was closely followed by 24 percent who didn’t make resolutions.
Other survey choices […]

DBJ Business Pulse: One-third expect to add jobs in 2010

One-third of DenverBusinessJournal.com readers who responded to our latest Business Pulse question said they expect their business will add at least a few new jobs in 2010.
In our unscientific online opinion survey, the percentage of readers who predict new positions at their company outnumber those who expect job cuts, 34 percent to 22 percent.
Another 22 […]

Home Prices in 20 U.S. Cities Rose for Fifth Month

Home prices in 20 U.S. cities rose in October for a fifth consecutive month, putting the housing market and economy farther along the path to recovery.
The S&P/Case-Shiller home-price index increased 0.4 percent from the prior month on a seasonally adjusted basis, after a 0.2 percent rise in September, the group said today in […]