Thursday, 21 August 2014
Last updated 2 hours ago
Jan 15 2009 | 2:54am ET
The clean technology industry offered a bright spot in an otherwise dreary economic picture for the city of San Jose, Calif.
Mayor Chuck Reed vowed to push ahead with San Jose’s program to generate 25,000 green jobs in the Bay Area’s largest city, noting that 1,500 clean-tech jobs were created last year.
“San Jose and Silicon Valley have survived many economic downturns,” Reed said. “Our ability to innovate has pulled us out of economic slumps and made us stronger.”
The rest of the mayor’s annual state of the city speech focused on the city’s somewhat dire economic situation. San Jose may be forced to lay off as many as 20 city employees this monthm with hundreds of additional cuts possible. The city is facing a $60 million budget deficit.
Aug 4 2014 | 7:42am ET
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The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note