Downtown Sacramento used to be a dump with a capital D. It was a place for work during the week, but crime and trash made people scatter on nights and weekends. That changed in the mid-1990s when property owners realized blight was bad for business and decided an urban overhaul was in order.
In 2012, the Capital Region ranked 48th of a total of 100 metro areas on total value of exports and 95th on export intensity. Can more be done?
Barry Broome has been tapped as the president and CEO of the newly formed Greater Sacramento Area Economic Council and will drive the organization’s mission to attract businesses to the Capital Region. His extensive background in economic development includes six years as the CEO of Southwest Michigan First and 10 years as the president and CEO of the Greater Phoenix Economic Council.
After a decade at the helm of Sacramento State’s College of Business Administration, Sanjay Varshney in late August accepted a position as a vice president and wealth advisor at Wells Fargo Bank—Wealth Management Group. Varshney is a professor of finance at Sac State. He is also the chief economist for the Sacramento Business Review, making him one of the region’s preeminent voices on economics, business and higher education.
California has long been known as the land of opportunity, but for too many residents, opportunity is receding. Inequality continues to rise even though California has one of the most progressive tax structures in the nation. Something more is needed.
Senate Bill 8 — the Upward Mobility Act — is one piece of legislation that has reared its ugly head and poses a real threat to small-business owners in California.
Momentum is shifting in the Capital Region, and young professionals are leading the charge. General skepticism is being replaced with emerging optimism and a renewed energy that’s providing the catalyst for growth and innovation across our cities. Here are the top ten young leaders we think you should be watching. They are driving the Capital Region’s evolution, and we anticipate you’ll see them at the forefront in 2015 and decades to come.
Fun facts about where your money, and everyone else’s, is going.
Clients borrow money from banks for a variety of reasons, one of which is to increase the tax efficiency of a particular transaction. And with increased federal and state tax rates, tax efficiency is an appealing concept to almost everyone.
Newly minted Assembly Minority Leader Kristin Olsen has developed a well-earned reputation around the Capitol as a woman on the move.
The market for cutting-edge, sustainable homes has traditionally been small, primarily pursued by industry experts and boutique developers who can both appreciate and afford them. But that’s about to change.
After managing the development of property and business improvement districts across California, in January Verna Sulpizio became the new executive director of the Florin Road Partnership, a PBID that spans Florin Road from Chandler Drive to Tamoshanter Way.
Sacramento’s streetcar project gained steam Feb. 2 when supporters received promising news about federal funding, but opponents still question the streetcar’s potential benefits to downtown’s economic development.
California’s business climate is well-known for being unfriendly. CEO Magazine has rated California as the worst state in which to do business for more than eight years running. Undoing Proposition 13’s provisions, as is currently being proposed, will make a big problem even worse by increasing taxes on the very businesses that create jobs and contribute to our economy.
A long-time small-business owner before entering politics, California Senator Ted Gaines has become a key figure in some of the most important political crusades facing the Sacramento region in recent years, including the battle to save the Kings and efforts to keep electric carmaker Tesla in the Golden State.
Longtime Placer County supervisor Kirk Uhler was recently selected as the new CEO of the Sacramento Area Regional Technology Alliance. Uhler is also the owner of Roseville-based Rensa Group, a marketing, communications and government relations firm, and the co-founder of VidGage, a social media platform.
On behalf of your local Chase team, I would like to thank Northern California’s brave men and women for their service to our country. We are truly inspired by your dedication to our nation and by the tremendous sacrifices you have made.
New legislation mandates California businesses to provide paid sick days to employees who do not already have access to paid time off. The Healthy Workplaces, Healthy Families Act (Assembly Bill 1522) was signed by Gov. Brown in September, making California the second state to implement statewide paid sick leave, following Connecticut.
Existing business expansion is the single biggest source of job creation in the United States, accounting for nearly two-thirds of new jobs nationally, according to the Bureau of Labor Statistics. That’s why the Sacramento Metropolitan Chamber of Commerce is bolstering small businesses by kicking off a one-stop shop for regional employers looking to grow and expand.
Matt Yancey has been selected as the new CEO of the Davis Chamber of Commerce after serving more than seven years as the director of business and economic development at the Sacramento Metro Chamber. So how do you grow a city that’s been historically anti-growth?