Former tech executive elected to San Jose City Council only two years ago wins mayor’s race, defeating fellow Democrat Cindy Chavez despite her having more money and Big Labor’s backing.
Palo Alto-born entrepreneur becomes a poster child for the risk and excess of the largely unregulated cryptocurrency industry as the exchange he ran, FTX, collapses, wiping out his $16 billion fortune.
Texas company announces it will close its Cupertino cement plant that has sparked complaints and environmental violations for years. But it will keep operating the adjacent quarry.
Source:: The Mercury News