Economy
The city of Richmond is pushing for small businesses to participate in an energy efficiency program that could save them 20 percent on utility bills.
Richmond City Council member Tom Butt and the Rosie the Riveter Visitor Center were honored at the 2013 California Preservation Awards last week.
The relationship between the Chevron refinery and the city of Richmond is often described as adversarial. But in the midst of all of the tension, the company says it is committed to its long-standing philanthropic relationship with Richmond.
The U.S. federal government went into partial shutdown today. Only essential employees remain on staff. This means government service cuts and employee furloughs in Richmond.
From the bay, the city of Richmond boasts a shoreline ripe for new development. The problem is, most investors don’t ever get to see it. The West Contra Costa County Council of Industries, a business coalition, held its Richmond Harbor yacht tour on Wednesday, an event that meets new and potential business owners with city leaders to discuss bringing new enterprises to Richmond. The event served as an opportunity for the council to flex its muscles, but for many of…
A bill passed by the Republican-dominated House of Representatives on Thursday aims to cut food stamps or the Supplemental Nutritional Assistance Program (SNAP) by $40 billion. An estimated 4,522 Richmond households might be affected if the federal food stamps program were to be dramatically cut back.
As critics point out, the people behind Mortgage Resolution Partners bear some striking similarities to the Wall Street bankers they’re ostensibly fighting. Chairman Steven Gluckstern says that although all three of the firm’s partners have worked for financial institutions in various capacities, none of them have any connection to the mortgage-backed securities that created the financial crisis of the mid-2000s.
The Richmond real estate market, like the rest of the state, is on the rebound. And some of that recovery is thanks to investors who are able to buy homes without taking out a loan. That’s great news for both sellers and real estate agents, but it leaves limited selection for buyers who don’t have access to a lot of cash.
In forty years, a humble scattering of buildings along Richmond’s south shoreline could become an internationally recognized hub for scientific research. But presently the site remains just a small cluster of offices, warehouses, and labs, primarily used by UC Berkeley for engineering projects, and many in Richmond are asking when will the project get underway.