California Business News

California’s Economy in Jeopardy as Mass Deportation Plans Unfold

News Summary As the Trump administration advances mass deportation plans, California's economy faces significant threats. With millions of undocumented workers…

21 hours ago

California’s Home Insurance Crisis Deepens After Pacific Palisades Fire

News Summary The Pacific Palisades community faces a severe home insurance crisis following a catastrophic fire that destroyed over 10,000…

21 hours ago

California’s Antitrust Laws Set for Major Revisions

News Summary The California Law Revision Commission aims to implement significant changes to the state's antitrust laws, focusing on monopolistic…

21 hours ago

Gold Flora Cannabis Company Requests Receivership Amid Financial Struggles

News Summary Gold Flora, a Southern California cannabis company, is seeking receivership due to severe financial issues, with liabilities surpassing…

21 hours ago

Los Angeles County Sales Tax Set to Rise in 2025

News Summary Starting April 1, 2025, Los Angeles County will see a sales tax increase from 9.5% to 9.75%. This…

21 hours ago

California’s Gas Price Dilemma Revealed by New Study

News Summary A recent study by Michael Mische from USC Marshall School unveils that California's high gas prices may be…

21 hours ago

Chevron Relocates Headquarters from California to Texas

News Summary Chevron has announced its plans to move its corporate headquarters from San Ramon, California, to Houston, Texas, citing…

3 days ago

Tariff Trouble in Malibu: Price Hikes Ahead for Local Businesses

News Summary Malibu businesses are bracing for significant price increases due to the ongoing trade war and imposed tariffs by…

3 days ago

California Expands Insurance Coverage Amid Wildfire Crisis

News Summary California is expanding the California FAIR Plan to offer greater insurance coverage for properties amid the escalating wildfire…

3 days ago

Sales Tax Increase in Los Angeles County to Support Homeless Services

News Summary Beginning April 1, residents of Los Angeles County will see an increase in the sales tax from 9.5%…

3 days ago