California Business News

Los Angeles Wildfires Drive Urgent Rebuilding Discussions

News Summary Following significant wildfires, Los Angeles is facing a $1 billion budget deficit as it seeks to rebuild. Mayor…

1 week ago

California Ranks Fourth for Online Entrepreneurs

News Summary California has been ranked fourth in a recent study assessing the best U.S. states for online entrepreneurs. Evaluated…

1 week ago

California Renters Sticking Around in Competitive Market

News Summary In early 2025, California renters are staying longer in their homes due to a tight housing market, averaging…

1 week ago

California Proposes Increased Tax Credit for Film and TV Production

News Summary California is looking to enhance its appeal to filmmakers by proposing to raise the film and TV production…

1 week ago

California Lawmakers Propose Major Film and TV Tax Credit Boost

News Summary California lawmakers are considering significant reforms to the Film and Television Tax Credit Program, proposing an increase in…

1 week ago

23andMe Faces Bankruptcy and Leadership Changes

News Summary 23andMe, the genetic testing company, has filed for Chapter 11 bankruptcy in Missouri. Once valued at $6 billion,…

2 weeks ago

23andMe in Turmoil: Bankruptcy Filing Raises Concerns

News Summary 23andMe has filed for Chapter 11 bankruptcy, alarming over 15 million customers regarding the safety of their genetic…

2 weeks ago

California Winemakers Concerned Over Proposed 200% Tariff on EU Wines

News Summary California winemakers express concern over a proposed 200% tariff on European wines that could disrupt the industry. While…

2 weeks ago

California Homeowners Face New Fees Amid Economic Concerns

News Summary California homeowners are bracing for the impact of a new fee that will affect approximately 8 million residents.…

2 weeks ago

American Business Bank Opens New Office in San Diego

News Summary American Business Bank has opened a new Loan Production Office in San Diego, located at 4727 Executive Drive,…

2 weeks ago