California Business News

News Summary The California Heat Pump Partnership is working to accelerate the installation of heat pumps to meet the goal of 6 million by 2030.

News Summary Following significant wildfires, Los Angeles is facing a $1 billion budget deficit as it seeks to rebuild. Mayor Karen Bass and state lawmakers

News Summary California has been ranked fourth in a recent study assessing the best U.S. states for online entrepreneurs. Evaluated on business survival rates, cost

News Summary In early 2025, California renters are staying longer in their homes due to a tight housing market, averaging 33 months compared to the

News Summary California is looking to enhance its appeal to filmmakers by proposing to raise the film and TV production tax credit to 35%. This

News Summary California lawmakers are considering significant reforms to the Film and Television Tax Credit Program, proposing an increase in funding to $750 million annually

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

News Summary 23andMe has filed for Chapter 11 bankruptcy, alarming over 15 million customers regarding the safety of their genetic data. CEO Anne Wojcicki has

News Summary California winemakers express concern over a proposed 200% tariff on European wines that could disrupt the industry. While some see potential benefits for

News Summary California homeowners are bracing for the impact of a new fee that will affect approximately 8 million residents. As inflation continues to rise,