California Business News

News Summary Recent fluctuations in the stock market have raised concerns about California’s economy. As NASDAQ growth remains stagnant, unemployment rates are expected to rise.

News Summary Homeowners in California face significant home insurance rate increases due to recent wildfires, with State Farm General’s request for a 22% average hike

News Summary California homeowners are facing a potential 22% rate hike in homeowners insurance from State Farm, a response to the financial strain caused by

News Summary SureChoice Underwriters Reciprocal Exchange has launched a new non-admitted business owners policy tailored for California amidst ongoing wildfire challenges. This move comes as

News Summary Missouri pork producers are raising concerns about California’s Proposition 12, which imposes minimum space requirements for farm animals. The law, enacted in January

News Summary California is reeling from devastating wildfires, particularly in Los Angeles, resulting in an estimated $20 billion in insured losses. Thousands of buildings have

News Summary California’s Medi-Cal program is facing significant financial challenges as estimated costs for covering undocumented immigrants have surged dramatically. Governor Gavin Newsom is seeking

News Summary California’s CalKIDS initiative is poised to revolutionize education funding by providing scholarships to public school students. Designed to ease the financial burden of

News Summary Brown-Forman Corporation has announced a strategic partnership with Reyes Beverage Group, set to begin on May 1, 2025. This collaboration aims to enhance

News Summary California is currently vibrant with exciting developments across various sectors, including technology, food, and entertainment. Retailers are utilizing artificial intelligence to combat shoplifting,