California Business News

Small Business Optimism Sees Slight Decline in January

News Summary In January, small business optimism dipped slightly, according to the National Federation of Independent Business (NFIB). Despite this…

20 hours ago

California Proposes Major Cuts to Journalism Funding

News Summary Governor Gavin Newsom has announced a significant 67% reduction in funding for the California Journalism Preservation Act, diminishing…

20 hours ago

State Farm Requests Additional Rate Hike for Homeowners Insurance in California

News Summary State Farm has requested an 11% increase in homeowners' insurance rates in California, following a previously approved 17%…

2 days ago

California Senate Vote on EV Mandate Looms

News Summary California is set for a key Senate vote next week that may result in lifting the ban on…

2 days ago

California Faces Declining International Container Volume Amid Trade War

News Summary California is experiencing a significant decline in eastbound international container volume due to the ongoing U.S.-China trade war.…

3 days ago

Walmart to Close Five Locations in California by 2025

News Summary Walmart has announced the permanent closure of five stores in California to improve profitability and focus on higher…

3 days ago

California Proposes Cuts to Energy Assistance Programs

News Summary California is facing significant cuts to its energy assistance programs due to a budget shortfall, raising concerns among…

3 days ago

California Proposes Enrollment Freeze for Undocumented Immigrants in Medi-Cal

News Summary California Governor Gavin Newsom has announced a proposal to freeze enrollment for low-income immigrants without legal status in…

4 days ago

California Sees Major Business Developments and Safety Concerns

News Summary Recent developments in California highlight significant changes in the business landscape, including Uber's new bus-like service, a DoorDash…

4 days ago

California Overtakes Japan as Fourth-Largest Economy

News Summary California has officially surpassed Japan to become the world’s fourth-largest economy, with a nominal GDP of $4.1 trillion.…

5 days ago
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