California Business News

The Business Journal Achieves Record Wins at California Journalism Awards

News Summary The Business Journal celebrated its largest-ever haul of California Journalism Awards, securing 10 first-place and seven second-place awards.…

2 months ago

California Homeowners Face Major Insurance Rate Hikes

News Summary State Farm General has proposed a significant 30% increase in homeowner insurance rates across California, following a recent…

2 months ago

US Senate Votes to Repeal California’s Gasoline Vehicle Ban

News Summary The US Senate has voted 51-44 to repeal California's planned ban on gasoline-powered cars by 2035, undermining the…

2 months ago

California Governor Proposes Major Cuts to Journalism Funding

News Summary California Governor Gavin Newsom has proposed a 67% cut to journalism funding, reducing it from $30 million to…

2 months ago

State Farm Seeks Additional Rate Hikes for Homeowners Insurance

News Summary California's largest home insurer, State Farm, has requested an 11% increase in homeowners insurance rates, adding to a…

2 months ago

California’s Gas-Powered Car Ban Faces Senate Vote

News Summary The U.S. Senate is set to vote on a measure that could reverse California's ban on new gas-powered…

2 months ago

Decline in Container Volumes Signals Trade War Impact

News Summary Eastbound international container volumes from Southern California have plummeted to a six-month low, reflecting the ongoing U.S.-China trade…

3 months ago

Walmart to Close Five California Stores by 2025

News Summary Walmart is set to permanently close five stores across California by the end of 2025 as part of…

3 months ago

California Faces Major Cuts to Energy Programs Amid Budget Shortfall

News Summary California's Governor Gavin Newsom's administration has proposed significant cuts to crucial energy assistance programs due to a notable…

3 months ago

California Proposes Enrollment Freeze for Undocumented Immigrants

News Summary California Governor Gavin Newsom has proposed an enrollment freeze for low-income undocumented immigrants in state-funded health care, Medi-Cal,…

3 months ago