California Business News

News Summary California’s largest home insurer, State Farm, has requested an 11% increase in homeowners insurance rates, adding to a previously approved 17% hike. If

News Summary The U.S. Senate is set to vote on a measure that could reverse California’s ban on new gas-powered car sales by 2035. With

News Summary Eastbound international container volumes from Southern California have plummeted to a six-month low, reflecting the ongoing U.S.-China trade war’s impact. A 5% drop

News Summary Walmart is set to permanently close five stores across California by the end of 2025 as part of a strategy to focus on

News Summary California’s Governor Gavin Newsom’s administration has proposed significant cuts to crucial energy assistance programs due to a notable budget shortfall. Advocates warn that

News Summary California Governor Gavin Newsom has proposed an enrollment freeze for low-income undocumented immigrants in state-funded health care, Medi-Cal, starting in 2026. This move

News Summary California is witnessing significant changes in various sectors including transportation, food services, and business regulations. Uber’s new bus-like service aims to improve urban

News Summary California has officially overtaken Japan to become the world’s fourth-largest economy, with a nominal GDP of $4.1 trillion. Governor Gavin Newsom highlighted that

News Summary Talanx Group has announced record first-quarter results for 2025, achieving a net income of €604 million, up from €576 million in Q1 2024.

News Summary California’s new climate disclosure laws, requiring companies to report greenhouse gas emissions and climate-related financial risks, have received strong public backing. According to