California Business News

News Summary Composition Wealth, a national wealth management firm headquartered in Hauppauge, has expanded its portfolio significantly by acquiring two firms in California and Ohio.

News Summary California Insurance Commissioner Ricardo Lara has taken action against Innovative Partners, LP, for illegally selling misleading health insurance coverage. The cease and desist

News Summary California has achieved a remarkable milestone in clean energy, with 67% of its retail electricity supply coming from renewable sources in 2023. This

News Summary California avocado growers are facing significant challenges due to devastating wildfires and rising economic pressures. Despite suffering major losses, such as the destruction

News Summary California’s film and television industry is experiencing a significant downturn, with approximately 40,000 job losses attributed to recent strikes affecting writers and actors.

News Summary Residents near Saddleback College are opposing Compass Energy Storage’s plan for a 250-megawatt lithium battery storage facility due to safety concerns, especially regarding

News Summary A recent report from UC Berkeley reveals that California could significantly expand its renewable energy generation by utilizing underused thermal capacity and surplus

News Summary California is preparing for a significant increase in gas prices as two major oil refineries, Valero Benicia and Phillips 66, announce their closures.

News Summary California faces a gas crisis as two major oil refineries, Valero Benicia and Phillips 66, plan to close. These closures threaten to reduce

News Summary Six Flags Entertainment has announced significant layoffs affecting key leadership roles across its California parks, including Knott’s Berry Farm and Six Flags Magic