California Business News

California Tax Credit Program Faces Legislative Setbacks

News Summary California's film and television tax credit program is at risk as lawmakers backtrack on a proposed increase from…

1 week ago

The Business Journal Achieves Record 10 Awards at Journalism Competition

News Summary The Business Journal has made headlines by winning a remarkable 10 first-place awards at the 2024 California Journalism…

1 week ago

California Homeowners Face Rising Insurance Premiums

News Summary California is bracing for a possible 30% increase in homeowner insurance premiums as State Farm plans to raise…

1 week ago

US Senate Votes to Repeal California’s Gas Car Ban

News Summary In a landmark vote, the US Senate has approved a resolution to repeal California's 2035 ban on gasoline-powered…

1 week ago

California Governor Proposes 67% Cut to Journalism Funding

News Summary California Governor Gavin Newsom has proposed a drastic 67% reduction in funding for a program aimed at supporting…

2 weeks ago

State Farm Seeks Additional Rate Increase Amid Wildfire Claims

News Summary State Farm is requesting an 11% increase in homeowners' insurance rates in California, following an already approved 17%…

2 weeks ago

California Senate Prepares to Vote on Gas-Powered Car Ban

News Summary California is at a critical juncture as the U.S. Senate is set to vote on lifting the state's…

2 weeks ago

California Container Volume Drops Amid Trade Tensions

News Summary Eastbound international container volume from Southern California has dropped to its lowest level in six months, with a…

2 weeks ago

Walmart Announces Permanent Store Closures in California

News Summary Walmart has confirmed the closure of five stores in California by the end of 2025 as part of…

2 weeks ago

California Budget Cuts Threaten Energy Assistance Programs

News Summary California is facing significant proposed cuts to energy assistance programs as Governor Gavin Newsom's administration navigates a considerable…

2 weeks ago