California Business News

California Governor Proposes Enrollment Freeze for Medi-Cal

News Summary California Governor Gavin Newsom has proposed a freeze on enrollment for low-income immigrants without legal status in the…

2 weeks ago

Uber Expands Transit Options Amid Safety Concerns

News Summary Uber has launched a new bus service in California, expanding its transportation offerings amid rising safety concerns regarding…

2 weeks ago

California Surpasses Japan as Fourth-Largest Economy

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

2 weeks ago

California’s Strong Support for Climate Disclosure Laws

News Summary California is seeing significant public support for its new climate disclosure laws, with 59% of public commenters backing…

2 weeks ago

California’s Rising Rent Costs Demand Six-Figure Incomes

News Summary California has become the state where renters need six-figure incomes for comfortable living, with areas like San Jose…

2 weeks ago

California Introduces New Regulations on AI in Employment

News Summary California has initiated regulatory actions that impose substantial requirements on businesses employing automated decision-making technologies (ADMT) in hiring…

3 weeks ago

California Faces $16 Billion Revenue Shortfall Amid Tariffs

News Summary California is grappling with a projected $16 billion revenue drop for the upcoming fiscal year, primarily caused by…

3 weeks ago

State Farm Secures Emergency Rate Hike Approval in California

News Summary State Farm has received approval for a 17% emergency rate hike for homeowners in California, starting June 1.…

3 weeks ago

California Homeowners Face 17% Insurance Rate Hike

News Summary California homeowners are set to face a 17% increase in insurance rates following a court ruling that approved…

3 weeks ago

California Increases Low-Income Housing Eligibility Amid Rising Costs

News Summary California has updated its low-income housing eligibility criteria, allowing even those with six-figure salaries to qualify for affordable…

3 weeks ago