California Business News

California Economic Challenges Amidst Minimum Wage Debate

News Summary California is grappling with economic difficulties, largely due to a proposed minimum wage increase and a decline in…

1 month ago

Eutelsat Appoints New CEO Amid Stock Decline

News Summary Eutelsat's recent appointment of Jean-Francois Fallacher as CEO has led to a drop of over 4% in the…

1 month ago

California Increases Cannabis Excise Tax to 19%

News Summary California is raising its cannabis excise tax from 15% to 19% starting July 1, as mandated by state…

1 month ago

California High-Speed Rail Project Faces Major Challenges

News Summary California's high-speed rail project struggles with delays and soaring costs, now estimated over $100 billion. New CEO Ian…

1 month ago

California Raises Minimum Wage for Fast-Food Employees to $20

News Summary California has increased the minimum wage for fast-food workers to $20 per hour, the highest in the U.S.…

1 month ago

California Supreme Court Approves Bar Exam Score Adjustments

News Summary The California Supreme Court has approved adjustments to bar exam scores following significant technical issues during the February…

1 month ago

California Raises Minimum Wage for Fast Food Workers

News Summary In April 2024, California's FAST Act raised the minimum wage for fast food workers to $20 per hour.…

1 month ago

Arizona’s Economic Prospects at Risk from Out-of-State Unions

News Summary Arizona faces economic challenges as out-of-state labor unions interfere with local development projects. The expansion of the Axon…

1 month ago

NFIB Urges California to Make Small Business Tax Deduction Permanent

News Summary A recent NFIB report highlights the critical need for California to permanently establish a 20% Small Business Tax…

1 month ago

California Cancels Leave Buy-Back Program for State Workers

News Summary California has suspended its leave buy-back program for state employees for the second consecutive year due to budget…

1 month ago