California Business News

California Emerges as World’s Fourth-Largest Economy

News Summary California has officially claimed the title of the world's fourth-largest economy, surpassing Japan with a nominal GDP of…

1 month ago

California’s Proposed Bill to Extend Alcohol Last Call to 4 a.m.

News Summary California legislators have introduced bill AB 342 aimed at extending the last call for alcohol service in designated…

1 month ago

California’s Bold Leap into the Future of Heavy-Duty Trucks

News Summary California regulators have proposed new rules to allow testing of self-driving heavy-duty trucks on public roads, which could…

1 month ago

California Moves Forward with Self-Driving Heavy Trucks Testing

News Summary California is set to allow testing of self-driving heavy-duty trucks on public roads, lifting a previous ban. The…

1 month ago

Southern California Edison Unveils $860 Million Plan for Altadena and Malibu

News Summary Southern California Edison is launching an $860 million initiative to bolster the electrical grid in Altadena and Malibu,…

1 month ago

Valero Energy Takes a Hit in California: Writedown Signals Major Changes Ahead

News Summary Valero Energy Corp. has announced a significant writedown of $1.1 billion on its California refineries, raising concerns over…

1 month ago

California Surpasses Japan to Become Fourth Largest Economy

News Summary California has officially surpassed Japan, becoming the fourth largest economy in the world with a gross domestic product…

1 month ago