California Business News

Gold Flora Cannabis Company Faces Financial Challenges

News Summary Gold Flora, a prominent cannabis company in Southern California, is seeking receivership amid significant financial issues, including mounting…

2 weeks ago

California’s High Gas Prices: A Self-Inflicted Crisis?

News Summary California's residents face soaring gas prices, with averages nearing $4.81 per gallon—significantly higher than the national average. A…

2 weeks ago

California High-Speed Rail Project Faces Funding Crisis

News Summary The California High-Speed Rail project encounters a significant funding shortfall of $7 billion for the Merced to Bakersfield…

2 weeks ago

California’s Corporate Exodus: Myths and Realities

News Summary Chevron's relocation to Texas has ignited debates about a corporate exodus from California. However, the full picture reveals…

3 weeks ago

Tariff Trouble: California Businesses Gear Up for Price Hikes

News Summary California is facing upcoming price increases due to tariffs stemming from a trade war initiated by former President…

3 weeks ago

California Expands Fire Insurance Coverage for Homeowners

News Summary In response to the increasing wildfire crisis, California has expanded the FAIR Plan, now offering up to $20…

3 weeks ago

Sales Tax Increase Approved in Los Angeles County

News Summary Beginning April 1, residents in Los Angeles County will experience a sales tax increase from 9.5% to 9.75%.…

3 weeks ago

California’s New Bill Protects Homeowners from Aerial Inspections

News Summary California is making strides to protect homeowners with the introduction of Assembly Bill 75, which mandates insurance companies…

3 weeks ago

California Business News: Fast-Food Closures and Job Opportunities

News Summary California is experiencing significant changes in its business landscape. From unexpected fast-food closures and a rise in bankruptcies…

3 weeks ago