California Business News

California Allocates Funds for LOSSAN Rail Corridor Improvements

News Summary The California Transportation Commission has announced a $9.98 million emergency funding allocation to enhance the resilience of the…

2 days ago

Benicia Braces for Major Changes as Valero Considers Refinery Closure

News Summary Residents of Benicia face uncertainty as Valero Energy plans to potentially close its refinery by April 2026. The…

2 days ago

Benicia Faces Economic Shift as Valero Refinery Eyes Closure

News Summary Benicia, California, faces uncertainty as Valero refinery announces potential closure by April 2026, impacting local jobs and economy.…

2 days ago

State Farm Seeks Major Rate Hikes Amid Wildfire Crisis

News Summary In response to the recent catastrophic wildfires in California, State Farm is requesting a substantial average rate hike…

4 days ago

Governor Newsom’s Unique Outreach to Top Executives

News Summary Governor Gavin Newsom has initiated a unique outreach strategy by providing prepaid cellphones to 100 top executives of…

4 days ago

California’s AI Regulation Laws Set to Launch in 2025

News Summary Starting January 1, 2025, California will implement 18 new laws aimed at regulating artificial intelligence. These regulations address…

4 days ago

California’s Condo Market Faces Mortgage Blacklist Challenges

News Summary California's real estate market is grappling with a significant issue as over 700 condominium complexes have found themselves…

4 days ago

Los Angeles Faces Tourism Trouble as Trade Policies Take Toll

News Summary Los Angeles is experiencing a decline in tourism, with empty streets and businesses struggling to attract visitors. Factors…

5 days ago

California Crabbers Innovate with Pop-Up Gear to Protect Whales

News Summary In San Francisco, crab fishermen are adopting innovative pop-up gear to minimize whale entanglements while maintaining their livelihoods.…

5 days ago