California Business News

California Urged to Invest Directly in Film Industry

News Summary California is facing a decline in film production, prompting calls for direct cash investments in local projects instead…

1 month ago

California Imposes First Penalty Under CCPA on Honda

News Summary The California Privacy Protection Agency (CPPA) has made its first penalty under the California Consumer Privacy Act (CCPA)…

1 month ago

California’s FAIR Plan Faces Financial Struggles Amid Wildfires

News Summary The FAIR Plan, California's last-resort fire insurer, is overwhelmed by escalating claims due to recent wildfires, prompting a…

1 month ago

Governor Newsom Engages Tech Giants with Prepaid Phones

News Summary Governor Gavin Newsom of California initiates a bold outreach strategy by sending prepaid 'burner' phones to approximately 100…

1 month ago

Boycott Movement Grows Against Tesla and Elon Musk in California

News Summary In California, a growing boycott is being directed at Tesla and its CEO, driven by dissatisfaction over Elon…

1 month ago

Tesla Launches Employee Transport Service in California

News Summary Tesla has received approval from the California Public Utilities Commission to operate an employee transportation service using its…

1 month ago

Realtor.com Establishes New Headquarters in Austin, Texas

News Summary Realtor.com has officially relocated its corporate headquarters from Santa Clara, California, to Austin, Texas, embracing the city's vibrant…

1 month ago

Pending Home Sales in California Take a Hit: What’s Going On?

News Summary California’s housing market sees a sharp 8.4% drop in pending home sales year over year, the largest decline…

1 month ago

California Homeowners Face Insurance Rate Hikes

News Summary Californian homeowners are bracing for an average 22% home insurance premium increase as State Farm secures regulatory approval.…

1 month ago

California Commissioner Criticized for Bermuda Conference During Crisis

News Summary California Insurance Commissioner Ricardo Lara has sparked controversy due to his attendance at a Bermuda insurance conference amidst…

1 month ago