California business news

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

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

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 Wildfires Challenge Residents and Insurance Markets

News Summary California's recent wildfire season has devastated communities, leaving residents like Alex Markarian awaiting crucial insurance payouts. With over…

6 days ago

San Francisco Becomes the Wealthiest Metro Area

News Summary San Francisco is set to become the world’s wealthiest metro area, surpassing New York City, according to a…

6 days ago

Small California Winemakers Explore Tariff Benefits

News Summary In California's wine country, small winemakers are cautiously optimistic about the benefits of President Trump's tariffs on imported…

7 days ago

California Governor Defends State’s Economic Strength Amid Tariffs

News Summary California Governor Gavin Newsom has expressed confidence in the state's economy despite challenges posed by recent tariff policies…

7 days ago

California Housing Market Shows Signs of Recovery in February

News Summary California's housing market saw an 11% increase in home sales in February, marking a rebound from previous months.…

7 days ago

California Agriculture Braces for Major Financial Hit

News Summary California's agricultural industry faces a potential $6 billion annual loss due to escalating trade tensions and tariffs introduced…

7 days ago