California business news

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

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

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 Businesses Feel the Heat from New Tariffs

News Summary California's local businesses are set to face significant changes as new tariffs on imports from Canada, Mexico, and…

1 month ago

California Business Updates: Egg Prices, Wine Industry Challenges, and Local Delights

News Summary California is experiencing various business shifts as egg prices decrease, the wine industry faces tariff pressures, and local…

1 month ago

California Residents Brace for Home Insurance Rate Hike

News Summary California homeowners are facing a potential 22% increase in home insurance rates as State Farm seeks to adjust…

1 month ago

Wall Street Turbulence Raises Concerns Over Possible Recession Impact on California Economy

News Summary Recent fluctuations on Wall Street are raising alarms about the potential impact on California's economy. Despite some annual…

1 month ago

California Approves Major Rate Hike for State Farm Homeowners Insurance

News Summary California's Insurance Commissioner has provisionally approved a 22% interim rate hike for State Farm's homeowners insurance policies. This…

1 month ago