California business news

California Real Estate Market Experiences Significant Drop

News Summary This week in California news, home sales have dropped by 10%, reflecting buyers' cautious approach in the real…

2 months ago

Hillsborough Home With Glamorous History Hits the Market

News Summary A stunning French chateau-style home in Hillsborough, once owned by Bing Crosby, has been listed for $40 million.…

2 months ago

State Farm Seeks Major Rate Increases in California

News Summary State Farm is requesting significant rate hikes in California, including up to 38% for rental properties, due to…

2 months ago

Insurance Chaos in California: What’s Behind the Recent Turmoil?

News Summary California homeowners are facing a crisis in the insurance market, marked by rising premiums, policy cancellations, and new…

2 months ago

Chevron’s Relocation to Texas Marks a Significant Shift

News Summary Chevron Corporation is set to move from San Ramon, California, to Houston, Texas, by the end of 2024.…

2 months ago

Tesla Eyes Ride-Hailing Market with New Permit Application

News Summary Tesla Inc. has applied for a transportation charter-party carrier permit from the California Public Utilities Commission, aiming to…

2 months ago

California Business Updates: Housing Market and New Openings

News Summary This week's California business updates highlight significant issues in the housing market alongside exciting openings in the retail…

2 months ago

Tesla Enters Ride-Hailing Market in California

News Summary Tesla has submitted an application for a transportation charter-party carrier permit to the California Public Utilities Commission, marking…

2 months ago

Oakland on High Alert: State Farm’s Rate Hike Request Sparks Concerns

News Summary State Farm has requested emergency rate hikes in California due to financial pressures from wildfires. Proposed increases include…

2 months ago