California Business News

News Summary Valero Energy Corporation plans to shut down its Benicia Refinery by April 2026, causing concern among the local community and the nearly 400

News Summary Benicia, California, faces economic uncertainty as Valero announces the possibility of closing its refinery by April 2026. The closure could impact around 400

News Summary California residents impacted by January’s wildfires receive automatic tax extensions until October 15, 2025. The IRS and California State Tax Board are providing

News Summary Homeowners in California are bracing for rate hikes as State Farm General, the state’s largest home insurer, requests an emergency average increase of

News Summary Governor Gavin Newsom has initiated a novel outreach program by sending prepaid cellphones to the top 100 CEOs of California-based companies. This strategy

News Summary California is set to enact 18 new laws governing the use of artificial intelligence across various sectors, from social media to healthcare. These

News Summary In California, approximately 700 condominium complexes have been blacklisted by Fannie Mae, complicating the dream of condo ownership. This list affects mortgage approvals,

News Summary Los Angeles is seeing a significant decline in its tourism sector, exacerbated by rising tariffs and the ongoing recovery from the pandemic. With

News Summary California crab fishermen are adopting innovative pop-up gear to safeguard whales while extending their fishing season. This pilot program aims to minimize whale

News Summary California is witnessing a remarkable entrepreneurial spirit in 2024, with an average of 43,265 new business applications per month. This translates to nearly