California Business News

News Summary California regulators have announced plans to allow the testing of self-driving heavy-duty trucks on public roads, a significant shift in the state’s regulations.

News Summary Southern California Edison has unveiled plans for an $860 million project aimed at enhancing electrical distribution in Altadena and Malibu. This initiative will

News Summary Valero Energy Corp. has announced a $1.1 billion writedown on its California oil refineries, signaling concerns about its future in the state. The

News Summary In 2024, California surpassed Japan to become the fourth largest economy globally, with a GDP of $4.10 trillion. This remarkable achievement highlights California’s

News Summary California has officially emerged as the fourth-largest economy in the world, surpassing Japan with a nominal GDP of $4.1 trillion. This significant achievement

News Summary The California Department of Managed Health Care has fined Kaiser Permanente $819,500 for failing to timely address member complaints. The fine highlights issues

News Summary California is experiencing a significant debate over privacy as the California Privacy Protection Agency unveils proposed regulations regarding automated decision-making technology. Major tech

News Summary California has claimed the title of the world’s fourth-largest economy, surpassing Japan with a nominal GDP of $4.1 trillion. The state’s remarkable 6%

News Summary In Bellevue, Washington, a 195-unit apartment complex has been sold for $68.5 million amid an ongoing affordability crisis. This transaction reflects a growing

News Summary Southern California Edison has announced the declaration of dividends on several series of preference stocks, scheduled to be paid on June 15, 2025.