California Business News

News Summary California is confronting significant cuts to its energy assistance programs amid a budget shortfall under Governor Newsom’s administration. Proposed reductions could undermine the

News Summary California Governor Gavin Newsom has unveiled a plan to freeze enrollment for low-income immigrants without legal status in Medi-Cal, starting in 2026. This

News Summary California is experiencing significant transitions in various sectors, including transportation and food service. Uber has launched a new bus-like service aiming for accessibility,

News Summary California has officially surpassed Japan to become the world’s fourth-largest economy, with a GDP of $4.1 trillion in 2024. Governor Gavin Newsom announced

News Summary Talanx Group has announced a record net income of €604 million for Q1 2025, a rise from €576 million year-on-year, despite substantial losses

News Summary California has enacted climate disclosure laws with strong public support, requiring businesses above $1 billion in revenue to report greenhouse gas emissions. As

News Summary California has emerged as the state with the highest income thresholds for renters, necessitating six-figure salaries for financial comfort. San Jose tops the

News Summary California Safe Soil LLC has officially ceased operations due to increasing landslide risks in Rancho Palos Verdes, prompting the company to plan an

News Summary California’s proposed regulations on artificial intelligence (AI) and automated decision-making technologies will significantly impact businesses in their employment practices. The California Privacy Protection

News Summary California is anticipating a $16 billion revenue shortfall for the upcoming fiscal year, primarily due to President Trump’s tariff policies, which are causing