California Business News

News Summary Trader Joe’s has announced plans to open 21 new stores across the U.S., including five in California. With this expansion, the popular grocery

News Summary The California Public Utilities Commission is launching a transformative initiative aimed at enhancing energy efficiency and accessibility to solar power. With a focus

News Summary A recent study reveals that California households spend an alarming 44% of their income on housing costs, making the state one of the

News Summary California’s economy has reached an astounding nominal GDP of $4.1 trillion, surpassing Japan’s $4.02 trillion, cementing its place as the fourth-largest economy globally.

News Summary This week, California boasts significant developments, including soaring home sales, Amazon’s expansion of its robotaxi service, and initiatives for accessible grocery coupons. Residents

News Summary Escondido, California, has launched Dixon Trails, the country’s first wildfire-resilient neighborhood by KB Home. With fire-rated roofs, noncombustible materials, and strategic spacing, these

News Summary California’s high-speed rail project is encountering significant delays and budget issues, pushing the original completion timeline to the early 2030s. Initially estimated at

News Summary California’s cherry production is expected to dip below the average in 2025 due to erratic weather and high production in previous years. Early

News Summary Walmart is set to remodel 57 stores across California in 2023, including 11 locations in the Greater Los Angeles area. This initiative aims

News Summary A group of homeowners in Los Angeles is taking a bold stand by suing major insurance companies, claiming they conspired to deny coverage