California Business News

News Summary California’s major ports are experiencing a significant downturn in cargo traffic, primarily due to recent tariffs on Chinese imports. The Port of Los

News Summary Rite Aid has revealed plans to close over 98 store locations in California as part of its Chapter 11 bankruptcy restructuring. This move

News Summary California’s cherry season in San Joaquin County is underway, but growers are anticipating a dramatic decline in yields, with estimates suggesting a drop

News Summary California Governor Gavin Newsom has initiated a national advertisement campaign targeting President Trump’s tariff policies. The campaign criticizes the negative impact of tariffs

News Summary A report predicts California gas prices could exceed $8 per gallon by 2026 due to refinery closures and reduced supply. Current prices average

News Summary California is working to revive its film and television production sector with a proposed $750 million tax rebate, led by Jonathan Nolan. The

News Summary California businesses are bracing for severe economic challenges due to President Trump’s trade war, resulting in a dramatic 145% tariff increase on goods

News Summary Rite Aid has filed for Chapter 11 bankruptcy for the second time in two years, announcing plans to close stores and auction off

News Summary California lawmakers are facing increasing voter pessimism due to the rising cost of living, with nearly 50% of voters feeling worse off than

News Summary Rite Aid has announced plans to close more than a dozen stores in California as part of its Chapter 11 bankruptcy proceedings. The