California business

California Lawmakers Remove Tax Credit Increase for Film Industry

News Summary California's efforts to increase the film and TV tax credit cap to $750 million have hit a snag…

3 weeks ago

The Business Journal Shines at California Journalism Awards 2024

News Summary The Business Journal achieved a historic milestone at the California Journalism Awards 2024, securing 10 first-place and 7…

3 weeks ago

State Farm Seeks Major Rate Increase for California Homeowners

News Summary State Farm General has announced plans for a 30% rate increase for homeowner insurance policies in California, immediately…

3 weeks ago

US Senate Votes to Repeal California’s Gasoline Vehicle Ban

News Summary The US Senate has voted 51-44 to repeal California's plan to ban gasoline-powered cars by 2035, challenging the…

3 weeks ago

California Small Business Optimism Sees Minor Decline in January

News Summary Small business optimism in California has slightly declined in January, according to the NFIB’s Small Business Optimism Index.…

3 weeks ago

California Governor Proposes Major Cuts to Newsroom Funding

News Summary California Governor Gavin Newsom has proposed a drastic 67% cut in funding aimed at supporting local newsrooms through…

3 weeks ago

California Homeowners Face Insurance Rate Increases

News Summary California homeowners are under financial stress as State Farm seeks an additional 11% rate increase following a 17%…

4 weeks ago

California Faces Political Battle Over Gas-Powered Car Ban

News Summary California is bracing for a significant political showdown as the U.S. Senate gears up to vote on a…

4 weeks ago

Container Volume Declines Amid U.S.-China Trade Tensions

News Summary Recent reports indicate that eastbound international container volume from Southern California has dropped significantly, reflecting the ongoing effects…

4 weeks ago

Walmart to Close Five California Stores by 2025

News Summary Walmart has announced the permanent closure of five stores in California by the end of 2025. This strategic…

4 weeks ago