California Business News

News Summary Despite devastating wildfires in 2024 that damaged over 500 acres of avocado orchards in Ventura County, California avocado growers remain resilient. Farmers face

News Summary California’s film and television industry is facing a drastic decline, with around 40,000 jobs lost in 2023 due to strikes by writers and

News Summary Residents in Laguna Niguel, Mission Viejo, and San Juan Capistrano are expressing strong opposition to a proposed lithium battery storage plant near Saddleback

News Summary California’s significant underutilized thermal capacity represents a major opportunity to expand renewable energy generation. Currently operating at a mere 15% capacity factor, the

News Summary California is on alert as two major oil refineries, the Valero Benicia and Phillips 66 refineries, prepare to cease operations. With potential gas

News Summary California lawmakers are sounding alarms over potential gas prices surging due to the impending closures of two major oil refineries. Valero’s Benicia and

News Summary Six Flags Entertainment Corp. has announced a significant reduction of its workforce, leading to 135 layoffs as part of a restructuring initiative. This

News Summary California’s ports are experiencing significant traffic reductions linked to tariff policies, which have led to increased vessel cancellations and job losses. The situation

News Summary California lawmakers are set to vote on Assembly Bill 942, which proposes changes to the compensation structure for rooftop solar owners. Authored by

News Summary California’s Hollywood is experiencing a serious job crisis, with a significant 22% decline in on-location production days projected for 2024. Approximately 40,000 production