California Business News

California’s Electric Vehicle Revolution

News Summary California is leading the way in electric vehicle adoption with 25% of new car sales being electric. The…

1 month ago

California Faces Major Medicaid Budget Gap – A Potential Crisis for Health Coverage

News Summary California is grappling with a $6.2 billion budget gap for its Medi-Cal program, which provides essential healthcare to…

1 month ago

California Heat Pump Partnership Launches Initiative for Heat Pump Installations

News Summary The California Heat Pump Partnership aims to close the gap between the target of 6 million heat pump…

1 month ago

California Ranks Fourth for Online Entrepreneurs in the U.S.

News Summary According to a recent study by Printful, California is the fourth-best U.S. state for online entrepreneurs, highlighting its…

1 month ago

California Renters Sticking Around: A Closer Look at the Numbers

News Summary California's rental market is seeing an unprecedented trend where renters are opting to stay in their apartments longer,…

1 month ago

California Proposes Increased Film Tax Credits

News Summary California lawmakers are proposing a major update to the state’s film and television production tax credit, aiming to…

1 month ago

California Lawmakers Propose Changes to Film Tax Credit Program

News Summary California lawmakers are backing Governor Newsom's proposal to enhance the Film and Television Tax Credit Program, increasing funding…

1 month ago

23andMe Files for Bankruptcy Protection Amid Leadership Changes

News Summary 23andMe has filed for Chapter 11 bankruptcy protection, seeking potential buyers amid significant leadership changes and financial turmoil.…

1 month ago

23andMe Files for Bankruptcy Amidst Financial Turmoil

News Summary 23andMe, the popular genetic testing company, has filed for Chapter 11 bankruptcy, laying off 40% of its workforce…

1 month ago

California Wine Industry Faces Tariff Uncertainties

News Summary The California wine industry is bracing for potential upheaval as President Trump proposes a 200% tariff on EU…

1 month ago