California Business News

News Summary The California film industry is encountering significant challenges, with a notable decline in productions. Proposals for new investment strategies and tax credits aim

News Summary The California Privacy Protection Agency has fined American Honda Motor Co., Inc. $632,500 for violating the California Consumer Privacy Act. The investigation revealed

News Summary Amid an ongoing wildfire crisis, California’s FAIR Plan has been granted a $1 billion bailout to manage rising claims from homeowners in affected

News Summary In a new initiative to enhance communication, California Governor Gavin Newsom has distributed prepaid ‘burner’ phones to 100 tech CEOs. This program aims

News Summary A growing number of California residents are boycotting Tesla due to CEO Elon Musk’s controversial political stance and actions, particularly his connections to

News Summary The California Public Utilities Commission has granted Tesla a permit to operate a transportation service exclusively for its employees. This new service will

News Summary Realtor.com has officially moved its headquarters from Santa Clara, California, to Austin, Texas. This relocation is set to enhance Austin’s economy, bringing hundreds

News Summary Pending home sales in Los Angeles have dropped by 8.4% compared to last year, marking the largest decline since October 2023. Rising housing

News Summary California homeowners are bracing for a significant insurance premium hike as State Farm receives regulatory approval for a 22% increase. The decision is

News Summary California’s Insurance Commissioner, Ricardo Lara, is in hot water after attending a lavish conference in Bermuda amid an ongoing insurance crisis back home.