California Business News

News Summary Rite Aid has announced the closure of 98 locations in California as part of a larger restructuring effort following its Chapter 11 bankruptcy

News Summary California cherry growers in San Joaquin County anticipate a significantly lighter harvest this season, with potential yields down by 50% due to extreme

News Summary California Governor Gavin Newsom has initiated a national advertising campaign targeting President Trump’s tariff policies, promoting California’s economy’s resilience. The ad will air

News Summary California gas prices are expected to exceed $8 per gallon by the end of 2026, increasing by up to 75% from current rates.

News Summary California is experiencing a sharp decline in film and television production, prompting industry leaders to push for a $750 million tax rebate to

News Summary California is grappling with significant economic challenges as the effects of President Trump’s trade war with China unfold. Newly imposed tariffs have led

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 voters are increasingly concerned about the rising cost of living, with nearly half feeling financially worse off. Legislative proposals aim to address

News Summary Rite Aid has announced the closure of over a dozen stores in California as it navigates significant financial difficulties following a Chapter 11

News Summary California is confronting a significant budget crisis, with Governor Gavin Newsom projecting a shortfall of $10 billion, potentially escalating to $20 billion. Key