California Business News

News Summary California is set to experience significant economic shifts due to mass deportations of undocumented workers. The impact on labor force and sectors like

News Summary Residents of Pacific Palisades face soaring homeowners insurance costs in the aftermath of a devastating fire that destroyed thousands of structures. Many homeowners

News Summary The California Law Revision Commission is set to propose significant reforms to the state’s antitrust laws, focusing on monopolistic practices and stricter regulations

News Summary Gold Flora, a prominent cannabis company in Southern California, is facing significant financial challenges. With 16 dispensaries statewide, the company has entered receivership

News Summary Starting April 1, 2025, Los Angeles County will increase its sales tax from 9.5% to 9.75%. This change is part of Measure A,

News Summary A recent study indicates that California’s soaring gas prices are largely due to self-inflicted policies rather than external market manipulation. Research by Michael

News Summary Chevron’s recent announcement to move its headquarters to Houston has sparked discussions about a corporate exodus from California. However, this narrative may be

News Summary Malibu’s local economy is facing significant price increases due to tariffs imposed during President Trump’s trade war. Businesses like Anawalt hardware store anticipate

News Summary California is responding to its wildfire crisis by expanding the coverage limits of the California FAIR Plan, allowing property owners to access higher

News Summary Starting April 1, Los Angeles County’s sales tax will increase from 9.5% to 9.75% due to Measure A, approved by voters to address