California Business News

California, August 30, 2025 News Summary California is set to empower rideshare drivers as Uber and Lyft support a significant legislative framework allowing unionization. Backed by

California, August 30, 2025 News Summary Mercury Insurance and CSAA Insurance have filed for a 6.9% rate increase as part of California’s Sustainable Insurance Strategy. This

California, August 30, 2025 News Summary California’s Energy Commission has decided to temporarily suspend penalties on excessive refining profits for five years, amidst skyrocketing gas prices

California, August 30, 2025 News Summary California lawmakers have reached a groundbreaking agreement with rideshare companies Uber and Lyft, allowing drivers to unionize and negotiate better

Southern California, August 29, 2025 News Summary Southern California’s aerospace industry is set to add 11,000 jobs between 2022 and 2024, driven by a surge in

California, August 28, 2025 News Summary California’s economy is under threat as tariffs imposed during the Trump administration create hurdles for local businesses and increase consumer

California, August 28, 2025 News Summary Meta Platforms, Inc. has introduced a new political action committee named Mobilizing Economic Transformation Across California. The PAC aims to

California, August 28, 2025 News Summary Following its bankruptcy filing, Bed Bath & Beyond will not reopen any stores in California, citing high operational costs and

Sacramento, California, August 28, 2025 News Summary The California Restaurant Association has launched a billboard campaign in Sacramento to raise awareness about the rising costs of

Philadelphia, August 27, 2025 News Summary Kite, a biopharmaceutical company under Gilead Sciences, has agreed to acquire Interius BioTherapeutics for $350 million. This acquisition will enhance