California Business News

Valero Energy Faces Major Losses in California

News Summary Valero Energy Corp. announced a significant $1.1 billion write-down on its oil refineries in California, raising concerns about…

2 months ago

California Becomes the Fourth Largest Economy in the World

News Summary California has surpassed Japan to become the fourth largest economy worldwide, with its GDP reaching $4.10 trillion in…

2 months ago

California Surpasses Japan to Become the Fourth-Largest Economy

News Summary California has claimed the title of the world's fourth-largest economy, surpassing Japan with a nominal GDP of $4.1…

2 months ago

Kaiser Permanente Faces $819,500 Fine Over Complaint Delays

News Summary Kaiser Permanente has been fined $819,500 by the California Department of Managed Health Care due to delays in…

2 months ago

California’s Privacy Showdown: New AI Regulations Stir the Pot

News Summary California is experiencing a heated debate as the California Privacy Protection Agency (CPPA) prepares to unveil new rules…

2 months ago

California Surpasses Japan as the World’s Fourth-Largest Economy

News Summary California has officially surpassed Japan, becoming the world's fourth-largest economy with a nominal GDP of $4.1 trillion. The…

2 months ago

Southern California Edison Declares June Dividends for Shareholders

News Summary Southern California Edison has announced that it will be issuing dividends on several series of preference stocks, scheduled…

2 months ago

Trader Joe’s Expands Across the U.S. with 21 New Locations

News Summary Trader Joe's is set to open 21 new locations throughout the United States, including five in California. This…

2 months ago

California Leads the Way in Energy Efficiency and Solar Power

News Summary California is making significant strides in energy efficiency and solar power with a new initiative from the California…

2 months ago

California Households Face High Housing Costs

News Summary A new study reveals that California households are dedicating 44% of their income to housing expenses, making it…

2 months ago