California Business News

Gold Flora Cannabis Company Requests Receivership Amid Financial Struggles

News Summary Gold Flora, a Southern California cannabis company, is seeking receivership due to severe financial issues, with liabilities surpassing…

4 weeks ago

Los Angeles County Sales Tax Set to Rise in 2025

News Summary Starting April 1, 2025, Los Angeles County will see a sales tax increase from 9.5% to 9.75%. This…

4 weeks ago

California’s Gas Price Dilemma Revealed by New Study

News Summary A recent study by Michael Mische from USC Marshall School unveils that California's high gas prices may be…

4 weeks ago

Chevron Relocates Headquarters from California to Texas

News Summary Chevron has announced its plans to move its corporate headquarters from San Ramon, California, to Houston, Texas, citing…

1 month ago

Tariff Trouble in Malibu: Price Hikes Ahead for Local Businesses

News Summary Malibu businesses are bracing for significant price increases due to the ongoing trade war and imposed tariffs by…

1 month ago

California Expands Insurance Coverage Amid Wildfire Crisis

News Summary California is expanding the California FAIR Plan to offer greater insurance coverage for properties amid the escalating wildfire…

1 month ago

Sales Tax Increase in Los Angeles County to Support Homeless Services

News Summary Beginning April 1, residents of Los Angeles County will see an increase in the sales tax from 9.5%…

1 month ago

California’s Economic Journey: Resilience Amidst Challenges

News Summary California’s economy, characterized by resilience against job losses and high costs, has faced numerous challenges over 25 years.…

1 month ago

California Protects Homeowners from Aerial Imagery Overreach

News Summary California is taking steps to protect homeowners by introducing Assembly Bill 75, which mandates insurance companies to notify…

1 month ago

California Business Buzz: The Latest Happenings in the Golden State

News Summary This week in California, the spotlight is on various industries from tech scrutiny to a significant crackdown on…

1 month ago