California Business News

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…

6 days 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…

6 days 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…

6 days 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…

6 days ago

California Surpasses Japan’s Economy with $4.1 Trillion GDP

News Summary California has achieved a remarkable milestone, with its nominal GDP reaching $4.1 trillion in 2024, surpassing Japan's GDP…

6 days ago

Escondido Unveils First Wildfire-Resilient Neighborhood

News Summary Escondido, California, is home to the nation's first wildfire-resilient neighborhood, Dixon Trails. Developed by KB Home, this innovative…

7 days ago

California High-Speed Rail Project Faces Delays and Challenges

News Summary The California High-Speed Rail Project, aiming to connect the Bay Area and Los Angeles in under three hours,…

7 days ago

California Cherry Crop Forecast: A Tough Year Ahead

News Summary California cherry farmers are preparing for a challenging season in 2025 due to unpredictable weather and declining crop…

7 days ago

Walmart Stores in California to Undergo Major Remodels

News Summary Walmart is set to remodel 57 stores across California in 2025, enhancing the shopping experience from Los Angeles…

7 days ago

California Homeowners File Lawsuit Against Insurance Companies

News Summary A group of California homeowners is suing major insurance companies, claiming they conspired to deny coverage to those…

7 days ago