California Business News

California Lawmakers Remove Proposed Film Tax Credit Increase

News Summary California lawmakers have removed a proposed increase to the film and TV tax credit cap from legislation aimed…

1 month ago

The Business Journal Achieves Record Wins at California Journalism Awards

News Summary The Business Journal celebrated its largest haul at the California Journalism Awards, winning 10 first-place and seven second-place…

2 months ago

State Farm Proposes 30% Rate Increase for Homeowners in California

News Summary State Farm General has proposed a significant 30% increase in homeowner insurance rates in California, following a previous…

2 months ago

US Senate Votes to Repeal California’s Gasoline Vehicle Ban

News Summary The US Senate has voted 51-44 to repeal California's initiative that bans the sale of gasoline-powered vehicles by…

2 months ago

Small Business Optimism Slightly Declines in January

News Summary In January, small business optimism experienced a slight decline according to the NFIB's Small Business Optimism Index. This…

2 months ago

California Reduces Journalism Initiative Funding by 67%

News Summary Governor Gavin Newsom of California announced a 67% reduction in funding for a journalism initiative intended to support…

2 months ago

State Farm Seeks Additional Rate Increase for Homeowners in California

News Summary State Farm has requested an additional 11% rate increase on top of a recently approved 17% hike for…

2 months ago

California’s Senate Vote on Gas-Powered Vehicle Ban Looms

News Summary California is set for a crucial Senate vote next week regarding the proposed lifting of the ban on…

2 months ago

Decline in Eastbound Container Volume from Southern California

News Summary The eastbound international container volume from Southern California hit a six-month low, dropping 5% from the previous week.…

2 months ago

Walmart Announces Closure of Five Stores in California

News Summary Walmart plans to permanently close five retail locations in California by the end of 2025, aiming to enhance…

2 months ago