California Business News

Southern California Faces Unprecedented Wildfire Crisis

News Summary Southern California is battling a wildfire crisis that has the potential to become the most destructive in U.S.…

2 weeks ago

Gold Flora Corp. Enters Receivership Amid Financial Struggles

News Summary Gold Flora Corp., a California-based cannabis company, has entered receivership due to severe financial pressures and unsuccessful merger…

2 weeks ago

California Emissions Debate Heats Up as Congress Acts

News Summary Congressional leaders are challenging California's stringent vehicle emissions mandates, aiming to repeal several regulations that could affect the…

2 weeks ago

California Faces Economic Challenges Amid Deportation Plans

News Summary California is on edge as the Trump administration's mass deportation plans threaten its economic stability. The potential loss…

2 weeks ago

Pacific Palisades Faces Insurance Struggles After Devastating Fires

News Summary The coastal community of Pacific Palisades in California is reeling from severe wildfires that not only destroyed homes…

2 weeks ago

California’s Major Reform in Antitrust Law

News Summary California is set to overhaul its antitrust laws through a series of comprehensive reforms proposed by the California…

2 weeks ago

Los Angeles Faces a Shifting Cannabis Landscape with Gold Flora’s Financial Woes

News Summary Gold Flora, a significant player in California's cannabis industry, is seeking receivership amid financial challenges, including substantial debts…

2 weeks ago

Los Angeles County Sales Tax Increase: What to Know

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

2 weeks ago

California’s High Gas Prices: A Self-Inflicted Wound?

News Summary Californians are facing exorbitant gas prices averaging $4.809 per gallon, stemming from a combination of strict regulations, taxes,…

2 weeks ago

Chevron’s Headquarters Move: A Sign of Change for California Business

News Summary Chevron's decision to move its corporate headquarters from California to Houston has ignited discussions about the implications for…

3 weeks ago