California Business News

News Summary Southern California is battling a wildfire crisis that has the potential to become the most destructive in U.S. history. With economic losses potentially

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

News Summary Congressional leaders are challenging California’s stringent vehicle emissions mandates, aiming to repeal several regulations that could affect the automotive industry nationwide. Led by

News Summary California is on edge as the Trump administration’s mass deportation plans threaten its economic stability. The potential loss of millions of undocumented workers

News Summary The coastal community of Pacific Palisades in California is reeling from severe wildfires that not only destroyed homes but also led to drastic

News Summary California is set to overhaul its antitrust laws through a series of comprehensive reforms proposed by the California Law Revision Commission. The new

News Summary Gold Flora, a significant player in California’s cannabis industry, is seeking receivership amid financial challenges, including substantial debts and operational costs. Founded in

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

News Summary Californians are facing exorbitant gas prices averaging $4.809 per gallon, stemming from a combination of strict regulations, taxes, and declining oil production. A

News Summary Chevron’s decision to move its corporate headquarters from California to Houston has ignited discussions about the implications for California’s business environment. Despite concerns