California Business News

News Summary 23andMe, a famous genetic testing firm, has filed for Chapter 11 bankruptcy amidst ongoing financial challenges. Its CEO, Anne Wojcicki, has stepped down,

News Summary California winemakers are uneasy about President Trump’s proposed 200% tariff on imported wines from the EU. While some hope this could boost local

News Summary California is witnessing significant developments impacting homeowners and businesses, with a new fee set to affect 8 million residents. While many face financial

News Summary American Business Bank has officially opened a Loan Production Office in San Diego, located at 4727 Executive Drive, Suite 275. This new establishment

News Summary California is grappling with concerning job market trends as it emerges from the pandemic. With the state ranked fourth in job creation rates

News Summary Tesla has received a crucial permit from the California Public Utilities Commission to operate an employee ride service, inching closer to their goal

News Summary California is making strides in sustainable transportation as over 25% of new car sales are now electric vehicles. This shift is supported by

News Summary California is shifting its transportation funding approach due to the rise of electric vehicles, considering a new mileage-based user fee to replace the

News Summary Altadena, California, is slowly recovering from the devastating wildfires that tore through the community in January. Many beloved local businesses were destroyed, leaving

News Summary The University of California system has announced a hiring freeze across its campuses as it faces substantial budget cuts from both state and