California Business News

California Real Estate Market Experiences Significant Drop

News Summary This week in California news, home sales have dropped by 10%, reflecting buyers' cautious approach in the real…

2 months ago

Hillsborough Home With Glamorous History Hits the Market

News Summary A stunning French chateau-style home in Hillsborough, once owned by Bing Crosby, has been listed for $40 million.…

2 months ago

California Business Owners Face Payroll Tax Increases

News Summary California's business owners are confronting unexpected payroll tax hikes due to the state's $55 billion fallout from unemployment…

2 months ago

State Farm Seeks Major Rate Increases in California

News Summary State Farm is requesting significant rate hikes in California, including up to 38% for rental properties, due to…

2 months ago

California Insurers Implement Rate Hikes Due to Wildfire Impact

News Summary Insurance companies in California, including Mercury General and Safeco, are raising rates due to the financial repercussions of…

2 months ago

Insurance Chaos in California: What’s Behind the Recent Turmoil?

News Summary California homeowners are facing a crisis in the insurance market, marked by rising premiums, policy cancellations, and new…

2 months ago

Chevron’s Relocation to Texas Marks a Significant Shift

News Summary Chevron Corporation is set to move from San Ramon, California, to Houston, Texas, by the end of 2024.…

2 months ago

California American Water Acquires West San Martin Water Works

News Summary California American Water has successfully acquired the West San Martin Water Works system for $1.6 million. Starting in…

2 months ago

California Introduces AI Regulation Bill for Whistleblower Protection

News Summary California's Senator Scott Wiener has reintroduced Senate Bill 53, aimed at enhancing the ethical development of AI by…

2 months ago

California Gas Prices Experience Slight Decrease Ahead of Road Trip Season

News Summary As road trip season approaches, California drivers are experiencing a slight drop in gas prices, with the current…

2 months ago