California Business News

Bellevue Suburb of Seattle Sees Major Apartment Sales

News Summary Bellevue, a suburb of Seattle, recently saw notable real estate activity with the $68.5 million sale of a…

5 days ago

Southern California Edison Declares Dividends for Shareholders

News Summary Southern California Edison has announced the declaration of dividends for preference stocks to be paid out on June…

5 days ago

Trader Joe’s Expanding Across the Country

News Summary Trader Joe's plans to open 21 new locations across the United States, including five in California. The expansion…

5 days ago

California Launches New Initiative for Energy Efficiency and Solar Access

News Summary The California Public Utilities Commission has unveiled a new initiative to enhance energy efficiency and solar access in…

5 days ago

California’s Housing Costs: A Financial Burden for Residents

News Summary Living in California presents challenges for residents due to exorbitant housing costs. Recent studies reveal that households spend…

5 days ago

California Becomes the Fourth-Largest Economy in the World

News Summary California's economy has surpassed Japan to become the fourth-largest globally, with a nominal GDP of $4.1 trillion. The…

5 days ago

California Sees Surge in Home Sales and New Ventures

News Summary California is experiencing a significant surge in home sales, while innovative concepts like Amazon's robotaxi service expand transportation…

6 days ago

Escondido’s Innovative Neighborhood Designed for Fire Safety

News Summary The new Dixon Trails community in Escondido, California, is the first wildfire-resilient neighborhood in the nation, featuring homes…

6 days ago

California’s High-Speed Rail Project Faces Major Challenges

News Summary California's ambitious High-Speed Rail project aims to connect the Bay Area and Los Angeles in under three hours.…

6 days ago

Cherry Season: What to Expect in California This Year

News Summary California's cherry season in 2025 is expected to face significant challenges, with production forecasts indicating a below-average crop…

6 days ago