California Business News

Eutelsat Faces Stock Decline Amid Leadership Change

News Summary Eutelsat, the French satellite operator, saw its shares drop over 4% following the appointment of Jean-Francois Fallacher as…

1 month ago

California to Increase Cannabis Excise Tax to 19%

News Summary Starting July 1, California will raise its cannabis excise tax from 15% to 19%, marking a 26% increase.…

1 month ago

California High-Speed Rail Project Faces Major Setbacks

News Summary California's high-speed rail project is facing significant delays and costs that have surged from an initial $10 billion…

1 month ago

California Increases Fast-Food Minimum Wage to $20

News Summary California's fast-food minimum wage will rise from $16 to $20 per hour starting April 2024 as part of…

1 month ago

California Supreme Court Adjusts Bar Exam Scores After Controversy

News Summary The California Supreme Court has approved adjustments to bar exam scores due to technical issues during the February…

1 month ago

California’s $20 Minimum Wage Impact on Fast Food Jobs

News Summary California's implementation of a $20 minimum wage for fast food workers under the FAST Act has led to…

1 month ago

Arizona’s Economic Developments Threatened by Labor Group

News Summary Arizona faces potential economic disruptions as the California-based labor group UniteHere, through Worker Power, challenges significant job-creation projects.…

2 months ago

California’s Small Businesses Face Tax Hike Without Deduction

News Summary California's 4.2 million small businesses could face a significant tax hike to 52.9% if the 20% Small Business…

2 months ago

California Suspends Leave Buy-Back Program for State Workers

News Summary California has suspended its leave buy-back program for state workers for the 2023-24 fiscal year due to ongoing…

2 months ago

WiZiX Technology Group Acquires California Business Machines

News Summary WiZiX Technology Group, a Sacramento-based company, has acquired California Business Machines (CBM), an office equipment firm in Fresno.…

2 months ago