California business news

State Farm Proposes Significant Homeowners Insurance Rate Hike

News Summary State Farm is seeking an 11% increase in homeowners insurance rates, following a recent 17% interim hike. This…

3 weeks ago

State Farm Proposes 30% Rate Increase for Homeowners in California

News Summary State Farm General seeks a 30% increase for homeowner insurance in California, following a 17% hike already approved.…

3 weeks ago

California’s Small Business Optimism Sees Slight Decline in January

News Summary Small business optimism in California has slightly declined in January, according to the NFIB. Despite the drop, the…

4 weeks ago

State Farm Requests Additional Rate Hike for Homeowners in California

News Summary State Farm has filed for an 11% rate increase on top of a previously approved 17% hike for…

4 weeks ago

Significant Decline in California’s Eastbound Container Volume

News Summary California has seen a steep decline in eastbound international container volume, dropping to its lowest level in six…

4 weeks ago

Walmart to Close Five California Locations by 2025

News Summary Walmart has announced plans to permanently close five stores in California by the end of 2025 as part…

4 weeks ago

California Becomes World’s Fourth-Largest Economy

News Summary California has overtaken Japan to become the world's fourth-largest economy, boasting a nominal GDP of $4.1 trillion. This…

4 weeks ago

California Climate Disclosure Laws Garner Public Support

News Summary California's new climate disclosure laws have received strong public backing, with a recent analysis showing 59% of commenters…

1 month ago

California Safe Soil LLC Ceases Operations Due to Landslide Risks

News Summary California Safe Soil LLC has ceased its operations amidst increasing concerns over landslide risks in the region. Following…

1 month ago

California Faces $16 Billion Revenue Shortfall Due to Tariffs

News Summary California is grappling with a projected $16 billion revenue shortfall linked to President Trump's tariff policies. This decline,…

1 month ago