California business news

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

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

Walmart to Remodel 57 Stores in California

News Summary Walmart has announced plans to remodel 57 stores across California in 2025, with 11 locations in the Greater…

6 days ago

California Homeowners Challenge Insurance Giants Over Coverage Denials

News Summary A group of California homeowners is suing major insurance companies for allegedly collaborating to deny coverage in wildfire-prone…

6 days ago

California Senate Proposes Tax Exemption for Tips

News Summary California's Senate is discussing a new bill that aims to exempt tips from state taxes, a move that…

6 days ago

California Unveils Strategy to Accelerate Heat Pump Adoption

News Summary California is taking significant steps to boost the adoption of heat pumps amid the recent halt in federal…

1 week ago

Benicia Faces Economic Shift as Valero Refinery Eyes Closure

News Summary Benicia, California, faces uncertainty as Valero refinery announces potential closure by April 2026, impacting local jobs and economy.…

2 weeks ago

Governor Newsom’s Unique Outreach to Top Executives

News Summary Governor Gavin Newsom has initiated a unique outreach strategy by providing prepaid cellphones to 100 top executives of…

2 weeks ago