California business news

State Farm Secures Emergency Rate Hike Amid Wildfire Claims

News Summary California has approved State Farm's request for an emergency rate hike, raising homeowner insurance rates by an average…

1 month ago

California Approves 17% Homeowners Insurance Rate Increase for State Farm

News Summary California has approved a 17% increase in homeowners insurance rates for State Farm customers following a ruling concerning…

1 month ago

California Film Industry Faces Tax Incentive Challenges

News Summary The California film and television industry is confronting significant challenges linked to tax incentives, as highlighted by key…

1 month ago

California Homeowners Sue Insurers Over Fire Coverage Withdrawal

News Summary In response to the increasing difficulty of obtaining fire insurance, California homeowners have filed a lawsuit against major…

1 month ago

California Florists Face Price Hikes Ahead of Mother’s Day

News Summary As Mother's Day approaches, floral businesses in Long Beach and nationwide are seeing significant price increases on flowers…

1 month ago

Rite Aid Announces Store Closures Amid Chapter 11 Bankruptcy

News Summary Rite Aid has announced the closure of over 98 stores in California as part of a nationwide restructuring…

1 month ago

California Cherry Growers Face Uncertain Harvest Season

News Summary This year's cherry harvest in San Joaquin County is expected to be significantly lower, with projections indicating a…

1 month ago

California Proposes $750 Million Tax Rebate for Film Industry

News Summary California's film and television production sector, facing a 30% decline, may receive a $750 million tax rebate to…

1 month ago

California Businesses Face Economic Challenges from Trade War

News Summary California is facing significant economic challenges as the effects of President Trump's trade war become evident. With tariffs…

1 month ago