California Business News

State Farm Seeks 11% Rate Increase for California Homeowners

News Summary State Farm has applied for an 11% homeowners' insurance rate hike in California, following a 17% interim increase.…

3 weeks ago

California Film Tax Credit Expansion Faces Legislative Setback

News Summary California's proposed expansion of its film and TV tax credit program, which aimed to increase the program cap…

3 weeks ago

The Business Journal Shines at California Journalism Awards 2024

News Summary The Business Journal achieved remarkable success at the California Journalism Awards 2024, claiming a total of 10 first-place…

4 weeks ago

State Farm Proposes 30% Rate Increase for California Homeowners

News Summary California homeowners face a potential 30% increase in insurance rates as State Farm seeks approval for the hike…

4 weeks ago

US Senate Votes to Repeal California’s Gasoline Car Ban

News Summary The US Senate voted 51-44 to repeal California's ban on gasoline-powered cars by 2035, challenging the state's environmental…

4 weeks ago

Small Business Optimism Sees Slight Decline in January

News Summary In January, small business optimism dipped slightly, according to the National Federation of Independent Business (NFIB). Despite this…

4 weeks ago

California Proposes Major Cuts to Journalism Funding

News Summary Governor Gavin Newsom has announced a significant 67% reduction in funding for the California Journalism Preservation Act, diminishing…

4 weeks ago

State Farm Requests Additional Rate Hike for Homeowners Insurance in California

News Summary State Farm has requested an 11% increase in homeowners' insurance rates in California, following a previously approved 17%…

4 weeks ago

California Senate Vote on EV Mandate Looms

News Summary California is set for a key Senate vote next week that may result in lifting the ban on…

4 weeks ago

California Faces Declining International Container Volume Amid Trade War

News Summary California is experiencing a significant decline in eastbound international container volume due to the ongoing U.S.-China trade war.…

4 weeks ago