California business

Walmart to Close Five Locations in California by 2025

News Summary Walmart has announced the permanent closure of five stores in California to improve profitability and focus on higher…

4 weeks ago

California Proposes Cuts to Energy Assistance Programs

News Summary California is facing significant cuts to its energy assistance programs due to a budget shortfall, raising concerns among…

4 weeks ago

California Sees Major Business Developments and Safety Concerns

News Summary Recent developments in California highlight significant changes in the business landscape, including Uber's new bus-like service, a DoorDash…

4 weeks ago

California Overtakes Japan as Fourth-Largest Economy

News Summary California has officially surpassed Japan to become the world’s fourth-largest economy, with a nominal GDP of $4.1 trillion.…

4 weeks ago

California Resident Pleads Guilty to DoorDash Fraud Scheme

News Summary Sayee Chaitanya Reddy Devagiri has pleaded guilty to conspiracy to commit wire fraud, part of a scheme that…

1 month ago

Former DoorDash Driver Pleads Guilty to Wire Fraud

News Summary Sayee Chaitanya Reddy Devagiri, a former DoorDash driver, has pleaded guilty to wire fraud after orchestrating a scheme…

1 month ago

California Faces $12 Billion Budget Shortfall for 2024-2025

News Summary California is grappling with a projected $12 billion budget shortfall for the 2024-2025 fiscal year, attributed to factors…

1 month ago

New California Regulations Target AI and Automated Decision-Making

News Summary California has implemented new regulations addressing automated decision-making technologies (ADMT), notably in hiring and employee assessments. Proposed by…

1 month ago

California Faces $16 Billion Revenue Shortfall Amid Tariffs

News Summary California is set to experience a significant $16 billion revenue shortfall in the upcoming fiscal year, primarily due…

1 month ago

State Farm Secures Emergency Rate Hike Approval in California

News Summary State Farm has received approval for a 17% emergency rate hike on homeowner policies amid financial pressures from…

1 month ago