California news

California’s Economic Landscape: Oil Taxes and Job Growth

News Summary The debate over oil taxes in California is intensifying as the state, now the fifth largest economy globally,…

2 months ago

California’s Minimum Wage to Increase to $16.50 in 2025

News Summary Starting January 1, 2025, California's minimum wage will rise to $16.50 per hour, up from the current $16.00.…

2 months ago

Banc of California Renewed Sponsorship for SoCal Venture Pipeline

News Summary Banc of California has announced its continued support for the SoCal Venture Pipeline for a third consecutive year,…

2 months ago

Rich Products Corp. Announces Manufacturing Facility Closures

News Summary Rich Products Corp. has announced plans to close multiple manufacturing facilities across the U.S., affecting nearly 600 employees.…

2 months ago

California Business Brokers® Facilitates Major Lighting Industry Sale

News Summary California Business Brokers® has successfully orchestrated the sale of Lutron, a leading distributor of innovative lighting solutions, in…

2 months ago

Governor’s Bold Move to Battle California’s Wildfire Woes

News Summary California's governor has declared a state of emergency to confront the state's wildfire crisis. This declaration enables faster…

2 months ago

California’s Hydrogen Fuel-Cell Stations Face Challenges in 2024

News Summary California's push for greener transportation has hit a snag as the number of hydrogen fueling stations declines. While…

2 months ago

Altadena Residents Face Insurance Challenges After Eaton Fire

News Summary Residents of Altadena, California, are grappling with the aftermath of the Eaton Fire that devastated their community on…

2 months ago