Business
Billionaire exodus? California drew 10 times more venture capital than any other state this year
Despite concerns that California’s costs and regulations are bad for business, the state has attracted an unprecedented pile of capital…
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california
Business
Cisco to lay off more than 400 workers in California
San José tech company Cisco plans to cut 471 workers in three Bay Area offices, according to layoff notices filed to a state agency. The…
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In California, Organized Labor Might Just Defeat Itself | National Review
Yet another tax-the-rich initiative is running into reality. Source link
Business
California falls behind Texas in Fortune 500 ranking
Texas has dethroned California as the state with the most Fortune 500 companies. The Fortune 500 list ranks the largest U.S. companies by…
Business
Another California tech company lays off thousands, citing AI
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry. Mountain View-based…
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Dogfight over California: The ugly battle between electric air taxi leaders Joby and Archer
Two California companies at the front of the global race to bring battery-powered air taxis to the public are trying to trip each other up…
Business
General Motors to pay $12.5 million to settle claims it illegally sold California driver data
General Motors has agreed to pay $12.5 million dollars to settle claims that the automaker illegally sold location and driving data of…
Business
California tech company Cloudflare to lay off more than 1,000 workers, cites AI
Cloudflare is laying off 20% of its staff, the latest technology company to announce big cuts as it uses more artificial…
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This Rivian spinoff is reinventing e-bikes in California with screens, software and swappable seats
Rivian Automotive has attracted die-hard fans by building a battery-powered truck with enough muscle for off-roading as well as the…
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California billionaire tax proposal attracts 1.5 million signatures. Here's what happens next
California, home to the ultra-rich in Silicon Valley and Hollywood, is embroiled in a heated fight over whether to tax billionaires to…
Business
Amazon pressured Levi's, other retailers to hike prices, California A.G. says
Amazon wanted to sell Levi’s Easy Khaki Classic pants for $29.99, but Walmart had lowered the price, and the giant online retailer had…
Business
Meta, Oracle and Qualcomm share details on layoffs across California
Tech behemoths, including Oracle and Meta Platforms, are laying off hundreds of California workers as they invest heavily in artificial…
Business
PayPal transformed digital payments. Why the California fintech giant is now struggling
PayPal, once the cutting-edge trailblazer of digital payments, is struggling to cash in on consumer clicks like it used to. The San José…
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Sony and Honda pull plug on the $100,000 EV that was set to debut in California
As major automakers pare back their EV offerings, Sony and Honda are scrapping their plans to launch a gadget-packed electric vehicle. The…
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Another billionaire confirms California exit: Uber co-founder Kalanick
Uber co-founder Travis Kalanick said he moved to Texas in December, adding to the list of billionaires who have left California ahead of a…
Business
California Puts $5 Billion at Risk over Gender Scheme in Schools | National Review
A federal investigation finds that the state government elbowed parents aside in order to keep students’ gender-transition plans secret.…
Business
Dream of owning a flying car? This California company is already selling them
A future with flying cars is no longer science fiction — all you need to order your own is about $200,000 and some hope and patience. The…
News
California Man Accused of Killing Wife, Then Setting House on Fire After She Nullified Pre-Nuptial Agreement and Filed for Divorce
A California doctor who was found dead in her home allegedly was the victim of a brutal attack at the hands of her husband, who she was…
News
California Tech CEO Arrested Over Death of Estranged Wife Found at the Bottom of Cliff in San Bernardino Months After She Filed for Divorce
The estranged husband of a Newport Beach woman who was found dead in the San Bernardino Mountains last November was charged with murder…
Business
Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1-billion complex…
Business
California Flirts with Economic Suicide | National Review
And Golden State pols aren’t the only ones. Source link
Business
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a…
Business
GameStop shutters stores across California
GameStop is shutting down more stores in California. The video game, toy and collectible retailer has been struggling to find a way to…
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Southern California has an unlikely AI mecca: the very industrial Vernon
Five miles south of downtown Los Angeles, a single industrial block in Vernon is drawing as much electricity as a small town. Inside a…