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The Sun’s home for business news in the Central Valley.
CPUC approves further PG&E rate hikes
Customers will see their bills increase by an average of $5 per month to cover wildfire mitigation and infrastructure costs.
March 8, 2024
JetBlue cancels bid to buy Spirit
The airlines faced regulatory hurdles that prevented the deal from materializing.
March 4, 2024
Anheuser-Busch reaches deal to avoid strike
Anheuser-Busch and the Teamsters union have reached a contract agreement that avoids a strike at the company’s 12…
February 29, 2024
Newsom catches heat for exempting Panera Bread, led by top donor, from $20 minimum wage law
The exemption, according to a report from Bloomberg, is because of the relationship between Panera franchisee Greg Flynn and Gov. Gavin Newsom.
February 28, 2024
Southern California Edison agrees to $80 million settlement
The utility is settling a lawsuit over the 2017 Thomas Fire.
February 27, 2024
Macy’s to close flagship San Francisco location
This is just the latest in a long line of stores to leave San Francisco’s Union Square in recent years.
February 27, 2024
Calif. rakes in $270mil in cannabis tax for 2023 fourth quarter
The cannabis tax brought in over a billion dollars to the state’s coffers last year.
February 27, 2024
Faraday Future announces reverse stock split
The electric vehicle manufacturer is consolidating its stock in a hope to keep its listing on Nasdaq.
February 27, 2024
FTC files lawsuit to block Kroger-Albertsons merger
California Attorney General Rob Bonta joined a lawsuit against Kroger to block the merger.
February 26, 2024
Fresno’s Assemi family preps exit from farming, shops $2bil sale of farms, pistachio business
One of Fresno's wealthiest farming families could be getting out of the business, listing all of its farms and ag businesses for sale in a confidential listing acquired by The Sun.
February 28, 2024