Browsing Category
Business
874 posts
The Sun’s home for business news in the Central Valley.
Valero to shut down Bay Area oil refinery
California will lose close to one-tenth of its oil production with the refinery closing.
Frivolous lawsuits are crushing Central Valley small businesses. It’s time for lawmakers to act.
Trial lawyers have turned small technical errors into cash-grab lawsuits that have little to do with protecting employees or consumers and everything to do with enriching lawyers. It's time for a change, writes Tulare County Supervisor Pete Vander Poel.
Bill Lyles – Fresno business leader, builder, philanthropist – passes at 91
William Lyles' career leading the expansive construction firm known as Lyles Diversified is deeply embedded in Fresno's story of growth.
New bill would halt Calif.’s planned 25% weed tax increase
The majority of cannabis users in California continue to purchase from the illicit market.
PG&E asks state for rate increase – this time to repay investors
California regulators already approved six rate increases for PG&E last year.
Former Bitwise CEOs Soberal, Olguin report to Federal prison
Jake Soberal and Irma Olguin Jr. will each serve roughly a decade in prison after defrauding investors of $115 million.
State Farm fires exec who bragged about dumping Calif. homeowner’s policies, manipulating rate hikes
An undercover sting revealed a rare look at what State Farm executives think about raising California insurance rates and dumping homeowner's policies in the wake of January's wildfires in Los Angeles.
California’s cannabis tax revenue drops to lowest point in years
The low total to end last year may not be as bad as it looks, since cannabis businesses in Los Angeles County have an extended deadline to file their taxes due to the wildfires.
Connecticut man pleads guilty to defrauding Bitwise investors
Andrew Adler defrauded investors by lying about the interest rates that Bitwise agreed to on their loans.
Calif. halts controversial clean air rues, gas price hike over legal issues
A hastily-approved regulation designed to increase gas prices in the Golden State didn't pass legal muster, California's air board announced on Tuesday.
