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Business
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The Sun’s home for business news in the Central Valley.
Tejon Ranch suffered loss fighting proxy battle
The company spent millions in consulting fees during a proxy fight in the second quarter of the year.
After years of restriction, Newsom floats bill to streamline new oil well drilling
While the Gavin Newsom has railed against oil companies during his time in office, he reportedly is changing his tune to allow some new wells to bypass environmental regulations.
Feds eliminate red tape to boost oil permits in California
Republican lawmakers from California had pushed the Trump administration to take action to streamline the permitting process to keep the state from requiring unnecessary delays.
Kern County approves zoning revisions for oil wells
Oil and gas production could be put back in the hands of local officials if a court approves the changes.
Report: Calif. companies are increasingly moving their headquarters out of state
While the number of headquarters leaving California has remained small, the number has grown over a 10-year period.
PG&E hires security to protect CEO
The utility has become more and more unpopular in recent years in large part due to rate hikes.
Public lands in Central Valley could be reopened for oil and gas leasing
The effort to reopen lands for oil and gas leasing stems from President Donald Trump’s push to expand American energy production.
Cannabis tax revenue takes first quarter hit
The state's tax revenue from legal cannabis had a down start to the year.
Diablo Canyon clears hurdle with Federal regulators to extend nuclear power production for 20 years
California’s last operating nuclear power plant received a big boost from Federal regulators following inspections.
New power substation opens in Central Valley
LS Power recently energized a new substation that will support the local power grid.
