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The Sun’s home for business news in the Central Valley.
Furloughed Bitwise employees file class action lawsuit against failed company
The lawsuit alleges, among other things, that Bitwise's misled employees regarding their furlough to avoid personal liability for failing to follow labor laws.
Who owned Bitwise Industries before its collapse? Here’s a look at the ownership roster, numbers.
Big banks, Valley farmers, hedge funders, and tech savants held shares in Bitwise Industries before its collapse.
What crime? Calif. advances bill barring retailers from confronting thieves.
Retailers are fuming over a bill that would likely invite greater theft.
Apple rolls out new VR tech at developer conference
The tech firm is betting big on virtual reality hardware with a hefty pricetag.
Supreme Court rejects oil-led challenge to Calif. drilling rules
A Golden State ban on off-shore fracking will stand.
Blowing smoke? Fresno projects jarring boom in cannabis sales.
Fresno's cannabis tax revenue has become an early sticking point in the city's budget negotiations.
House GOP hits afterburner to block gas stove bans
The war over gas stoves rages on in Washington with two bills hitting the House floor this week.
Bitwise Industries hooked lenders with word of a pending Goldman Sachs deal. It wasn’t real.
The outsized name of one of America's largest investment banks was utilized to lure more cash in recent months for the floundering tech venture.
Allstate halts accepting Calif. home insurance applications
The move is the second major exit of an insurance firm in the California homeowner's insurance market in two weeks.
‘Unconscionable’: Attorney preps employee class action suit against Bitwise
Employees could launch a class action suit over labor law violations by Bitwise Industries roughly one week after their surprise furlough.
