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The Sun’s home for business news in the Central Valley.
Newsom calls for special legislative session to enact tax on oil company profits
With the state's gas prices sky-high again, California Gov. Gavin Newsom announced Friday that he plans to call a special legislative session in December to impose a tax on oil companies’ profits.
October 9, 2022
Newsom’s call for tax on oil profits raise eyebrows
California's oil industry is back in Sacramento's crosshairs after a price spike led Gov. Gavin Newsom to suggest oil producers and refiners should pay a higher rate on profits above a set level.
October 5, 2022
Hanford panel OKs cannabis drying facility to replace cotton facilities
A cannabis drying facility is slated to open on the sprawling site of the Calcot cotton warehouses in Hanford.
October 4, 2022
As Californians pay 70% more for gas, Newsom scrambles to cut prices quickly
Californians have paid more for gas for a long time. But paying 70% more than other Americans has Gov. Gavin Newsom scrambling to get refiners producing their winter blend, a cheaper version of the fuel.
October 3, 2022
Business, man: Madera Co. taps Rose to lead economic development agency
The new face of Madera County economic development has deep roots in the region and faces a quickly-changing county seeking job growth.
September 26, 2022
Oil company is buying out Kern Co. homes. Some residents are blaming Newsom’s latest laws for forcing them from home.
It's one of California's most oil-rich towns and home to a top-flight elementary school. Now, a new California law is forcing oil companies to buy families out of their home.
September 22, 2022
Are Valley housing markets vulnerable or recession-proof? Depends on who you ask.
Are Valley housing markets really as vulnerable as New York or Chicago?
September 20, 2022
Bonta: Amazon keeping prices “artificially high”
California sued Amazon.com saying the company forces third-party merchants to agree to policies that lead to “artificially high prices” for consumers.
September 14, 2022
Hard Rock Tejon? New Valley casino closer to reality. Here’s why.
A proposed Hard Rock hotel and casino in Kern County near Mettler is at the goal-line to receive final approval from the state.
September 11, 2022
Grid Operator: Rolling blackouts imminent Tuesday as temps across Calif. soar
California's grid operator issued an energy emergency alert, the final step before rotating blackouts, for Tuesday evening.
September 6, 2022