CALIFORNIA — This week in California business news, a California tech giant is laying off more than 3,000 “underperformers”; a craft store chain has declared bankruptcy… again; and where you should stay on your next Golden State staycation.
Rent prices soar in Los Angeles in the wake of deadly wildfires that leveled entire neighborhoods.
Check out this week’s top headlines for California business news on Patch:
Quote Of The Week
The Bottom Line
Freebie of the Week
Anyone who purchases a $3 Frosty Key Tag from Wendy’s will be able to get a free Jr. Frosty with any purchase at participating Wendy’s locations. Proceeds from the key tags ware used to support the Dave Thomas Foundation for Adoption.
Repair Cafe Coming To Walnut Creek
Community members can bring items that need fixing, from clothes to small appliances, and volunteers repair them.
Jeff Bezos, Elon Musk, Mark Zuckerberg To Attend Trump’s Inauguration
According to Forbes, they are the three richest people in the world, worth an estimated $850 billion combined.
Newly Built Affordable Housing Opens In Castro Valley
The 72-unit development includes solar panels, a centralized heat pump hot water heater, and on-site electric vehicle charging.
Campbell Relaxes Laws For Building Duplexes
“Generally, we have no choice whatsoever. It’s not something that we necessarily want to do, but we’re required to do.”
FDA Bans Red Dye 3 In Food: How It Could Impact CA Products
The Food and Drug Administration banned the dye used in many candies and cakes due to potential cancer risks.
San Ramon Walmart Begins Major Remodel
Renovations will include new flooring and signage, expanded departments, a community mural, and more.
Bay Area Businesses, Residents Organize Relief Efforts To Help Los Angeles Fire Victims
“Everybody came together–community, faith communities, engaged citizens, trucking folks,” said local pastor Finny Abraham.
California Abandons Diesel Truck Ban And 3 Other Clean-Air Rules Before Trump Is Sworn In
Because Trump is unlikely to approve them, California has no choice but to abandon its groundbreaking rules for zero-emission trucks.
Pleasanton Kohl’s Closing
The Stoneridge Mall location was one of 27 around the country slated to close due to “underperformance.”
New 4-Story Hotel Coming To Morongo Casino Resort & Spa
The hotel is scheduled to open in early 2026.
GoFundMe Aid Could Stymie Wildfire Victims From Getting FEMA Funds
FEMA warned wildfire victims this week that receiving funds from GoFundMe could affect eligibility. What to know.
Rancho Army Navy Store To Close Shop After 40 Years In Business
The store that served SW RivCo’s outdoors fans, Girl & Boy Scout troops, high school ROTC, firefighters and military is shuttering for good.
Man Admits To $65M COVID-Fund Scheme With Fake Beverly Hills Farm: DOJ
A man applied for $65 million in pandemic relief for his agriculture business. But the Beverly Hills farm doesn’t exist, prosecutors said.
Wildfire Price Gougers Who Refund Victims Could See Leniency: DA
The LA district attorney has vowed to come after “despicable” price gougers. But he’s giving them a last warning to refund their victims.
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