Posted inEconomy

Billions of Dollars in Commercial Real Estate Debt Pressuring California Markets

By Travis Gillmore High interest rates and a shift to working from home continue to impact commercial real estate in California, specifically the office sector, with lingering high vacancy rates and impending loan due dates creating both risks and opportunities, according to experts. With approximately $21 billion in commercial mortgage-backed securities coming due in Los […]

Posted inNational News

Driverless Cars in California Immune from Traffic Tickets under Current Laws: Report

By Jill McLaughlin Autonomous cars driving city streets in California have run red lights, blocked emergency vehicles, and injured a pedestrian. But can they get tickets from police officers? Probably not, according to some experts. An investigative report by NBC Bay Area found the state’s law enforcement was unable to cite the driverless vehicles. In California, traffic […]

Posted inBusiness

California Small Businesses Shaken Down by Frivolous Lawsuits

By Rudy Blalock California small businesses are being shaken down by frivolous lawsuits, with some owners fleeing the state or foregoing their dreams because of the state’s countless laws and regulations, according to business owners and citizens advocating for reform. Last year, California was ranked the third worst “Judicial Hellhole,” in the country, according to […]

Posted inNational News

California Governor Signs Bill Banning Hand Counting of Ballots in Most Elections

By Zachary Stieber California Gov. Gavin Newsom signed legislation on Oct. 4 that bans hand counts in nearly all elections in California, drawing opposition from at least one county. Mr. Newsom, a Democrat, signed Assembly Bill 969, authored by Assemblywoman Gail Pellerin, also a Democrat. The bill took effect immediately. The law forbids any election officials […]

Posted inNational News

Ramaswamy Assails ‘Woke Capital’ in California’s Corporate Sphere

By Nathan Worcester Days after a relatively subdued performance at the second GOP presidential debate, entrepreneur Vivek Ramaswamy pitched to California Republicans about the dangers of cronyistic “woke capital” from leftist corporations at their autumn convention on Sept. 30. “I’ll take you back to the 2008 financial crisis,” the 2024 presidential candidate said. Mr. Ramaswamy […]

Posted inNational News

Trump’s Message Resonates With Californian Republicans: Leftist Policies Tarnished the Golden State

By Janice Hisle ANAHEIM, Calif.—After hearing former President Donald Trump describe their state’s Leftist-induced woes—and his resolve to reverse them—California Republicans said they feel new optimism in this Democrat stronghold. If circumstances worsen, more Democrats and voters with “no party preference” might consider casting ballots for the Republican former president to ease their pain, several […]