California

President Biden released a statement Friday encouraging harsher penalties on bank executives who mismanage their institutions into financial collapse.

A BNSF Railway train carrying corn syrup derailed Wednesday evening near Topock, Arizona — the latest in a series of similar accidents nationwide.

A California school board is suing some social media companies over the content delivered to children and their practices.

President Biden formally sent Julie Su's nomination to be the next secretary of labor to the senate on Tuesday, the White House announced.

Former Treasury Secretary Larry Summers said Silicon Valley Bank made an "elementary" mistake in banking that led to its collapse and takeover by federal regulators.

An official who served in the Treasury Department under former President Obama was also a board member of Silicon Valley Bank before its collapse last week.

Silicon Valley Bank gave its employees their annual bonuses on Friday just hours before the federal government took control of the bank to halt its collapse.

Andrew Yang, a businessman and Democratic political candidate in multiple races, urged for government action on the collapse of Silicon Valley Bank warning of mass layoffs.

California Governor Gavin Newsom said in a statement that he's working with the White House and Federal Deposit Insurance Corporation after Silicon Valley Bank was shut down by regulators.

Days before Silicon Valley Bank collapsed, the bank praised itself for being named onForbes magazine's annual ranking of "America's Best Banks" for five years in a row.

Governor Gavin Newsom decided not to renew a $54 million contract with Walgreens in response to the company's decision not dispense abortion drugs in certain states for legal reasons.

A black couple has settled a lawsuit with a property appraiser who undervalued their California home by almost half a million dollars.

The feds suspect that a Tesla was using the automated driving system when it crashed into a firetruck last month. The California crash killed the driver and injured the passenger.

California Governor Gavin Newsom slammed Walgreens over its decision to stop selling the abortion drug mifepristone in 20 states led by Republican attorneys general.

Sacramento Mayor Darrell Steinberg told members of the California task force on reparations that he wholeheartedly supports giving Black Californians compensation for being descendants of slaves.

California's long-planned high-speed rail project has been set back with cost increases and delays, a new report from the California High-Speed Rail Authority said.

Disneyland removed the lyric "zip-a-dee-doo-dah" from its park parade this year over concerns regarding its origin in the controversial film "Song of the South."

"Million Dollar Listing" star Josh Altman spoke to FOX Business about his client Dr. Paul Nassif's home, his thoughts on if it will sell and the current luxury real estate market.

Brightline, the company behind the planned bullet train from Southern California to Las Vegas, has reached a labor agreement with the High-Speed Rail Labor Coalition.

A California state bill would require all businesses to provide proof of purchase receipts electronically unless a customer asks for a printed copy.