Cue Health is shutting down permanently, with all remaining U.S. employees receiving final paychecks on May 24. The San Diego…
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Ex-xAI Co-Founder Drops $70 Million on California’s Priciest 2026 Estate
Tony Yuhuai Wu, an early xAI co-founder, reportedly bought Hillsborough’s Villa de Verano for $70 million, making it the town’s…
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Fisker’s $2.9 Billion EV Dream Files Bankruptcy Owing $500 Million
Fisker filed for Chapter 11 bankruptcy Monday, ending a dramatic collapse for the electric vehicle startup once valued at $2.9…
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FedEx’s $2 Billion Overhaul Axes 116 Jobs Across Victorville, Palm Springs
A $2b operational reset is cutting over a hundred jobs in California's logistics hubs. The restructuring hits Victorville and Palm…
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Intel Slashes 319 California Jobs While Chasing Billions in Federal Funding
Intel is laying off 319 workers at its Folsom campus while simultaneously pursuing up to $8.5 billion in CHIPS Act…
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Snapchat Sheds 250 California Staffers as $500 Million Cost-Saving Plan Takes Hold
Snap is cutting nearly 30% of its California workforce as part of an aggressive half-billion-dollar lean-up that’s already underway. The…
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A $29 Billion Takeover Threatens the Last Flexible Lifeline for Small Restaurants
Restaurant suppliers used to let struggling owners slide on payments for weeks. A massive acquisition is about to eliminate that…
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VSP Global Acquires Visionworks in Its Biggest Deal Ever, Doubling Its Workforce Overnight
California-based VSP Global has agreed to acquire San Antonio eyecare retailer Visionworks for an undisclosed sum, marking the company's largest…
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