CALIFORNIA — This week in California business news, a gold-bearing river and a pot farm in one property hit the market; one city in the Golden State is cheaper to live today than five years ago; and Disney reached a $233 million wage theft settlement.
Which California region has the highest percentage of residents making more than $500,000 a year? According to researchers, about 1 in 48 jobs in this area pay over $500,000 per year.
Check out this week’s top headlines for California business news on Patch:
Freebie of the Week
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President Donald Trump announced Stargate, a new joint venture between OpenAI, Oracle, and SoftBank.OpenAI CEO Sam Altman s
The main reasons why the companies reduce headcounts have been voted as restructuring (22%), declining revenue (18%), and market shifts/industry trends (15%). B
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GRINNELL, Iowa (KCRG) - Jeld-Wen, a window and door manufacturing company, is closing its Grinnell plant with 298 people set to lose their jobs.The company anno