Latest California News

Gov. Gavin Newsom wants to let Arizona doctors provide abortions in California

Apr. 24, 2024 15:24 PM EDT

SACRAMENTO, Calif. (AP) — Arizona doctors could give their patients abortions in California under a proposal announced Wednesday by Gov. Gavin Newsom to circumvent a ban on nearly all abortions in that state. It would apply only to doctors licensed in good standing in Arizona and...

Teledyne: Q1 Earnings Snapshot

Apr. 24, 2024 07:13 AM EDT

THOUSAND OAKS, Calif. (AP) — THOUSAND OAKS, Calif. (AP) — Teledyne Technologies Inc. (TDY) on Wednesday reported first-quarter net income of $178.5 million. On a per-share basis, the Thousand Oaks, California-based company said it had net income of $3.72. Earnings, adjusted for...

Pacific Premier Bancorp: Q1 Earnings Snapshot

Apr. 24, 2024 06:09 AM EDT

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Pacific Premier Bancorp Inc. (PPBI) on Wednesday reported first-quarter earnings of $47 million. On a per-share basis, the Irvine, California-based company said it had profit of 49 cents. The results exceeded Wall Street...

New federal rule would bar 'noncompete' agreements for most employees

Apr. 23, 2024 17:14 PM EDT

WASHINGTON (AP) — U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as...

Mattel: Q1 Earnings Snapshot

Apr. 23, 2024 17:00 PM EDT

EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — Mattel Inc. (MAT) on Tuesday reported a loss of $28.3 million in its first quarter. The El Segundo, California-based company said it had a loss of 8 cents per share. Losses, adjusted for severance costs and non-recurring costs,...

Enphase Energy: Q1 Earnings Snapshot

Apr. 23, 2024 16:28 PM EDT

FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Enphase Energy Inc. (ENPH) on Tuesday reported a loss of $16.1 million in its first quarter. The Fremont, California-based company said it had a loss of 12 cents per share. Earnings, adjusted for one-time gains and costs, were 35...

East West Bancorp: Q1 Earnings Snapshot

Apr. 23, 2024 16:27 PM EDT

PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — East West Bancorp Inc. (EWBC) on Tuesday reported first-quarter earnings of $285.1 million. The Pasadena, California-based bank said it had earnings of $2.03 per share. Earnings, adjusted for one-time gains and costs, were $2.08 per...

Google fires more workers who protested its deal with Israel

Apr. 23, 2024 10:16 AM EDT

Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war, bringing the total number of terminated staff to more than 50, a group representing the workers said. It's the latest sign of...

Banc of California: Q1 Earnings Snapshot

Apr. 23, 2024 06:11 AM EDT

LOS ANGELES (AP) — LOS ANGELES (AP) — Banc of California Inc. (BANC) on Tuesday reported first-quarter earnings of $38.1 million. The bank, based in Los Angeles, said it had earnings of 17 cents per share. Earnings, adjusted for non-recurring costs, were 19 cents per share. ...

California reject bill to crackdown on how utilities spend customers' money

Apr. 22, 2024 23:46 PM EDT

SACRAMENTO, Calif. (AP) — California lawmakers on Monday rejected a proposal aimed at cracking down on how some of the nation's largest utilities spend customers' money. California's investor-owned utilities can't use money from customers to pay for things like advertising their...