Latest California News
Pacific Premier Bancorp: Q1 Earnings Snapshot
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
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
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
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
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
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
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
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...
Rail spikes hammered, bullet train being built from Sin City to the City of Angels
LAS VEGAS (AP) — A $12 billion passenger bullet train linking Las Vegas and the Los Angeles area was dubbed the first true high-speed rail line in the nation on Monday, with the private company building it predicting millions of ticket-buyers will be boarding trains by 2028. ...
California announces first new state park in a decade and sets climate goals for natural lands
MODESTO, Calif. (AP) — California will open its first new state park in a decade this summer, Gov. Gavin Newsom and state officials announced Monday, as the state sets targets for cutting planet-warming emissions on natural lands. The 1,600-acre (648-hectare) Dos Rios tract in the...
