Browsing Tag
California
537 posts
Workday revenue rose nearly 13%, yet hundreds of jobs are going. Is AI changing how software companies grow?
Workday, Inc. is eliminating approximately 2.5% of its workforce, primarily across product and technology teams, while continuing to recruit in selected strategic areas. California filings show 142 permanent jobs will disappear at the company’s Pleasanton headquarters, highlighting how enterprise software companies are increasingly combining revenue growth, artificial intelligence investment and workforce reductions rather than treating them as mutually exclusive.
Can microbes cut farmers’ fertilizer bills? BioConsortia’s $15m bet is getting serious
BioConsortia has secured $15 million in fresh equity funding to accelerate commercialization of Always N and Zaffre. Stronger reported adoption in New Zealand and promising corn yield trials support expansion, but manufacturing economics, regulatory approvals and consistent field performance remain central to its global ambitions.
Mission Produce targets 300 basis points of margin expansion as 2035 growth plan takes shape
Mission Produce targets 300 basis points of margin growth and plans to triple adjusted EBITDA by 2035. Find out what investors should watch next.
21 children, dozens of cameras and a California mansion: Inside the surrogacy case prosecutors call unprecedented
A California couple faces charges in a surrogacy-linked case involving 21 children. Find out what prosecutors allege and what happens next.
FBI whistleblower alleges Trump pushed investigations of anti-ICE protesters
An FBI whistleblower alleges Trump officials pushed probes of anti-ICE protesters, raising questions over protected speech and federal investigative powers.
Six Flags permanently closes X2 in California after mounting brain injury claims and safety scrutiny
Six Flags has permanently closed California’s X2 coaster amid brain injury claims and lawsuits. See why the case could reshape ride safety.
Juanita’s Foods shifts manufacturing to Santa Fe Springs after 80 years in Wilmington
Juanita’s Foods has acquired a 120,000-square-foot manufacturing facility in Santa Fe Springs, California, and will consolidate production from its long-time Wilmington site as the 80-year-old Mexican food manufacturer prepares for further growth across retail and foodservice channels.
California SB 253 puts $1bn companies on November 10 emissions-reporting clock
US companies with more than $1 billion of annual revenue that fall within California SB 253 face a November 10 deadline for their first Scope 1 and Scope 2 greenhouse-gas submissions, while Scope 3 and limited assurance are expected to add another reporting layer in 2027.
Paramount’s $110bn Warner Bros. deal faces rising cost as DOJ enters bond fight
The United States Justice Department has backed the principle that states trying to block Paramount Skydance’s $110 billion Warner Bros. Discovery acquisition should post a bond, as Paramount argues regulatory delay could leave it paying more than $1 billion in merger ticking fees.
5E Advanced Materials wins court approval for Searles Valley critical minerals acquisition
5E Advanced Materials has won court approval to acquire Searles Valley assets, adding boron production, infrastructure and new financing obligations.