CALIFORNIA —From serious safety concerns leading to the recall of 1.8 million Tesla vehicles to Kanye West’s stripped home selling for $34 million, a lot is going on in California business news this week.
This week Chevron was added to the list of major companies leaving the Golden State. Despite Elon Musk announcing SpaceX would leave California, he recently announced he would be moving its spacecraft splashdowns from Florida to one Southern California city.
Buca di Beppo shut down 20 percent of its restaurants, including one California location serving locals for 25 years.
Tesla is recalling more than 1.8 million vehicles over concerns that their hoods could open on the road, blocking drivers’ views, according to authorities.
Kanye West Sells Gutted Malibu Home For $39M: Report
Kanye West stripped bare his architectural masterpiece of a home, leaving it exposed to the elements and West embroiled in legal troubles.
That Delivery Burrito Came From Denny’s
Denny’s is seizing on an advantage partly created by the new $20 fast food minimum wage to expand its online burrito empire.
Quote Of The Week
“We’re proud of California’s place as the leading creator of clean energy jobs — a critical part of our diverse, innovative, and vibrant economy,” Gov. Gavin Newsom’s spokesperson Alex Stack said of Chevron moving its headquarters to Texas, while the Lone Star State Governor tweeted. “Welcome home Chevron! Texas is your true home. Drill baby drill.”
The Bottom Line
Freebie of the Week
Families across the Golden State are getting ready to head back to school. Here are some school supply giveaways in your area:
More restaurant news: