Drop In Home Prices | Bankruptcies Increase | CA Business News

CALIFORNIA ? This week in California business news, home prices 'rebalance'; bankruptcies rise in the Golden State; and Tesla left out of electric vehicle rebates.

A woman called into work on her day off bought a lottery scratch ticket on her break, only to find out she won the jackpot after clocking out.

Check out this week's top headlines for California business news on Patch:

• Home Prices Fall As CA Housing Market 'Rebalances'
• In CA's Sea Of Sky-High Home Prices, One Tech Industry Town Has Dropped Since 2019
• Bankruptcy Filings Up In CA, Nationwide: Study
• CA Could Exclude Tesla From EV Rebate Program
• CA Farmworker Deportation Crisis Looms: Report
• Woman Working On Her Day Off At Walmart Lands $1M Windfall

Quote Of The Week

?I?ve only told one person at work, and it was the manager who wanted me to stay late on a holiday. He couldn?t believe it.? - Woman wins lottery after working on her day off.

The Bottom Line

• During a recent tour of California's Central Valley, Gov. Gavin Newsom announced an initiative on job creation to boost its agricultural industry.
• California General Attorney Rob Bonta charged a construction company with wage theft and tax evasion that he said cost workers $2.6 million.
• State agriculture officials banned a Fresno-based Raw Farm from distributing raw dairy products amid concerns about bird flu among the company's cattle.

Freebie of the Week

Dec. 4 is National Cookie Day and chains across America are offering free cookies to customers. Some large chains offering freebies include Great American Cookies and Insomnia Cookies.

More Restaurant News

Bar Owner Arrested After Firing Bullets Into Building: Report

The owner of the bar was arrested on suspicion of firing bullets into the walls and ceilings above the establishment, according to a report.

More Business News

JPMorgan Chase Eliminates 335 Jobs In California

The contract workers have been with the company since the collapse of First Republic Bank in May of last year.

Best, Worst Black Friday Deals: What Things Actually Cost More

According to a new study, 17.5% of items at major retailers will be more expensive on Black Friday than their current Amazon.com prices.

Record Number Of Wineries For Sale In Temecula Valley: Report

Owners are approaching retirement age or have become burdened with debt, operational expenses and other issues, the PE reports.

Black Friday Shoppers Line Up For Deals, New Taylor Swift Book

Swifties flocked to Target, while malls and outlet stores filled with early shoppers this holiday season.

SoCal Lotto Winner Finally Gets $17M Payout: Report

An Orange County man has been paid the winnings from a $44 million lottery jackpot he won back in August.

Whole Foods Plans New SoCal Location

The former Albertsons on Sepulveda Boulevard, once the planned site of a seven-story development, will instead house a new Whole Foods.