California Scrambles To Plug $240 Million Hole And Rescue Stalled Affordable Homes
HCD opened a $240M gap fund to push shovel‑ready affordable rental projects forward, a move that could unlock nearly 2,300 homes statewide.
Santa Clara Chip Titan Hit With $252 Million China Export Penalty
Applied Materials agreed to a $252.5M BIS settlement that forces audits and keeps export privileges on a three‑year leash. The ruling reshapes routing strategies for chip tools.
Westminster Lotto Slip Snags $600K As Fantasy 5 Nears $1M Statewide
Twelve California Fantasy 5 tickets paid $992,456 this week, topped by a $605,089 Westminster win. Here’s where the winning tickets were sold and how to claim.
Battery Upstart Eyes Sacramento In High-Voltage Factory Gambit
Peak Energy is reportedly weighing Sacramento for a battery manufacturing line and could seek up to $10.5M in state tax credits tied to a $71M investment. The move would deepen Sacramento’s budding battery cluster.
Cupertino Power Shuffle: Apple Taps Hardware Chief John Ternus As Next CEO As Cook Moves Upstairs
Apple announced a planned leadership handoff: John Ternus will become CEO on Sept. 1, 2026, while Tim Cook moves to executive chairman and stays through the summer. The board approved the transition unanimously.












