CALIFORNIA — This week in California business news, a California tech giant is laying off more than 3,000 “underperformers”; a craft store chain has declared bankruptcy… again; and where you should stay on your next Golden State staycation.
Rent prices soar in Los Angeles in the wake of deadly wildfires that leveled entire neighborhoods.
Check out this week’s top headlines for California business news on Patch:
Freebie of the Week
Anyone who purchases a $3 Frosty Key Tag from Wendy’s will be able to get a free Jr. Frosty with any purchase at participating Wendy’s locations. Proceeds from the key tags ware used to support the Dave Thomas Foundation for Adoption.
The LA district attorney has vowed to come after “despicable” price gougers. But he’s giving them a last warning to refund their victims.