This week in California business news, there are several exciting developments happening. Billionaire OpenAI CEO Sam Altman has announced that he will be donating over half of his fortune as part of the Giving Pledge. In other news, Amazon has opened its first California pharmacy in Riverside County, offering common medications and same-day delivery.
However, it wasn’t all positive news for businesses this week. Rubio’s Coastal Grill announced the closure of 48 locations in California due to rising costs of doing business. Meanwhile, a small home in Northern California priced at almost $2 million sparked outrage on social media due to its stained carpet.
In addition to these challenges, businesses have also been dealing with counterfeit money being passed at stores, making it clear that the state’s business landscape is constantly evolving. Stay tuned for more updates on the latest developments in California business news on Patch.
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