A U.S. district judge put on hold the bankruptcy sale of genetic testing company 23andMe late on Monday, giving California ...

The state of California could take over Pacific Gas and Electric if the utility company does not pull itself out of bankruptcy by June 2020, California Gov. Gavin Newsom said Friday.

The bankruptcy is different from PG&E's bankruptcy in 2001, when California faced an energy crisis that caused power outages. Newsom said the state has an "abundance" of energy and power shutoffs ...

“New California” founder Paul Preston on Monday said California will go bankrupt if the tax measure is passed. “Well we basically go bankrupt, continue on the path of financial tyranny, that ...

While many states are grappling with budget problems, none are nearly as large as California’s relative to its size--$41 billion in a state of 37 million, or $1,108 per resident.

David Guaspari asks: It seems clear that the political classes of New York and California will continue to misgovern their states into ruin, confident that the states are too big to fail and will b… ...

California topped Moneywise's list for highest risk of senior bankruptcy. ... "No matter how you look at it, this high risk of bankruptcy for the state's seniors is alarming," Beene told Newsweek.