Iconic Amusement Park Closing | Mega Hotel Opens | New $4T Company Is World's Most Valuable: CA Business News

CALIFORNIA — This week in California business news: A Golden State company has become the world's first public company to hit $4 trillion in value, an iconic amusement park is closing as it nears its fifth decade, and a newly opened hotel — the very largest in the state — is offering day passes for its water park.

Additionally, a California woman is fuming as she deals with hundreds of unwanted Amazon packages piling up on her doorstep.

But before getting to the biggest business stories in the Golden State, here are some of the best consumer deals of the week:

Freebies, Deals And Steals

• Nordstrom's Anniversary Sale has officially begun. The once-a-year sale includes major discounts on luxury beauty products, clothing, accessories and more. Check out a rundown of some of the best finds at Page Six.
• Willing to brave the summertime crowds at Disneyland? A discount may be waiting for you. The park is offering special pricing on hotel stays and tickets, including park access that starts at $100 per day with a multi-day ticket. Disneyland workers tell Patch summer crowds have dwindled amid the immigration raids hitting SoCal. Visit the Disneyland website for complete details.

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

• Hundreds Of Unwanted Amazon Packages Pile Up On CA Woman's Door
• This Chicago Deli Inspired 'The Bear.' Now It's Serving Up Sandwiches In LA For One Weekend Only
• Trump Singles Out Brazil With 50% Tariffs, Citing 'Witch Hunt' Trial Against Bolsonaro
• Iconic CA Amusement Park To Close — Here's Why
• How To Score A Day Pass At The Brand-New, Largest Hotel In CA
• CA Company Becomes Most Valuable In the World As First To Ever Hit $4 Trillion Valuation
• Worksite Immigration Raids Are Supposed To Free Up Jobs For Citizens. Here's What Really Happens

The Bottom Line

• A San Diego-born breakfast and brunch chain is expanding northward. Broken Yolk Cafe is opening four new restaurants in Southern California this year, adding to its existing 41-restaurant portfolio.
• It's no secret that renting a home in California is financially painful. A new study puts its into perspective: When looking at where renters got the most bang for their buck in 180 markets, not a single California city ranked in the top 10 in Wallethub's study. But there's a big difference between the cities offering the best and worst deals for renters.

More Restaurant News

Zachary's Pizza Opening Livermore Location: Reports

The popular employee-owned Chicago-style pizza chain is opening its second Tri-Valley location in Livermore later this year.

One Of SoCal's Oldest Restaurants To Close After 117 Years: Reports

The eatery, which claims to be Los Angeles' oldest restaurant and saloon, is set to close next month after over a century in business.

Beloved Burger Chain To Open In Lake Elsinore This Summer

The fast-casual joint known for its famous Charburgers will celebrate its Southwest Riverside County location with a VIP pre-opening event.

More Retail News

New Home-Design Warehouse Opens Near Santee: What To Know About Grand Opening

Through mid-July, the new home design warehouse will be offering prizes and discounts, as well as these contests.

Old Town Temecula's Favored Live Music Venue Silenced 'For The Rest Of The Year'

Musicians booked for this local Old Town venue have been canceled thanks to the city's new ordinance.

2 Beloved Old Town Temecula Antique Malls Forced To Close

Old Town Antique Faire, located at 28601 Old Town Front St., #D, and Fourth Street Antiques, at 41975 4th St., will close August 31.

Buildings Leased To Starbucks, Circle K, Sell For $8 Million In The Coachella Valley

The buildings are part of the Cathedral Cove Center along Highway 111.

More Business News

Prolific Thief Who Stole $25K Worth Of Shoes Across LA County Arrested: LAPD

The 23-year-old was arrested after he was linked to nine separate robberies and grand thefts, police said.

Garbage Piles Up Around CA As Workers Join Nationwide Strike

Trash pickup has stalled around the state as Republic Services workers demand better pay and working conditions.

Altercation Over Pokemon Cards Turns Violent At Game Stop

A person was stabbed repeatedly at the Game Stop store in Colma on Saturday.

Santa Clara Demolished Its Downtown In '64. Now, A Woman Wants The Promised Rebuild

"They spent the money on buying other properties, the redevelopment money, and never rebuilt the downtown," said Mary Grizzle.

'Not-So-Fast' Fashion Company Agrees To Payout For Slow Deliveries To CA Customers: Prosecutors

In California, online orders are required to ship within a month of payment, and retailers who run afoul of the law face penalties.

San Diego Tourism Gets Cash Infusion: See Who Benefits From $50 Million In Allotted Grants

Have you ever wondered where that 2% assessment from hotels with 70 rooms or more within the city of San Diego goes?

LAX, Burbank Airport Get Federal Funding For Upgrades

Los Angeles County airports have received federal grant funding that will pay for several projects.

Musk Unveils Grok 4 Update A Day After XAI Chatbot Made Antisemitic Remarks

Musk introduced the new model in a livestream on X late Wednesday, calling Grok 4 "the smartest AI in the world."

South OC City Best Place For Renters, Report Finds

This south Orange County city is Southern California's top spot for renters, The Orange County Register reported.

4 Arrested In RivCo Retail Theft Sting

In a crackdown on retail theft, deputies arrested a group of people on suspicion of such crimes.

Electric Trolley Service Coming To SoCal City Before 2026

The news of the trolleys came shortly after Los Angeles city officials moved forward with building a new amphitheater along the waterfront.

Travelers Will See These San Diego International Airport Improvements Thanks To New Grant Award

San Diego International Airport is one of 18 California airports to receive the 2025 improvement grants. See what changes are in store.