Business

A gas station in Washington on June 16, 2026. Photo by Madalina Kilroy.

US gasoline prices fall for 6th straight week 

By Tom Ozimek Contributing Writer  U.S. gasoline prices have fallen for a sixth consecutive week, slipping below $4 per gallon nationally, as easing concerns over global oil supplies and improving prospects

This transaction from a gas station in Saugus on Friday, March 27, 2026, was for a midsize truck's fill-up at $5.74 per gallon. Signal staff photo.

California lawsuit alleges AI gas price fixing 

By Naveen Athrappully Contributing Writer  Three California residents are suing a fuel pricing company and several gas station operators, alleging that they use artificial intelligence-based pricing systems to raise gasoline prices in an

Dave Regan speaks to the SEIU-UHW Leadership Assembly in 2013. Photo by Steve Yeater courtesy of SEIU-UHW

‘Billionaires tax’ qualified for ballot: What to know  

By Kristen Hwang CalMatters Writer  A union wants California’s billionaires to rescue the state’s health care system. The billionaires have other ideas.   On Wednesday, an initiative to tax the state’s wealthiest residents qualified

A Pizza Hut store in Costa Mesa, Calif., on Dec. 27, 2023. Photo by John Fredricks.

Yum Brands to sell Pizza Hut for $2.7B 

By Bill Pan Contributing Writer  Yum Brands is selling Pizza Hut in a pair of transactions worth a combined $2.7 billion, splitting ownership of the pizza chain between a U.S. private equity firm

A sign directs attendees to the 2024 Black Business Month Celebration Wednesday night at the California Institue of the Arts on Aug. 7, 2024. Trisha Anas/ The Signal.

Chamber announces Black Business Month celebration 

News release  The Santa Clarita Valley Chamber of Commerce has announced its fourth annual Black Business Month Celebration, honoring the resilience, innovation and impact of Black entrepreneurs across the Santa Clarita Valley.   This year’s celebration is scheduled to be held on Thursday, Aug. 6, at 5:30 p.m. at the California Institute of the Arts, 24700 McBean Parkway, Valencia.  “A year into serving as chair of the Black Business Council, I am deeply grateful to bring our community together once again for this special celebration,” Tamara Pickering, chair of the Black Business Council, said in a chamber news release. “Every

Tesla and SpaceX CEO Elon Musk walking into the White House grounds in Washington on Feb. 13, 2025. Photo by Travis Gillmore.

SpaceX raises $86B in record-breaking IPO 

By Andrew Moran Contributing Writer  SpaceX raised almost $86 billion from last week’s record initial public offering — also known as an IPO — after major brokers exercised their overallotment of shares, the company said on Monday.  Elon Musk’s rocket, artificial intelligence and

Paul Butler commentary

Paul Butler | Workplace Surveys 

My gym just announced its annual member survey. As members, we each received a link in our inboxes, and there are various signs around the fitness center encouraging us to

Press release

Assessor announces new service counter in Castaic 

News release   Los Angeles County Assessor Jeff Prang announced the opening of the assessor’s new North District Regional Public Service Counter at the Castaic Library, expanding in-person services for residents and

Matilija offers unique community plan 

Placerita Canyon property owner proposes new farm-to-table neighborhood concept The Santa Clarita Valley hasn’t yet seen a project like the one Matilija Fields is proposing.  The new owner of the land at the

 City OKs study on Sunridge 

The Santa Clarita City Council on Tuesday approved the latest milestone for a project expected to transform the landscape of the Santa Clarita Valley and add thousands of homes.  The

Business News Filler

Chamber invites community to Business Expo 

News release  The Santa Clarita Valley Chamber of Commerce invites the community to attend the 2026 Business Expo on Thursday from 4 to 7 p.m. at the Valencia Town Center.  “As the largest business showcase in the Santa Clarita Valley, the Business Expo will bring together more than 100 local businesses and nonprofits for an exciting evening of discovery, networking, community engagement and fun,” said a

A SpaceX rocket carrying Starlink satellites into orbit was seen from the Santa Clarita Valley in a Valentine's Day launch from Vandenberg Space Force Base near Santa Barbara. The Falcon 9 rocket was launched at about 6 p.m.

US awards SpaceX $4.16B for Golden Dome satellites 

By Naveen Athrappully Contributing Writer  The U.S. Space Force has awarded SpaceX $4.16 billion to build a network of satellites that will form one of the layers of the Trump administration’s Golden Dome for America

Paul Butler commentary

Paul Butler | Don’t Phone It In! 

Even after living here for 20 years, I still hear American English phrases I don’t understand. Just this weekend I heard someone say: “Don’t just phone it in.” I’ve come to understand this translates into English-English as: “Don’t be half-soaked.”    See, being

Business News Filler

EU fines Temu $232M for sales of illegal products 

By Chris Summers Contributing Writer  The European Commission has fined Chinese online retailer Temu 200 million euros ($232 million) for failing to do enough to stop the sale of illegal products within the 27-member European

Business News Filler

Regulators seek details on $85B rail merger 

By Bill Pan Contributing Writer  Federal regulators have paused the review of Union Pacific’s proposed acquisition of Norfolk Southern, an $85 billion deal that would create the United States’ first transcontinental freight railroad.  Union Pacific’s