The Newsom administration released the proposal Friday for the upcoming 2026-27 budget year, which acts as a starting point for negotiations with the Legislature about the programs and policies they want to prioritize.
Chipmaker Nvidia had a record-setting year in 2025, becoming the world's most valuable company as the frenzy around artificial intelligence propelled its rise to the top.
California shed more than 175,000 jobs last year, the most of any state, but losses slowed sharply in the December as hiring plans picked up nationwide.
Paramount Chief Executive David Ellison continued his outreach to Warner shareholders saying, "Our offer clearly provides WBD investors greater value and a more certain, expedited path to completion."