Wildfire Safety: PG&E filed a 10-year plan to bury 5,000 miles of power lines in high-risk areas, saying the work could reduce ignition risk and save customers $6 billion in maintenance costs. Wealth-Tax Fight: Opponents of Proposition 40 have raised more than $300 million—about 10 times the amount raised by supporters—as the November vote approaches. Startup Funding: Chip startup Nuvacore is seeking hundreds of millions of dollars at a reported $2.5 billion valuation, despite not yet having a product, amid rising demand for data-center processors. Imperial County Investment: Imperial County and the state’s GO-Biz office are coordinating business incentives, while Sugar Valley Energy has secured an interconnection agreement for its planned biomass power plant near Brawley. Business Rules: California’s expanded antitrust law and new licensing requirements for commercial financing providers add compliance obligations for companies. Hollywood Deal: Paramount completed its $81 billion acquisition of Warner Bros. Discovery, joining major studios and streaming services under one corporate roof after agreeing to production and worker-support commitments.