Friday, March 20, 2026
Daily Business Report

Daily Business Report: Thursday, June 26, 2025

Another French Laundry Moment for the Effete, Elitist Gavin Newsom

By Katy Grimes | California Globe

California Governor Gavin Newsom has not had a good week.

The 9th Circuit Court of Appeals Issues Smackdown for Gov. Gavin Newsom: National Guard Stays in LA, the Globe reported. “A three Judge panel of the U.S. Court of Appeals for the 9th Circuit issued an unanimous order is a stunning victory for President Donald J. Trump who deployed 4,000 National Guard troops to Los Angeles, to protect federal buildings, as well as immigration agents during the recent Los Angeles riots.

Newsom Gas Tax: Californians are facing a 65 cent gas tax increase July 1st – everyone in California will be paying more than $5.00 for a gallon of regular gas. And that’s just on the way to an eventual $8.63 per gallon, the Globe reported.

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Businesses Threaten Referendum as Minimum Wage for Hotels, Amusement Parks and Event Venues Moves Forward

By Scott Lewis | Voice of San Diego

In February, Darshan Patel, the CEO of the Hotel Investment Group, asked the San Diego City Council’s Select Committee on Cost of Living to exempt small hotels from plans to raise the minimum wage for hospitality workers. He said he spoke for the many Indian-Americans who owned small hotels like the Super 8’s and Motel 6’s with little margin to pay workers more.

He pointed to the workers in the room advocating for higher wages.

“All the workers here are just like us. They have revenue that comes in from wages and they have expenses to pay. If one of those expenses increases by 40 percent in January, just like that, they won’t be able to survive just like our smaller motel owners,” he said.

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Trump cancelled millions in California research grants. Judges want to restore them

By MIKHAIL ZINSHTEYN | CalMatters

Federal judges handed California researchers temporary victories in their quest to retrieve what’s likely tens of millions of dollars in federal grants the Trump administration cancelled this year.

The judges issued the rulings in three cases Monday. In one case, more than 800 science research grants, including about 430 in California, need to be restored after a federal Massachusetts judge ruled the Trump administration’s cancellation of the grants was “illegal” as well as “arbitrary and capricious.” The list could grow as the trial advances. The judge said last week that he had “never seen a record where racial discrimination was so palpable” in his 40 years on the bench.

A similar case filed by a national coalition of health researchers and graduate students affects a few dozen California research grants and hundreds of others across the country. Both cases were heard by William Young, a President Ronald Reagan appointee, and largely concern the National Institutes of Health, the world’s largest public funder of biomedical research.

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