Daily Business Report: Thursday, July 3, 2025
New California Laws Effective July 1 Could Impact Students, Paychecks, Airbnb Stays
By Sophie Li | The Epoch Times
A wave of new California laws will take effect on July 1, touching nearly every corner of life, from subscriptions and short-term rentals to wages and student mental health.
Part of a broader package signed by California Gov. Gavin Newsom during his latest legislative session, the measures are aimed at boosting transparency, expanding health coverage, raising wages, and improving access to legal and mental health support.
Here are some of the new laws.
Republican State Lawmakers Urge Trump to Avoid ICE Operations at Workplaces
By Jil Mclaughlin | The Epoch Times
Six California Republican state lawmakers, in a July 27 letter, urged President Donald Trump to focus Immigration and Customs Enforcement (ICE) operations on illegal immigrants who are violent criminals rather than conducting operations at workplaces.
“We support the enforcement of federal law—and we back your deployment of the National Guard to protect federal property from the violent and unlawful protests,” the lawmakers wrote.
“But we urge you to direct ICE and [the Department of Homeland Security] DHS to focus their enforcement operations on criminal immigrants, and when possible, to avoid the kinds of sweeping raids that instill fear and disrupt the workplace.”
Insurer Blue Shield of California’s new parent company alarms consumer advocates
By Laurence Darmiento | LA Times
Last year, regulators approved a request by Blue Shield of California, the state’s third-largest health insurer, to restructure and establish a new parent corporation in Delaware.
The Oakland-based nonprofit got the go-ahead from the Department of Managed Health Care, or DMHC, to allow a newly established out-of-state entity called Ascendiun Inc. to be the corporate parent of Blue Shield.
The insurer said that the restructuring would allow it to better serve its members “with less bureaucracy and faster results, while making health care more affordable.”
