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California ranks second in the nation for new business creation

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California ranks second in the nation for new business creation


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A new business started nearly every minute of the day in California last year, according to a new report.

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The Golden State received 43,265 new business applications per month—or 59 per hour—in 2024, according to Switch On Business, which is equivalent to almost one new business per minute.

But, despite the impressive figure, the study authors, who analyzed business application and census data, found that it was 6.9% fewer applications than in 2023.

Florida received 72 new business applications per hour in 2024—the most of any state, making it the hottest state for startups, according to the study, while West Virginia received just 855new business applications per 100,000 residents in 2024, the lowest rate of any state.

America saw a record number of new businesses in last four years

The previous four-year period saw a record 21 million new businesses launched in the United States, according to January’s end-of-term report by former SBA Administrator Isabel Casillas Guzman,

To compare, in 2021, Americans applied to start 5.4 million new businesses—more than two-thirds higher than the annual average of 3.2 million new business applications per year in the five years prior to the start of the pandemic, according to the SBA.

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In 2023, some 1.8 million of the 5.5 million new businesses launched with plans to hire workers, according to Switch On Business findings.

California has more small businesses than any other state

California has more small businesses than any other state, employing seven million people.

The state also grabs the lion’s share of America’s venture capital, according to Switch On Business analysis, with California start-ups netting 59.25% of all capital raised nationwide in the first quarter of 2024.

Wyoming is a hot spot for new business creation

Wyoming received 10,133 new business applications per 100,000 residents in 2024—the highest rate per capita of all fifty states, according to Switch On Business. However, report analysts found that people outside the state made many business applications.

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To compare, California submitted 1,317 business applications per 100,000 residents in 2024.

“[Wyoming’s] business-friendly tax structure, minimal regulatory requirements, and strong privacy laws have made it a preferred destination for business registration, especially for non-U.S. residents and out-of-state entrepreneurs,” according to Start in Wyoming.

Top 10 states with the most new businesses in 2024

States with the most new business applications submitted in 2024, according to Switch On Business analysis:

  1. Florida (634,321)
  2. California (519,182)
  3. Texas (490,063)
  4. New York (292,292)
  5. Georgia (243,088)
  6. Illinois (171,878)
  7. North Carolina (163,499)
  8. New Jersey (153,350)
  9. Pennsylvania (146,789)
  10. Ohio (145,512)



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More SoCal rallies for and against military action in Iran expected on Sunday and Monday

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More SoCal rallies for and against military action in Iran expected on Sunday and Monday


LOS ANGELES (KABC) — Worshippers across Los Angeles were met with an increased law enforcement presence on Sunday as police and sheriff’s deputies stepped up patrols outside mosques, synagogues and cultural landmarks following the strikes on Iran.

Local officials said there are no credible threats to Southern California, but the Los Angeles Police Department and the Los Angeles County Sheriff’s Department heightened visibility as a precaution to ensure communities stay safe.

More demonstrations tied to the attack on Iran are expected Sunday and Monday. Several protests were held across Southern California on Saturday.

READ MORE | Rallies for and against military action in Iran draw demonstrators across Southern California

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While Iranian-Americans celebrated in Westwood, protesters gathered in downtown Los Angeles to oppose the Trump administration’s attacks against Iran.

While some groups gathered in downtown Los Angeles to protest the strikes, others assembled in Westwood to celebrate “the fall of the Ayotollah,” according to organizers.

Authorities said they will continue monitoring events as the region prepares for additional gatherings in the days ahead.

This is a developing story. This article will continue to be updated as more information becomes available.

Copyright © 2026 KABC Television, LLC. All rights reserved.

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San Jose Mayor Matt Mahan officially announce run for California governor

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San Jose Mayor Matt Mahan officially announce run for California governor




San Jose Mayor Matt Mahan officially announce run for California governor – CBS San Francisco

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San Jose Mayor Matt Mahan has officially entered the 2026 California gubernatorial race.

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Six planets to align in “planetary parade” above California. Here’s how to see it.

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Six planets to align in “planetary parade” above California. Here’s how to see it.


A rare celestial event will be taking place in the sky above California on Saturday night, as six planets are expected to be visible in what is being called a “planetary parade.”

Look towards the western horizon 30-60 minutes after sunset. Mercury, Venus, Jupiter, and Saturn will all be lined up along an arc, visible to the naked eye creating a literal parade of planets.

The alignment only occurs every few years, with the next one not until 2028.

Mars, Jupiter, and Saturn are frequently seen in the night sky, but the addition of Venus and Mercury make this planet lineup particularly noteworthy.

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In the San Francisco Bay Area, there will be some cloud coverage Saturday evening, but it should be in the high levels of the atmosphere so hopefully the horizon remains clear. In Los Angeles and San Diego, the forecast is expected to be clear.

Meanwhile, the planetary parade may not be visible in the northern part of the state, with cloudy conditions expected Saturday night in Sacramento, and possible showers and thunderstorms in Eureka and Redding.

People with telescopes and binoculars will also be able to see Uranus and Neptune as well.

For amateur astronomers, this also would be a fun time to test out your telescope skills by checking out Jupiter’s many moons or Saturn’s rings.

Please note that if your view is obscured by buildings, trees or hills, you won’t see the parade because it will appear very low on the horizon.

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The nontechnical term is Parade of Planets, but the technical term is planetary alignment. Basically, it’s just the name for what happens when the planets and sun line up in the sky, these happen during events called oppositions and conjunctions.

Opposition is the term for when a planet is directly opposite the Earth from the Sun. Meanwhile, conjunction is when they are aligned with each other and is when we get the best views of the planets. 



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