Charles Schwab – California Globe

Wells Fargo Joins the Exodus: Wealth Management Division Flees to Florida as California Democrats Drive Out Another Icon

January 29, 2026 12:18 pmJanuary 29, 2026 8:26 pm

In another devastating blow to California’s once-thriving economy, Wells Fargo—the historic bank founded in San Francisco during the Gold Rush era—has confirmed it is relocating its Wealth and Investment Management headquarters to West Palm Beach, Florida. This marks the first...

Newsom’s Presidential Ambitions Died in Davos

January 23, 2026 7:23 amJanuary 23, 2026 7:23 am

California now accounts for roughly one quarter of the nation’s homeless, more than any other state by far. Since Gavin Newsom became governor in 2019, $37 billion has been spent on homelessness programs—yet the homeless population has grown by roughly...

‘Deadbeat’ Newsom Defaults on $20B Federal Loan, Businesses Stuck With The Bill

December 22, 2025 5:05 pmDecember 22, 2025 5:08 pm

California stands alone as the only state in the nation failing to repay its massive federal pandemic-era unemployment loan, now ballooning beyond $20 billion and projected to climb higher. While every other state responsibly used federal stimulus funds to settle...

California Losing Another Big Tech Company to Texas: GAF Energy

October 16, 2025 1:41 pmOctober 16, 2025 2:11 pm

Another California business bites the dust. Actually, GAF Energy, which sells solar panels embedded in roof shingles, is leaving California for Georgetown, Texas. SF Gate reported: “GAF Energy will shut down its San Jose headquarters on Dec. 13, it announced...

Bed Bath & Beyond is Abandoning Failing California: High Taxes, High Fees, High Wages, ‘Endless Regulations’

August 20, 2025 6:35 pmAugust 21, 2025 6:41 am

Last month we were talking non-stop about In-N-Out President Lynsi Snyder relocating her family and company headquarters to Tennessee. This month we are talking about Bed Bath & Beyond announcing Wednesday that the company won’t open or operate retail stores...

Gov. Newsom and Democrats Send Another CA Business Packing: In-N-Out is Out

July 21, 2025 2:56 amJuly 21, 2025 6:23 am

California ranks dead last once again in Chief Executive Magazine’s Best & Worst States For Business 2025. Tennessee ranks #1 once again, and now “The Volunteer State” is getting another of California’s oldest and one of the best known businesses...

California Energy Commission Proposes State Takeover Of Oil Refineries

August 6, 2024 2:55 amAugust 7, 2024 12:57 pm

Just as Chevron Oil company announced that it is moving its headquarters to Houston Texas from San Ramon California, California Energy Commission regulators announced proposed government controls of the petroleum industry, ostensibly in order to combat future energy price surges,...