Charles Schwab – California Globe

U-Haul In-Migration Growth Report: California Ranks Last Again

April 13, 2026 8:45 amApril 13, 2026 9:06 am

Texas and Florida lead the list of in-migration growth states on the U-Haul® Growth Index analyzing one-way customer transactions during 2025, while California ranks last again, with the greatest out-migration number for the sixth consecutive year, U-Haul reported recently. Chevron,...

KB Home Joins Growing California Exodus, Relocates Headquarters from Los Angeles to Tempe, Arizona

April 10, 2026 1:19 pmApril 10, 2026 1:27 pm

KB Home, one of the nation’s largest homebuilders and a Fortune 1000 company ranked No. 526, announced this week it is moving its corporate headquarters from Los Angeles to Tempe, Arizona, beginning in spring 2027. The relocation marks the latest...

Yamaha Leaving California for Business-Friendly, Crime-Free Kennesaw Georgia

March 10, 2026 12:00 pmMarch 13, 2026 11:52 am

Another large business is leaving California. Yamaha says “Sayonara” to Governor Gavin Newsom after 50 years in the once-Golden State. “Yamaha Motor Co., Ltd. (Tokyo: 7272) has decided to relocate its U.S. group company, Yamaha Motor Corporation, U.S.A. (“YMUS”), currently...

Another One Bites the Dust: Jelly Belly Announces Layoffs and Administrative Offices Consolidating Out of California

February 23, 2026 8:53 amFebruary 23, 2026 8:53 am

The Bay Area is getting hit one more time with job losses. First it was the announcement of the Benicia Valero refinery closure by April 2026. Then came the announcement that Anheuser-Busch would be closing its Budweiser plant in Fairfield,...

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...