Oracle – California Globe

The Innovative Wealth Tax That Could Break California

November 19, 2025 1:54 pmNovember 19, 2025 1:55 pm

California is not only the home of innovative technology; sadly, it is also the home of innovative tax ideas. The latest breakthrough is a one-time billionaire wealth tax levied on a retroactive basis. But while the union, the former Clinton...

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...

Workwear Apparel Giant Dickies Announces Surprise HQ Move to California From Texas

November 21, 2024 4:55 pmNovember 21, 2024 6:23 pm

Dickies, one of the largest workwear companies in the world, made the surprise announcement on Thursday that they will be moving the companies headquarters from Fort Worth, Texas to Costa Mesa in Orange County, doing largely the opposite of what...

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,...

Chevron Exit Demonstrates How California Lawmakers Are Regulating Residents Out Of Business

August 5, 2024 3:10 pmAugust 5, 2024 3:10 pm

The announcement of another major corporation leaving California is just the latest illustration of Sacramento lawmakers regulating residents out of business. On Friday, the iconic California oil giant formerly known as Standard Oil will mark the 145th anniversary of its...