Oracle – California Globe

California’s Billionaire Tax Will Accelerate Its Own Demise

June 8, 2026 12:30 pmJune 8, 2026 12:31 pm

The proposed 2026 Billionaire Tax Act, officially Initiative No. 25-0024, would impose a one-time 5% excise tax on the net worth of anyone with assets over $1 billion who resided in California as of January 1, 2026. Organizers have collected...

California Dethroned: Fortune 500 Crown Goes to Texas

June 5, 2026 7:26 amJune 5, 2026 3:57 pm

The 2026 Fortune 500 list shows Texas leading California in Fortune 500 companies 57-56. Data from the 2026 Fortune 500 list show Texas leading with 57 headquarters, compared with California’s 56, marking a reversal from two years ago, when California...

The Definition of Insanity: California Edition

June 4, 2026 7:00 amJune 4, 2026 7:01 am

I moved to California in 1990. The economy was on an upswing. Teachers, firefighters, and nurses could still afford to buy a house. Thirty-five years later, after uninterrupted progressive governance, the median home sale price in Los Angeles County sits...

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...

Nine Ways California’s Climate Agenda Is Driving Up the Cost of Living

March 12, 2026 5:00 amMarch 12, 2026 5:01 am

Last November, Governor Gavin Newsom, playing faux President, traveled to the United Nations climate summit in Belém, Brazil, where he declared that California’s climate policies prove environmental leadership and economic prosperity can go hand in hand. His message was simple:...

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...