Oracle – California Globe

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 10, 2026 1:50 pm

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...

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...