Space X – California Globe

Bloomin’ Bankruptcy: San Diego Outback Franchisee Files Chapter 11, Blames California Labor Costs

November 5, 2026 11:51 amNovember 11, 2026 1:27 pm

A major California-based Outback Steakhouse franchise operator has filed for Chapter 11 bankruptcy protection, pointing to the California’s soaring labor costs, rising food prices, and declining customer traffic as key factors that pushed its restaurant empire to the brink. San...

Gov. Newsom Spending $19 Million to Polish His and California’s Image

October 28, 2026 9:33 amOctober 29, 2026 2:18 pm

California Governor Gavin Newsom was heavily criticized in March for authorizing a $19 million taxpayer-funded advertising campaign designed to burnish his own image and improve California’s public image as he touts California’s largess on the presidential campaign trail. “Newsom planning...

Leaving California: $7 Billion CG Oncology Leaves California for Texas

August 27, 2026 7:33 amAugust 27, 2026 7:59 am

CG Oncology, a $7 billion company, moved its corporate headquarters from Irvine, California, to Dallas earlier in 2026, the Dallas Morning News reports. CG Oncology is a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing...

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...

California Supreme Court Unanimously Reins in Coastal Commission’s Overreach in Major Property Rights Victory

April 24, 2026 9:31 amApril 24, 2026 9:39 am

In a unanimous decision hailed as one of the most significant checks on the California Coastal Commission’s (CCC) power in nearly 40 years, the California Supreme Court ruled Wednesday that the agency unlawfully overrode a county-approved building permit for a...

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,...