Monthly Archives September 2020

CNBC: Why People & Companies Are Fleeing California

Aditi Roy, a CNBC reporter based in San Jose, identified some of the companies moving their headquarters out of California, which she included in her “Power Lunch” story about a record number of people leaving the state. “Spectrum Location Solutions [told] us between 2008 and 2019, 18,000 companies have left California for more tax and regulatory friendly states … those companies include Charles Schwab, McKesson and Carl’s Jr. just to name a few,” she reported. “A new migration report by Redfin finds that in July more people are looking at leaving San Francisco and Los Angeles than any other metro
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