California's Competitiveness Archives

28 Aug

Business Climate, California's Competitiveness, Corporate Tax

Large Biotech Company Moves Headquarters From Orange County to Texas

August 28, 2026
By California Taxpayers

CG Oncology, a $7 billion biotech firm that works to develop treatments for bladder cancer, has moved its corporate headquarters from I...

16 May

Assembly Revenue and Taxation Committee, California Taxes, California's Competitiveness, Legislative Update, State Budget

State Should Reinstate R&D Credit and NOL Deduction, 23 Democratic Lawmakers Tell Governor

May 16, 2025
By California Taxpayers

A group of 23 Democratic state lawmakers is urging Governor Gavin Newsom to reinstate the research-and-development tax credit and net o...

10 Jan

California's Competitiveness

Walgreens, Kohl’s and Macy’s Closing 31 Stores in California

January 10, 2025
By Rob Gutierrez

Californians will have 31 fewer places to shop this year, as Walgreens announced plans to close 12 stores in San Francisco, Kohl’s unve...

05 Apr

California's Competitiveness

Bipartisan Group of Minnesota Lawmakers Considering Tax Incentive to Attract Data Centers

April 5, 2024
By Rob Gutierrez

“A bipartisan group of Minnesota lawmakers is considering a bill that would grant an up-front sales tax break for the construction of l...

29 Mar

California's Competitiveness, Employment Development Department, Unemployment Insurance

California’s Unemployment Rate Highest in the Nation as Job Losses Mount

March 29, 2024
By California Taxpayers

California’s unemployment rate is the highest in the nation at 5.3 percent, with businesses reporting 3,400 job losses in February. Add...

27 Oct

California's Competitiveness

Manufacturing Company Moving California Operations to Mexico

October 27, 2023
By Rob Gutierrez

Leer Group, a company that manufactures pickup truck caps and covers, is shutting its Woodland facility and moving the work to Mexicali...

17 Feb

California's Competitiveness

San Francisco’s Business Taxes Are Highest in the Bay Area by Far, Study Shows

August 8, 2023
By California Taxpayers

“San Francisco’s large companies are shouldering a tax burden that’s more than double that of the Bay Area city with the next-highest tax burden on big businesses – Oakland,” the San Francisco Business Times reported today, citing a new study by the Bay Area Council Economic Institute.

28 Oct

California's Competitiveness