Loading ...Nestle USA is the latest business to move operations from California to Virginia, due to the Golden State’s burdensome tax rate, skyrocketing cost of living and culture of anti-corporate activism, the Investor’s Business Daily reported…
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Last year, Carl’s Jr. parent company CKE Restaurants Holdings said it planned to leave its Carpinteria headquarters for Franklin, Tenn. In 2015, Irvine chip maker Broadcom Corp. incorporated in Singapore and moved its operating headquarters to San Jose. The year before, Toyota Motor Corp. announced plans to move its sales and marketing headquarters to suburban Dallas from Torrance, and Occidental Petroleum Corp. moved its headquarters from Los Angeles to Houston… (L. A. times)