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California’s fleeing companies are a warning about our economic future

California is losing the flagship companies that made the state synonymous with American prosperity.

A report in The New York Post this week echoed what we here in California have been warning about: The Golden State’s biggest brands are leaving for friendlier business climates.

Even the California company that tracks the movements of other companies has left the state.

Chevron, the energy giant founded in the heyday of the California oil industry, left for Houston. 

The reason: It wants to be near other energy companies — many of which also left California.

Charles Schwab, the company that made investment accessible to ordinary households, also left for Texas, citing the high cost of doing business in California.

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Oracle, the data giant helping to drive the AI boom, also left for Texas several years ago and is now based in........

© New York Post