The decisions by these companies to open or expand headquarters, design or manufacturing spaces in California runs counter to a narrative that has gained national traction " that the state is bad for business and companies are fleeing. That's despite the state's economy growing 5% last year to a record $4.25 trillion, making it larger than all but the U.S., China and Germany " buoyed not only by defense and aerospace but also by AI, where California is the global leader. The state is home to nearly 400 "unicorns", or billion-dollar startups " more than any other state, according to CB Insights. It also gobbled up nearly two-thirds of U.S. venture capital last year, with San Francisco Bay Area startups such as OpenAI leading the way, business information platform Crunchbase found.
Donald Trump in another unhinged rant on Truth Social demands MLB rename Jackie Robinson Day to Donald J Trump day (the J stands for "Jesus") and wants all players to wear 47. Or 45.
'Honeymoon is over now': Trump turns vicious after another ally turns on him -- drops brutal low blow and questions if her own people even like her
Aerospace startup Hermeus is moving its headquarters to El Segundo from Atlanta as it aims to build autonomous hypersonic aircraft for the military, the latest sign of revival in the region's aerospace and defense sectors. The company, valued at $1 billion, is opening executive offices and a facility where it will design and build its next prototype, a supersonic plane intended to hit Mach 3 " faster than any modern warplane. The company's goal is to eventually develop a hypersonic plane reaching Mach 5, or five times the speed of sound, and Southern California has the engineering talent base to help achieve that, executives said.
A former Yolo County Sheriff's Office lieutenant is one of five people charged with murder following a fireworks warehouse explosion that killed seven workers in the rural Northern California community of Esparto last summer, authorities said. Samuel Machado is accused of illegally having 1 million pounds of fireworks on his property at the time of the blast and using his law enforcement position to shield the illicit operation from scrutiny for years, according to the Yolo County district attorney's office. Machado was placed on administrative leave following the violent July 1 explosion, which was felt by residents up to 20 miles away, destroyed a family farm and sparked a 78-acre grass fire.
Pretty sure "the beast" was Nero.
But that doesn't sustain an eternity of control and the theft of untold trillions.