Goldman Sachs may move its asset management business from New York to Florida. Hewlett Packard Enterprise is moving to Texas. Tesla CEO Elon Musk has also announced he is moving to Texas as its facility moves to Austin. CNBC’s Scott Cohn joins to discuss. Subscribe to CNBC PRO for access to investor and analyst insights on Tesla and more: https://cnb.cx/2BT2E7y
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
https://www.cnbc.com/select/best-credit-cards/
#CNBC
#CNBCTV
More info on Big companies moving from New York and California to Texas and Florida
- Florida lawmakers limit donations to amendment drives, but not their own committees | Commentary
Gov. Ron DeSantis - who has taken political donations as high as $5 million - signed a law last week making it a crime to donate more than $3,000 to a Florida amendment drive.
- Another California tech company charges toward Austin with new headquarters
Green Dot, a financial technology company best known for its prepaid debit cards, is relocating its headquarters from Pasadena, California, to Austin.
- Why Some Americans Are Leaving California for Texas
The two most populous states in the United States, California and Texas, have long competed to attract companies and talent. Data from the 2020 U.S. census show that Texas is drawing more people, ...
- Equity Residential Is Looking to Make a Big Move
Equity Residential (NYSE: EQR) currently has a concentrated portfolio. The residential REIT, or real estate investment trust, primarily owns apartment communities in the urban cores of major coastal ...
- The new moving company that wants to bring a more human touch to a staid industry
“2020 was a big year for the moving industry in New York City, but at this stage, 2021 looks like it will give last year a good run for its money.” ...
- Why New York and California are losing people, power to Texas and Florida
Californians and New Yorkers are voting with their feet, which means Texas and Florida are getting more votes. For the first time in its history, California will lose a seat in the House of ...
- New York and California Lose Congressional Seats, Texas and Florida Gain After 2020 Census
U.S. population growth has slowed to the lowest rate since the Great Depression, the Census Bureau said Monday, as Americans continued their march to the South and West and one-time engines of growth, ...
- Texas, Florida Gain House Seats After Census Shuffle as California, New York Lose
Texas has seen explosive population growth in recent years as more companies move their headquarters ... will lose one seat: California, Illinois, Michigan, New York, Ohio, Pennsylvania and ...
- Hedge Funds Are Ready to Get Out of New York and Move to Florida
Carl Icahn has already left New ... Florida and Texas more appealing. Some rich New Yorkers, like Icahn, did move to Florida in the aftermath, but the total number of rich taxpayers in New York ...
- Former Speaker Paul Ryan predicts 'big migration' from high-tax NYC to cities in Texas, Florida
Former House Speaker Paul Ryan predicted a "big migration" from high-tax cities like New York City ... is in Austin, Texas. I don't think he was going to put that up in California," Ryan said.
- ‘There’s never been a better time to move’: Will Cuomo’s millionaire tax convince the superrich to flee New York?
Advisers say it’s making many New York-based millionaires ... Clients are more open to moving to a state with a low tax jurisdiction, such as Texas, Florida and Nevada.
