SOME critics say the recent decisions by Toyota and Occidental Petroleum to move their US headquarters from Southern California to Texas are just the latest signs of how toxic the state’s business climate has become. Yet the state con­tinues to attract more manufacturers and create more jobs than almost any other. …

While Toyota and Occidental are sending employees out of state, other companies are moving ope­­­­­­­­­­­­­­ra­tions in. ... Manufacturers have actually added jobs in California for three consecutive years, reversing a 10-year slide. …

… We can’t turn back the clock…. Instead, policymakers have to recognise where the state’s strengths lie today — in entrepreneurial start-ups and new tech-driven industries ... — and do what they can…. — (May 1)

Editorial

Shocking ambush
Updated 13 Mar, 2025

Shocking ambush

The sophistication of attack indicates that separatists likely had support from experienced external players.
Suffocating crisis
13 Mar, 2025

Suffocating crisis

THREE of the five countries with the most polluted air on Earth are in South Asia. They include Pakistan, which has...
Captive grid
13 Mar, 2025

Captive grid

IT is a common practice: the government makes commitments with global lenders for their money and then tries to...
State Bank’s caution
Updated 12 Mar, 2025

State Bank’s caution

Easing monetary policy will be difficult for SBP without large, sustainable foreign capital inflows and structural tax reforms.
Syria massacre
12 Mar, 2025

Syria massacre

THERE were valid fears of sectarian and religious bloodshed when anti-Assad militants triumphantly marched into...
Too little, too late
12 Mar, 2025

Too little, too late

WHEN desperation reaches a point that a father has to end his life to save his daughter’s, the state has failed ...