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Stock impact report

California tech leaders challenge progressive policies as billionaires, businesses flee: report [FOX Business Network]

News Corporation - Class A (NWSA) 
Last news corporation - class a earnings: 2/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
A group of tech industry leaders and self-described "radical centrists" are vowing to push back on left-leaning policies in California that are causing an exodus among wealthy entrepreneurs and businesses from the Golden State. The New York Post reported that the group held an event attended by about 350 people in Mountain View, California, that featured elected officials including San Jose Mayor Matt Mahan, San Francisco District Attorney Brooke Jenkins, along with tech industry leaders and hundreds of attendees who want to challenge the progressive tilt of the state's policies. The meeting comes as several prominent wealthy entrepreneurs have left California to avoid a proposed 5% one-time wealth tax on billionaires who were a California resident at the start of this year, with the tax due next year. Meta CEO Mark Zuckerberg, Google co-founders Larry Page and Sergey Brin, Oracle founder Larry Ellison and PayPal co-founder Peter Thiel are among those who have moved assets or rel Show less Read more
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