As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.
I wouldn’t call that far behind. Plus why not compare LA to, say, Dallas?
Far more importantly, “The state has the country’s worst business climate, ranking rock bottom at No. 50, according to a new study from Chief Executive magazine, and is seeing its companies — such as Toyota — leave the state for Texas, ranked No. 1 by the same study.”
“As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.”
THAT’S what you took away from the article?? It seems you missed the whole point of it.
LA has a population of 10 Million while Plano, TX has a population of 272 Thousand, LA is 40 times more populated and yet Plano has 40% of the number of fortune 500 that LA has.
Plano wins.
does that include Toyota? Aren’t they moving there?
Sure - California loves nice, clean, corporate offices with a lot of people using computers all day. Silicon Valley comes to mind.
Actual, dirty production and manufacturing - they don't want any part of that.