Posted on 04/23/2024 7:38:56 PM PDT by algore
Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter.
CNBC reports:
In a wide-ranging conversation with Bill Frist, a former U.S. Senate Majority Leader, Ellison said Oracle is moving a "huge campus" to Nashville, "which will ultimately be our world headquarters."
He said Nashville is an established health center and a "fabulous place to live," one that Oracle employees are excited about. "It's the center of the industry we're most concerned about, which is the health-care industry," Ellison said.
The announcement was seemingly spur-of-the-moment.
"I shouldn't have said that," Ellison told Frist, a longtime health-care industry veteran who represented Tennessee in the Senate. The pair spoke during a fireside chat at the Oracle Health Summit in Nashville.
Nashville has been a major player in the health-care scene for decades, and the city is now home to a vibrant network of health systems, startups and investment firms. The city's reputation as a health-care hub was catalyzed when HCA Healthcare, one of the first for-profit hospital companies in the U.S., was founded there in 1968.
HCA helped attract troves of health-care professionals to Nashville, and other organizations quickly followed suit. Oracle has been developing its new $1.2 billion campus in the city for about three years, according to The Tennessean. "Our people love it here, and we think it's the center of our future," Ellison said.
(Excerpt) Read more at developers.slashdot.org ...
More like hugh! Oracle has been headquartered in Austin, Texas, since 2020.
He didn’t say anything about wanting to be near medical manufacturing.
Ellison would fire people by email on a whim.
“States that don’t have income tax continue to win companies.”
Sales tax, business tax, corporate tax
With a few exceptions, all businesses that sell goods or services must pay the state business tax.
Tennessee does not have an individual income tax. Tennessee has a flat 6.50 percent corporate income tax rate and levies a gross receipts tax.
I wonder if Oracle is one of those few exceptions. Tennessee is growing, importing liberals from all over. They’ll fyuck it up real good in a few decades.
Before Colorado went blue, billionaire kalifornia fags occupied Denver. Denver was the epicenter of the cancer and the rest is history.
I went to college in Nashville and am sickened how far its already fallen.
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