Southwest
Corporate America is on the move, and these red states are cashing in
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A wave of corporate relocations is reshaping the U.S. economy, and Texas is emerging as the clear winner.
According to a report by CBRE, one of the nation’s largest commercial real estate brokerage firms, 561 companies have relocated their headquarters nationwide since 2018. The research shows many companies are reassessing tax climates, operating costs and growth prospects as they consider a move.
That’s significant because these moves are often driven by long-term financial and growth strategies, not just geography — giving business-friendly states a competitive edge.
From Texas to Tennessee, those states are racking up new headquarters, while blue strongholds like California and New York are losing companies at a notable clip.
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Dallas recorded the highest number of corporate headquarters relocations in the country. (Beata Zawrzel/NurPhoto/Getty Images)
The Lone Star State clearly dominates the relocation map. Dallas-Fort Worth captured 100 headquarters moves between 2018 and 2024 — the most of any metro in the country — while Austin secured another 81 and Houston added 31. Combined, those three markets accounted for more relocations than most entire states, cementing Texas’ outsized role in reshaping the corporate landscape.
Meanwhile, California metros saw the steepest net losses, led by the San Francisco Bay Area with a net loss of 156 headquarters over the same period.
As blue states debate regulation and tax policy, Texas business leaders say the state’s approach is paying off. Megan Mauro, interim president and CEO of the Texas Association of Business, points to the state’s tax structure and lighter regulatory climate as key draws.
“We have a light regulatory touch and no personal or corporate income tax,” Mauro said, citing Texas’ recent $25 billion surplus as evidence of what she calls a competitive tax environment.
Her argument aligns with research from CBRE, which found that companies most often cite lower taxes, reduced operating costs and stronger growth opportunities when relocating their headquarters.
The shift has intensified scrutiny of tax policy in high-cost states. Steve Moore, economist and co-founder of Unleash Prosperity, said those states risk driving away wealth and investment.
“It is common sense for business leaders to pick places for future financial success rather than economic suffocation,” Moore told Fox News Digital.
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California Gov. Gavin Newsom has previously said that he does not support the “billionaire tax” measure. (Sean Rayford/Getty Images)
He argued that proposals such as California’s 2026 Billionaire Tax Act are accelerating the outflow of the state’s ultra-wealthy residents to lower-tax states like Texas and Florida.
“These business tycoons are running to states like Florida and Texas because of lower taxes, economic freedom and future economic prosperity,” he said, describing it as “voting with their feet.”
That shift is also reflected in population data.
From 2021 to 2024, Texas and Florida posted the largest net population gains, while California and several northeastern states recorded some of the steepest losses, according to IRS and U.S. Census Bureau data.
Moore added that the broader economic implications extend beyond corporate balance sheets.
Growth in states like Texas can expand the tax base and provide additional funding flexibility for infrastructure, education and other priorities — often without raising tax rates.
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President Donald Trump pointed to job growth and other economic milestones during his State of the Union speech on Feb. 24, 2026. (Win McNamee/Getty Images)
Economic performance frequently shapes midterm messaging, and migration trends like these are poised to feature in debates over tax competitiveness.
Whether those patterns endure remains to be seen. For now, though, population flows are reinforcing a broader argument: tax policy is no longer an abstract debate — it’s shaping where Americans choose to build their futures.
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Southwest
GOP Rep Tony Gonzales admits to affair with former aide for first time
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This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide and Crisis Lifeline at 988 or 800-273-TALK (8255).
Rep. Tony Gonzales, R-Texas, admitted to having an affair with a former staffer for the first time on Wednesday.
Gonzales made the confession during an appearance on a conservative talk radio show, just one day after he advanced to a runoff election in his congressional district’s GOP primary. The House Ethics Committee also launched an investigation into Gonzales on Wednesday.
“I made a mistake, and I had a lapse in judgment, and there was a lack of faith, and I take full responsibility for those actions,” he said on “The Joe Pags Show” Wednesday night. “Since then, I’ve reconciled with my wife, Angel. I’ve asked God to forgive me, which he has, and my faith is as strong as ever.”
“When you make mistakes like this, it’s never easy. It humbles you,” he added.
Regina Santos-Aviles, a staffer for Republican Rep. Tony Gonzales of Texas, died Saturday, Sept. 13, 2025, in Uvalde, Texas. (Ricky Carioti/The Washington Post via Getty Images | Regina Santos-Aviles Facebook)
The Ethics Committee is investigating whether Gonzales, a married father of six, engaged in sexual misconduct with a female member of his staff and whether he doled out special favors or privileges as a result.
Gonzales has said he has no plan to step down in the face of the accusations, saying last month that there are more details to be released regarding the situation.
“What you’ve seen is not all the facts,” Gonzales told reporters in late February.
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Rep. Tony Gonzales, R-Texas, has denied having anything to do with his former staffer’s death. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
The three-term congressman argued at the time that he was being “blackmailed” in connection with the case. Controversy first arose after the San Antonio Express-News reported they obtained text messages in which the former staffer, Regina Ann Santos-Aviles, wrote to a colleague that she had an affair with the lawmaker.
Santos-Aviles later died after setting herself on fire.
Gonzales denied having anything to do with her death during his radio appearance.
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Rep. Tony Gonzales, R-Texas, is interviewed by CQ-Roll Call. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
“I hadn’t spoken with Miss Santos since June of 2024. She passed September of 2025… I had absolutely nothing to do with her tragic passing. And in fact, I was shocked just as much as everyone else,” Gonzales said.
Gonzales took to social media last month and accused Santos-Aviles’ husband of “blackmail,” sharing a partial screenshot of an email from the widower and claiming he was seeking money.
“I WILL NOT BE BLACKMAILED,” Gonzales wrote in a Feb. 19 post on X. “Disgusting to see people profit politically and financially off a tragic death.”
In the email posted by Gonzales, attorney Robert Barrera discussed a possible lawsuit against the lawmaker and a potential settlement with a nondisclosure agreement. The email says that the maximum recoverable amount is $300,000.
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Barrera denied he was trying to blackmail Gonzales.
“It is a desperate attempt to make him look again like a political victim,” Barrera told The Associated Press last month. “There’s no blackmail here. I mean, it’s just ridiculous allegations.”
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Southwest
Nancy Guthrie’s abductor may have returned to the crime scene, left critical clues at tribute: expert
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TUCSON, Ariz. — As a growing memorial outside Nancy Guthrie’s Tucson-area home continues to draw visitors, new questions are emerging about whether investigators are monitoring the site.
Guthrie, the 84-year-old mother of “Today” co-host Savannah Guthrie, is believed to have been abducted from her home in the early hours of Feb. 1.
“They could [have eyes on the memorial], we’re just not seeing it,” Betsy Brantner Smith, spokesperson for the National Police Association and a retired police sergeant, tells Fox News Digital. “They could be keeping track of it, but we’re not seeing the cameras.”
Nancy Guthrie was abducted from her Tucson home on Feb. 1. (Getty Images)
Yellow flowers, handwritten notes, artwork and even an open letter addressed to the “kidnapper” have been left at the makeshift tribute in front of her home.
While the memorial grows, however, visible law enforcement presence has significantly dropped.
“Detectives are reviewing all viable leads in this case,” a spokesperson for the Pima County Sheriff’s Department told Fox News Digital. “We do not speak to specifics, as this is still an ongoing investigation.”
Authorities have not publicly identified a suspect, vehicle or any persons of interest.
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Haunting Nest doorbell camera video shows a masked man on Nancy Guthrie’s front steps around the time of her abduction. He is described as being of average height and build and was wearing a black Ozark Trail backpack.
“In this type of situation where you have the potential for a suspect having done this because he or she is somehow obsessed with Savannah Guthrie or seeing Nancy featured on the ‘Today’ show multiple times… someone who is obsessed with notoriety, celebrity — there’s a lot of pathology involved in that,” Brantner Smith said.
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A member of the Pima County Sheriff’s office was seen outside of Nancy Guthrie’s home, Monday, Feb. 9, 2026 in Tucson, Ariz. (Ty O’Neil/AP Photo; Nathan Congleton/NBC via Getty Images)
“Potentially, that is the type of person that could come back to the memorial, look at the memorial, even take photos of the memorial and add to the memorial themselves.”
As to why there’s been an alleged lack of law enforcement presence monitoring the site, Brantner Smith pointed to one likely scenario.
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“It may be because they have solid suspects, and they just haven’t released that information to the public,” she said.
It’s not uncommon for an offender to return to the crime scene, she added.
A growing vigil in the morning light under cloudy skies is seen at Nancy Guthrie’s home on February 13, 2026, in Tucson, Arizona. (Ty O’Neil/AP Photo)
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“Sometimes the offender will come back to the scene of the crime. So, in that vein, they would come to the memorial, and they may have left their own note, their own flowers,” she said.
Often, it’s a mark of their arrogance, she told Fox News Digital.
“I am guessing that the suspect or suspects who did this are frankly taking great pride in the fact that so far they’ve got away with it,” she added. “Coming back can also be a way to bring back that rush that they had when they originally committed the crime.”
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Such behavior happens frequently in arson cases, she said.
Deputies examine a flyer taped to Nancy Guthrie’s mailbox on Sunday, Feb. 22, 2026. They were called to the scene after volunteer searchers and several streamers walked onto Guthrie’s property with a shovel. (Michael Ruiz/Fox News Digital)
“But it’s also not untypical in a homicide case or, in this case, a missing person,” she continued. “We’ve got to look at the psychology of people who do this kind of stuff. They also may want to come back to see what kind of people are leaving notes and leaving flowers.”
For that reason, she said, investigators should be reading the notes to develop potential leads.
“They’re coming back to see the impact that they had on this neighborhood and on this family,” she said. “And the rest of us would view that as very sick, but law enforcement has to view that as a way to collect clues.”
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Savannah, her sister Annie, and brother-in-law, Tommaso Cioni, placed flowers at the growing tribute near the foot of Nancy’s driveway on Monday in a somber visit to the crime scene.
Annie Guthrie, her husband Tommaso Cioni, and Savannah Guthrie at their missing mother Nancy Guthrie’s home on Monday, March 2, in Tucson, Arizona. (Fox News)
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A combined reward for information that leads to Nancy’s recovery from the FBI, local authorities and the Guthrie family stands at over $1 million. It has not yet been claimed.
Savannah is asking anyone with information to dial 1-800-CALL-FBI.
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Southwest
Ted Cruz endorses Texas state Rep Steve Toth in GOP primary challenge to Dan Crenshaw
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U.S. Sen. Ted Cruz, R-Texas, has endorsed Texas state Rep. Steve Toth, who is challenging incumbent U.S. Rep. Dan Crenshaw in the Lone Star State’s 2nd Congressional District Republican primary.
“I am proud to endorse @SteveTothTX for Congress in Texas’s 2nd Congressional District. Steve faithfully served the people of Texas in the Texas House of Representatives, championing our Texas values of liberty, limited government, and constitutional governance,” Cruz said in a post on X.
“Steve is an unwavering fighter for school choice, fiscal responsibility, and the next generation of Americans. Washington needs bold leadership and representatives who will stand up for Texans at every turn,” Cruz continued.
Republican U.S. Rep. Dan Crenshaw speaks during a showcase hosted by TerraFlow in Houston Thursday, Aug. 14, 2025. (Melissa Phillip/Houston Chronicle via Getty Images)
“Steve has the experience, the courage, and the conviction to do just that. I’m honored to support his campaign and urge voters in Texas’s 2nd Congressional District to join me in electing Steve Toth to Congress,” he added.
While President Donald Trump has not made an endorsement in the race, he previously backed Toth for Texas state House in 2022 and 2024.
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Texas House incumbent Rep. Steve Toth gives a brief statement before the start of a gubernatorial debate held at Grace Woodlands Church and put on by the True Texas Project on Monday, Jan. 10, 2022 in Spring, Texas. (Michael Wyke/Houston Chronicle via Getty Images)
“State Representative Steve Toth is doing a fantastic job representing Texas State House District 15. A Small Business Owner and an Ordained Minister, Steve is fighting tirelessly to Secure our Elections, Grow the Economy, Eliminate Needless Regulations, Strengthen the Border, Support our Great Military/Veterans, and Protect and Defend our under siege Second Amendment. Steve Toth has my Complete and Total Endorsement!” Trump wrote in a 2024 Truth Social post.
The last day of early voting for Texas’ March 3 primary contests is Friday, according to the Texas Secretary of State website.
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Sen. Ted Cruz, R-Texas, arrives for the cloture vote on the government funding bill in the U.S. Capitol on Thursday, Jan. 29, 2026. (Bill Clark/CQ-Roll Call, Inc via Getty Images)
Crenshaw has served in Congress since early 2019.
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