hewlett-packard enterprise news global headquarters to the houston area. >>> fed up with the cost of doing business here in california, hewlett-packard announces today that the silicon valley company will be relocating to the lone star state. welcome to the 4 this afternoon, i'm alex savidge. >> this is indeed a very big development from the founding silicon valley titan, and just another blow to california. maureen naylor live for us now with the news, maureen, that broke just this afternoon. >> reporter: that's right, heather. hewlett-packard enterprises moving its headquarters from san jose to the houston area immediately in texas. hve is based in north san jose. they moved to this new state of the art campus a year and a half ago. they plan to keep that north san jose campus as a hub for another portion of it business, but as of today, hpe moving its head carders to spring texas, a suburb of houston. employees will have the option to stay in the bay area or move to texas. >> i think the bigger blow here is that hp represents a pioneering company who helped create silicon valley,

the company that literally started silicon valley is moving to texas hewlett packard traces its origins to 1938 when bill hewlett and david packard rented a garage and palo alto california now h.p. enterprises a descendant of the pioneering company is moving to texas silicon valley is what it is because of hewlett packard but we all know what valley is now is that there's human feces all over the sidewalks because of these ultra social justice warrior sorta. programs that are party to there and it's you know it's really horrible to go there if you've ever been you have to see it to believe it so they're fleeing for low tax texas right the smug and the restless the smug are leaving and the restless are leaving in the. coastal areas of smugness and the board is being rearranged all the pieces on the board silicon valley is being broken up wall street is being broken up all the old power centers are being rearranged fracturing rearranging so it's on one hand it's very healthy because the only thing missing is a total collapse of the dollar which is coming and then we get the restar

with more on the big move and what it means for silicon valley and for texas. >> i well come hewlett-packard enterprises new global headquarters to the houston area. >> reporter: word broke tuesday afternoon one of silicon valley's founding companies, hewlett-packard enterprise is moving its headquarter from the bay area to texas. hpe is based in north san jose and just move into the new campus a year and a half ago. >> i think the big blow here that is hp represents a pioneering company who helped create silvi valley, and to see them actually move their headquarters to another state is a bit of a blow. >> effective immediately, hpe is moving its headquarters to spring, texas, a suburb of houston. the company plans to consolidate some bay area sites but keep the north san jose catch yourself as a hub for another percent of its business, adding there will be no layoffs and employees will have the option to stay in the bay area, or move. >> the high cost of living in california, the taxes, a lot of companies have started to look at moving at least some of their business locations, and in some

that news broke this afternoon. >> the news will affect thousands of hewlett-packard employees. maureen naylor is here now with more information. maureen? >> well, frank and julie, hp enterprise as about 2400 employees in the bay area. and with more employees already in texas, the company said it makes sense to move its headquarters there. >> i welcome hewlett-packard enterprises new global headquarter to the houston area. >> reporter: word broke tuesday afternoon, one of silicon valley's founding companies is moving from the bay area to texas. it is based in north san jose and just moved into the new campus a year and a half ago. >> i think the bigger blow here is that hp represents a pioneering company who helped create silicon valley, and to see them actually move their headquarters to another state is a bit of a blow. >> reporter: effective immediately, search moving its headquarters to spring texas, a suburb of houston. they plan to keep the north san jose campus as a hub for another portion of its business, adding there will be no layoffs and employees will have the option

but despite that, hewlett-packard is headed to houston. another tech company to break from silicon valley. the high cost of living and high taxes, he admit there is is room for reform but does not see it as a trend. >> what you think about is who is the team. where can i find the best talent. who are my investors that i can work with. where are the companies i can get advice from. >> situations like this are a wake up call. >> reporter: the ceo of the silicon valley leadership group, along with changes to tax policy it is critical to see investment in infrastructure if they want businesses to stay. >> allow our companies to keep and to preserve capital so they can reinvest and build and grow. >> two warriors players tested positive for covid-19. hear how the team's general manager responded. >> today is giving tuesday. coming up we are going to share with you the favorite charities and how you can help. >> the december chill is with us tonight. i will let you know how the rest of the week is looking. >> first a look at what is coming up to

hewlett-packard enterprise announced it is moving to texas.ow as slew of tech giants opened up hubs in the lone star state. susan lee following the story or stories as they develop over the years. >> one of the companies that gave silicon valley its name is headed for elsewhere, talking about texas. here is the statement that we got from hewlett-packard enterprises, looking for business needs, our business needs, opportunities for cost savings and team members preferences about the future of work we made the decision to relocate hpe's headquarters to a new campus under construction in spring, texas, just outside of houston. so we know it has been a tough year for hpe. it is still losing money. ways to save monies on taxes, cheaper real estate is probably pretty enticing for hewlett-packard enterprise. no layoffs in the move. they will add several hundred non-technical jobs to the texas campus. the move won't happen until the year 2022. now it is pretty enticing in the lone star state. first of all there are no income taxes. compare that to the

hewlett-packard enterprises is moving headquarters out of san jose.of the original hp founded in palo alto in 1939. and as we report, the company has set its sights on the state of texas. >> i welcome hewlett-packard enterprises' new global headquarters to the houston area. >> reporter: word broke tuesday afternoon, one of the founding companies of the silicon valley, hewlett-packard enterprise, as with headquarters from the bay area to texas. it is based in north center city and move.'s with a bigger blow as hp represents a pioneering company who helped create silicon valley. and to see them actually move their headquarters to another state is a bit of a blow. >>> effective immediately, they're moving headquarters to spring, texas, a suburb of houston. the plan to consolidate some bay area sites but keep the north san jose campus as a hub for another portion of business. adding there will be no layoffs and employees will have the option to stay in the bay area or move. >> high cost of living in california, the taxes, a lot of companies have started t

see how the hewlett packard things go. the mayor of san jose on that.owing concern of keeping a prosecutor going to explore russian interference in the 2016 presidential election that has its origins in something that joe biden once thought it was a very good idea, this very thing. after this. veterans, record low mortgage rates have now fallen even lower. by refinancing at newday you can save $3000 a year every year. with their va streamline refi, there is no income verification no appraisal, no out of pocket costs and no va paperwork for you. you can start the process right over the phone. refi now and cut $3000 a year off your mortgage payments. loans can close in as little as 30 days. @it's fooand minitron'sat subway -]húgot some new news! .m contactless curbside pickup is here! just tap for tasty in the app. and pickup contactless. cause it's safety first. right, tiny car? you wearing your seatbelt little man? subway. eat fresh. >> neil: all right, here in a nutshell what democrats' prominent reaction to bill bar r appointing john during ham to loo

but despite that, hewlett-packard is headed to houston. another tech company to break from silicon valley. the high cost of living and high taxes, he admit there is is room for reform but does not see it as a trend. >> what you think about is who is the team. where can i find the best talent. who are my investors that i can work with. where are the companies i can get advice from. >> situations like this are a wake up call. >> reporter: the ceo of the silicon valley leadership group, along with changes to tax policy it is critical to see investment in infrastructure if they want businesses to stay. >> allow our companies to keep and to preserve capital so they can reinvest and build and grow. >> two warriors players tested positive for covid-19. hear how the team's general manager responded. >> today is giving tuesday. coming up we are going to share with you the favorite charities and how you can help. >> the december chill is with us tonight. i will let you know how the rest of the week is looking. >> first a look at what is coming up to

the company is part of the original hewlett-packard founded in 1939. we have the report saying that the company set it sights on texas. >> i welcome hewlett-packard enterprises, new global headquarters to the houston area. >>> ground broke on tuesday morning. this is one of silicon valley's founding companies. they are moving their headquarters from the bay area over to texas. they are based in north san jose. they just moved into the new campus a year and a half ago. >> the bigger blow is that hp route represents a pioneering company that helped create silicon valley. to see them move their headquarters to another state is a bit of a blow.>> reporter: they are moving their headquarters to spring, texas, suburb of houston. they plan to consolidate and bay area sites, but keep the north campus as a hub for another portion of its business. they're adding there will be no layoffs, and employees have the option to stay in the bay area or move. >> the high cost of living in california, and the taxes, many companies have started to look at moving at least so

hewlett packard already has locations across texas in austin plano right outside of dallas.nd in houston. >>new tonight, the coronavirus could have been circulating in the united states as early as december of 2019 that's according to the journal of clinical infectious diseases. some experts now say that covid started infecting people december 13th of last year. this after researchers looked at blood tests from that time through january of 2020 of the samples tested at least 106 were found to have antibodies for covid-19 1 of those tested came from california, it was previously thought the first known case of covid in the u.s. was reported on january 21st the cdc has issued a warning against nonessential travel to mexico as covid cases rise there. >>officials say it could increase your chance of contracting and spreading the illness. the travel app trip it shows flight reservations to mexico have greatly increased this year at might be because mexico does not require us citizens to provide a negative covid test results before entering the country. still health experts are ad

hewlett-packard enterprise is moving its global headquarters from san jose to texas. nbc bay area was there in 2015 when hpe first split from the original hewlett-packard. then ceo meg whitman said the new company would focus on data and cloud computing. since then it's reported declining revenue in all but one quarter. the company reports it's already building a state-of-the-art campus for its 2,600 workers that are already there. no word on how many people this move affects locally. >>> a warning tonight from state fish and wildlife. stay away from the fish in a handful of south bay creeks and reservoirs. the agency says it's found high levels of mercury in fish found in these bodies of water. you can see them highlighted in blue there on our map. among them almaden reservoir. mercury is a metal released into the environment from mining and burning coal. it accumulates in fish and when eaten can cause damage in the brain and nervous system. >>> okay, let's get a check of our forecast. rob mayeda is here again. so nice to see you. another cold morning but beautiful a

. >>> meanwhile, hewlett-packard enterprise ceo antonio neri in an exclusive aer ts eafthibrk. back in two. what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. >>> welcome back, everybody. i'm sue herera here is your cnbc news update. in boston, firefighters rescuing a woman and two children from a fire in a three-story apartment building all three were taken to the hospital their condition is not yet clear. >>> more blackouts could be on the way in southern california local utilities there say they may have to cut power to more than 300,000 customers as dry, gusty weather raises the risk of wildfires. >>> in turkey, empty streets as that country begins a nightly curfew to try and slow the spread of covid-19 the government has also ordered weekend lockdowns starting friday night at 9:00 p.m. and lasting through early monday morning. >>> and iran's president is opposing a bill that would step up enrichment of uranium the country's parliament passed the measure yesterday but he say

hewlett-packard the latest company to move from california to texas.mer california assemblyman moved to texas and in his latest op-ed he says if the state's anti-job policies can chase out that company that launched silicon valley is any business immune from the pressure to leave. chuck joined me now, thank you for being here. >> great to be with you. >> with hp being one of silicon valley's original success stories how symbolic is this move? >> i think it is a pretty big deal. hp was founded in a garage in 1939 in silicon valley and really kicked it off and here you have it moving to houston from silicon valley. this is a big deal and i figure goes to the heart of california's contempt for business, their high taxes, regulations, lawsuits, all of the flip-flopping back-and-forth over covid-19. if you are business leader in california why would you stay. >> a lot of people asking that question. listen to what the mayor of san jose has to say about this? >> it is a wake-up call for all of us. we know there's a lot else going on, taxes and regulation, a

hewlett-packard enterprise announcing it plans to move its headquarters from silicon valley to texas american company relocating to the lone star state for more on this as well as the coronavirus and the expected u.s. vaccine rollout, let's welcome texas governor greg abbott governor, thank you for being with us today. this is pretty big news. when did you first hear about this and had you been working with hp or did they come to you on this? >> so we have been working with hp we have been talking to the ceo as well as other officials with hewlett packard enterprise and working on this for a while. we got to put this in context so you can see what has been going on across the united states as well as across texas it is this month that was announced, hewlett-packard enterprise moving its headquarters to texas. last month it was announced that the fortune 500 real estate company moved their headquarter to dallas. it is next month where the official headquarters opening of charles schwab will take place in dallas, moving from san francisco. as you know, it was a couple of months ago we

i am wondering in the case of hewlett packard enterprises it's not a retreat altogether from the stateut it's telegraphing one and i'm wondering whether this continues. regardless of politics it's about the money, what do you think? >> well, i think the determination as to whether or not it continues depends on if these things change after covid or not and i think the hypocrisy really doesn't help, and i think that what small business owners and big tech are thinking about is is it worse to expose people to the virus or is it worse to, you know, kill the small businesses and kill the tech and kill the opportunities for them to do business and have enterprise and what's the follow-up going to look like? how long is it going to last but i think, yes the taxes are stated to go up to about 16.9% in california and that means top talent is also going to leave california so the demographics are rapidly-shifting and it's going to be interesting to see if it's permanent or just a covid thing. neil: you know, what's interesting in this , john lay field isn't so much what hewlett packard is looki

. >>> hewlett-packard, the latest tech company to leave silicon sally.susan? susan: texas, yeah. they're setting business needs. hewlett-packard says as we look to the future, business needs, opportunities for cost savings and team members preferences about the future of work made the decision to relocate hpe's headquarters to a new campus under construction springs, texas, outside of houston. human factors is one of the reason that silicon valley became america's tech hub. stuart: there you go. susan: silicon valley you think of companies like hewlett-packard and intel. after a really tough year, they're still losing money. hpe needs to save it. they're saving on taxes, cheaper real estate going over to texas. important to note there are no layoffs in this move. they will add several hundred non-technical jobs to the new texas campus. but the move won't happen until the year 2022. hpe the latest to move to texas. hewlett-packard choosing austin for gigafactor. and also avoiding new jersey taxes. stuart: it is exodus away from high-taxed badly-run states

and now to a big story tonight hewlett packard is moving its headquarters from the bay area to texas. >>the company's home is currently in san jose will be relocating to spring texas. the texas governor greg abbott made the announcement today that quarters will be located in a state of the art campus that will open in early 2022, hewlett packard already has locations across texas in austin plano and in houston. >>still to come tonight hospitals across the country dealing with the pandemic problem, not enough nurses, and they say they're trying to fill a growing need a show of support for health care professionals, how one coffee giant is helping to fuel frontline workers plus today is world aids day we're taking a look back at the history of the deadly disease here in the bay area. clear skies dry conditions leading to some cold temperatures tonight hello to get your neighborhood coming up next. >>as the world now focuses on the covid pandemic we are remembering victims of a different pandemic the aids pandemic. >>it's been 39 years since the first case was reported in the united stat

oracle joining that parade along with hewlett-packard. tesla's ceo elon musk moving to texas. oracle says that the move is not to force workers to live in that expensive bay area but others are blaming california's outrage just taxations. there is a lot of reasons for it. susan li helps us hash them all out. susan. reporter: definitely accelerating trend out of silicon valley. one of the biggest companies in the world, oracle, heading to austin, texas, from redwood city, california. officially in their sec filing depending on their role many of our employees can choose their office location as well as continue to work from home part time or all the time which is also headline making. oracle joining tesla and elon musk moving to the lone star state. i should point out we do have oracle's billionaire founder larry he will sisson of tesla's board. hewlett-packard enterprise is heading up to houston instead. at&t, charles schwab, pod cast star joe rogan moving to texas. oracle says it is a more of a remote work trend you have to figure taxes

been putting this project together for so many weeks and >>> goodbye bay area and hello texas, hewlett-packard enterprise is taking its corporate headquarters to the lone star state or the company says it will be laying off any employees and will keep its san jose campus. it's new campus outside of houston is under construction with the move expected sometime next spring.>> thank you for watching tonight at 7, the news continues to remain on cbsn bay area. >> we will be back here at 11:00 with more local news for you. have a good night. it's down to the wire, the team's been working around the clock. we've had to rethink our whole approach. we're going to give togetherness. logistically, it's been a nightmare. i'm not sure it's going to work. it'll work. i didn't know you were listening. announcer: it's time to play "family feud"! give it up for steve harvey! [captioning made possible by fremantle media] [cheering and applause] steve: thank y'all. i appreciate it, everybody. thank y'all very much. i do. i appreciate it. thank y'all. i really do. i appreciate that. thank y'all. well, welcome to

. >> hewlett-packard is taking its corporate headquarters to texas. it's not clear how many employees the mobile impact. the company says it will keep its san jose campus and consolidate some of its bay area sites they are. >>> salesforce is acquiring slack in it $27 billion megadeal. the acquisition will help salesforce compete directly with microsoft >> the cbs evening news is coming up next.>> good evening, coming up after kpix 5 news and 6, we got that breaking news, the cdc with the ground rules on who should get the first shots and when. we've got that and ♪ ♪ captioning sponsored by cbs >> o'donnell: the breaking news tonight: the c.d.c. officially decides who should get the vaccine first in the most ambitious vaccination program in u.s. history. with just two weeks to go until the projected rollout of the first coronavirus vaccine, the concerns tonight about why it will take at least five months to vaccinate all the most vulnerable americans and essential workers. as hospitalizations spike across the country, why south dakota and indiana lead

we're looking at hewlett-packard. tesla moved to texas.the said to financial exchanges, come to texas. cheaper here, less to pay in taxes, more opportunity to you. your thoughts on these companies and shifting policies and the way they're moving around the country to escape the burden of high taxes? >> yeah. four years ago i wrote a piece about california's unsustainable for four reasons. infrastructure debt is above $2 trillion. these big corporations realize a tax bill is coming due. the labor policies are hard enough. the current taxes are hard enough. they know the future doesn't like bright either. so they are looking to move their tax headquarters, their domicile toe low-taxed states before the big tax bill comes due in california. they pay jobs with them, they hurt and middle and lower classes taking those jobs away. jackie: that is really interesting. we're seeing the same kind of phenomenon mere in new york city. it is not necessarily with big corporations the residents, high earners are fleeing the city because quality of life ha

last week hewlett-packard announced they were moving headquarters to texas. >> many are finding ways to connect with people despite being closed because of covid-19. for the tech downtown in san jose it includes engaging with visitors online instead of person. a new website featuring interactive challenges and virtual field trips. >> we realized when the pandemic hit and we had to close our doors that all of the staff that had to put the skills to work. >> wonderful to try to keep the building going. >> a new 5,000 square foot exhibit called solve for earth using technology and other displays to teach about our environment and sustainability. we have been covering the state of the arts all week here at abc 7. if you want to read about more organizations or help out, we have information on how to do that at abc7news.com/betterbayarea. all you have to do is click on state of the arts. >> lake tahoe is closed to visitors for at least the next three weeks. part of the greater sacramento region which became subject to the state's stay at home order after icu capacity dipped below 15%. non

hewlett-packard is moving to houston.nser hassan spoke to some leaders about whether this is a sign of a silicon valley exodus. >> reporter: when an icon that built silicon valley decides to leave silicon valley it may not be that big of a deal. >> companies come and go. what is important is that we continue to build a pipeline of the next addition of builders who will create the amazing brands. >> reporter: he's the chairman of the entrepreneurship task force, and says when it comes to entrepreneurship and innovation, nothing beats silicon valley. but despite that, hewlett-packard is headed to houston. another tech company to break from silicon valley. many cite the high cost of living and taxes. he admits there is room for reform but he doesn't see this as a trend. >> what you think about is who is the team. where can i find the best talent. who are my investors that i can work with. where are the companies i can get advice from. >> situations like this are a wake up call. >> reporter: ahmad thomas is the ceo of the sil

. >>> shares in hewlett-packard enterprise after that company said it would move its headquarters out of san jose and to texas. it's going to keep its san jose campus. now hpe is not to be confused with hewlett-packard which is staying in palo alto. >>> the other thing that was interesting in that fed report i was telling you about is it noted there is an enormous amount of hiring done by a company it didn't name, but said it was a large logistics company with a distribution firm, national presence. if you can figure out what this amazonian company is, please do let me know. >>> now, as we have been reporting, coronavirus is now at the worst and most deadliest that it has ever been. more people in the hospital now than during our spring lockdown. that may be inspiring the democrats to back down on their demands for a coronavirus relief bill. tracie was talking about this a smaller deal moving forward. as it appears pelosi and schumer want some relief for americans even if it's not as much as they hoped. >>> marcus and laura, i want to show you this. a spreadsheet so big it slowed my c

meanwhile hewlett-packard is already announced it will reinstate its match december 31st. roughly a million of all 401(k) holders experience a match loss this year. that compares to 5% during the great recession. big difference says center for retirement research at boston university. listen. >> i think that the big news here is that people really haven't been taking that much money out of their 401(k)s and that, not that many participants have been affected by the suspension of the match. reporter: ironically the reinstatements while good news for employee retirement portfolios, it comes as the biden administration may choose to extend temporary rules set by the cares act that allowed savers to borrow from the 401(k) without incurring that 10% penalty. that could mean that workers would be borrowing even more as companies start putting money back in. look, any reduction in contributions has big impacts for retirement savers. the center for retirement research says, this is their study. leakages, borrowing, hardship loans if they occur at the rate of 1.5% each and every ye

shares in hewlett-packard enterprise rose 2% after it said it would move its headquarters out of san texas. it will keep its san jose campus. hpe not to be confused with hewlett-packard staying in palo alto. >>> an enormous amount of hiring done by a company it did not name but said it was a large logistics and distribution firm with a national presence. now, if you could figure out what amazonian-size company this is, do let me know. >>> now, as we've been reporting, coronavirus is the worst it has been. it is the deadliest it has in ever been ever. more people in the hospital now than during our spring lockdowl. that may be inspiring the democrats to back down on their demands for a coronavirus relief bill. tracy was telling you about this. a smaller deal moving forward. it would appear even if it is not as much as they hope. marcus and laura, a spreadsheet so big my computer slowed down. who got how much in the paycheck prodekz loans. you can sort it out to see who in the bay area got big money. a bay area golf course as a consulting company on the peninsula. $1.3 million. you can

in hewlett-packard, yet another big, bold-faced corporate name to say in california we are out of here. we're moving to texas. houston in particular. why do you think they did that? give you a hint. they will save a lot on taxes. welcome everybody, i'm neil cavuto and this is kos to coast. get the read on the big development of the day an approval of an american vaccine but by another country that has some in this country saying wait a minute, isn't this our drug, our company, our thing? not so fast. let's go to edward lawrence in washington, d.c. with more on that. hey, edward. reporter: alluding to the fact that the flighted kingdom will become the first to approve vaccine that will go into arms next week. the government approved the pfizer biontech vaccine. on december 10th, the fda is taking up emergency use authorization for the same company's vaccine in the u.s. senior administration official confirmed for me yes, 24 to 48 hours after approval in the u.s. the doses will be delivered and ad hundred sistered. in fact pfizer doing practice runs this week to make sure the distributio

questions are being raised after a number of big name companies, including hewitt pack hewlett packard and tesla announced that they are leaving california. there is a worry that a tech exodus could be next. ian sherr with seen at says many companies could be looking for a change of scenery from the states politics and what many believe is an unfriendly business culture. >>whether or not this is going to be larger trend though is is going to be interesting. i highly doubt you're going to see people like facebook or google or apple uproot themselves the same way that maybe oracle is willing to but you never know right, i mean there's been a lot of complained about california for years and maybe this they're finally fed up. >>share added the news isn't all bad. he says the moves could create relief and a real estate market and with give startups and other companies a chance to grow their businesses. coming up next on the kron 00:00am morning news, crime trends in san francisco are shifting. >>when we come back, we have a full breakdown of what you can do to not become a victim. stay with

the headquarters will be located in a state of the art campus that will open up an early 2022, hewlett packardlready house locations all across texas in austin plano in houston. well disney house furloughed nearly 1800 more employees as the park remains closed for the foreseeable future. the furlough positions include landscapers engineers and restaurant workers under covid-19 health and safety guidelines disney will likely remain closed until early 2021 or even next summer. economists say that more americans are using credit cards to pay living expenses, a warning sign that our economy may be in danger. according to the federal reserve bank of philadelphia there's been a 70% increase in tenants putting their rent payments on plastic housing advocates say that's an indicator that evictions may soon surge higher again. not surprisingly people resort to what they've done in the past is that they will put down on credit card fully understanding is that they won't be able to pay off. >>but it it buys them time and in some senses time is important so time will bring us a vaccine the time kind of in

tesla ceo elon musk announced plans to head east to texas hewlett packard soon followed also with plans to move to houston stores says that many california companies are fed up with the state's high taxes and unfairly business climate. >>and in the age of covid-19 were so much is being done virtually. he says it's a perfect recipe for folks to treated the redwoods for the sunshine state we're trying to do is create favorable environment for companies succeed and roll out the red carpet and let them know that we want them here for us is that more companies could be looking to cash out on california and if they do. >>he says he'll be ready to say if things don't change it to get i at the end day people will go where they find it easier to business or it's inexpensive and where they wanted. >>californians who need health insurance have until december 30th to apply for covered california covered california pushed its deadline back to help people get care during the health crisis. well coverage will begin on january first for those who sign up by the deadline. according to covered california

last week hewlett-packard announced they were moving headquarters to texas. >> many are finding waysnnect with people despite being closed because of covid-19. for the tech downtown in san jose it includes engaging with visitors online instead of person. a new website featuring interactive challenges and virtual field trips. >> we realized when the pandemic hit and we had to close our doors that all of the staff that had to put the skills to work. >> wonderful to try to keep the building going. >> a new 5,000 square foot exhibit called solve for earth using technology and other displays to teach about our environment and sustainability. we have been covering the state of the arts all week here at abc 7. if you want to read about more organizations or help out, we have information on how to do that at abc7news.com/betterbayarea. all you have to do is click on state of the arts. >> lake tahoe is closed to visitors for at least the next three weeks. part of the greater sacramento region which became subject to the state's stay at home order after icu capacity dipped below 15%. non-essen

today's announcement follows the news that hewlett packard. is moving to spring texas and tesla ceo elon musk is leaving the state to relocate to austin. coming up tonight at 6.45 congress is still stuck on negotiating a coronavirus relief deal. >>to get aid to american families before lawmakers leave for the holidays, we hear from senators on what's the holdup. plus shape up or pay up officials in one east bay city proposing an increase in >>and contra costa county, the board of supervisors is considering increasing the fines when businesses violating health orders. our first believed gaal explains how high those penalties may go. >>for some businesses in the east bay owners are willing to pay the price for breaking the rules and this week supervisor, karen mitch off suggested during the contra costa county board of supervisors meeting that's the current fine structure for health order violations needs more teeth we've got to get through this. >>and i'm pleading with people you've got to do the right thing since november 19th the contra costa

not in california but in of course hewlett-packard's case houston, texas. think it's part of a foundation effort but that could be just a signal of things to come. charlie gasparino, what's going on? >> well i mean he is looking to cut costs, meaning elon musk, the founder of teslas. this is an amazing stock story, neil. i was the first one to break the story that he was under investigation about two or three years ago for making a claim that tesla was going to be selling for $420, going private at 420-dollar stock price. that turned out to be false. he got slapped a little bit on the wrist by the sec, had to pay a fine but the stock is well north of 420. the stock is well north of 420, something in the 500 range after a stock split. elon musk has done very well over the last couple years. one of the ways he has done it is by showing the street he is willing to cut costs which he is doing. one way to cut costs is to move your plants out of high-cost areas like california. looks like he is starting to make moves to do that. the other way you prove yourself t

hewlett-packard enterprises is making a major move. of the founding computer makers in silicon valley is shifting its headquarters to houston. hp says it is already building a state-of-the-art campus. the move comes as companies and individuals leave an area known for its high cost of living. that is the latest bloomberg business flash. francine? onncine: a lot of the focus the data is on the pfizer news. it has not move the needle at all. it is incredible to see what was priced in and what was not priced in. a couple of things moved on the back of the interview that joe biden gave to the new york times, and one of them is 6.5634., at look out for pound as well. brexit negotiators are racing for a deal. ambassador said risks remain. i don't really know if this is new rhetoric or whether it is the right thing to do with negotiations, but i guess we will know in the next couple of days. tom: on the data front, i would note that the real yield has rolled over. i don't have it in the data check, but the real yield of -.92, we will talk abo

created during economic downturns for financial crises or economic crisis, fedex, microsoft, hewlett-packardwas founded in the middle of the great depression in 1936. the company that essentially built silicon valley. so there's somebody examples that some so i think that trying something now is actually really, it is a moment filled with possibility. abuse abuse and that there is nowhere to go except up, that if you can get through this moment, you will be able to get through anything. linda: this passes natural optimism about you. and you have a real appreciation for america and the opportunities here. and i know that you were again, fantastic journalists of course want to coming your incredibly related interactive . rethink your optimism of america is . guy: i work at it. it's been a very difficult last few years. i'll be honest with you, spin tough. the last four years have been tough to see just what has been happening. i lived in washington dc for any years. i don't mind people are committed to public service and deceit that really degraded in the road has been very hard. here's what i

hewlett-packard announcing it is leaving the golden state for the lone star state, building a brand-newton which is a win for grosvenor greg abbott who is actively recruiting corporations to come down, the state income tax, lower real state prices, more attractive, 50, fortune 500 companies are headquartered there so there could be more. better for the employees. >> don't you move to texas. we need you here. >> reporter: i just go visit. >> see you later. time to check in with steve doocy for what is coming up on "fox and friends". >> coming up on the wednesday telecast, senator joe manchin one of the leading democratic voices warning his company against the progressive push to the left when it comes to coronavirus relief, the need for bipartisanship, as congress has a big to do list breaking for the holidays. the latest on that from senator tom con, representative michael waltz, congressman dan crenshaw of texas and education secretary betsy devos and the important of getting kids back into the schoolroom which is where they are quite safe. we are joined by kathy lee gifford. it will b

i talked about oracle and hewlett-packard enterprise, elon musk and tesla and all this, but what's strikingirror opposite of what's happening in so many states like new york, where we showed these protests going on. they're looking at having to raise taxes to fill these revenue gaps. that's not going down well. imagine their situation will only get worse if the only way they can sort of balance the books is to do it with higher taxes. it plays out in one state after another but not texas. i guess the obvious question i have for you is with all of these people and businesses coming, can you support them without raising taxes, without doing the kind of thing that other states say we have to do that to support the new infrastructure around these tens of thousands, hundreds of thousands of folks coming over to our state? >> well, you know, that's an interesting question, because in texas, that's something that's talked about. just in case you didn't know, our legislature is about to go into session and people go what do you mean, they're about to. they only meet every other year. we appreciate

we just had hewlett-packard moving from silicon valley to texas.alantir doing to denver, and elliot management going to palm beach. it is another blow to the cities on the coast, california and new york whether it is companies rethinking how much they need to pay for commercial real estate as people have been rethinking where they need to live or just quality of life issues where people can operate from home it's just a lot of rethink right now going on an interesting trend to watch this definitely, i think the big thing that's already started happening, gold medalman shifting people from their new jersey building to salt lake city is a great example of this for the big banks, they realized that support staff don't need to be super close they have tested all of their it systems and they can be remote. partly because these companies own their own massive building is a goldman sachs or anyone like that moving in full from new york city. maybe that will change for them in their children cities or vice versa for a bark close or b and p pary bar, et cet

hewlett-packard is moving. usually in blue states. new york new york, connecticut. businesses where where used to paying the higher taxes because they liked the brain power. now the brain power is moving to texas and that will cost jobs. >> bill: we've seen it. a suggestion about florida growing too as well. breaking news in the business world. the governor is taking on facebook in a big way. a moment ago, facebook came out with a statement. here it reads. >> bill: now, what the government is doing is taking on their acquisition of what's app which is used by a billion people around the world every day and instagram that is making facebook a lot of money. where does this go, do you think? >> by the way, it's not only the federal government. there's 47 -- excuse me. 46 attorneys general and the district of columbia that are also joining in their own lawsuits along similar fashions trying to get them to break off what's app and instagram. bottom line, facebook has used their dominance and monopoly power to crush smaller rivals and snuff out competition at the expense

hewlett-packard and oracle made plans to move their offices. 39 other companies have relocated to austin> well, a chicago 2nd grader is doing they are part to help out during this pandemic. hailey orlinsky wanted to raise $200 by making bracelets. 8,000 bracelets later, the 7-year-old has raised $20,000 to help the hospital buy personal protective equipment and to support research. she says she was bullied when she was 3 years old for being the shortest kid in class. she decided to respond with kindness. >> look how organized her boxes are. my kids, when we do this, a mess. >> viewers of cnn heroes weigh the top moments worth remembering, a rescue in london when a man named patrick hutchinson scooped up someone about to be overtaken after protests over racist statues. he was attending his first black lives matter protest and spotted a man who had wandered into the crowd, clearly in need of help. >> the biggest thing for me was making sure no harm came to him because i knew if harm had come to him, the attitude would be changed and the blame would fall on the young black lives matter prot

it follows the exodus of tesla owner and hewlett-packard to lone star state due to coronavirus restrictionsrking. california congressman eric swalwell is facing growing scrutiny over his ties to a suspected chinese spy. reports say christine fang was fund wayser for swalwell in 2014 and place intern in his office. congresswoman has yet to explaining the nature of his relationship with fang christina coleman is live in los angeles with more. christina. reporter: hey, jon well this whole situation gives some context into how deeply china apparently willing to go within local politics to try to understand and potentially influence u.s. government suspected spy has been identified at christine fang she's accused of targeting up and coming politicians in bay area political circles like california congressman eric swalwell. the chinese operative allegedly helped swalwell fund raise for 2014 campaign and helped place at least one intern in his office. fang is also suspected offing are romantic or sexual relationship with two unname midwestern mayors. wall swail well cut ties as briefed him on thei

hewlett-packard, a spinoff focusing on business systems is moving its corporate headquarters to texasand elon musk has told friends he is moving from california to texas, his company is building a new plant in austin. >> it is the lower tax or no income tax states that are making a significant difference. >> reporter: with no individual or corporate income taxes, florida and texas have some of the lowest taxes in the country. new york and california have among the highest. but others say just focusing on costs is short sighted look at education, health care, the workforce. greg laroy from good jobs first believes that when all is said and done, the new workplace will look a lot like the old one. >> i can't see smart companies getting rid of facetime. they will still need physical space. maybe less, maybe more flexible, but i still think that there will be a hybrid >> one change that may become permanent, states are aiming sub citydyes not just companies, but workers. hawaii will fly you there and help pay for your accommodations to work remotely to really think about all the ways that