Oil giant Chevron fleeing to Texas from California — here's why

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Oil giant Chevron fleeing to Texas from California — here's why
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Today's Business Headlines: 8/2/24

The company on Friday announced its planned corporate relocation to Houston from San Ramon, where it has long been based.

Chevron said about 2,000 of its employees work in San Ramon at the moment and 7,000 are located in Houston. Also on Friday, Chevron announced the retirements of three executives and released its second-quarter earnings report.

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