California ranked as least business-friendly state

As reported by the San Jose Mercury News:

If you think California is a tough place to do business, you’re not alone.

A new report from CNBC confirms what scores of companies have long suspected — California is the least business-friendly state in the nation.

CNBC’s 10th annual America’s Top States for Business study places the Golden State at the bottom of the list for 2016. California was also found to be one of the costliest places to do business, with a favorability ranking of 49 out of 50.

Those figures don’t surprise Clay Harrison, co-owner of Vidcam, a Burbank business that rents cameras, lighting and audio equipment to the TV industry. …

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