Relocations Of Business

Taco Bell Corp.'s decision to keep its headquarters and 1,000 jobs in California is only a temporary arrangement that gives the company more time to evaluate its expansion needs and assess whether California is truly becoming friendlier to business, its chairman said Tuesday. John E. Martin, who is also chief executive of the Mexican-style fast-food chain, did not rule out moving to Texas or another state later, saying the company will do whatever is "best or most practical."

Taco Bell Corp.'s decision to keep its headquarters and 1,000 jobs in California is only a temporary arrangement that gives the company more time to evaluate its expansion needs and assess whether California is truly becoming friendlier to business, its chairman said Tuesday. John E. Martin, who is also chief executive of the Mexican-style fast-food chain, did not rule out moving to Texas or another state later, saying the company will do whatever is "best or most practical."