Texas is the new capital of the Fortune 500—taking California’s crown

Everything’s bigger in Texas—including the companies. The Lone Star State is now home to the most Fortune 500 companies, dethroning California as the capital of the Fortune 500. 

The state’s 57 Fortune 500 companies ranked roughly $2.8 trillion in renevue last year, compared to California’s 56 businesses and roughly $2.7 trillion revenue. New York comes in third with 53 companies and $2.2 trillion. 

In recent years, Texas’........

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