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New Fortune 500 Rankings: Texas Overtakes California, But Amazon is #1, Beating Walmart

"Texas has dethroned California as the state with the most Fortune 500 companies," reports the Los Angeles Times: The Fortune 500 list ranks the largest U.S. companies by revenue. This year, 57 of the top companies are headquartered in Texas, compared with California's 56. It's a reversal from two ...

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