‘DISASTER’: California loses another MAJOR business to Texas

California gubernatorial candidate Steve Hilton reacts to Katie Porter's decision to step away from politics and explains why another major business is leaving California for Texas on ‘Varney & Co.’ #foxbusiness #varneyandco 00:00 World Cup predictions and opening banter 00:35 Katie Porter exits politics after failed California governor bid 01:31 California loses major shipyard project to Texas 02:07 Steve Hilton: Why businesses keep leaving California 02:50 Will California's biggest companies be next to leave? Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook:   / foxbusiness   Follow Fox Business on Twitter:   / foxbusiness   Follow Fox Business on Instagram:   / foxbusiness