This year’s Fortune 500 list is out, and while Walmart’s $421 billion in revenue may have beaten out Exxon Mobil’s paltry $354 billion, the oil giant beat out Big W where it matters most, profits. According to Fortune, the crude colossus made a whopping $30.4 billion in profits last year, nearly double what Walmart made and over $10.5 billion more than the next most profitable company on the list. [More]
Walmart Regains Top Spot On Fortune 500 List
By April 15, 2010
With over $408 billion in revenue, Walmart has regained the coveted top spot on the annual Fortune 500 list. The mega retailer had slipped to #2 behind Exxon Mobil on last year’s list after two consecutive #1 years in 2007 and 2008. [More]
Morning News Roundup
By April 4, 2006
7-Eleven is set to implement a new, testosterone-boosted ATM this year, providing even more banking solutions to the great unwashed The all-embracing milk of corporate hegemony continues to…
See The Fortune 500 Magazine Cover That Was Too Brutally Honest To Run
Fortune magazine commissioned artist Chris Ware to design a cover for their 2010 Fortune 500 issue, so he did. Unfortunately, what he delivered was a detailed, funny, and biting commentary on the current state of our economy–with banker types dancing on the top of mega-buildings that spell out “500,” a factory in Mexico churning out big box merchandise, and a “401k cemetary.” Fortune rejected it, but hasn’t provided any comment on why. Well, okay, it’s probably self-evident why they killed it, but it’s still funny. [More]