Fortune 500: Wal-Mart Number One (Again)
Fortune has released its annual Fortune 500 list today, and for the second year in a row, the Wal-Mart empire tops the list, earning profits of over $16 billion last year. So yes, people really do like shopping for tubs of vaseline, tires, frozen pizzas, band-aids and beer all in one place.
As for locally, New York is the most represented city on the list, with 45 companies. The highest city-based company on the list is JP Morgan Chase, at number 13.
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