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Washington Examiner

Amazon beats out Walmart for No. 1 company on Fortune 500

Amazon beats out Walmart for No. 1 company on Fortune 500
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Amazon placed No. 1 on the Fortune 500 ranking on Wednesday, overtaking Walmart’s 13-year streak as the highest-earning U.S. company. The online retailing giant surpassed $700 billion in revenue last year, with a 12% year-over-year increase, according to the annual list that ranks America’s 500 largest companies by total revenue for the previous fiscal year. […]

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