Exxon Mobil tops Fortune magazine's 500 list May 8, 2012 - 15:15 AMT PanARMENIAN.Net - Oil giant Exxon Mobil tops Fortune magazine's Fortune 500 list. The latest issue of Fortune magazine has the annual list of America's top earning corporations. In 2011, those 500 companies made a combined profit of $824.5 billion, according to CBS News. The 2011 combined profit smashed the previous 2006 record of $785 billion and was a 16.4 percent profit increase over 2010. Those taking from 2nd to 10th places are: Walmart Stores; Chevron; ConocoPhillips; General Motors; General Electric; Berkshire Hathaway; Fannie Mae; Ford Motor; Hewlett-Packard Apple, previously placed at 35th position, zoomed right up to 17th for this year’s list.   Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".   Partner news |  Latest news Ucom Celebrates Telecommunication Day  May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865.Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan.Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |
