Two Birmingham-based companies have made Fortune’s annual list of the nation’s largest corporations.
Regions Financial and Vulcan Materials were part of the 2023 ranking, which groups companies by revenue from the 2022 fiscal year.
The revenue threshold for making the Fortune 500 list was $7.2 billion this year, up 13% from a year ago.In total, Fortune 500 companies represent two-thirds of the U.S. gross domestic product, with $18 trillion in revenues, which was up 13%. Profits among the company were down 15% from 2021, the second time in the past three years that saw a decline.At 483 is Regions Financial, with more than 20,000 employees and $7.5 billion in revenue.
Vulcan Materials placed 494, with revenue of more than $7.3 billion. The company has 11,974 employees. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Houston has more Fortune 500 companies than almost any other cityOil and gas giants like Phillips 66 and ConocoPhillips helped Houston claim the No. 2...
Baca lebih lajut »
Three killed in Maryland after car veers off road, plunges 500 feet to quarry belowThree people were killed when their car careened off a road and plummeted 500 feet to the bottom of a quarry in Frederick County, Maryland, authorities said in a release.
Baca lebih lajut »
S&P 500 closes slightly lower on Monday after touching highest level since August: Live updatesThe S&P 500 dipped in late afternoon trading, erasing earlier gains that brought the benchmark index to trade at its highest level on an intraday basis in nine months. The Dow shed 0.59%. The S&P 500 dipped 0.20%. The Nasdaq was down 0.09%.
Baca lebih lajut »
Stock market outlook: S&P 500 can rally 20% if it clears 3 hurdlesThe stock market could rally 20% through the rest of this year if it can clear 3 key hurdles, Fundstrat says
Baca lebih lajut »
500+ bills await Pritzker decision in next 3 monthsIllinois lawmakers passed 566 bills through both chambers of the General Assembly in the recently concluded legislative session That sets the table for an approximate three-month bill-signing season for Gov. J.B. Pritzker.
Baca lebih lajut »
S&P 500 ends lower as traders eye potential pause in rate hikesThe S&P 500 ended lower as investors weighed whether the US Federal Reserve might pause interest rate hikes at its upcoming policy meeting, while Apple shares briefly hit a record high before losing ground $AAPL
Baca lebih lajut »