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Exxon Mobil Takes Top Spot

Exxon Mobil Takes Top Spot

Wal-Mart is booted from atop the Fortune 500 list by oil giant Exxon Mobil.


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NEW YORK (AP) - There's a change atop the Fortune 500 list of
the country's largest publicly traded companies. Exxon Mobil has
unseated Wal-Mart. Despite plummeting prices, the oil giant took in
nearly $443 billion in revenue last year, to Wal-Mart's $405
billion. Fortune says earnings for the 500 companies on its list
fell 85 percent - the biggest one-year decline in the list's
55-year history.

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