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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Fortune 500

Fortune 500 stories: 6 news summaries

Xerox CEO Shuffle Historic for Women

First female-to-female handoff at big firm; first black woman in role

May 22, 09 9:14 AM CDT
(Newser) - The announcement that Ursula Burns will replace Anne Mulcahy as head of Xerox is brimming with historical significance, writes Patricia Sellers in Fortune. Not only is it the first woman-to-woman CEO handoff in Fortune 500 history, but Burns will be the first black woman to head a Fortune 500... More »

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women • CEO • Fortune 500 • Xerox • Jay-ZTV • Anne Mulcahy • Ursula Burns

Exxon Retakes Top Spot in Fortune 500

Wal-Mart slips to second in 'worst-ever' year for the 500

Apr 20, 09 6:00 AM CDT
(Newser) - Exxon Mobil snagged a whopping $443 billion in revenue to unseat Wal-Mart from the top spot in this year's Fortune 500 list, CNN reports. The two behemoths thrived on jacked-up oil prices and the recession respectively, but the picture was a lot bleaker for most of the rest of the... More »

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Fortune 500 • recession • corporate earnings • Wal-Mart • Exxon Mobil

 Wal-Mart Tops Fortune 500 

Exxon Mobil repeats 2007 performance, finishes second

Apr 21, 08 4:07 PM CDT
(Newser) - Wal-Mart nosed out Exxon Mobil for the second consecutive year to land atop the 2008 Fortune 500, with $37.7 billion in revenues, the magazine said today. In profits, the oil company far outstripped the megaretailer. Three of the top 5 on the list were oil companies, the AP reports.... More »

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Chevron • ConocoPhillips • Citigroup • Bank of America • General Motors • General Electric • ExxonMobil • Fortune 500 • Ford • Wal-Mart • AT&T

Buffet Unseats Gates as Richest Man on Earth

He's worth $62B; Gates is now third with $58B.

Mar 5, 08 7:44 PM CST
(Newser) - Bill Gates has passed the gilded torch: Warren Buffett and Mexican telecom mogul Carlos Slim have ended the Microsoft founder's 13-year reign as richest man on earth, Forbes reports. Buffett's fortune grew $10 billion this year to $62 billion, while Slim weighs in with an estimated $60 billion. Gates trails... More »

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Microsoft • Bill Gates • wealth • Warren Buffett • Fortune 500 • Carlos Slim • billionaire • Berkshire Hathaway • wealthy men

Black Fortune 500 CEOs in Short Supply

Departure of Merrill, Time Warner chiefs knocks total to four

Nov 6, 07 9:03 AM CST
(Newser) - The departure of Dick Parsons from Time Warner and Stan O'Neal from Merrill Lynch has reduced the already sparse population of African-American CEOs running Fortune 500 companies to an extremely paltry four, reports AP. CEOs of any color have a short shelf life, and the small numbers of black chiefs... More »

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Time Warner • African Americans • CEO • Merrill Lynch • Fortune 500 • American Express • Sears Holding • Aetna

Liz Claiborne Dead at 78

Designer was first woman to found Fortune 500  company

Jun 28, 07 5:03 AM CDT
(Newser) - Designer Liz Claiborne, whose styles aimed at career women revolutionized everyday fashion sense in America and brought feminine new looks to the workplace, is dead at 78. She was the first woman founder of a Fortune 500 company. Claiborne died Tuesday in New York, after a lengthy battle with bone... More »

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fashion • women • bone cancer • design • obituary • Liz Claiborne • Ellen Tracy • Dana Buchman • Juicy • Fortune 500 • clothes • fashion designer

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