Here’s who topped the new Fortune 500 list
Walmart, for the fourth consecutive time, topped the Fortune 500.
The 62nd annual list also includes high rankings for Exxon Mobile, Apple (which is the top tech company, according to Fortune), CVS, General Motors, and Ford.
Only 12% of companies present on the Fortune 500 list in 1955 still remain on the list in 2016.
— Matthew Kennedy (@MattKennedy116) May 27, 2016
While not in the top 10, Netflix, the fast-growing TV streaming service, has jumped almost 100 spots in the last year to No. 379.
Netflix and other companies saw growth, but the list overall revealed growth for big business has been stagnate. More than half of the Fortune 500 companies saw a sales drop, including No. 1 Walmart, which had a sales decline of 0.7% in 2015. For the entire list, profits fell 11%.
Despite that, CEO pay rose significantly across the board by a median 5.5% to $11.4 million. And the roles of women are still drastically underrepresented, with women holding onto 4.2% of CEO positions.
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Allison is originally from Fresno, California, but made her way to the beautiful Central Coast, where she is a student at UC Santa Cruz, earning a degree in both history and politics, working as a reporter for City on a Hill Press, and guzzling gallons of coffee. She is a lover of television and all things Amy Poehler. Follow her embarrassing attempts at jokes on Twitter @alleyrenee16.