Top 5 Companies In USA – A company is a legal entity form by a group of individuals to engage in and operate a business—commercial or industrial—enterprise. These structures also denote the ownership structure of the company. They can also be distinguish between private and public companies.
A company is a body corporate or an incorporate business organization register under the companies act. It can be a limit(ed) or an unlimit(ed) company, private or a public company, company limit(ed) by guarantee or a company having a share capital, or a community interest company.
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals.
A company can be establish as a legal person so that the company itself has limit(ed) liability as members perform or fail to discharge their duty according to the publicly declare incorporation, or publish policy. When a company closes, it may need to be liquidate to avoid further legal obligations.
A company can be define as an “artificial person”, invisible, intangible, create by or under law, with a discrete legal personality, perpetual succession, and a common seal. Except for some senior positions, companies remain unaffect by the death, insanity, or insolvency of an individual member.
Top 5 Companies In the USA
Meanwhile, we are going to list and explain the best and top companies in the united state of America.
Here is the list of the companies:
- Apple Inc
- CVS Health
Walmart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas.The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam’s Club retail warehouses.
As of October 31, 2021, Walmart has 10,566 stores and clubs in 24 countries, operating under 48 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart holds only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company’s shares, and private equity firm Advent International holding 80 percent ownership of the company.
Walmart is the world’s largest company by revenue, with US$548.743 billion, according to the Fortune Global 500 list in 2020. It is also the largest private employer in the world with 2.2 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton’s heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings. Walmart was the largest United States grocery retailer in 2019, and 65 percent of Walmart’s US$510.329 billion sales came from U.S. operations.
Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as “one of the most influential economic and cultural forces in the world”, and the world’s most valuable brand. It is one of the Big Five American information technology companies, alongside Google, Apple, Meta and Microsoft.
Jeff Bezos founded Amazon from his garage in Bellevue, Washington, on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories: a strategy that has earned it the moniker The Everything Store. It has multiple subsidiaries including Amazon Web Services, Zoox, Kuiper Systems (satellite Internet), Amazon Lab126 (computer hardware R&D). Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Its acquisition of Whole Foods in August 2017 for US$13.4 billion substantially increased its footprint as a physical retailer.
Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and mass scale. As of 2021, it is the world’s largest Internet company, online marketplace. AI assistant provider, cloud computing platform. And live-streaming service as measured by revenue and market share. In 2021, it surpassed Walmart as the world’s largest retailer outside of China, driven in large part by its paid subscription plan, Amazon Prime, which has over 200 million subscribers worldwide. It is the second-largest private employer in the United States.
Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services. Apple is the largest information technology company by revenue (totaling US$365.8 billion in 2021) and, as of January 2021, it is the world’s most valuable company, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. It is one of the Big Five American information technology companies, alongside Alphabet (Google), Amazon, Meta (Facebook), and Microsoft.
Founded as Apple Computer Company on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to develop and sell Wozniak’s Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977 and the company’s next computer, the Apple II became a best seller. Apple went public in 1980, to instant financial success.
The company went onto develop new computers featuring innovative graphical user interfaces, including the original Macintosh, announced in a critically acclaimed advertisement, “1984”, directed by Ridley Scott. By 1985, the high cost of its products and power struggles between executives caused problems. Wozniak stepped back from Apple amicably, while Jobs resigned to found NeXT, taking some Apple employees with him.
CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; It is a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company’s headquarters is in Woonsocket, Rhode Island. CVS Health is rank 4th on the Fortune 500 list, and 7th on the Fortune Global 500 list.
Consumer Value Stores (CVS) was establish in 1963 by three partners: brothers Stanley and Sidney Goldstein and Ralph Hoagland, who grew the venture from a parent company, Mark Steven, Inc., that help retailers manage their health and beauty aid product lines. The business begin as a chain of health and beauty aid stores, but within several years, pharmacies were add.
To facilitate growth and expansion, the company joined the Melville Corporation, which managed a string of retail businesses. Following a period of growth in the 1980s and 1990s, CVS Corporation spun off from Melville in 1996. Becoming a standalone company trading on the New York Stock Exchange as CVS. In December 2017, CVS agreed to acquire Aetna for $69 billion and completed the acquisition in November 2018. Legal issues related to the merger were resolved in September 2019.
In February 2020, CVS Health announced changes to its Board of Directors. Directors Richard “Dick” Swift, Richard Bracken and Mark Bertolini will no longer stand for re-election at the company’s 2020 Annual Meeting and the Board will be reduced from 16 to 13 directors.
On November 18, 2021, CVS Health announced that the company plans to close 900 stores over the next three years with closing due to begin in the spring of 2022. In November 2021, a federal jury found that CVS, along with Walgreens and Walmart, “had substantially contributed to” the opioid crisis.
Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller’s Standard Oil and was form on November 30, 1999, by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). ExxonMobil’s primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical. ExxonMobil is incorporate in New Jersey.
One of the world’s largest companies by revenue, ExxonMobil from 1996 to 2017 varies from the first to sixth-largest publicly trade company by market capitalization. The company was rank third globally in the Forbes Global 2000 list in 2016. ExxonMobil was the tenth most profitable company in the Fortune 500 in 2017.
As of 2018, the company rank second in the Fortune 500 rankings of the largest United States corporations by total revenue. Approximately 55.56% of the company’s shares are held by institutions. As of March 2019, ExxonMobil’s largest shareholders include The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%).
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