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PBF News4 articles
Amazon Ousts Walmart to Top Fortune 500, Reshaping Corporate Peeking Order
Amazon has claimed the top spot on the 2026 Fortune 500, ending Walmart's 13-year run and signaling a shift in corporate power driven by e-commerce, cloud computing, and healthcare.
Amazon Ousts Walmart as Fortune 500 Leader; Regional Giants Shine
Amazon unseats Walmart as Fortune 500 No. 1, breaking a 13-year streak. Erie Insurance rises, New Jersey boasts 15 firms, and New England has over 20 companies on the list.
Oil Prices Rally on Strait of Hormuz Bottleneck Despite Truce
Oil prices climbed Thursday as traffic through the critical Strait of Hormuz stayed severely constrained, with only seven vessels transiting in 24 hours. Brent crude rose 1% to $95.65, while WTI surged 3.2% to $97.39.
Gasoline Prices Surge as Middle East Tensions Disrupt Oil Flow
U.S. retail gasoline prices climbed sharply as Middle East tensions disrupted oil shipments through the Strait of Hormuz, lifting fuel stocks and prompting major banks to raise crude price forecasts.