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Yahoo
09-06-2025
- Business
- Yahoo
How many Fortune 500 companies are headquartered in Tennessee? See the 2025 list
Tennessee remains a business stronghold, home to 10 Fortune 500 companies and 23 of America's 1,000 largest companies, according to Fortune Magazine's annual list. Tennessee's representation on the Fortune 500 list has remained steady over the past several years. In 2013, there were nine Fortune 500 headquartered in Tennessee. There have been at least 10 on the list every year since then. The Fortune 500 list represents the nation's largest and wealthiest companies. The list ranks companies in the United States by their total revenues. It comes as no surprise that FedEx was the highest-ranking Tennessee company on the Fortune 500 list, ranking No. 49. Though the shipping company's ranking has faltered slightly in the past three years, it has remained among the top 50 wealthiest companies. FedEx is headquartered in Memphis and employs more than 422,000 people. HCA Healthcare is the next-highest company from Tennessee at No. 61. Headquartered in Nashville, HCA Healthcare operates around 200 hospitals nationwide and has about 271,000 employees, according to the company's website. Other notable Tennessee companies on the list include Dollar General, AutoZone and Eastman Chemical. California is the state with the most Fortune 500 companies in 2025. The state has 58 of the nation's top 500 companies. Texas and New York also have a significant number of Fortune 500 companies, each home to more than 50, according to the Fortune Magazine list. Walmart is ranked No. 1 on the Fortune 500 list, according to the 2025 rankings. The chain has a revenue of about $680,985 million and employs more than 2 million people. Amazon ranked No. 2 on the Fortune Magazine list and UnitedHealth Group took the No. 3 spot. There are 10 Fortune 500 companies in Tennessee, according to the Fortune Magazine's 2025 list. No. 49 - FedEx, Memphis, Tennessee No. 61 - HCA Healthcare, Nashville, Tennessee No. 112 - Dollar General, Goodlettsville, Tennessee No. 226 - International Paper, Memphis, Tennessee No. 227 - AutoZone, Memphis, Tennessee No. 296 - Tractor Supply, Brentwood, Tennessee No. 330 - Unum Group, Chattanooga, Tennessee No. 335 - Community Health Systems, Franklin, Tennessee No. 336 - Delek US Holdings, Brentwood, Tennessee No. 431 - Eastman Chemical, Kingsport, Tennessee This article originally appeared on Knoxville News Sentinel: How many Fortune 500 companies are in TN? See Fortune Magazine's list Sign in to access your portfolio
Yahoo
07-06-2025
- Business
- Yahoo
Warren Buffett Advocates for Balanced Trade Over Tariffs. Could Import Certificates Provide a Better Path for the Stock Market?
Buffett thinks import certificates would be better than tariffs. With Buffett's idea, U.S. exporters would receive import certificates that they could sell to companies importing goods to the U.S. His idea would likely be better for stocks because it would remove the uncertainty associated with the Trump administration's trade policy. These 10 stocks could mint the next wave of millionaires › Warren Buffett has been in the business world for more than seven decades. He also reads voraciously. It shouldn't be surprising, therefore, that the legendary investor has an opinion on tariffs. In a nutshell, he doesn't like them. In a March 2025 interview with CBS News' Norah O'Donnell, Buffett called tariffs "an act of war, to some degree." However, the Oracle of Omaha put forward an intriguing alternative to tariffs years ago that's still garnering attention today. In 2003, Buffett wrote an article for Fortune magazine warning about the U.S. trade deficit. He noted that trade deficits began to concern him going back to 1987. Buffett wrote, "We were taught in Economics 101 that countries could not for long sustain large, ever-growing trade deficits." Buffett didn't just point out the problem, though. He presented a potential solution that he called import certificates. His idea was to issue these import certificates to all U.S. exporters. The exporters would get import certificates equal to the dollar value of the products they exported to other countries. They would then be able to sell their import certificates to anyone wanting to import products into the U.S. For example, let's suppose Acme Corporation exports $1 million in products from the U.S. to other countries. Acme would receive $1 million worth of import certificates that it could sell to any other company seeking to export products from other countries to the U.S. The end result would be a trade balance. Buffett acknowledged, "My remedy may sound gimmicky, and in truth it is a tariff called by another name." However, there are major differences between his proposed import certificates and the tariffs imposed by the Trump administration. For one thing, Buffett's idea doesn't try to protect specific industries as the president's steel tariffs do. Nor do they attempt to punish specific countries like Trump's initial calls for exceptionally high tariffs on China and the European Union. What happened after Buffett proposed import certificates in 2003? Nothing. Fortune reposted the article in 2016. Buffett said then that he still agreed for the most part with what he originally wrote. However, he acknowledged that the problem of trade deficits had "diminished a bit" thanks to lower oil prices and increased domestic production of oil. Does Buffett still like the idea of import certificates? He told Berkshire Hathaway shareholders at their annual meeting in May 2025 that the idea is "certainly better than what we're talking about now." Buffett expressed concern about the impact the Trump administration's tariffs are having on other countries' views of the U.S. He said at the Berkshire shareholder meeting: [I]t's a big mistake when you have 7.5 billion people who don't like you very well, and you have 300 million people crowing about how well they've done. I don't think it's right, and I don't think it's wise. The more prosperous the rest of the world becomes, it won't be at our expense -- the more prosperous we'll become and the safer we'll feel and your children will feel someday. The 94-year-old multibillionaire argued, "The main thing is that trade should not be a weapon." He continues to believe that "balanced trade is good for the world." You might have noticed a pattern with the stock market in 2025. News about increased tariffs or tariff threats from the Trump administration has usually caused stocks to sink. But any hints that tariffs will be eased or delayed, even temporarily, have typically caused stocks to rise. It doesn't take an investing guru to see that tariffs have been perceived as bad for stocks. Would Buffett's import certificates pave a better path for the stock market? I think so. If nothing else, Buffett's idea would remove the animosity that punitive tariffs could create with major U.S. trading partners and be much less likely to ignite a trade war that could cause economic harm. Perhaps more importantly, though, Buffett's proposal would remove much of the uncertainty that has been prevalent with President Trump's tariffs. Buffett developed a logical and structured market-based approach to address trade deficits. Instead of on-again, off-again tariffs with rates that change frequently, investors would know what to expect. However, Buffett didn't seem to have much hope that his import certificates would gain traction at Berkshire Hathaway's recent shareholder meeting. He joked, "[D]on't expect my import certificate idea to go down in history with Adam Smith's Wealth of Nations." Investors might wish otherwise. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $363,030!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $38,088!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $674,395!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of June 2, 2025 Keith Speights has positions in Berkshire Hathaway. The Motley Fool has positions in and recommends Berkshire Hathaway. The Motley Fool has a disclosure policy. Warren Buffett Advocates for Balanced Trade Over Tariffs. Could Import Certificates Provide a Better Path for the Stock Market? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
NDTV
03-06-2025
- Business
- NDTV
"Apple or Android": This CEO Has Asked The Same Question To 3000 Job Seekers. Here's Why
In the competitive landscape of job recruitment, Indeed CEO Chris Hyams has adopted a very unconventional approach to interview the job candidates. According to Fortune Magazine, over the past 15 years, he has consistently asked more than 3,000 candidates a straightforward question: "Apple or Android?" This question, while seemingly about tech preferences, is designed to delve deeper into a candidate's thought process. Hyams believes that understanding how individuals make choices and articulate their reasoning provides more insight than traditional resume reviews. "It might seem strange, but I ask everyone, 'Do you have an iPhone or an Android, and why?'" Hyams tells Fortune. "It's not about the right answer," Hyams explains. "It's about how they approach the question and justify their choice." This method aligns with Hyams' broader philosophy of prioritising curiosity and adaptability in potential hires. By focusing on these traits, he aims to build a workforce capable of navigating the ever-evolving challenges of the modern workplace. "I'm mostly curious about how people make decisions," Hyams explains. "And it's actually a long 15-minute series of back-and-forth on this, where I get to learn a little bit about the human being and about how they make decisions." Most people answer iPhone, with typical reasoning being they've stuck with the brand since being put on their family plan in high school. Others open up about the apps they enjoy using on their phone, generally, giving Hyams a peek into their passions. When that happens, he also asks what they would change about the platforms. "You can actually have a really interesting set of conversations around how important it is when you choose a product that you can get stuck with that thing for a very, very long time," Hyams says. "I ask people what apps they use, and that's a way to learn a little bit about them."
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First Post
30-05-2025
- Business
- First Post
Who is Leena Gandhi Tewari, who bought India's costliest flats for Rs 639 crore in Mumbai's Worli?
Leena Gandhi Tewari, chairperson of pharmaceutical company USV Ltd, has purchased two sea-facing duplex apartments for Rs 639 crore in Mumbai's Naman Xana, a luxury 40-storey tower on Worli Sea Face, offering sweeping views of the Arabian Sea. Including stamp duty and GST of Rs 63.90 crore, the total transaction value stands at Rs 703 crore. This is the most expensive residential property deal ever recorded in India read more Leena Gandhi Tewari is the chairperson of pharma company USV Ltd. Image: X Leena Gandhi Tewari, the chairperson of pharma company USV Ltd, has bought two sea-facing duplex apartments in Mumbai's upscale Worli area for Rs 639 crore. This is the costliest residential property transaction ever recorded in India, and among the biggest real estate deals in the country. The apartments cover floors 32 to 35, and the price works out to Rs 2.83 lakh per square foot, likely the highest rate seen in any residential market in India so far. STORY CONTINUES BELOW THIS AD With stamp duty and GST of Rs 63.90 crore, the total value of the deal comes to Rs 703 crore. As per property registration documents, the transaction was registered on May 28. But who is Leena Gandhi Tewari? What do we know about these apartments? As we break this down, what are some of the other most expensive real estate deals in India? And why are many pharma industry promoters and executives choosing to invest in luxury homes in Mumbai? Let's get you the answers to these questions and more. Leena has bought two sea-facing duplex apartments in the luxury high-rise Naman Xana on Worli Sea Face. The 40-storey tower offers clear views of the Arabian Sea. The duplexes span four floors, from the 32nd to the 35th, covering a total area of 22,572 square feet. At Rs 2.83 lakh per square foot, this makes it one of the highest-priced home purchases in India. In addition to the purchase cost, Leena also paid Rs 63.9 crore in stamp duty and GST, pushing the total amount spent to nearly Rs 703 crore. Mumbai has seen a sharp rise in big-ticket property purchases in recent months. Reuters/File Photo This makes it the most expensive residential deal ever recorded in the country. According to Fortune Magazine, the Naman Xana building was designed by Talaty & Partners LLP. It features 22 exclusive homes with open layouts of around 6,500 square feet, offering wide views of both the sea and the city. STORY CONTINUES BELOW THIS AD Part of Mumbai's ultra-premium property segment, the tower also enjoys improved access due to the new Coastal Road. Who is Leena Gandhi Tewari? Leena is a well-known name in India's pharmaceutical industry and serves as the chairperson of USV Private Limited. She has a net worth of $3.7 billion (over Rs. 30,000 crores) as of 2023, and is among India's richest women. USV was set up in 1961 by her grandfather, Vithal Balkrishna Gandhi. The company is a top player in India's market for oral anti-diabetic and heart-related medicines. It also makes active pharmaceutical ingredients (APIs). Notably, Leena holds a from the University of Bombay and an MBA from Boston University. Her husband, Prashant Tewari, is the Managing Director of USV. Their daughter, Aneesha, has a PhD in molecular biology from MIT, and their son, Vilas, is a computer science graduate from Boston. Both are on the company's board. India's most expensive real estate deals Billionaire banker Uday Kotak and his family purchased nearly the entire 19 Shiv Sagar building in Worli, a sea-facing property, for Rs 426 crore. As per documents reviewed by The Economic Times, the Kotak family had already bought 13 of the 24 apartments in this upscale building through deals completed in January and September 2024. STORY CONTINUES BELOW THIS AD Their latest purchase in April 2025 added another 8 apartments, taking their total to 21. Only two flats remain to be formally transferred to their name. These apartments in the two-storey building were bought at nearly Rs 2.72 lakh per square foot, the report said. In another high-value transaction, the promoters of Metro Brands purchased a large apartment in the under-construction Palais Royale in Lower Parel for Rs 405 crore. The flat measures over 38,000 square feet. According to data analysed by real estate consultancy Anarock, a total of 59 ultra-luxury homes were sold in 2024, with an overall sales value of around Rs 4,063 crore. This marked a 17 per cent rise in the total value of such deals compared to the previous year. Mumbai led the market with 52 out of these 59 deals, accounting for 88 per cent of all ultra-luxury property sales. Of the 17 deals that crossed Rs 100 crore in 2024, 16 were in Mumbai and one in Delhi-NCR (Gurugram). According to Business Standard, Mumbai's transactions included 14 apartments in Worli, Malabar Hill and Pali Hill, and two bungalows in Cuffe Parade and JVPD. STORY CONTINUES BELOW THIS AD This is the costliest residential property transaction ever recorded in India. Reuters/File Photo Mumbai's luxury housing sees high demand from the pharma sector Mumbai has seen a sharp rise in big-ticket property purchases in recent months. Among the major deals, the Kabra family of RR Kabel bought two apartments at 360 West in Worli for nearly Rs 200 crore. The promoters of Metro Brands picked up a large flat at Palais Royale in Lower Parel for Rs 405 crore, with the unit measuring over 38,000 square feet. Similar high-value deals have taken place at Lodha Malabar and other luxury projects across South Mumbai. In April, the city recorded its highest number of property registrations, which maintains its position as India's priciest and most active real estate market. South and Central Mumbai, which host the country's most expensive homes, continue to draw industrialists, senior executives, celebrities and sports stars. These areas have led the latest wave of record-breaking transactions. So what's behind the growing interest from pharma industry leaders? Real estate experts told Hindustan Times that the post-Covid jump in wealth has made luxury homes a go-to choice for pharma promoters and executives. They see such properties as both a stable investment and a symbol of success. STORY CONTINUES BELOW THIS AD As per documents accessed by Zapkey, Vibha Shanghvi, wife of Sun Pharma chairman and managing director Dilip Shanghvi, bought two flats worth Rs 130 crore in Worli last year. The apartments are in the same project where Leena Gandhi Tewari recently purchased her duplex units. Sandeep Reddy, co-founder of Zapkey, told HT that pharma promoters are snapping up luxury trophy homes at prices that often exceed market norms. He added that a strong fear of missing out (Fomo) is playing a big role in driving these record buys.
Yahoo
28-05-2025
- Entertainment
- Yahoo
Trump Used 1 Particularly 'Gross' Term About Women During His Latest 'Nonsensical Ramble'
President Donald Trump recently inexplicably warned graduating cadets in a commencement address at the United States Military Academy at West Point about 'trophy wives' — a term that is 'toxic' and misogynistic, one gender studies expert said. While delivering his speech on Saturday, Trump spent some time sharing a story about late real estate developer William Levitt, who is widely considered to be the pioneer of the suburbs. The president described the developer, whose legacy includes his policy to only sell properties to white buyers, as a 'great, great real estate man' who at some point lost his 'momentum.' As Trump began to reference Levitt's eventual career downfall, he mentioned the developer's marital history, noting that Levitt sold his company and then 'had nothing to do' before he got divorced and then 'found a new wife.' 'Could you say a trophy wife? I guess we could say a trophy wife,' Trump said about Levitt's second marriage. 'It didn't work out too well. But it doesn't work out too well, I must tell you. A lot of trophy wives, it doesn't work out. But it made him happy for a little while at least. But he found a new wife.' Levitt was married three times — just like Trump. And the president's scandal-ridden history as a husband does not fit traditional or conventional views of a devoted family man. Trump then went on and talked about Levitt later feeling 'bored' with life, before the developer eventually 'lost a lot of momentum' in his career and 'lost everything.' He ended the tangent about Levitt by speaking directly to the cadets — seemingly as a way to impart wisdom — saying: 'You got to have momentum, but you have to know [when] that momentum is gone. You have to know when to say it's time to get out.' The term 'trophy wives,' which Trump used in his speech, is widely credited to Julie Connelly, an editor of Fortune Magazine. She used the term in an article in 1989 to describe a 'trophy wife' as a woman who works hard or 'has her own business.' The phrase has held different meanings, uses and interpretations over the years, and today, most people use it as a way to label an attractive woman who's married to a man who's very successful in his career. Kari J. Winter, a professor of American studies at the University at Buffalo, said the term 'succinctly captures a toxic set of misogynistic ideas.' 'It implies that financially successful men deserve to acquire beautiful, sexy wives in the same way that they can purchase expensive cars, watches and other commodities,' she said. 'It demeans women by reducing their value to patriarchal beauty standards, as if success for a woman means becoming a desirable object for a wealthy man. Gross.' Winter, whose expertise includes gender, feminism, race and class, told HuffPost that she believes Trump's 'word salad about trophy wives offers his personal experience as evidence for his assertion that 'a lot of trophy wives, it doesn't work out.'' 'Maybe the message West Point graduates should take away is this: Reject Trump's misogynistic pursuit of serial trophy wives,' she continued. 'Pursue genuine, egalitarian relationships based on mutual respect and love if you want your personal life to work out well.' 'Listeners need to be wary of imposing a coherent meaning on a nonsensical ramble,' Winter told HuffPost. 'It might be more illuminating to view the speech as a window into Trump's state of mind. Is he telling himself, 'You have to sometimes know when you've lost momentum?'' Aside from Trump's mention of the misogynistic idea of a 'trophy wife,' Winter thinks that Trump's speech and his rant about Levitt are overall 'embarrassing for the United States.' She pointed out that the purpose of commencement speeches is to acknowledge and honor the accomplishments of the graduates, and to offer words of wisdom and encouragement — not asides about trophy wives or losing momentum. She said that Trump's apparent implication that having a 'trophy wife' helped lead to Levitt losing his momentum was one of the 'many incoherent passages in his speech.' And the president's choice, overall, to highlight Levitt, who died in 1994, was 'strange.' It 'calls attention to Trump's advanced age and the way he is stuck in the past,' she said. 'As a teacher, I interact with hundreds of young people every year, and none of them dream of living in all-white, covenant-restricted, car-dependent suburbia any more than they want to live in apartheid South Africa,' Winter said. After all, 'affordable housing is one of the most urgent issues in the United States and around the world,' she continued, before later adding, 'Why is it that Trump keeps returning to the worst design ideas of the 20th century?' Trump Warns Of The Perils Of 'Trophy Wives' During West Point Commencement Speech Trump Takes Credit For U.S. Military Might In West Point Commencement Address Trump Brags About Shielding Putin, And It's Not Going Over Well On Social Media
