The United States is the world's largest and most diverse economy. It has a large and well-established private sector, which comprises about 80% of the country's GDP. The U.S. economy also includes one of the world's largest public sectors, comprising federal, state and local governments; their combined budgets account for about 25% of the country's GDP each year.
1. Apple
Apple is an American multinational technology company & its headquarter is in Cupertino, California. It designs and sells consumer electronics, computer software and personal computers. Apple's signature products include the iPhone smartphone, iPad tablet computer, Mac personal computers and iPod portable media players.
Apple was founded by Steve Jobs and Steve Wozniak on April 1, 1976 to develop and sell personal computers. Its headquarters are located in Cupertino, California, with offices throughout the world. Apple operates 50 retail stores in the United States that collectively sold $6 billion worth of merchandise during their 2017 fiscal year ending September 30th 2017 (the previous year was $5 billion).
2. Exxon Mobile
ExxonMobil is an American multinational oil and gas corporation. The company was formed on November 30, 1999, by the merger of Exxon and Mobil. It is headquartered in Irving, Texas. ExxonMobil is the largest direct descendant of John D. Rockefeller's Standard Oil Company and one of the world's largest companies by revenue (2015),
3. Berkshire Hathaway
Berkshire Hathaway is an investment holding company, which means that it invests in other companies. The company owns dozens of businesses in a variety of industries, including insurance and utilities. Berkshire Hathaway was founded by Warren Buffett, who serves as chairman and CEO; he has been joined by his son Howard in the role of non-executive chairman since 2011. The company has grown to become one of the largest conglomerates on earth; as of 2018 it was valued at over $500 billion!
4. McKesson
McKesson is a pharmaceuticals and health care services company that operates in the United States, Europe, Canada, Latin America and Asia.
The company was founded in 1833 as a bookseller by John McKesson and James Robinson Stuart in New York City at 19 Broadway. The original name of the company was A. R. Stuart & Company, which began to distribute drugs in 1849 after one of its partners died. In 1980 it changed its name from American Drug Stores to McKesson Corporation; it is currently headquartered at One Post Street in San Francisco, California. It also has operations in Europe, Canada and Latin America.
McKesson serves approximately seven million managed care customers through a network of 60 distribution facilities, throughout North America. With over 36 thousand employees, it ranks among Fortune 500 companies.
5. United Health Group
United Health Group is an American health care company based in Minnetonka, Minnesota. It is the largest single health insurer in the United States, and a Fortune 50 company. The corporation provides medical coverage to over 85 million Americans through its subsidiaries, which include:
➤ UnitedHealthcare - A Medicare Advantage HMO plan for seniors.
➤ Golden Rule Insurance Company - An insurance provider for individuals and families.
➤ Ameri Group - A PPO plan for small businesses with fewer than 100 employees.
Molina Healthcare Inc (NYSE: MOH) - A Medicaid managed care provider serving people with low incomes or disabilities who are eligible for Medicare Part B benefits or Medicaid coverage in Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine ,Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North, Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah Virginia, Washington, West Virginia, Wisconsin, Wyoming.
6. CVS Health
CVS Health is a pharmacy and health care company in the United States. It is the largest retail pharmacy in the United States, operating 9,700 stores. CVS Health also owns the pharmacy benefit manager Caremark.
In April 2006, CVS became an integrated healthcare system with its acquisition of Caremark International Inc., which it had previously acquired half of as Caremark Rx Inc.. As part of this deal, it acquired all rights to the Longs Drug Stores name and logo for $2.5 billion from 7-Eleven.[6]
7. General Motors
General Motors (GM) is a multinational corporation, which designs, manufactures, markets and distributes vehicles and vehicle parts, and sells financial services.
It is the world's largest automaker based on sales.
8. Ford Motor
Ford Motor Company is an American multinational automaker company & its headquarter is in Dearborn, Michigan. It's founder is Henry Ford it is incorporated in June 16,1903. This company is selling automobiles and commercial vehicles with Ford brand & Luxury cars with Lincoln brand. Ford also owns Brazilian SUV manufacturer Toller, an 8% stake in Aston Martin of the United Kingdom, and a 49% stake in Jiangling Motors Group (JMC) of China. It also has joint-ventures (Chandan Ford Automobile Company and Jiangling Motors Corporation) that manufacture Chinese-market Fords for local sales; both ventures are 50%-owned by Ford. In addition to its core automotive business model, Ford also owns taxi companies outside North America, operates in film production, builds helicopters, designs clothing lines such as Team Estrogens' apparel for women; runs American football team Detroit Lions through subsidiary Team Enterprises LLC. sponsors many events through subsidiary Events & Experiences LLC (which also owns MLB baseball team Chicago Cubs), operates air travel hub called Aeropark at John Wayne Airport near Los Angeles International Airport which includes flight school called Western International Aviation Academy (WIAA), manufactures racing engines under subsidiary Roush Yates Engines, produces award-winning military drones through subsidiary UAV Solutions LLC, produces armored vehicles under subsidiary Argo Defense Systems LLC, manufactures military trucks under subsidiary Utile master Corporation, builds military transport ship carriers under subsidiary Newport News Shipbuilding Company, builds hovercraft boats designed by Bombardier Recreational Products Inc..
9. AT&T
AT&T is an American multinational conglomerate holding company & its headquarter is at downtown Dallas, Texas. AT&T is the world's largest telecommunications company, and also has the second-largest number of wireless subscribers.
AT&T Inc. traces its roots to the original Bell Telephone Company founded by Alexander Graham Bell in 1880. The company began as a telephone service provider until it bought out Cingular Wireless in 2004 for $41 billion to create what was then the largest mobile phone carrier in North America. In 2005, AT&T acquired two more cellular companies, Dobson Cellular Services and Centennial Wireless ..
10. General Electric
General Electric (GE) is an American multinational conglomerate corporation incorporated in New York and headquartered in Boston, Massachusetts. It is one of the world's largest investors in aerospace, transportation, energy, healthcare, media, and digital industries.
The company operates through four segments: Energy Infrastructure, Aviation, Healthcare and Lighting & Current. The Energy Infrastructure segment provides power generation technologies such as wind turbines and gas turbines for electricity production. The Aviation segment includes jet engines and turboprop engines for both commercial aircrafts as well as regional jets and turboprop planes for regional airliners. The Healthcare segment offers medical imaging devices such as magnetic resonance imaging (MRI) scanners or positron emission tomography (PET) scanners that produce sharper images for medical diagnosis purposes. Lastly, the Lighting & Current portion provides lighting products such as light bulbs or lamps that provide illumination to indoor spaces such as homes or offices.
These are the 10 best business in USA. They have been ranked based on the revenue they generate annually, their profits and market capitalization. This list does not include financial institutions like banks or insurance companies because those businesses have not been included for their ranking.
0 Comments