Amazon Overtakes Walmart as the Biggest U.S. Company by Revenue

单集文稿 ...

• 00:03

  Walmart loses its crown as the biggest U.S.

• 00:06

  company by revenue.

• 00:07

  Plus, U.S.

• 00:08

  imports hit a record last year, despite President Trump's tariffs.

• 00:12

  And who's got beef?

• 00:14

  Higher prices for burgers and steaks may be here to stay.

• 00:17

  Ranchers are just, they're really enjoying these good times.

• 00:20

  They've historically always struggled to make profits, and now they're really making money,

• 00:23

  and a lot of them have decided that they're going to hold on to it.

• 00:26

  And there's not a lot of signs of significant herd rebuilding.

• 00:29

  So that creates an environment where beef is just the premier luxury protein.

• 00:34

  It's Thursday, February 19th.

• 00:36

  I'm Alex Oselev for The Wall Street Journal.

• 00:39

  This is the PM edition of What's News,

• 00:41

  the top headlines and business stories that move the world today.

• 00:48

  A new report from the Commerce Department out today shows that the nation's trade deficit,

• 00:53

  the gap between imports and exports, was just over $900 billion last year.

• 00:57

  That's only slightly smaller than in 2024,

• 01:00

  despite big tariffs from the Trump administration that aimed at closing trade gaps.

• 01:05

  US imports last year rose 5% and hit a record,

• 全部文稿