Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. Money transfer is a matter of minutes, at any distance. In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company.