Exxon CEO warns against ending tax breaks
Exxon Mobil CEO Rex W. Tillerson warns Democrats plan to repeal oil industry tax breaks could send a bad global signal and deter new investment. He notes Exxon earns two thirds of profits abroad, where exploration expands, and urges maintaining stable regulatory frameworks while acknowledging wind and solar will not replace oil soon.
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Exxon Mobil
Rex W. Tillerson
Exxon Mobil Corp
Tillerson
Boston College Chief Executives’ Club
Irving
United States
Africa
Middle East
Russia
USS
Exxon Ventures
House Democrats
Stocks drift after mixed economic data and oil gains
Wall Street closed barely changed as energy shares led amid rising crude prices while weak manufacturing data and Wal Mart’s dim December forecast capped gains. The Dow slipped 4.80 to 12,221.93 as the S&P 500 rose to 1,400.65 and the Nasdaq fell to 2,431.77. Bond yields cooled and the dollar weakened, with a stronger British pound as Germany’s jobless total fell below four million for the first time since 2002.
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NYSE
Amex
S&p
Russell
Wilshire
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CPI Aero
Halifax
Emcore
Metrogas
Allische
Caribouc
Cee
Arized
WirRonian
FstFinFd
Overhillf
HiterTech
HancFab
RegeneRx
Odyssyr
Lucent
Siriuss
Pfizer
Microsoft
EMC Cp
DJIA
QwestCm
Cisco
Alcatel
Oracle
Time Warn
Yamanag
IAC Intel
ExxonMbl
Crystallx G
At&t Inc
iSh Eafe
Applec If
Texas redistricting reshaped power after Perry led session
The 2004 redistricting map passed in a tense political standoff. Gov. Perry, Lt. Gov. Dewhurst, and Sen. Cornyn backed the plan after 45 days of stalemate. In the House 76 supported the bill, led by Republicans, while 17 Senate Republicans joined them against 2 Republicans and all 12 Democrats opposed. The map shifted seats and seniority, signaling a rout for Democrats in Congress and setting up future chairmanships and retirements.
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New Mexico
John Whitmire
Houston
Gov. Perry
House
Texas
Martin Frost
Dallas
Charles Stenholm
Abilene
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