Exxon Mobil posts record quarterly profit in Q2 2008
Exxon Mobil reported 11.68 billion dollars in net income for the April to June period, a record for any U.S. corporation, with revenue reaching 138.1 billion. Excluding a 290 million after tax charge, earnings were 11.97 billion or 2.27 per share, below Wall Street expectations of 2.52. Shares fell about 3 percent.
MENTIONED IN THIS ARTICLE
Houston
Exxon Mobil Corp
U.S
Wall Street
Exxon Valdez
Exxon Mobil
Thomson Financial
Europe
Royal Dutch Shell
Exxon
United Airlines
UAL Corp
Air
Rebates Buoy Yet Slow 2Q Economic Growth
Economic data show the second quarter growth slower than expected despite tax rebate checks providing some support. The period also features evidence of contraction late last year, drawing calls from Democrats for a new stimulus package while the Bush administration argues the rebates helped.
MENTIONED IN THIS ARTICLE
Ashington
Bush
States face tough choices as budget crisis deepens
The article surveys states grappling with steep deficits as Schwarzenegger lays off up to 22 600 workers while New York considers leasing the Brooklyn Bridge and Maryland eyes slot machines. Nevada uses rainy day funds amid a housing downturn and a broad revenue collapse prompts tax rises, program cuts, asset sales, and borrowing.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
Arnold Schwarzenegger
New York
Brooklyn Bridge
Nevada
Maryland
U.S
Nevada Assembly
Barbara
Bush asserts Iraq security gains have durability
President Bush for the first time says security improvements in Iraq have a degree of durability, signaling potential further U.S. troop reductions. Defense Secretary Gates adds security has improved dramatically and hints at possible future cuts, awaiting guidance from the soon to depart military commander in Iraq.
MENTIONED IN THIS ARTICLE
Bush
Iraq
Washington
U.S
Defense
Robert Gates
Pentagon
Mass lets out-of-state gay couples wed in Massachusetts
Joy B Spring and Carla Barbano prepared for their Provincetown ceremony after Gov. Patrick signed a repeal of the 1913 ban that blocked out-of-state gay marriages. Loring, from Middletown, N.Y., and Barbano will wed as opponents say the repeal brings fairness and economic benefits, with over 30,900 expected to marry in the state, mainly from New York.
MENTIONED IN THIS ARTICLE
Mass
OSTON
Joy B Spring
Carla Barbano
Deval Patrick
Massachusetts
Loring
Middletown
N.Y
Barbano
Provincetown
New York
Eight plus killed in Minnesota jet crash near Owatonna
A Raytheon Hawker 800 crashed in thunderstorms near a regional airport about 60 miles south of Minneapolis. At least eight were killed, including Revel Entertainment and Tishman Construction executives bound for a glass manufacturing meeting in Minnesota. Investigators seek unaccounted passenger as seven died at the scene and one died later.
MENTIONED IN THIS ARTICLE
Owatonna
Minn
Minnesota
Gary Ringhofer
Raytheon
Twin Cities
Atlantic City
Scott Evans
Associated Press
Revel Entertainment
Tishman Construction
Astronaut tech aims to help elderly avoid falls
Boston AP report describes an iShoe insole with balance sensors to detect deterioration before a fall. Developed by Erez Lieberman at NASA during a Harvard MIT program, the device seeks early medical intervention, addressing hip fracture risks among 50 plus patients and guiding specialists before incidents occur.
MENTIONED IN THIS ARTICLE
Boston
Erez Lieberman
NASA
Also Mentioned on This Page
Stas’ General Fund
Arizona
California
Hoode Island
Alabar
Julian del Real
Air National Guard
Bravo 7
McLeod
Briceburg
Revel
Kevin DeSanctis
Bud Perrone
Tishman
Karen Sandland
Newark, N.J
Sandland
Lauren Avellino Turton
Con
Lieberman
Harvard-Massachusetts Institute of Technology Health Science and Technologys
Gram
National Osteoporosis Foundation
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