Energy profits skew US growth says House subcommittee
A House Energy and Commerce subcommittee report finds 98 percent of Fortune 500 profit increases from 1978 to 1980 went to 56 energy related firms and 82 oil and gas companies captured 96 percent of net income rise. The shift, if inflation adjusted, implies real profits fell for non energy firms.
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House Energy and Commerce Investigations Subcommittee
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American Petroleum Institute
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James Bond star Connery defeats ex accountant in High Court
British High Court dismisses Kenneth Richards claim for 2 percent of Connery earnings from 13 films including Coldfinger and Thunderball. Richards withdrew after 342 days of cross examination. Judge Talbot called the case wholly meritless and Connery’s legal costs exceed 190000 dollars.
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