Tag: net income

17,000 jobs lost in January. Wow: The economy lost 17,000 jobs in January, the Labor Department reported on Friday, an unexpected decline that marks the most striking evidence yet that the United States may be slipping into a recession. But don’t let that bad news get you down. Exxon has set another record profit year: […]

The Boston Herald reports today that Exxon is expected to make more than $10 billion in profits for this quarter. Kind of nice for a company that has not felt the crunch of Hurricane Katrina like all other Americans are. Oil companies came under new fire yesterday when it emerged that ExxonMobil’s profits are likely […]