exxon
—>Exxon made $11.68 billion in the second quarter, says the AP, which is "the biggest profit from operations ever by any U.S. corporation," but that wasn't quite enough to please investors, who were disappointed. More »
—>Here's another tip for our Make the Most of Unemployment guide: if you're going to get fired, be a CEO. HR World has rounded up 15 of the most shocking golden parachutes given out by big corporations to their departing leaders. Some of our favorites, inside. More »
The bracket has been updated as we prepare for Round 4 of our Worst Company In America contest. See the full-sized graphic, suitable for framing or forming the basis of informal office betting pools, inside... More »
—>Here's your first "Elite 8" match-up: #1 Comcast VS #9 Exxon. Only a few more rounds to go! More »
This is Round 35 in our Worst Company in America contest, Exxon vs United Airlines.
—>Exxon Valdez crash spilled 11 million gallons of oil into Alaskan waters. Recently Exxon petitioned to have the $2.5 billion in punitive damages reduced because it thought they were excessive. Exxon was also sued in lawsuit claiming their Indonesian subsidiary allowed their facilities to be used by the Indonesian government to torture 11 villagers. More »
—> The Supreme Court is currently considering whether to halve the punitive damages levied against Exxon for its massive 1989 oil spill from the Exxon Valdez tanker, from the current $2.5 billion to something more like $1 billion. Exxon claims the higher number amounts to excessive punishment. According to the New York Times, the decision may come down to a tie with four justices on either side; Justice Alito is not participating because he owns Exxon Mobile stock. The Exxon Valdez disaster "caused a 3,000-square-mile oil slick and still affects Alaska's fisheries after nearly 19 years." More »
—>We're down to the Final Four gladiators to determine the Worst Company in America. Or at least, which company this year most offends the netizen's liberal sensibilities More »
Know this An Inconvenient Truth parody? If you've been on YouTube any time in the last 48 hours, very probably. Perhaps you were even one of the knee-jerk reactionaries who left a comment either praising ("Finally sockin' it to those hippy pansies in the taint!") or condemning it ("Wow, was that ever unfunny. Unlike that giant flap of skin on the neck of the guy who runs Exxon.") More »
—>As quarterly earnings rolled in yesterday, Exxon announced it earned $8 billion in profits. The oil company earned 9.5 cents per dollar of gas, "cashing in on skyrocketing prices at every stage of the process," reports MSNBC. More »
