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...pain at the pump has put Big Oil in the profiteering spotlight again, albeit with an Internet twist. At least one widely distributed chain e-mail encourages readers to boycott stations operated by ExxonMobil, the largest gasoline retailer in the U.S. Exxon's profits roared 44% higher in the first quarter, to $5 billion, on fattened profit margins. The 27 largest energy firms in the U.S. earned $14.1 billion in the fourth quarter of 2000--more than double their profits in the same period a year earlier, reports the Energy Information Agency. Of course, there were no complaints while Exxon...

Author: /time Magazine | Title: Power Struggle | 5/21/2001 | See Source »

...pain at the pump has put Big Oil in the profiteering spotlight again, albeit with an Internet twist. At least one widely distributed chain e-mail encourages readers to boycott stations operated by ExxonMobil, the largest gasoline retailer in the U.S. Exxon's profits roared 44% higher in the first quarter, to $5 billion, on fattened profit margins. The 27 largest energy firms in the U.S. earned $14.1 billion in the fourth quarter of 2000--more than double their profits in the same period a year earlier, reports the Energy Information Agency. Of course, there were no complaints while Exxon...

Author: /time Magazine | Title: Power Struggle | 5/14/2001 | See Source »

...know (or don't know) about future business activity. When times are good, companies book orders at a fairly predictable rate and can easily project sales and earnings for the next few quarters. That's visibility. When times are tough, companies may still book orders at a predictable, albeit slower, pace. They still have visibility; it's just not a pretty picture. Either way, execs relay what they see to investors, creating a comfort zone that keeps the stock from gyrating--even when it falls...

Author: /time Magazine | Title: Zero Visibility | 5/14/2001 | See Source »

...Summers got the job in the end. And although his background is in social science--albeit a kind of social science heavy on mathematics--both former colleagues and people within the Harvard faculty and administration stress that Summers can and should focus much of his attention on promoting scientific research...

Author: By Jonathan H. Esensten, CRIMSON STAFF WRITER | Title: For Summers, Science is Key | 5/11/2001 | See Source »

...concludes that this development merits investigation. I take a look at some of the other readings coming in and also notice a slight increase in the oxygen supply to my brain. This increase in turn bumps of the efficiency of the whole system and I slowly start thinking again (albeit at a low level). Finally the visual cognition comes in with a signal and I can confirm decisively that I have crested the hill...

Author: /time Magazine | Title: The Fool on the Hill | 5/10/2001 | See Source »

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