Word: exxon
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Several companies in need of engineers have started programs to help universities that train them. This week Motorola will announce a plan to donate $1.2 million to an Arizona State University engineering program. Exxon and Ford are also pumping money into engineering departments...
...companies. Only two years ago, when petroleum prices were spiraling, the oil giants posted quarterly profit gains of 100% or more Now that the recession and the worldwide oil glut have caused prices to start falling the gusher of petroprofits is over, at least temporarily. Exxon's first-quarter earnings dipped 23%, Mobil's were down 49% and Standard of California's dropped a sharp...
...ACSR also split last night on a pair of proposals that ask Exxon and Atlantic Richfield (ARCO) to issue report on their activities Chile Harvard owns about $28 million in Exxon and about $34 million in Atlantic Richfield, according to the University's most recent financial report...
...same time, the advisory committee rejected a similar proposal for Exxon because the company has proved "very willing to supply the information" requested to all interested parties, Corvey said...
...time of skyrocketing interest rates. Last year Arco spent more than $73 million to administer its credit-card accounts. Texaco, which has also been plagued by rising credit-card costs, last November started levying a 3% sales surcharge on dealers who accept the Texaco cards for payment. Exxon has launched tests in selected areas to see if a 40-per-gal. discount will reduce credit-card use. The company is now considering introducing the plan nationwide...