Word: exxonmobils
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...Aside from the questionable use of the word "artificial" when it comes to companies selling their own products, Levin has a point - corporate names like BP-Amoco, ChevronTexaco and ExxonMobil demonstrate well enough the industry's recent wave of consolidation. But as Levin targets the brief but headline-making pump-price spikes of spring 2000 and summer 2001 and calls for antitrust action against the industry, he forgets how the got on this merger kick in the first place: the rock-bottom oil prices of 1999. Disappearing profits induced Exxon and Mobil to join forces in search of a vertically...
There's nothing illegal in setting up an offshore account. There's also little point in doing it, unless you're like ExxonMobil and doing a ton of business overseas. "We routinely advise individuals against going offshore," says Peter Glicklich, an international-tax-law expert at Roberts & Holland in New York City. Moving offshore can actually shift some categories of income to your disadvantage: turning a capital gain into ordinary income, for instance, and getting taxed at a higher rate. If you fail to report an offshore account on your taxes, you face a penalty of 75% of the underpaid...
...Breaux to Lieberman, is as dirty as the air in Houston, which wouldn't be all that surprising. But if you're Kenneth Lay, you've probably put away your political checkbook for a while, maybe for good, and if you're Microsoft or Comcast or ExxonMobil you might be wondering if those guys in Washington are worth the money if they can't help you out when you need it the most...
...Worst Move Indonesian soldiers, paid by oil giant ExxonMobil to protect its facility in Aceh from the local rebel army, stand accused of torturing and killing villagers, hundreds of whom have filed complaints with human rights groups. The response from ExxonMobil execs about the behavior of the troops on their payroll? Nothing we can do about it. Whatever happened to spin control...
...every gallon of gas you buy, ExxonMobil will contribute up to 4¢ to your Upromise account. GM rebates $150 for college if you buy or lease one of its vehicles. Want to refinance your mortgage? Countrywide Home Loans will contribute 0.2% of your loan amount to the college account. Century 21, Coldwell Banker and ERA will give back 0.5% on the purchase or sale price of a home. Use a credit card you've registered with Upromise at any of 7,000 restaurants, and get 10% back as college savings. Live in New England? If you shop...