Exxon Mobil Corp Announces 1Q 2006 Results

$4.8 billion spent on capital and exploration projects.

Exxon Mobil Corporation (NYSE:XOM) today reported first quarter 2006 results. Net income of $8,400 million ($1.37 per share), increased $540 million from the first quarter of 2005. First quarter 2005 net income included a positive special item of $460 million from the sale of ExxonMobil's interest in Sinopec. Excluding this impact, first quarter 2006 earnings increased by $1,000 million. Read More


Time for a Zollar Raise?

William D Zollars has been CEO of YRC Worldwide for 6 years. Mr. Zollars has been with the company for 10 years. His compensation has been $13.6 million topped only by Michael J Ward CEO of CSX in the transportation sector.

Michael J Ward has been CEO of CSX for 3 years. Mr. Ward has been with the company for 29 years. The 55 year old executive ranks 1st within the Transportation sector of CEO's. Is zollars due a raise?

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William D Zollars, CEO Of YRC Worldwide


Hoffa Testifies Before Homeland Security

(Washington, D.C.) – International Brotherhood of Teamsters General President James P. Hoffa testified today before the United States Senate Committee on Homeland Security and Government Affairs and urged Senators to improve security at America’s ports.

“Let me start by telling you what the Teamsters believe,” Hoffa stated. “We believe that American ports should be run by Americans. We believe port security should be managed by Americans. We believe, as it stands now, America’s ports are dangerously vulnerable. And we believe something can and should be done about it.” Read More