Exxon, one of the world’s leading oil producers, posted a huge loss Thursday, with its revenues dropping to $3.95 billion from $11.68. The main reason for the loss was the worldwide bottoming of oil prices, leading many analysts to read these numbers as another sign of the necessary shift towards sustainable fuels.
Exxon’s chairman and chief [...]
Filed under: Business, News on July 30th, 2009 @ 2:06 pm
Tagged with: costs, economy, Exxon, global, innovative, jobs, NY Times, Oil prices, OPEC, opportunities, production, profits, Rex W. Tillerson, strategies
Known as the leading manufacturer of computer chips, it was only a matter of time before Intel set its sights on the mobile technology industry.
With China’s plans to spend billions on healthcare reform, a great deal of financial resources have been set aside to go into technological upgrades.