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News Flash: Exxon Reported Its Best Quarterly Profit in History

  • Exxon Mobil reported its best quarterly profit in history, but investors sold off shares in morning trading after expecting even higher earnings because of soaring oil and natural gas prices. — New York Times
  • MasterCard Inc., the world's second largest credit-card company, suffered the biggest decline in New York trading since it went public in May 2006 as personnel expenses exceeded analysts' estimates. — Bloomberg
  • Have you ever wondered what would happen if you responded to one of those Nigerian scam emails, offering millions of dollars in exchange for moving a little money around or writing a small check? A college student who fell for it shares his story. — Consumerist
  • Self-educator activist Josh Kaufman thinks you can skip business school (and the $100,000 loans) and earn a "Personal MBA" by reading the best books in business. He offers 77 of his picks to get you started. — Lifehacker

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tee0206 tee0206 8 years
Hmm, not a big fan of Exxon's profits.
stephley stephley 8 years
Amazingly enough, an attorney I know responded to one of those internet scams - fortunately, the day after he sent a check a colleague learned of it and they were able to stop the transaction before things got too messy.
pinky23 pinky23 8 years
wow - it's quite saddening to see that exxon is profiting at ridiculous margins while millions of people (myself included!) are suffering with equally ridiculous gas prices. i might start to admire exxon if they used some of those profits to develop an excellent alternative fuel system (i know that they can!) -- but i guess that's not what the point of capitalism. :(
Jude-C Jude-C 8 years
There's a whole website dedicated to the stories of people who purposely messed with the Nigerian scammers...I wish I could remember the website address. It's hilarious!
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