News money 2008-08-01 Andanh.com

ExxonMobil's 2Q profit sets U.S. record Fri, 01 Aug 2008 00:18:00 EST
The world's largest publicly traded oil company said net income for the April-June period came to $2.22 a share, up from $10.26 billion, or $1.83 a share, a year ago.

Shreveport fares well in national tax study Fri, 01 Aug 2008 00:27:00 EST
Shreveport fares well in terms of having a cost-competitive tax structure against cities of similar size, according to a study released this week by KPMG International.

Wall Street slides on jobless, GDP data Fri, 01 Aug 2008 01:09:00 EST
Thursday's stock market pullback follows bets investors made this week that the beaten-down financial sector would rebound and the Labor Department's employment report today would show a less gloomy jobs market.

Shorter work week sounds good, if it works Fri, 01 Aug 2008 01:00:00 EST
Many public and private employers are warming up to the idea of a four-day workweek.

Oil falls to almost $124 on dour U.S. economic data Fri, 01 Aug 2008 01:03:00 EST
NEW YORK — Oil prices pulled back Thursday, wiping out some gains from the previous day's $4 a barrel rally, as traders bet that a cooling U.S. economy will continue to eat into U.S. demand for fuel.

Rebates helped economy some in second quarter Fri, 01 Aug 2008 01:10:00 EST
WASHINGTON — The prospects for a quick economic recovery dimmed Thursday, with new data showing the economy grew at a slower-than-expected rate this spring despite some oomph from tax rebate checks — and actually shrank late last year.

Buzz on Business: Panel to discuss energy emergency Fri, 01 Aug 2008 01:11:00 EST
The Louisiana Public Service Commission has called a special "energy emergency" meeting for 10:30 a.m. Aug. 12, in the Natchez room of the Galvez Building, located at 602 N. Fifth St. in Baton Rouge.

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