Corrupting Influence Of Oil Money - Political Opinion

The world has never looked better for the Big Five oil companies. This morning, Exxon Mobil, the world’s largest oil company, announced its “second-quarter profit rose 14 percent, to $11.68 billion, the highest-ever profit by an American company. Exxon broke its own record.” Read more

Foreign Sales By U.S. Companies Continue to Rise

Standard & Poor’s, the world’s leading index provider, announced today that for fiscal year 2007, S&P 500 companies with full reporting information posted 45.8% of their sales from outside of the United States versus 43.6% in 2006. The data is based upon 251 companies within the S&P 500 that have full reporting information. Read more

British Airways Enters Merger Talks with Spanish Airline Iberia

United Kingdom flag carrier British Airways has entered merger talks with Spanish airline Iberia Lineas Aereas de Espana SA. BA is already Europe’s third-largest airline. The proposed all-share merger of BA and Iberia, meanwhile, is approved by the boards of both companies. Read more

Britain’s Missing Top Model Star, Kellie Moody Signed As Siemens Next Top Model

Britain’s Missing Top Model star, Kellie Moody has been signed up by Siemens Hearing Instruments UK, to promote its products and front campaigns. Former Miss Deaf UK, Kellie Moody starred in the hit BBC Three series Britain’s Missing Top Model and highlighted several issues surrounding awareness of hearing loss. Viewers saw Kellie leaving the show on July 22nd after narrowly missing out on the final. Read more

House Prices Fall Record 15.8 Percent in May

A widely-watched home price index released Tuesday morning found continuing record home price declines in key metropolitan markets during May, as the nation’s housing markets continued to feel the effects of a historic market correction that will likely drag on for a few more years. Read more

New Lie-Flat BusinessFirst Seat Unveiled By Continental

Continental Airlines today announced details of a new 180-degree lie-flat seat for the BusinessFirst cabin on its Boeing 787, 777 and 757 aircraft. Customers will begin seeing lie-flats seats on Boeing 777 aircraft that primarily serve trans-Atlantic and trans-Pacific routes in the fall of 2009, with installation on Continental’s 757-200 fleet beginning in 2010 and on its Boeing 787 fleet as the aircraft are delivered to Continental. Read more

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