Latest Jim Fuquay Stories

2008-07-31 21:00:33

By Jim Fuquay, Fort Worth Star-Telegram, Texas Jul. 31--Record crude oil prices pushed Exxon Mobil Corp.'s second-quarter earnings to a record as well, with the Irving-based company reporting $11.7 billion in net income. That included an after-tax charge of $290 million to account for the Supreme Court's recent ruling that put a $508 million cap on punitive damages for the company's 1989 Alaska oil spill. Earnings amounted to $2.22 per share, short of Wall Street expectations of $2.52,...

Word of the Day
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.