Friday, July 28, 2006

Is Exxon Worth $3.00 a Gallon?

Exxon reported a profit of $10.36 billion for the second three months of the year, or $1.72 per share, up from $7.64 billion, or $1.20 per share, a year ago. Analysts polled by Reuters Estimates forecast a second-quarter profit of $1.64 per share.

The earnings were shy of Exxon's own record quarterly profit of $10.71 billion in the fourth quarter of 2005.

Putting it into perspective, Exxon earned $114 million per day in the second quarter. That's $79,000 per minute or $1,300 per second.

Sunday, July 23, 2006

Lance Who??

American Floyd Landis was crowned Tour de France champion after Sunday's parade on the Champs-Elysees ended in a sprint won by Norway's Thor Hushovd. Landis sealed his victory having finished third in Saturday's time trial, beating his closest rivals to succeed compatriot Lance Armstrong in the race's roll of honor.

Landis, who will undergo hip surgery within the next two months, said: "My next goal is to come back here. Yes, that's the plan."

Friday, July 14, 2006

Bikini is 60

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The must-have of every woman's summer wardrobe has just turned 60 -- and it has never looked so young and hip, or been as popular. It was not always so.

Invented by French automotive engineer Louis Reard, the swimsuit that took its name from the site of a nuclear test was a big bomb at first, though it eventually became the navel-bearing fashion that launched the careers of Ursula Andress, Bo Derek and Melanie Griffith.

But in 1946, even fashionable, daring Paris was shocked when Reard brought out a range of two-piece swimsuits.

"My bikini is smaller than the smallest swimsuit," he proudly declared.

Reard named his line after the Pacific atoll where the U.S. had just carried out its first peacetime nuclear test, figuring he'd set off a nuclear-sized buzz. Nude dancer Micheline Bernardini became the fashion's first model.

Elisha Cuthbert looking good in her bikini.

Monday, July 10, 2006

Who Needs Snow?

Ski Resorts Get Creative to Fill the Summer Slopes.

Ryan Locher, who has the enviable title of "mountain manager" at Virginia's Bryce Resort, was in Italy for an international grass-skiing championship when he saw pictures of a coming attraction: a snow-tubing ride that required no snow. Instead, the Italian system replaces the cold stuff with a long chute of molded plastic that is draped down a mountainside. Riders are pulled up the mountain in inner tubes by the same tow used for snow tubing, but once they get to the top, they barrel down the chute's fake grass.

"I gotta have a few of those," Locher thought. Last year, three of them arrived at Bryce -- the first ever in the United States, so far as Locher knows. Then the mountain manager at nearby Massanutten Resort got a look at them, and late this spring, they arrived on Massanutten Mountain.

It's all part of the never-ending quest -- from tubing on plastic to lifts that carry mountain bikes -- to bring you to area ski resorts long before, and long after, the ski season.

"The ski resort business is changing," explains Deanna Painter, a spokeswoman for Pennsylvania's Liberty Mountain Resort. "It's very costly to have a lot of land and a big facility, and there has to be a way to attract people all year long."

Thus the inventions: skiing on grass with tank treads attached to your boots; tobogganing on wheeled sleds; zooming down the mountain on a device that's a cross between a snowboard and in-line skates. And now, the latest, tubing down the mountain.

One of the off-season offerings at area ski resorts with summer lodging rates, is Massanutten Resort (1822 Resort Dr., Massanutten, Va., about 130 miles from Washington, 540-289-9441, Massanutten Resort holds numerous special events. Two 18-hole golf courses and a water park are the biggest and most obvious attractions. The resort also arranges rafting and tubing trips on a nearby river, and has a miniature golf course; tennis, basketball and volleyball courts; a skate park; chairlift rides; and horseback riding.

A wide range of classes is offered, including arts and crafts, yoga, couples massage and a healing herbs workshop. The mountain tubing ride is open only during the week. Double rooms begin at $96 a night. Condominiums are also available.

Another is Bryce Resort (1982 Fairway Dr., Basye, Va., about 115 miles from Washington, 800-821-1444, Bryce Resort offers swimming, boating and fishing on a 45-acre private lake and is a center for grass skiing -- you wear regular ski boots and use regular poles but attach something similar to tank treads to your boots.

Ski slopes are also used off-season for mountain boarding -- a cross between snowboarding and skateboarding -- and the resort claims to have the first mountain tubing park in the United States. (One of the tubing slides has banked curves, making a more exciting ride than a straight path down the slope.)

Among numerous other outdoor adventures: horseback riding, miniature golf, tennis and summer sports camps. Condos, townhouses and chalets are rented for a minimum of two nights by private agencies listed at the Bryce Web site and begin at $210 for two nights. ...Read more here

Thursday, July 06, 2006

What Cola Wars

Coca-Cola and Pepsi are usually bitter enemies, but when PepsiCo Inc. got a letter offering to sell Coke trade secrets, it went straight to its corporate rival.

Six weeks later, three people face federal charges of stealing confidential information, including a sample of a new drink, from The Coca-Cola Co. and trying to sell it to PepsiCo Inc.

“Competition can sometimes be fierce, but also must be fair and legal,” Pepsi spokesman Dave DeCecco said. “We’re pleased the authorities and the FBI have identified the people responsible for this.”

Coke thanked Pepsi for its assistance. ...Read more here