Chevrons earnings dropped 90 from a year ago. Exxons earnings were cut in half. And these two dow components saw their stock prices take a hit. Chevron was off nearly 5 . Exxon sank 4. 5 . And today crude prices continued their tumble settling down nearly 3 to 47. 12. The commodity is now down 21 this month. Its worst month since october of 2008. And that was the heart of the financial crisis. Jackie deangelis has more now on the pain in the oil patch. Reporter when big oil speaks, investors listen. What was said today was not encouraging. Exxon mobil reporting its worst quarterly profit in nearly 13 years. And chevron seeing its profits plunge triggered by impairments and charges, based on lower oil prices. Exxon noted that higher profit in refining couldnt offset losses in its upstream businesses. Thats the exploration and production side of things. Exxon making a move to conserve cash confined to the market but it doesnt expect to see a quick rebound in crude prices. The Company Pla
Thing for these guys. The last year when we were wrapping up the summit and we were talking, kind of saying jeez how well that went and doing selfcongratulations. We got serious. And said to ourselves what do we need to do better . And we will ask you later after we wrap up to dwif us your feed back for this year. Last year we were going through that, a cup of things were apparent to us quite quickly. One was as tish likes to remind me, we need to always be thinking about diversity on the panel. And well continue to do better on that. The second thing that we thought about was you know, this intelligence business is increaseingly an international business. And so we knew we wanted to do something that brought an International Flavor to the summit. This year. I wont preach, but the business of intelligence is no longer about just secrets. Its a Global Business now. And no nation can maintain the Global Awareness that they want in the Information Age without corporation. We gt a got a go
The last year when we were wrapping up the summit and we were talking, kind of saying jeez how well that went and doing selfcongratulations. We got serious. And said to ourselves what do we need to do better . And we will ask you later after we wrap up to dwif us your feed back for this year. Last year we were going through that, a cup of things were apparent to us quite quickly. One was as tish likes to remind me, we need to always be thinking about diversity on the panel. And well continue to do better on that. The second thing that we thought about was you know, this intelligence business is increaseingly an international business. And so we knew we wanted to do something that brought an International Flavor to the summit. This year. I wont preach, but the business of intelligence is no longer about just secrets. Its a Global Business now. And no nation can maintain the Global Awareness that they want in the Information Age without corporation. We gt a got a good start. We need o kn
Welcome back. We have a few folks coming from lunch in a few minutes. So we wont make any noise until a few minutes in. Welcome to our conversation with facebook titled security versus security. Im dean of the Langston School university. And the head of counterterrorism at facebook. We were here last friday. There was a movie release called friend request. So were here to do a review of that movie. Because no news has broken since then in monicas orbit. When monica agreed or started thinking about it, our main focus was going to be on why when i post pictures no one ever says like or comments. But since then weve had a lot of things develop. So were going to get right into it. We will address some of the news of the day but i want to do that at the end because i want to make sure we spend a lot of time at the beginning talking about some of the really great incredible things that monica and facebook are doing in the counterterrorism space, which is the goal of this conference is to tal
Welcome back. We have a few folks coming from lunch in a few minutes. So we wont make any noise until a few minutes in. Welcome to our conversation with facebook titled security versus security. Im dean of the Langston School university. And the head of counterterrorism at facebook. We were here last friday. There was a movie release called friend request. So were here to do a review of that movie. Because no news has broken since then in monicas orbit. When monica agreed or started thinking about it, our main focus was going to be on why when i post pictures no one ever says like or comments. But since then weve had a lot of things develop. So were going to get right into it. We will address some of the news of the day but i want to do that at the end because i want to make sure we spend a lot of time at the beginning talking about some of the really great incredible things that monica and facebook are doing in the counterterrorism space, which is the goal of this conference is to tal