Search the Archive

Business: Exxon-Mobil Merger / Boeing Layoffs / Rosensweig Interview #421496

CNN Evening News for Tuesday, Dec 01, 1998
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Judy Woodruff) The merger of oil companies Exxon and Mobil to create the world's largest company featured; details given of the pros and cons of the deal, which will have to be approved by government regulators. [Exxon's CEO Lucio NOTO - says the key is profit, not size.] The reasons for the recent slump in oil prices noted.

(Studio: Judy Woodruff) Announcement by Boeing of job layoffs due to the Asian economic crisis reported.

(Studio: Judy Woodruff) Interview held with Emory University's Jeffrey Rosensweig. [ROSENSWEIG - says the oil merger will not hurt the consumer because of the glut of oil, but many will lose their jobs in a cost-cutting operation; suggests the government's role is in retraining.]

(Studio: Judy Woodruff) CNN News special coverage of the oil merger announced.

Reporter(s):
Woodruff, Judy
Duration:
00:06:20

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.