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National

Exxon Mobil Reports Landmark Profits

Oil giant Exxon Mobil Corporation has announced annual earnings for 2006 of close to $40 billion, the largest annual profit ever by an American company. The news comes a day ahead of an expected U.N. report on climate change that will point to fossil fuels as a major factor in global warming. Wall Street Journal reporter Jeffrey Ball talks with Alex Chadwick.

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