Report: ExxonMobil buys Kosmos Energy's stake in oil field off GhanaOctober 6th, 2009 Report: ExxonMobil buys stake in African oil fieldCOLUMBUS, Ohio — ExxonMobil has bought Kosmos Energy's stake in oil blocks offshore the West African country of Ghana in an area that contains huge crude discoveries, The Wall Street Journal reported Tuesday. The deal would be the first by one of the world's largest oil companies in the area, the newspaper said, citing a person familiar with the matter.
Court upholds $4.6 million judgment against USA Truck of Van Buren after contract breachOctober 1st, 2009 Court upholds ruling in fight between Ark truckersLITTLE ROCK, Ark. — A federal appeals court has upheld a $4.6 million judgment against USA Truck Inc.
A brief history of the Exxon Mobil sabotage caseAugust 28th, 2009 A brief history of the Exxon Mobil sabotage caseA quick look at the history of the case in which Exxon Mobil Corp. is accused of sabotaging wells it has abandoned.
Appeals court OKs $102M for wrongful convictions; Boston judge found FBI withheld evidenceAugust 28th, 2009 Mass. court OKs $102M wrongful-conviction awardBOSTON — A federal appeals court on Thursday upheld a $102 million judgment against the government for withholding evidence that could have cleared four men who spent decades in prison — including two who died there — for a murder they didn't commit. Joseph Salvati, Peter Limone and the families of Henry Tameleo and Louis Greco sued the federal government for malicious prosecution after U.S.
Wells Fargo keeps quarterly dividend unchanged at 5 centsJuly 28th, 2009 Wells Fargo keeps quarterly dividend at 5 centsSAN FRANCISCO — Wells Fargo & Co. said it will pay a quarterly dividend of 5 cents per common share — unchanged from the previous quarter's payout, but less than one-sixth of the dividend the bank had been paying earlier.
Energy Department starts building water treatment system at contaminated Wash. nuclear siteJuly 23rd, 2009 Contaminated Wash. site gets new treatment systemRICHLAND, Wash.
Exxon says it won't appeal, will pay $470M interest on Valdez oil spill punitive damagesJune 30th, 2009 Exxon to pay interest on Valdez oil spill damagesANCHORAGE, Alaska — Oil giant Exxon Mobil Corp. has decided not to appeal hundreds of millions of dollars in interest on punitive damages resulting from the 1989 Exxon Valdez oil spill.
Federal court orders Exxon Mobil to pay $507.5 million, plus interest, for 1989 oil spillJune 15th, 2009 Exxon ordered to pay $507.5M for 1989 Alaska spillSAN FRANCISCO — Exxon Mobil Corp. has been ordered to pay $507.5 million in punitive damages to Alaska natives, fishermen, business owners and others harmed by the massive 1989 oil spill off Alaska.
EPA to spend millions a year rebuilding Navajo Nation homes contaminated with uraniumJune 14th, 2009 EPA to rebuild uranium-contaminated Navajo homesFLAGSTAFF, Ariz. — The federal government plans to spend up to $3 million a year to demolish and rebuild uranium-contaminated structures across the Navajo Nation, where Cold War-era mining of the radioactive substance left a legacy of disease and death.
Wells Fargo prices shares at $22 a share, boosting overall offering to $7.5BMay 9th, 2009 Wells Fargo prices stock offering at $7.5 billionSAN FRANCISCO — Wells Fargo says it is raising $7.5 billion through an offering of 341 million shares at $22 apiece, boosting the amount it previously said it would raise by $1.5 billion. The announcement comes a day after the U.S.
Wells Fargo prices shares at $22 a share, boosting overall offering to $8.6BMay 9th, 2009 Wells Fargo prices stock offering at $8.6 billionSAN FRANCISCO — Wells Fargo & Co. said Friday it is raising $8.6 billion through an offering of 392.15 million shares at $22 apiece, boosting the amount it previously said it would raise by $1.1 billion.
Supreme Court gives tentative OK to regulation of use of even a single curse word on TVApril 28th, 2009 Supreme Court OKs regulation of language on TVWASHINGTON — The Supreme Court is giving tentative approval to government regulation of the use of even a single curse word on live television. But the court, in a 5-4 decision Tuesday, is refusing to pass judgment on whether the Federal Communications Commission's "fleeting expletives" policy is in line with First Amendment guarantees of free speech.
Wells Fargo CEO sees 'rays of hope,' but not ready to predict when bank will repay taxpayersApril 28th, 2009 Wells Fargo CEO sees 'rays of hope' in economySAN FRANCISCO — Wells Fargo's CEO thinks the recession may be nearing an end, but still isn't feeling optimistic enough to set a timetable for repaying the $25 billion that U.S. taxpayers invested in the bank last fall.
ExxonMobil overtakes Wal-Mart as largest US companyApril 21st, 2009 NEW YORK - The global economic crisis has scrambled the pecking order among US firms, with ExxonMobil ousting Wal-Mart as the top revenue-earning company. The energy company vaulted to the top of the business magazine Fortune 500 list, pushing the world's largest retailer to second place.
China's tainted milk companies to compensate victimsDecember 26th, 2008 BEIJING - Victims of contaminated milk in China would get compensation from the dairy firms involved in the scandal, China's Dairy Industry Association announced here Saturday. 'The enterprises offered to shoulder the compensation liability.
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