July 25, 2011
An independent audit will be performed on the $20 billion fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico, Attorney General Eric Holder said. In a letter to the fund’s administrator, Kenneth …
July 25, 2011
The Michigan appeals court won’t hold a couple responsible for a tree branch that fell and killed a 45-year-old Kalamazoo man during high winds in June 2008. Joseph Clock’s estate sued Neal and Susan Kemp, claiming they should have known …
July 25, 2011
A West Virginia judge who helped West Virginia’s Supreme Court hear a recent medical malpractice case is blasting the outcome. First Circuit Judge Ronald Wilson dissented sharply on Friday with last month’s ruling that upholds limits on jury verdicts. When …
July 25, 2011
Three judges hearing a coal slurry pollution lawsuit against Massey Energy are considering whether the parent corporation should be held liable for the actions of a subsidiary it claims operated independently. Massey contends that Rawl Sales & Processing, the company …
July 25, 2011
A Jackson County judge is scheduled to hear a claim that R.J. Reynolds Tobacco Co. has underpaid the state of Mississippi at least $1 million in the tobacco settlement payments. Jackson County Chancery Judge Jaye Bradley will preside Monday over …
July 25, 2011
A U.S. team probing the causes of last year’s massive BP oil spill has delayed the release of its final report in order to more fully weigh the evidence, investigators said on Friday. The government’s findings on the spill that …
July 25, 2011
Dutch bancassurer ING is to sell most of its Latin American operation to Colombia’s GrupoSura for 2.6 billion euros ($3.7 bln) in a deal resulting from its state rescue in 2008. ING agreed to split its bank and insurance operations …
July 25, 2011
Oklahoma Gov. Mary Fallin said she is pitching her state’s business climate and work force in an attempt to lure some Illinois-based companies to the Sooner State. Fallin visited Chicago on July 21, meeting with several Illinois-based businesses that currently …
July 25, 2011
Residents of Lake McAlester in Oklahoma are no longer in a Federal Emergency Management Area flood zone after an uncommon re-mapping of the area. “This is the only area in the state of Oklahoma that has been ever been re-mapped …
July 22, 2011
A fake Apple store in China, made famous by a blog that said even the staff working there didn’t realize it was a bogus outlet, is probably the most audacious example to date of the risks Western companies face in …