Exxon Mobil Corp. is suing the United States to recover more than $45 million in clean-up costs at its refining and petrochemical plants in Baytown, Texas, saying the government controlled the facilities during World War Two. Exxon argues it should …
BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said Tropical Storm Bonnie, the …
BP Plc managed Thursday to lower a containment cap onto its ruptured deep-sea wellhead in the Gulf of Mexico in a high-stakes bid to siphon off some of the oil billowing from its gusher. U.S. President Barack Obama canceled his …
Alleged swindler Allen Stanford will spend more than a year in custody after a U.S. judge Thursday set his criminal trial for January 2011. “This criminal case is going to get under way and it is going to go on …
Financier Allen Stanford and other executives who face charges related to an alleged $7 billion fraud may file claims for defense funds under a directors’ and officers’ insurance policy, a federal judge said Friday. Stanford has had his assets frozen …
Lloyd’s of London has told a federal judge he should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of coverage, according to a court …
Former billionaire Allen Stanford, accused of running a $7 billion Ponzi scheme, will be represented by a public defender for now after telling a court he had no money to pay for an attorney. “The man needs an attorney, he’s …
Lloyd’s of London said a federal judge should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of coverage, according to a court filing Friday. …
It’s not quite business as usual in Houston Monday after Hurricane Ike knocked out power to millions, shattered skyscraper windows and wiped out water pressure in the nation’s energy hub. In the midst of an oil boom, the storm’s destruction …
