Archives

Bloomberg said BP Plc and Anadarko Petroleum Corp could be fined in billions of dollars after an appeals court sided with a lower court decision that would allow the US government to seek maximum fines over the 2010 Gulf of Mexico oil spill.

According to Michigan Attorney General Bill Schuette in a statement today, Chesapeake Energy Corp has duped several landowners in 2010 to lease out their properties and later canceled them.

In a statement today, lawyer Ken Feinberg has acknowledged taking the role as administrator for General Motors Co's compensation program for victims of the ignition defect of the automaker's small cars, Bloomberg reported.