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The family members have thrown their support behind a shareholder rebellion that is ruffling feathers at Exxon Mobil, the giant oil company descended from John D. Rockefeller's Standard Oil Trust.
Read MoreFor the first time since the war began, the largest single Pentagon contract in Iraq is being divided among three companies, ending the monopoly held by KBR, the Houston-based corporation that has been accused of wasteful spending and mismanagement and of exploiting its political ties to Vice President Dick Cheney.
Read MoreThe Justice Department has appointed at least 30 former prosecutors and other government officials as well-paid corporate monitors in arrangements that allow companies to avoid criminal prosecution, according to government data released Thursday by Congress.
Read MoreMounting concerns about global energy supply are fueling a drive by the oil industry and some U.S. lawmakers to end longstanding bans on domestic drilling put in place to protect environmentally sensitive areas.
Read MoreShell was accused yesterday of "selling suicide on the forecourt" by pressing ahead with tar sands operations in Canada and continuing to flare off excess gas in Nigeria while pulling out of renewable schemes such as the London Array - the world's largest offshore wind scheme.
Read MoreAgriculture Secretary Ed Schafer announced Tuesday a total ban on meat plant slaughter of cows too sick or weak to stand.
Read MoreBAE Systems admitted yesterday that American authorities investigating corruption claims over an arms deal with Saudi Arabia had issued a series of subpoenas to senior executives, as the investigation continues to gather pace. Two bosses of the defence giant were also detained after they landed at a Houston airport last week
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Wal-Mart Stores has put out a press release
patting itself on the back for promising the equivalent of about
$430,000 for disaster relief and reconstruction for the area of China
hit by a massive earthquake this week. The gesture was laudable but the
amount was less than impressive.
Residents of the town of Blackwell, Oklahoma have brought a class action lawsuit against mining giant Freeport McMoRan. The plaintiffs say that the company's zinc smelter, which closed in 1974, left a toxic legacy in the town, including contaminated sand from the smelter that was given away for free.
Read MoreA poorly run Pentagon program for providing workman's compensation for civilian employees in Iraq and Afghanistan has allowed defense contractors and insurance companies to gouge American taxpayers, a House committee said Thursday.
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