Latest Articles

With little fanfare and no public announcement, the U.S. Army quietly awarded $4.972 billion in new work to Halliburton on May 1 to support the United States military occupation of Iraq.

The American International Group has hired Arthur Levitt, a former Securities and Exchange Commission chairman, as a consultant to the board in an effort to quell dissent from institutional investors.

As the lobbying heats up in Washington over Unocal, a midsize American oil company, the battle lines in the takeover contest are now drawn clearly, if oddly, by its suitors.

The new order, which comes despite lingering questions about the company's past billing, replaces an earlier agreement that expired last June but had been extended through this spring to ensure a continuous supply of food, sanitation, laundry and other logistical services for the troops.

Washington Post quotes our research as source for new secret $5 billion contract with Halliburton. Our military correspondent provided the Post with military contracts that the Pentagon refused to release.

Canadian, Spanish and Danish companies are fueling a border clash in the remote coastal waters off the northern edge of South America in an effort to profit out of recently discovered coastal oil reserves.

NEW!Hallliburton Wins New $4.9Billion Iraq Contract

Federal prosecutors aren't done with HealthSouth Corp., despite the acquittal of ousted CEO Richard Scrushy in a $2.7 billion earnings overstatement.

Bernard J. Ebbers, the founder and former chief executive of World Com who was found guilty of fraud by a New York jury in March, agreed yesterday to surrender nearly all of his personal fortune - about $40 million - to investors who lost billions when the company spiraled into bankruptcy almost three years ago.

A Belgian court has stopped an investigation into alleged crimes against humanity committed by the French oil giant Total in military-ruled Myanmar, dashing the hopes of four refugees who brought the case.

A Milan judge sentenced 10 former Parmalat executives and a lawyer to jail on Tuesday in the first guilty ruling over the 14-billion-euro (9.3-billion-pound) collapse of Italy's biggest listed food group.