Massey Energy Co., dealing with the death of 29 miners at one of its West Virginia coal mines, is being investigated by the FBI for possible bribery of state and federal inspectors, a person familiar with the probe said.
Banks agreed to pay about $15.5 billion to settle claims by about 720,000 investors outside the U.S. who lost money in Bernard Madoff’s fraud, said the chairman of a group of law firms representing victims.
Transocean Ltd., the world’s largest offshore rig contractor, won an appeals court ruling that reinstates a $15 million jury verdict against shipping company A.P. Moeller Maersk A/S over a way to drill wells.
Transocean Ltd., the world’s largest offshore drilling company, continues operating in Brazil and is evaluating a court order issued yesterday to suspend operations within 30 days while two oil spills are investigated.