Tribune Co. Chief Executive Officer Peter Liguori, responding to a protest over a possible sale of the Los Angeles Times to Koch Industries Inc., said speculation over potential buyers of the company’s papers is “premature.”
Georgia-Pacific LLC, the U.S. paper and pulp producer controlled by the Koch brothers, agreed to buy Buckeye Technologies Inc. for about $1.45 billion to add cellulose products used in baby wipes and tires.
North American fertilizer production projects totaling $22 billion may be at risk of delay amid increased scrutiny from regulators and communities after last week’s explosion at a Texas plant killed 14 people.
Shearman & Sterling LLP is closing its Dusseldorf and Munich offices, leaving the firm with one German office, in Frankfurt. The firm’s German corporate/mergers and acquisitions, finance/tax and disputes/arbitration work will be consolidated in Frankfurt, the firm said in a statement.
Chevron Corp. helped write the first-in-the-nation rule ordering reduced carbon emissions from cars and trucks. Its biofuels chief spoke at the ceremony where California Governor Arnold Schwarzenegger signed the executive order in 2007, the same year the oil company pledged to develop a gasoline replacement from wood.