Apple Inc. said a monitor appointed to oversee antitrust compliance at the company in the wake of its electronic books price-fixing case is “operating in an unfettered and inappropriate manner” and overbilling for it -- charging more than $138,000 in his first two weeks.
A U.S. moratorium on deep-water oil and gas drilling may end sooner than Nov. 30 if evidence from hearings that start this week support lifting the ban, Bureau of Ocean Energy Management Director Michael Bromwich said.
President Barack Obama named former Justice Department official Michael Bromwich to revamp federal management of offshore oil and gas exploration as part of an effort to clean up an agency the president says was plagued by corruption.
Lifting the moratorium on deep-water oil drilling is too risky as companies have yet to show they are capable of preventing and containing spills following the BP Plc disaster, the main regulator for U.S. offshore drilling said.
The Obama administration this week plans to offer companies guidance for offshore drilling, the head of the agency in charge of approving permits said in response to mounting frustration from the industry.