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Former ExxonMobil chair and CEO Rex Tillerson, who now serves as President Donald Trump's secretary of state, reportedly "approved of the inconsistency." ExxonMobil is being accused of using "sham" accounting to "mislead" investors about the likely financial risks posed by climate change, which New York Attorney General Eric Schneiderman said was evidence of potentially "wide-ranging fraud" executed under the direction of former CEO and current U.S. Secretary of State Rex Tillerson .
Relations between the United States and Russia, at their lowest level since the Cold War, will not restart "with a clean slate", Secretary of State Rex Tillerson said on Sunday. The former ExxonMobil CEO, who was decorated in 2013 by Russian President Vladimir Putin, had said previously that the relationship between the two nuclear powers had hit its lowest point since the Soviet collapse in 1991.
The secretary of state is in Fairbanks for a meeting with the world's eight Arctic nations amid concerns about the future of the sensitive region after President Donald Trump called for more oil drilling and development. Rex Tillerson landed on Wednesday afternoon and immediately held a meeting with a congressional delegation as well as Arctic representatives from Alaska's indigenous people.
The White House has postponed a Tuesday meeting to discuss whether the United States should withdraw from the landmark international climate deal struck in Paris under the Obama administration. The White House said late Monday that the meeting would be rescheduled.
The political and economic crisis in Venezuela is costing US companies dearly, as General Motors can attest following the unexpected nationalisation of its plant there. The big auto-maker shut down its operations in Venezuela and laid off its 2,700 workers after the Government last Wednesday seized the plant, which had been idle because of the chaotic market environment.
The Trump administration has rejected a request from Exxon Mobil to waive U.S. sanctions against Russia to allow the company to resume oil drilling around the Black Sea. Treasury Secretary Steven Mnuchin said Friday in a brief statement that the administration "will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian sanctions."
The United States imposed sanctions on Russia back in 2014 after Moscow annexed Crimea. But it appears oil giant ExxonMobil would like an exception for their own profit.
Facebook Inc launched a new Augmented Reality platform, which allows users to overlay graphics onto photos and videos in real time, leveraging new technologies such as SLAM, 3D effects and object recognition: Link Fox News is parting ways with Bill O'Reilly in the wake of a sexual-harassment scandal, bringing an end to the combative host's two-decade run that drew millions of loyal viewers and helped build the network's political influence: Link Here's a look at how some of the world's largest financial institutions performed in the first quarter and their stock's performance since the start of 2017 and over the past year: Link Every golf course in China is equipped with cameras at almost every tee.
A person familiar with the matter says Exxon Mobil is seeking permission from the U.S. government for approval to resume drilling around the Black Sea with a Russian partner, state-owned Rosneft . The oil giant's request is being reviewed by the Trump administration and is certain to draw extra scrutiny because it involves a company formerly run by Secretary of State Rex Tillerson, who cultivated close ties with Russia and its president, Vladimir Putin.
The State Department would give no details Tuesday about a planned trip by Secretary of State Rex Tillerson to Moscow next month, but the visit appears to be a stand-in for any immediate meeting between President Trump and Russian President VladiA mir Putin. Tillerson, who drew skepticism from Democrats and some Republicans for his ties to Russia and Putin when he headed the oil giant ExxonMobil, will be the first high-level Trump administration emissary to go to Moscow.
President Donald Trump is again citing corporate investments planned before he took office as evidence that his policies are growing jobs and business. "We are already winning again, America!" he tweeted Monday after Exxon Mobil announced the latest details of an expansion initiative that actually began in 2013.
Rep. Tom Price, President Donald Trump's choice to be health secretary, is the latest of a handful of Cabinet nominees to eke out a confirmation victory in a bitterly divided Senate. Following the pattern of strictly party-line votes on two previous nominees - Attorney General-designate Sen. Jeff Sessions and Betsy DeVos for Education secretary - the Georgia congressman was approved early Friday on a 52-47 vote.
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On Wednesday, the House of Representatives passed a resolution to repeal an obscure anti-corruption rule aimed at the oil and gas industry before the rule even took effect. Now oil majors like ExxonMobil or Chevron won't have to disclose payments they make to foreign governments while chasing resource deals around the world.
On Tuesday, Apple will reveal just how successful the iPhone 7 was during the holiday season. Analysts predict Apple's sales for the final quarter of 2016 will clock in at $77.4 billion, up from $75.9 billion this time last year.
Rubio sides with Tillerson for secretary of state Rubio had expressed deep misgivings about Tillerson's ties to Russia and President Vladimir Putin. Check out this story on floridatoday.com: http://on.flatoday.com/2klMAwP FILE - In this Jan. 12, 2017 file photo, Sen. Marco Rubio, R-Fla.
In this Jan. 11, 2107 file photo, Secretary of State-designate Rex Tillerson testifies on Capitol Hill in Washington at his confirmation hearing before the Senate Foreign Relations Committee. Sen. Marco Rubio, R-Fla.
The Senate Foreign Relations Committee narrowly approved on Monday President Donald Trump's choice for secretary of state, former oil executive Rex Tillerson, clearing the way for his confirmation vote by the full chamber. The panel voted along party lines, 11-10, to recommend Tillerson's nomination to the full Senate, where the former chief executive of Exxon Mobil is almost certain to be confirmed by the Republican-led chamber.
Former ExxonMobil chief executive Rex Tillerson won the backing of the Senate Foreign Relations Committee Monday to be secretary of state when it voted to send his nomination to the full Senate with a recommendation of approval. The vote was 11-10.