Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Exxon Mobil operates more than 1,000 miles of pipeline that is in similar condition to the aging crude-oil line that ruptured and spilled thousands of gallons of oil into a Mayflower neighborhood more than two years ago, attorneys with the U.S. Justice Department said Tuesday. The attorneys commented in a document urging the 5th U.S. Circuit Court of Appeals in New Orleans to deny Exxon Mobil's request that the court stay, or delay, a federal agency's order that the company comply with several safety directives as a result of the March 29, 2013, accident in Mayflower.
A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois, July 16, 2013. Japan and South Korea have both taken steps to block certain imports of U.S. wheat after unapproved genetically-modified plants from Monsanto Co seeds were found growing in Washington state, a spokeswoman for the U.S. Department of Agriculture said on Monday.
New York's attorney general is rejecting a congressional committee chairman's demand for records about his investigation into whether Exxon Mobil misled investors about global warming. Lamar Smith, a Texas Republican and chairman of the Committee on Science, Space and Technology, told Attorney General Eric Schneiderman he has until midnight Wednesday to provide documents the committee requested two months ago.
Sun Pharmaceutical Industries Ltd., India's largest drugmaker, fell the most in two months after reporting fourth-quarter earnings that missed analyst estimates amid higher investments and regulatory pressures. The stock fell as much as 4.6 percent to 775 rupees, the biggest drop since March 29 on an intra-day basis.
Sun Pharmaceutical Industries Ltd., India's largest drugmaker, said its U.S. unit received a grand jury subpoena from the Justice Department's antitrust division related to generic products and pricing. The summons also sought documents about communications with competitors and others regarding the sale of generic drugs, along with corporate and employee records, Sun Pharma said in a May 27 stock exchange filing.
The fertilizer company says the U.S. crackdown on tax inversions had reduced the benefits of its proposed merger with OCI NV. U.S. fertilizer manufacturer CF Industries said Monday it had scrapped an $8 billion merger with Dutch rival OCI NV, citing U.S. efforts to curtail tax-inversion deals.
Republican members of Congress have accused New York's Democratic attorney general and his counterparts in 16 other jurisdictions of chilling free speech over climate change through their legal and political campaign to curb fossil fuel burning. Thirteen of the 21 GOP members of the House Committee on Science, Space and Technology said in a letter Wednesday that Attorney General Eric Schneiderman and the others have been pushed by environmental activists "to use their prosecutorial powers to stifle scientific discourse."