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XTO Energy to pay $5 million for fracking violations
2014-12-27 23:00:03| Energy - Topix.net
ExxonMobil subsidiary XTO Energy, Inc. will pony up about $3 million to restore eight West Virginia sites where the company illegally filled wetlands and polluted the water during fracking operations. The company will also pay a civil penalty of $2.3 million for violating the Clean Water Act, with impacts along more than a mile of stream and 3.38 acres of wetlands.
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Aluminum Buyers in Japan Said to Pay Record Premium Next Quarter
2014-12-27 10:18:47| Chemicals - Topix.net
Aluminum buyers in Japan, Asia's biggest importer, agreed to pay a record fee to producers next quarter as the global market will stay in a deficit, said three people involved in the negotiations. The surcharge for the three months beginning in January is $425 a metric ton above the London Metal Exchange cash price, the people said, asking not to be identified because the talks are confidential.
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A Backlash Brews Against Low Pay On The Factory Floor
2014-12-24 01:37:27| Chemicals - Topix.net
Nissan workers at a plant in Canton, Miss. The auto company received financial incentives, including tax relief, from the state for the factory.
Germany's Big Firms Pay Price for Small-Town Ties
2014-12-23 07:02:35| Automakers - Topix.net
WALLDORF, Germany-This country's major brands have reached the far corners of the world. But at some of Germany's biggest companies, just getting to headquarters can be a trek.
Alstom agrees to pay $775m penalty to settle bribery charges
2014-12-23 01:00:00| Power Technology
French energy and transportation firm Alstom has agreed to plead guilty and settle the bribery charges leveled against it with the payment of $772m as penalty with the US Justice Department.
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