Citgo Reaches $323 Million Emissions  Settlement
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Citgo Petroleum Corp. will install $320 million in pollution controls in six refineries and pay $3.6 million to settle a federal lawsuit charging the company with violating the Clean Air Act, the Justice Department announced yesterday.
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By Dale Kasler, The Sacramento Bee, Calif.  Feb. 7--GenCorp Inc. said Tuesday it has received a $29.7 million payment from the company that bought its chemical business in 2005.
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Oil major BP on Thursday agreed to pay $373 million to settle U.S. charges stemming from a deadly Texas refinery explosion, an Alaska oil spill and allegations it manipulated the propane market.
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Oil major BP  on Thursday  agreed to pay $373 million to settle U.S. charges stemming from  a deadly Texas refinery explosion, an Alaska oil spill and  allegations it manipulated the propane market.
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One of Appalachia's coal-mining giants agreed yesterday to pay $20 million, the largest such fine imposed by the Environmental Protection Agency, after an investigation found more than 4,500 instances in which mine runoff tainted nearby waters.
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THE Environment Court has fined a farm a record $35,000 for illegally discharging effluent.   Plateau Farms owners Frank, Alan and Elizabeth Crafar pleaded guilty to effluent discharge on one of their Reporoa farms.
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Global energy giant BP PLC agreed Thursday to pay $373 million to settle criminal and civil charges that it overcharged U.S. propane consumers by millions of dollars and ignored environmental warnings that resulted in an Alaska oil spill and a deadly explosion in Texas.
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SAN JOSE, Calif. - Some 22 companies that paid no state income tax are slated to receive $82 million in tax refunds, including Conexant Systems Inc.
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Bayer AG&#39;s US unit agreed to plead guilty and pay a $33 million fine for participating in a conspiracy to fix the price of chemicals used to make plastic grocery bags, shoe soles and
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A federal judge in New York has approved a $2.6 billion settlement of a class-action lawsuit on behalf of more than 170,000 WorldCom investors who claimed they were defrauded by Citigroup.
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LOS ANGELES - California air regulators Friday unanimously approved the world's most stringent rules to reduce auto emissions that contribute to global warming - a move that could affect car and truck buyers from coast to coast.    Under the regulations, the auto industry must cut exhaust from cars and light trucks by 25 percent and from larger trucks and sport utility vehicles by 18 percent...
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A Kentucky utility has agreed to pay the largest-ever fine for alleged violations of the Clean Air Act's acid rain program, the Environmental Protection Agency said yesterday.
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California would become the first state to impose a limit on all greenhouse gas emissions, including those from industrial plants, under a landmark deal reached Wednesday by Gov. Arnold Schwarzenegger and legislative Democrats.
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American International Group Inc.  AIG.N agreed to pay $126 million to settle allegations it  helped companies fraudulently inflate earnings, the U.S.  Securities and Exchange Commission said on Tuesday.
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WASHINGTON -- Financial-services giant Citigroup Inc. will pay $250,000 to settle allegations it used misleading sales material on hedge funds, the National Association of Securities Dealers said yesterday.
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A radio station owner who promoted a concert featuring pyrotechnics that started a deadly nightclub fire reached a tentative $22 million settlement with survivors and victims' relatives, according to court papers filed Wednesday.
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Citigroup (CN: Quote, Profile, Research) said it agreed to sell its truck-financing business to GE Commercial Finance for $4.4 billion, concluding a recent spate of divestitures in its leasing operations.