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Exxon Mobil sued as 5 nooses displayed at Louisiana facility
Exxon Mobil Corp. violated federal law for failing to take sufficient action as five hangman’s nooses were displayed at a Louisiana facility, the U.S. government said in a lawsuit.
Exxon investors rebel against board, pass climate change resolution
Exxon Mobil Corp. investors, in a split with the company, urged the explorer to publish a detailed analysis on how carbon curbs could affect the value of its oil fields, refineries and pipelines. The non-binding measure, backed by shareholders including the California Public Employees’ Retirement System and the Church of England investment fund, comes amid […]
Court of Appeals tweaks Exxon rulings
The state’s highest court will not change its decision to strip hundreds of Jacksonville residents and businesses of most of the damages two juries awarded in separate lawsuits against Exxon Mobil Corp., stemming from a gasoline leak that continued for more than a month in 2006.
Apple sets record for company value at $623B
NEW YORK — Apple is the world’s most valuable company, ever. On Monday, its surging stock propelled the company’s value to $623 billion, beating the record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom. After a four-month dip, Apple’s stock has hit new highs recently because of optimism […]
Court of Appeals takes Jacksonville Exxon cases
Maryland’s top court agreed Wednesday to consider how much money two groups of Jacksonville residents should receive in damages from Exxon Mobil Corp. in their lawsuits over a massive 2006 gasoline leak. The Court of Appeals granted petitions for writs of certiorari for its September 2012 term for two cases, Exxon Mobil Corporation v. Albright […]
Court of Special Appeals asked to vacate opinion on Exxon Mobil damages
The Court of Special Appeals should vacate its decision striking down a significant portion of the $150 million in damages awarded to 88 Jacksonville households from Exxon Mobil Corp., according to a motion filed by the plaintiffs’ lawyers. The reason, according to a motion for reconsideration filed Monday in the Court of Special Appeals, is […]
H. Russell Smouse: Exxon spill an ‘unfortunate accident?’ No, not hardly
Once again, the massive 2006 gasoline spill in the Jacksonville area of Baltimore County is making headlines. Recently the Maryland Court of Special Appeals reversed a jury verdict in the first case to be tried against Exxon Mobil Corp. for unleashing 26,000 gallons of petroleum into the Jacksonville aquifer, the sole source of water for […]
Apple stock breaks $500 level, continuing rally
NEW YORK — Apple’s stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter. Apple Inc. has been trading the position as most valuable company in the world with […]
Apple passes Exxon as most valuable company
NEW YORK — Apple has again surpassed Exxon as the most valuable U.S. company after an excellent quarter. Apple Inc.’s stock rose nearly 6 percent to $445.29 in midday trading Wednesday, bringing the iPhone and iPad maker’s market capitalization to $415 billion. Meanwhile, Exxon Mobil Corp. shares are down 1 percent at $86.52. That gives […]
Stocks rise broadly, second day of gains
NEW YORK — Stocks are sharply higher in midday trading for the second day in a row. Exxon Mobil Corp. rose the most of the 30 stocks in the Dow Jones industrial average on Tuesday, gaining 2.8 percent. Chevron Corp. rose 2.7 percent. Bank of America Corp. sank 2 percent, the worst in the Dow. […]
Exxon Mobil 2Q earnings rise 41 percent
NEW YORK — Exxon Mobil Corp. said Thursday that profit rose 41 percent in the second quarter, when the price of gasoline and other fuels jumped to three-year highs. Exxon’s second-quarter income of $10.68 billion is the largest since it set a corporate net income record of $14.8 billion in the third quarter of 2008. […]
Week in review: 7/1/11
Culinary school’s future in jeopardy Nervous and, in some cases, angry, students of Baltimore International College were waiting this week to see if their school will be closed in the wake of losing accreditation from the Middle States Commission on Higher Education. Students said they were left with little time to transfer and, in many cases, […]
