BP CEO Tony Hayward is traveling to Moscow to meet with Igor Sechin, a top deputy to Russian Prime Minister Vladimir Putin. The meeting comes as Russian President Dmitry Medvedev is calling for a levy on oil companies to finance a fund to pay for cleaning up the industry's environmental disasters.
What happens when companies pollute? Sometimes -- though not always -- they have to pay. BP's $20 billion fund to compensate for damages to the Gulf of Mexico ranks as the biggest environmental payout of all time. What other industrial giants make the list?
Resorts along the Gulf Coast are trying to get the word out to vacationers that they're open and not affected by the massive BP oil spill -- at least, not yet.
For 10 years, Working Mother magazine included Novartis on its list of the 100 best places to work, but if the 5,600 women suing the pharmaceutical giant for sex discrimination win their $200 million case, it's hard to imagine it making the list again. The trial starts today.
Chevron is facing billions in potential liability stemming from its alleged contamination of the Ecuadorian rain forest. However, one particularly damning report of the pollution appears to be a forgery. Chevron just released a deposition by Charles Calmbacher, in which he says he had found contamination, but none as bad as in the reports written above his signature.