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The Federal Bureau of Investigation is conducting a criminal probe of the deadly explosion at a Massey Energy Co. mine in West Virginia in early April that killed 29 miners, according to people familiar with the matter. In a statement on Friday Massey Energy said, "Massey has no knowledge of criminal wrongdoing."
Read MoreBP says that the offshore drilling accident that is spewing thousands of barrels of oil a day into the Gulf of Mexico could cost the company several hundred million dollars. Nobody really knows whether the oil giant is being too conservative about the cost for the April 20 accident, which some experts say could end up as the biggest oil spill in history.
Read MoreWhen shareholders of the multinational company Chevron gather for their annual meeting in the U.S. city of Houston in late May, they will come face to face with Naing Htoo, whose community has suffered due to the exploits of the energy giant in military-ruled Burma.
Read MoreMark Ekepa journeyed from Papua New Guinea to tell the shareholders of Barrick Gold Corp. how police had burned down his house near the Barrick's Porgera mine. Idolia Bornones travelled from Chile to say that Barrick operations are damaging local glaciers and rivers. But Barrick chairman Peter Munk was unrepentant as he faced the company's annual meeting.
Read MoreOne question has vexed the Obama administration and Congress since the start of the financial crisis: how to prevent big bank bailouts. In the last year and a half, the largest financial institutions have only grown bigger, mainly as a result of government-brokered mergers. They now enjoy borrowing at significantly lower rates than their smaller competitors, a result of the bond markets' implicit assumption that the giant banks are "too big to fail."
Read MoreThe Securities and Exchange Commission Friday charged Goldman Sachs & Co. and one of its executives with fraud in a risky offshore deal backed by subprime mortgages that cost investors more than $1 billion.
Read MoreA pioneering initiative aimed at cleaning up the oil and mining industries has ejected Equatorial Guinea from its ranks. The board of the Extractive Industries Transparency Initiative, a voluntary coalition of companies, governments, donors and civil society groups, had been under pressure from activists on granting extensions to 17 states that had missed a deadline to have audits of their industries independently verified.
Read MoreRescue workers began the precarious task Tuesday of removing explosive methane gas from the coal mine where at least 25 miners died the day before. The mine owner's -- Massey Energy Company -- dismal safety record, along with several recent evacuations of the mine, left federal officials and miners suggesting that Monday's explosion might have been preventable.
Read MoreThe U.S. government is probably paying contractors millions of dollars for unnecessary work in Iraq because the military is not giving companies clear enough guidance about reducing their employees, officials on the Commission on Wartime Contracting said Monday.
Read MoreThe Pentagon faces a tough choice: Should it award a billion-dollar contract for training the Afghan National Police to Xe (formerly Blackwater), a company made infamous when its employees killed 17 Iraqis in Baghdad in 2007, or to DynCorp, a company made infamous in Bosnia in 1999 when some of its employees were caught trafficking young girls for sex?
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