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Villagers living near a gold mine owned and run by Canada's Barrick Gold Corp. in Tarime District, Mara Region are demanding the immediate closure of the project, saying they are paying a deadly price for the mining activities in the area.
Read MoreA criminal saga that began in December with a string of superlatives - the largest, longest and most widespread Ponzi scheme in history - ended the same way on Monday as Bernard L. Madoff was sentenced to 150 years in prison, the maximum for his crimes.
Read MoreThe Internal Revenue Service is demanding that hedge-fund and private-equity investors disclose hundreds of billions of dollars they have invested offshore, boosting scrutiny of accounts popular for tax advantages.
Read MoreA report submitted this week to a court in Ecuador finding dangerous levels of contamination at oil wells Chevron says it cleaned up in the 1990s is expected to reinforce a fraud indictment against two Chevron lawyers in a $27.3 billion environmental lawsuit against the oil company.
Read MoreNext week, Iraqi officials will auction off oil contracts to foreign companies for the first time since Iraq nationalized its oil industry three decades ago. Some 120 companies expressed interest in bidding for the contracts, and thirty-five companies qualified. They include Exxon Mobil Corp., Royal Dutch Shell PLC, Italy's Eni SpA, Russia's Lukoil and China Petroleum & Chemical Corp., or Sinopec.
Read MoreOfficials are meeting to review the Kimberley Process, amid criticism that the scheme, set up to certify the origin of diamonds to assure consumers that by purchasing diamonds they are not financing war and human rights abuses, is failing. The Kimberley Process emerged from global outrage over conflicts in countries like Liberia and Sierra Leone, largely funded by the plundering of diamond resources.
Read MoreThe Iranian regime has developed one of the world's most sophisticated mechanisms for controlling and censoring the Internet. The Iranian government appears to be engaging in a practice often called deep packet inspection. The monitoring capability was provided, at least in part, by a joint venture of Siemens AG, the German conglomerate, and Nokia Corp., the Finnish cellphone company.
Read MoreMany hedge funds were relieved when the Obama administration's financial-overhaul plan included no big surprises to the lucrative, secretive industry. In 2008, major hedge funds and their trade groups spent $6.1 million lobbying Washington, up from $4.2 million in 2007 and nearly seven times the $897,000 average from 2003 to 2006.
Read MoreThree lawsuits filed on Monday provided new details about what regulators say went on inside Bernard L. Madoff's long-running Ponzi scheme, including information about who might have helped perpetuate the fraud for so long.
Read MoreThe U.S. Nuclear Regulatory Commission told six utility companies they have until year-end to explain plans to remedy shortfalls in nuclear decommissioning funds. The license holders receiving notice -- Exelon Corp., Entergy Corp., Constellation Energy Group Inc., FPL Group, First Energy and Tennessee Valley Authority -- include some of the industry's biggest names.
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