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Swiss 'back curbs on executive pay'

2013-03-03 14:12:59| BBC News | Business | UK Edition

Swiss voters appear to have backed proposals to impose some of the world's strictest controls on executive pay, projected referendum results suggest.

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BP oil spill probe did not address cost overruns: executive

2013-02-28 19:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: BP Plc's investigation of its disastrous 2010 Gulf of Mexico blowout did not address the impact of cost overruns on the well, a BP executive said on Thursday, in the final day of testimony this week in the massive civil trial over the spill. Plaintiffs contend that cost concerns prompted crew members on the doomed Deepwater Horizon rig to rush to wrap up the drilling. The executive who led BP's internal investigation said the company did not focus on that angle. "I don't recall it being part...

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TransCanada Confident Keystone XL Will Be Approved by Summer -Executive

2013-02-28 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Dow Jones: TransCanada Corp. (TRP) still fully expects to receive approval for its controversial cross-border Keystone XL pipeline expansion within the next several months, a company executive said Thursday. TransCanada, which has been waiting for White House approval for the 830,000 barrel-a-day pipeline expansion for years, expects to receive the necessary permit "by the first half of 2013," Paul Miller, TransCanada's senior vice president in charge of oil pipelines, said on the sidelines of the Platts...

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Coach Hires Nike Executive to Oversee Change in Store Look

2013-02-28 10:03:27| Footwear - Topix.net

Coach Inc said on Wednesday it has hired a former Nike Inc executive to oversee the transformation of its stores as it moves further into segments where the leather goods maker is a relatively small player, such as shoes and clothing.

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Deepwater Horizon safety was a shared effort, says BP executive

2013-02-27 02:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Safety at the Deepwater Horizon rig was a shared effort, one of BP's top executives told a court on the second day of the trial over the 2010 disaster. Lamar McKay, BP's US president at the time, is the most senior oil executive yet to testify in court about the fire that killed 11 men and triggered the worst oil spill in US history. McKay was giving evidence on Tuesday in a case brought by the US justice department, five gulf states affected by the spill and lawyers representing businesses...

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