A federal judge in Alaska is due to hear arguments Friday about whether Exxon Mobil (XOM) owes another $100 million to remove oil remaining on the shore in Prince William Sound, site of the 1989 Exxon Valdez tanker spill, the Associated Press reports. The hearing comes as a result of a motion filed by Rick Steiner, a retired University of Alaska professor, who is trying to force action on a claim filed in 2006 by the state and federal government. Exxon Mobil shares are up 0.47%, or $0.40, to $85.20.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...