Brazil Fines Chevron $28 Million Following Oil Spill
The oil giant Chevron has been fined $28 million by the government of Brazil over an off-shore oil spill. On Monday, President Dilma Rousseff met with a number of her environment and energy ministers to discuss the matter, one day after Chevron claimed full responsibility for leaking some 2,400 barrels following the rupture of a well on November 7. The company has admitted it caused the accident by wrongly estimating pressure and rock strength in the reservoir it was targeting.
Corzine’s MF Global Missing $1.2 Billion in Customer Investments
There is a major development in the collapse of Jon Corzine’s brokerage firm MF Global. As much as $1.2 billion of customer investments are now missing — double previous estimates.
Fox News Viewers Less Informed Than Those Who Don’t Watch Any News
A new survey from Fairleigh Dickinson University has found that viewers of Fox News are less informed about world events than people who do not watch any news. The study found viewers of Fox are 18 points less likely to know that Egyptians overthrew their government six points less likely to know that Syrians have not yet overthrown their government compared to those who watch no news. Fairleigh Dickinson political science Professor Dan Cassino said, “The results show us that there is something about watching Fox News that leads people to do worse on these questions than those who don’t watch any news at all.”
