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WASHINGTON— The Supreme Court has ruled in favor of defense contractor KBR Inc. in a whistleblower lawsuit over claims that the company overbilled the government for work in Iraq. The justices ruled unanimously Tuesday that former KBR employee Benjamin Carter waited too long to file a suit alleging that the company had fraudulently billed the government...
WASHINGTON, May 26- The U.S. Supreme Court on Tuesday handed a victory to government contractor KBR Inc by ruling that a law that extends the time frame for fraud claims committed against the United States during wartime does not apply to civil claims. The decision benefits KBR, which is fighting whistleblower claims alleging it defrauded the U.S. government...
WASHINGTON, May 26- The U.S. Supreme Court on Tuesday issued a mixed ruling in a case involving whistleblower claims against KBR Inc in which the contractor was accused of defrauding the U.S. government over work it carried out in Iraq. On a 9-0 vote, the court sent the case back to an appeals court for further consideration. The ruling means that the case filed by...
Speaking at conference at Northwestern University's School of Law, White stopped short of saying whether the agency was investigating the issue, but strongly implied that the SEC is not happy about these tactics. Created by the 2010 Dodd-Frank Wall Street reform law, the program lets the SEC dole out cash awards that range between 10 percent and 30 percent of...
The SEC said that the Houston- based oil services company violated a federal regulation by requiring witnesses in internal investigations to sign confidentiality agreements that warned of possible discipline if they discussed the matters with outside parties. The SEC also said since the internal investigations included allegations of securities law...
WASHINGTON, Jan 20- The U.S. Supreme Court on Tuesday allowed lawsuits to move forward against government contractors in Iraq and Afghanistan by declining to hear appeals filed by KBR Inc and Halliburton Co.. Staff Sergeant Ryan Maseth, who died in 2008 after being electrocuted in his barracks in Iraq. There are a series of cases against private contractors...
WASHINGTON, Jan 20- The U.S. Supreme Court on Tuesday allowed lawsuits to move forward against government contractors in Iraq and Afghanistan by declining to hear appeals filed by KBR Inc and Halliburton Co..
Some of Thursday's midday movers:
Some of Tuesday's midday movers:
The "Fast Money" traders share their final trades of the day.
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Check out which companies are making headlines after the bell Tuesday.
HOUSTON-- Engineering company and contractor KBR Inc. said Wednesday that it lost money in the third quarter as it wrote down the value of a 2010 acquisition. KBR bought Chicago- based Roberts& Schaefer in December 2010 for $280 million.
HOUSTON-- Defense contractor KBR Inc. said Thursday that it has been picked as one of the main contractors on a project that gets Army equipment ready for deployment. KBR said that as the prime contractor, it will be able to bid on individual task orders from the Army.
PORTLAND, Ore., Oct 10- Lawyers for 12 Oregon National Guardsmen suing contractor KBR Inc for negligence and fraud told a jury in Portland, Oregon on Wednesday that the soldiers were knowingly exposed to toxic chemicals in Iraq that made them ill.
WASHINGTON-- The Supreme Court has ruled out reviving lawsuits against Halliburton Corp. over insurgent ambushes that killed civilian truck drivers in Iraq.
*Says it was awarded a contract by Statoil Tanzania. *To perform pre-feed studies for a prospective LNG facility in Tanzania;. project is expected to be completed during 2013..
*To provide license and design package for Oelfins recovery unit in Yulin,.
Jim Cramer’s researcher, Nicole Urken, highlights the best natural gas bets after a slew of news on the sector.
Cramer makes the call on viewers' favorite stocks.