Greek shipping companies fined $1.5M for pollution, cover-up

A federal judge in Seattle on Friday ordered two companies owned by a Greek shipping magnate to pay $1.5 million after a jury found that a cargo ship deliberately pumped oil-polluted water into the ocean, then repeatedly lied and falsified records in an effort to deceive inspectors with the U.S. Coast Guard.

Schlumberger Profit Falls Sharply

Schlumberger Ltd. said its third-quarter earnings fell 82% on lower revenue and expenses related to the oil-field services acquisition of Cameron International Corp. earlier this year.

Germany readies $26 billion fund for nuclear waste disposal

The German government has approved a plan that will see operators of the country's nuclear power plants pay some 23.5 billion euros ($26 billion) into a fund to finance the storage of radioactive waste as Germany exits atomic energy.