At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
(NYSE: CVX)and Transocean (NYSE: RIG)are being sued by federal prosecutors in Brazil for an alleged drilling accident that caused an oil spill in Atlantic waters off the Brazilian coast. The companies could be forced to pay $11 billion, or $3.5 million per barrel spilled, compared to just $8,000 per barrel that BP (NYSE: BP)paid for last year's spill in the Gulf of Mexico.
- An Israeli newspaper reports that Apple
(Nasdaq: AAPL)will open a research and development center in Israel that will focus on semiconductors.
- BlackBerry maker Research In Motion
(Nasdaq: RIMM)is struggling with the Indonesian government over a rule that would require the smartphone maker to build local data centers.
Fool contributor Tamara Rutter does not own any positions in the stocks mentioned here. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Microsoft, Apple, and Transocean. Motley Fool newsletter services have recommended buying shares of Apple, Chevron, and Microsoft, as well as creating bull call spread positions on Microsoft and Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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