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.
So there you have it -- the top financial stories of the day. If you're interested in getting all the news and commentary on these stocks, sign up for My Watchlist -- it's free!