Standard Oil

(Newser) - After more than a century, the Justice Department is dropping its effort to break up Standard Oil. A federal court was asked Tuesday to toss out the decree that required John D. Rockefeller to give up control of 37 subsidiaries that helped his company monopolize the oil industry, the Wall ...

(Newser) - BP may be the recipient of our collective scorn these days, but it's not the first company we've come to despise—and it doesn't even take top honors on the Most Hated list. The Daily Beast asked 10 financial historians to nominate and rank their picks for the worst company...

(Newser) - A shareholder revolt at Exxon Mobil by descendants of company founder John D. Rockefeller has failed to force management to split up the dual chairmanship and CEO roles of Rex Tillerson. The proposal to appoint an independent chairman in part to stimulate board debate about global warming garnered 40% of...