Energy Update
April 20 (Reuters) - BlackRock Inc, one of the world's largest asset managers, agreed to pay $12 million to resolve civil charges that one of its unit failed to disclose a conflict of interest created by one of its top portfolio managers.
April 20 (Reuters) - BlackRock Inc, one of the world's largest asset managers, agreed to pay $12 million to resolve U.S. Securities and Exchange Commission charges that a unit failed to disclose a conflict of interest created by the outside business activity of a top portfolio manager.
CALGARY, Alberta, April 20 (Reuters) - Intermediate producer Legacy Oil + Gas formed a special committee on Monday to deal with hedge fund FrontFour Capital's move to gain seats on its board, the first major case of shareholder activism in Canada's oil patch since last year's sharp drop in crude prices.
MEXICO CITY, April 20 (Reuters) - Chinese companies are turning their backs on Mexico in a chill that could last years, spooked by the cancellation of two high-profile projects that were supposed to usher in a new era of business between the manufacturing rivals.
LOS ANGELES, April 20 (Reuters) - Steven Polasck of Corpus Christi, Texas, liked math and science in high school. He considered attending a four-year college but ultimately decided to use his strengths to get a two-year degree in instrumentation from Texas State Technical College.
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