company officials

Shell has spent more than $3.5 billion on federal leases and preparations to drill in the Beaufort and Chukchi seas.

Company officials are trying to demonstrate that it can not only drill responsibly, but also clean up an oil spill if something goes wrong.

But environmental groups say it's not worth the risk.

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A year after filing for bankruptcy, General Motors is preparing to seek SEC permission to start selling stock again.

Company officials say shares might start trading as early as this fall. GM's talk of an initial public offering comes after an encouraging year for the company.

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Even if the latest plan -- to cut the leaking pipe and cap it -- works, attempts to capture the oil might fall short, and company officials say the spill may not be stopped until relief wells are completed in August.

But the prospect of waiting two more months has those who live, work and play along the Gulf Coast fuming.

Sony Corp. introduces two new devices to the world of digital book readers on Wednesday. Company officials say they hope to put Amazon and its Kindle on the defensive.

Sony's two new e-book devices are the Reader Touch Edition and the Reader Pocket Edition

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