DALLAS — Exxon Mobil Corp. is squaring off against government investigators who believe the energy giant covered up knowledge of how fossil fuels contribute to climate change. Exxon went to state court this week in Texas to quash a subpoena issued last month by the V.I. Attorney General Claude Walker.
By MEGAN McARDLE/SPECIAL TO THE V.I. FREE PRESS CHRISTIANSTED — The Competitive Enterprise Institute is getting subpoenaed by V.I. Attorney General Claude Walker to cough up its communications regarding climate change. The scope of the subpoena is quite broad, covering the period from 1997 to 2007, and includes, according to
MIAMI — Claudio Hidalgo joins Sprint as president of the Florida, Puerto Rico and U.S. Virgin Islands Region. Based in Miami, he will be responsible for sales strategy, network oversight, customer service, marketing communications and general operations supporting the full portfolio of Sprint products and services from enterprise to consumer
ROAD TOWN, Tortola, BVI — A thriving financial services industry that evolved over the last 30 years in the British Virgin Islands made it one of the most popular places in the world to form a corporation, turning a sleepy cluster of Caribbean islands into a global hub of finance.
CHARLOTTE AMALIE — Gov. Kenneth Mapp approved tax benefits for a medical laboratory and three financial services firms. He recently signed off on agreements reached by the V.I. Economic Development Authority with Castle Medical, CD Paradise Holdings, Alpha Mortgage Advisors and Prosperitas Holdings. Castle Medical on St. Thomas will offer
PHILLIPSBURG — The Sint Maarten Nature Foundation has uncovered numerous shark-related products, including shark fin soup, being sold at various establishments around Sint Maarten. Over the past few weeks, the foundation made an inventory of shark products being sold at restaurants, supermarkets and individual stores at various locations. “Unfortunately, we
CHRISTIANSTED — VIGL Operations, LLC has been trying to obtain a Level 4 casino license for its Caravelle Hotel, which is to be opened in St Croix, US Virgin Islands. There are quite a few stipulations for obtaining a Level 4 casino license in the Christiansted and Frederiskted Enterprise Zones,
ROAD TOWN, Tortola, BVI — Stashing money overseas isn’t just for criminals. Legitimate banks and law firms have entire departments devoted to moving wealth offshore. They call it “aggressive tax planning” or “tax avoidance” and it’s perfectly legal — though it costs Canada an estimated $6 billion to $7.8 billion
U.S. Secretary of the Interior Sally Jewell recently met with the Steering Committee of the U.S. Virgin Islands (USVI) Climate Change Council to underscore the Obama Administration’s support to help communities prepare, plan and build capacity as they assess vulnerabilities and risks to climate change. During the meeting, Jewell also
CHRISTIANSTED – Tired of watching Anthony Bourdain jet off to exotic locations around the globe and eating food from places you’re not sure you can afford to visit? Don’t have the $1,500 it costs to fly from the 10,185 miles from St. Croix to Vietnam? Well, Bourdain’s current favorite destination