Chesapeake Energy Corp. acknowledged on Monday that it has laid off employees at its corporate office.

The CEO of Chesapeake Energy Corp., under fire for taking a $75 million bonus while the company was losing billions, on Friday defended his leadership at one of the nation’s largest natural gas producers.

The chief executive of Chesapeake Energy, under fire for taking a $75 million bonus while the company was losing billions, defended his leadership at one of the nation’s largest natural gas producers. The company’s annual meeting was held today with four separate shareholder legal actions pending over the bonus awarded to CEO Aubrey McClendon.

The mid-Atlantic coast might sound, well, middling, but dont let the name fool you. Dominated by the massive Chesapeake Bay the largest estuary in the United States the region is a veritable playground for water (and seafood) lovers.

President Obama took a dramatic step to revive faltering efforts to clean up the Chesapeake Bay yesterday, issuing an executive order that could empower the federal Environmental Protection Agency to set a more demanding timetable and penalize states that fail to meet it.

MOUNT VERNON, Va. - Calling it "a national treasure," President Barack Obama today issued an executive order dedicated to cleaning up the Chesapeake Bay, putting the federal government at the head of efforts previously led by the states.

President Obama took a dramatic step today to revive faltering efforts to clean up Chesapeake Bay today, issuing an executive order that could empower the federal Environmental Protection Agency to set a more demanding timetable and penalize states that fail to meet it.

Chesapeake Energy on Monday again defended the $112.5 million payout for its CEO, calling it a “carefully tailored” incentive …

; Chesapeake Energy has posted a nearly $6 billion loss for the first quarter because of tumbling natural gas prices.