| Halliburton ordered to pay $18.3 mln in pending overtime wages | |
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Sept 22 (Reuters) - Oilfield services provider Halliburton Co has agreed to pay $18.3 million total to over 1,000 U.S. employees in pending overtime wages, the U.S. Labor Department said. Halliburton, which was investigated as part of a multi-year compliance initiative in the oil and gas industry in the Southwest and Northeast, incorrectly categorized employees in 28 job positions as exempt from overtime, the department said on Tuesday. (http://1.usa.gov/1PoCMMb) (Reporting by Anannya Pramanick in Bengaluru; Editing by Kirti Pandey)
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Halliburton is a and oil producing company based in United states of america. Halliburton is listed in United States of America. Its market capitalisation is US$ 33.4 billions as of today (€ 31.2 billions). Its stock quote reached its lowest recent point on January 25, 2002 at US$ 10.06, and its highest recent level on April 26, 2024 at US$ 38.54. Halliburton has 867 249 984 shares outstanding. |