(Photo: Fotolia)

Oil price jumps as Seaway pipeline launches

on
The Seaway expansion now carries the glut of oil at the Cushing, Okla. hub to Gulf Coast refineres, helping to lift prices of West Texas Intermediate crude. Forecasts of cold weather in the Northeast also are boosting crude.
The Deepwater Horizon drilling rig burns in the Gulf of Mexico on April 21, 2010, the day after the blowout of BP's Macondo well. (Associate Press photo)

Judge gets sentence recommendation for BP

on
The report and recommendation were filed in federal court in New Orleans late Monday.

Dell shares surge amid buyout hopes

on
US technology group’s stocks rise 13% despite concerns over likelihood of $21bn deal in present economic climate
Categories: Uncategorized
(Image: Fotolia)

Lawyers trade accusations in fight over gas additive

on
The $700 million case against Citgo and ExxonMobil, accusing the companies of contaminating more than 40,000 wells in New Hampshire with the fuel additive MTBE, launched Monday with attorneys exchanging charges of nefarious legal moves.

Gun lobby releases 3D shooting game app

on
The influential pro-gun lobby group releases an app that includes a 3D shooting game, stirring controversy as the country debates new gun regulation
Categories: Uncategorized
Former BP engineer Kurt Mix leaves the federal courthouse after a hearing in April.  (AP Photo/Pat Sullivan, File)

Federal judge delays ex-BP engineer’s trial

on
Kurt Mix’s trial was scheduled to start Feb. 25, but U.S. District Judge Stanwood Duval Jr. moved it to June 10.
Categories: Gulf oil spill

New year rally stalls as Wall Street dips

on
Global stocks started the week at a fresh 19-month high but the new year rally is struggling for traction despite a sharp rise in Shanghai
Categories: Uncategorized

JPMorgan under fire for ‘whale’ errors

on
Office of the Comptroller of the Currency criticises bank for risk management failures after multibillion-dollar loss on credit derivatives
Categories: Uncategorized

BlackRock to name new China chief

on
World’s largest asset manager hires former Goldman Sachs partner Wang Hsueh-ming amid moves by China to make its capital markets more investor-friendly
Categories: Uncategorized

Online activist’s death prompts call for reform

on
Social media channels and blogs erupted with a debate over who should have access to information and to what extent government prosecutors should police these online services
Categories: Uncategorized