WELLINGTON, New Zealand— Smokers and polluters in New Zealand will get hit with higher taxes as part of the government's economic plan. The government plans to hike tobacco taxes by 46 percent over the next four years as it continues an ambitious campaign to eliminate smoking from the South Pacific nation by 2025. New Zealand is aiming to reduce its greenhouse... » Read More
Robotic submarines removed the cap from the gushing well in the Gulf of Mexico on Saturday, beginning a period of at least two days when oil will flow freely into the sea.
Here's what analysts and others say they're watching before the bell Friday.
In recent days, BP’s chief executive, Tony Hayward has been busy talking to the company’s top shareholders to convince them that BP can pay for the spill without jeopardizing growth. The New York Times reports.
Here's what analysts and others say they're watching before the bell Thursday.
Here's what analysts and others say they're watching before the bell Wednesday.
BP can "shrink and recover," if the relief wells work and they put enough of a "ring fence around their liabilities," Kenneth Hersh, the CEO of NGP Energy told CNBC.
In the "I'd never believe it if I didn't see it with my own eyes" category, BP once released a board game called "Offshore Oil Strike".
These two European companies have very unique perspectives on the challenges and opportunities that the world faces today.
BP's massive oil spill will become the largest ever in the Gulf of Mexico by Thursday based on the highest of the federal government's estimates, an ominous record that underscores the oil giant's dire need to halt the gusher.
Why the big money name thinks construction of the "relief" well is ahead of schedule.
The massive oil spill in the Gulf of Mexico has sparked more talk of a move to clean energy, and billionaire energy investor Boone Pickens, founder of BP Capital Management, is among those calling for action.
More than two months after the Deepwater Horizon sank, it is now clear the energy industry doesn't know exactly how to stop a blowout in deepwater or how to clean up a massive spill.
Despite all the skimmers and sweepers, most of the oil leaking into the Gulf of Mexico sinks to the bottom or washes up on the shore and then sinks down in shallow layers below the sand, profoundly restructuring the ecosystem. The change cannot be undone in a lifetime.
The company is making a serious mistake by being so secretive about the true nature of it capital needs.
How much do you know about the oil industry and the different types of oil out there? Take this quiz and find out.
Some of BP’s other trading partners, or counterparties, are asking for letters of credit from banks to guarantee that BP will make good on future trading debts, says one of the people familiar with the matter.
Gander Mountain charged that on co-branded cards—these are cards that can be used anywhere as a Gander Mountain Master Card—ADS won’t give credit to Gander Mountain customers with FICO scores above 800.
More than two thirds of major corporations globally plan to spend up to 5 percent of their revenues on carbon cutting initiatives over the next two years.
While oil companies have spent billions of dollars to drill deeper and farther out to sea, relatively little money and research have gone into finding new, improved ways to respond to oil spills in deepsea conditions like those in the Gulf of Mexico.
Cramer breaks down the biggest indicators of the markets that will unfold in the days to come.