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A Justice Department official says negotiations with BP have been completed to ensure that the oil company follows through on a commitment to establish a $20 billion compensation fund for victims of the Gulf oil spill.
Lexington, Mass. and Colorado Springs, Colo. are taking radically different approaches to budget savings and the one implementing energy conservation is seeing a nice payoff.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Media coverage of the Gulf oil spill’s effect on the gulf has focused on tourist income lost by the waterfront towns with footage of empty beaches, restaurants and T-shirt shops dominates the news. Interviews with devastated business owners are heart-rending. But they always end with references to somehow hanging on until “things get back to normal.”
Unsafe drinking water is the world’s largest cause of disease and death. The United Nations Development Program has stated that every $1 invested in water and sanitation produces $9 in healthcare cost reduction and economic development.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
American taxpayers who spent $50 billion bailing out General Motors may see some returns, if the Obama administration allows it.
BP could decide later Wednesday whether to pump cement into its blown-out Gulf of Mexico oil well from the top and begin plugging the leak for good, a company executive said. 1st paragraph of story should go here
It’s pretty safe to say that BP has been the most-watched company in the world for the last 100+ days since the fire and subsequent oil spill in the Gulf of Mexico began.
Green Mountain and its rivals are beginning to wrestle with the pod waste issue and searching for ways to make the packaging greener.
Only about 26 percent of the oil from the Deepwater Horizon leak is still in the water or onshore, but most of it is diluted and breaking down rapidly, officials say. The NYT reports.
Nearly five million barrels of oil have gushed from BP’s well, federal scientists said, announcing the most precise estimates yet of the flow. The number would make it the biggest known spill into marine waters. The NYT reports.
Duke Energy reported better-than-expected earnings this morning, but James Rogers, Duke's chairman, president & CEO, told CNBC Tuesday that economic growth will be anemic over the next four or five years.
I have noticed that Apple delivers many familiar products and services in formats that are much lower in carbon content than the ones they replace, so maybe it can deliver an app that solves the problem of climate change and an energy inefficiency.
After insisting that a pair of costly relief wells were the only sure way to kill the Gulf oil leak, BP officials said Monday they may be able to do it with just lines running from a ship to the blown-out well a mile below.
An explosion on the Deepwater Horizon oil rig on April 20, ruptured a well head in the Gulf of Mexico, setting in motion one of the worst environmental disasters in U.S. history.
Following is a timeline of the Gulf of Mexico oil spill and its impact:
Corporate America has a lesson to learn here—we must act as though people’s lives and livelihoods depend upon our decisions. Because they do. The best defense against disaster, whether natural or man-made, is to take steps now to ensure your organization is safeguarded against accidents, fortified to withstand them, and buoyant enough to recover in their wake.
To rebuild BP's , advertising experts recommended that the company look beyond traditional media and take steps to build a relationship with the public through social media.
The SEC is closely looking at dates between April 20—when the oil explosion happened in the Gulf of Mexico—and late June—when the company was deeply engaged in trying to cap the oil well.