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  • HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

  • Entergy 2Q profit climbs 16 percent Tuesday, 29 Jul 2014 | 8:50 AM ET

    NEW ORLEANS— Entergy Corp. on Tuesday reported earnings that rose by 16 percent in its second quarter, and fell short of analysts' expectations. The New Orleans- based company said profit after paying preferred dividends increased to $189.4 million, or $1.05 per share, from $163.7 million, or 92 cents per share, in the same quarter a year earlier.

  • LONDON, July 29- On the surface at least, much has changed in the London Metal Exchange warehousing business over the past year. The exchange has much more work to do if it wants to rectify a delivery system that has ruptured relations with some of its users and generated a spate of lawsuits in the United States.

  • Gulf oil spill: Ex-BP engineer's retrial postponed Tuesday, 22 Jul 2014 | 6:30 PM ET

    NEW ORLEANS— The August retrial of a former BP engineer accused of obstructing justice in an investigation of the 2010 Gulf of Mexico oil spill has been postponed while an appeals court decides whether a judge was right to throw out his earlier conviction.

  • New Orleans putting smoked butts in a better place Monday, 21 Jul 2014 | 2:55 PM ET

    Developers of the program say New Orleans is the first U.S. city to participate in a large-scale recycling effort launched in Canada last year. Trenton, New Jersey- based recycling company TerraCycle Inc. developed the program in 2012. The first citywide receptacles were placed in Vancouver, British Columbia, in November 2013.

  • Judge finds Chinese drywall maker in contempt Friday, 18 Jul 2014 | 5:57 PM ET

    NEW ORLEANS— A federal judge has ordered a China- based maker of drywall to pay $55,000 in penalties and attorney fees— and to stop doing business in the United States— as punishment for refusing to take part in court proceedings over harm allegedly done by the product. District Judge Eldon Fallon found Taishan Gypsum Co. Ltd. in contempt of court.

  • UPDATE 1-U.S. court revives BP retirement-plan lawsuit Tuesday, 15 Jul 2014 | 8:07 PM ET

    July 15- A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans claimed they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

  • July 15- A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

  • Carbo Ceramics Inc, a Houston- based oil services company that is the world's largest producer of tiny ceramic balls that can boost the production of fractured wells, may hold the answer.

  • LONDON, July 1- Zinc's on a roll again. On the London Metal Exchange three-month zinc has this week hit a 16- month high of $2,222 per tonne, eclipsing a first-quarter rally which stalled just shy of the $2,150 mark.

  • YOUR MONEY-What would you do with $100,000? Monday, 30 Jun 2014 | 11:59 AM ET

    NEW YORK, June 30- What would you do if you suddenly got $100,000, no strings attached? With $30 trillion set to change hands from one generation to the next over the next 30 years, many others will find themselves in a similar position, according to Accenture.

  • June 30- Victims of the Ponzi schemes of Bernard Madoff and Allen Stanford, two of the largest in U.S. history, suffered setbacks on Monday as the U.S. Supreme Court refused to hear appeals in two cases seeking to recoup more money for them.

  • June 30- Victims of the Ponzi schemes of Bernard Madoff and Allen Stanford, two of the largest in U.S. history, suffered setbacks on Monday as the U.S. Supreme Court refused to hear appeals in two cases seeking to recoup more money for them.

  • BP wants 'windfall' Gulf spill payments back Friday, 27 Jun 2014 | 6:41 PM ET

    BP has asked a U.S. judge to direct what it called a "vast number" of businesses to repay hundreds of millions of dollars awarded as compensation.

  • June 12- An engineer convicted of obstructing justice in connection with the 2010 BP oil well blowout in the Gulf of Mexico won a new trial on Thursday. District Judge Stanwood Duval of New Orleans tossed out his December conviction of Kurt Mix, a former BP Plc employee, and concluded that conduct by one of the 12 jurors meant he did not have an impartial jury.

  • NEW YORK, June 9- A federal judicial panel ruled on Monday that lawsuits against General Motors Co from customers who say they suffered economic damages from a recall over faulty ignition switches will be heard in New York.

  • WASHINGTON, June 9- The U.S. Supreme Court on Monday declined to block payments BP PLC is required to pay to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while the company appeals a lower court ruling. There was no immediate comment from BP on Monday's decision.

  • U.S. top court denies BP stay request Monday, 9 Jun 2014 | 11:21 AM ET

    WASHINGTON, June 9- The U.S. Supreme Court on Monday declined to block payments BP PLC is required to pay to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while the company appeals a lower court ruling.

  • GM faulty-switch cases sent to New York court Monday, 9 Jun 2014 | 11:08 AM ET

    NEW YORK, June 9- A federal judicial panel on Monday ruled that lawsuits against General Motors Co over economic damages allegedly caused by a recent recall for faulty ignition switches will be heard in Manhattan.

  • June 4- A U.S. appeals court on Wednesday said BP Plc and Anadarko Petroleum Corp must face penalties under federal pollution laws in connection with the 2010 Gulf of Mexico oil spill, which could expose the companies to billions of dollars in potential fines.