GO
Loading...

Enter multiple symbols separated by commas

New Orleans

More

  • NEW ORLEANS— More than five years after the worst offshore oil spill in U.S. history fouled beaches, coated seabirds in thick goo and threatened delicate marshes, BP has agreed to pay a record settlement to affected states in hopes of bringing an end to a legal drama that has cost the company billions. Federal and state government officials touted the...

  • NEW ORLEANS— Most of the $18.7 billion proposed settlement that BP reached over its 2010 Gulf of Mexico oil spill would go to five Gulf Coast states, if the deal is approved by a judge. Florida would receive $3.25 billion, with about $2 billion for economic loss and the rest distributed throughout the state to environmental projects such as beaches and piers.

  • HOUSTON, July 2- BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. Under the agreement with the U.S. Department of Justice and the states, BP will pay at least $12.8 billion for Clean Water Act...

  • HOUSTON, July 2- BP Plc has reached an $18.7 billion deal with the U.S government and five states to settle litigation stemming from its deadly 2010 Gulf of Mexico oil well blowout and explosion that killed 11 men and unleashed the worst spill in U.S. history. It also seeks to resolve environmental and economic damage claims by Louisiana, Mississippi, Alabama,...

  • July 2- BP has reached an $18.7 billion settlement of damages claims from the U.S. government and five states after the 2010 Gulf of Mexico oil spill. PAVEL MOLCHANOV, ANALYST AT RAYMOND JAMES:. "The total amount-- $18.7 billion-- obviously is a massive payout, but it's spread over 15 to 18 years, making it quite manageable from a cash flow standpoint.

  • July 2- BP Plc has reached a comprehensive $18.7 billion settlement with the U.S. government and five states, a landmark deal that effectively ends years of litigation over environmental damage and human casualties caused by the 2010 Gulf of Mexico spill. Clean Water Act fines and natural resources damages, along with claims by Alabama, Florida, Louisiana,...

  • NEW ORLEANS— BP and five Gulf states announced a record $18.7 billion settlement Thursday that resolves years of legal fighting over the environmental and economic damage done by the energy giant's oil spill in 2010.. When the Deepwater Horizon oil rig exploded in April 2010, it killed 11 people and spread miles of black oil across the Gulf Coast before the...

  • NEW ORLEANS— Gulf states reach $18.7 billion settlement with BP over 2010 Deepwater Horizon oil spill.

  • Colleges brace as top court weighs race in admissions Wednesday, 1 Jul 2015 | 10:35 AM ET
    The U.S. Supreme Court Building in Washington.

    After SCOTUS said it would revisit an affirmative action case, colleges expressed concerns about the potential costs of replacing diversity programs.

  • June 30- A former BP Plc engineer deserves a new trial on an obstruction of justice charge related to the 2010 Gulf of Mexico oil spill, a federal appeals court ruled on Tuesday. The 5th U.S. Circuit Court of Appeals in New Orleans agreed with a lower court judge's decision last June to throw out the defendant Kurt Mix's December 2013 conviction.

  • Appeals court: Former BP engineer should get new trial Tuesday, 30 Jun 2015 | 1:58 PM ET

    NEW ORLEANS— A former BP engineer is entitled to a new trial on an obstruction of justice charge stemming from an investigation of the 2010 Gulf of Mexico oil spill, a federal appeals court ruled Tuesday. The 5th U.S. Circuit Court of Appeals upheld a lower court ruling that granted Kurt Mix a new trial because of jury misconduct in his 2013 trial.

  • WASHINGTON, June 29- The U.S. Supreme Court on Monday rejected bids by BP Plc and Anadarko Petroleum Corp to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill. The high court left in place a June 2014 ruling by the New Orleans- based 5th U.S. Circuit Court of Appeals, which said the companies were liable for civil...

  • WASHINGTON, June 29- The U.S. Supreme Court on Monday rejected bids by BP Plc and Anadarko Petroleum Corp to avoid penalties under federal pollution law in connection with the 2010 Gulf of Mexico oil spill.

  • NEW ORLEANS— The Supreme Court won't hear appeals from BP and Anadarko Petroleum Corp. over Clean Water Act fines for the 2010 Gulf of Mexico oil spill. The justices on Monday let stand a lower court ruling that said the owners of the blown-out Macondo well could not avoid federal fines for the spill by blaming another company's failed equipment.

  • Supreme Court will re-hear Texas affirmative action Monday, 29 Jun 2015 | 9:35 AM ET

    WASHINGTON— The Supreme Court said Monday it will dive back into the fight over the use of race in admissions at the University of Texas, a decision that presages tighter limits on affirmative action in higher education. The case began in 2008 when Abigail Fisher, who is white, was denied admission to the University of Texas's flagship Austin campus because she...

  • Fastest rising rents in US? Jackson, Mississippi Tuesday, 23 Jun 2015 | 12:05 AM ET

    WASHINGTON— Home rental prices are climbing across much of the United States— with the biggest gains coming from not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine. Rents still are rising at double-digit rates in Denver, San Francisco and San Jose, California, with their job opportunities drawing new residents at a faster pace than...

  • June 18- The U.S. Department of Justice said on Thursday that 243 people have been arrested across the country, charged with submitting fake billing for Medicare, a government healthcare program, that totaled $712 million. The charges are based on a variety of alleged fraud schemes, the government said, including submitting claims to Medicare and Medicaid, the...

  • June 6- Three more tendons designed to link Chevron Corp's Big Foot deepwater oil project to the Gulf of Mexico seabed have sunk, escalating concerns about how long it will take for the project to start. Gulf of Mexico, to produce 75,000 barrels of oil and 25 million cubic feet of natural gas per day once it opens. The San Ramon, California- based company said it had set...

  • June 3- Republican Louisiana Governor Bobby Jindal will make a "major announcement" about his 2016 plans in New Orleans on June 24, NBC reported. He has already made frequent visits to key primary states and launched a presidential exploratory committee, NBC said. Jindal, who is Indian American, has served as the governor of Louisiana since 2008..

  • June 2- Chevron Corp has deployed robots on the seafloor near its Big Foot deepwater oil project, aiming to find just how much damage it must contend with after six giant tendons sank and indefinitely delayed the start of production at the platform. The site, 225 miles south of New Orleans in the U.S. Wells Fargo analyst Roger Read said on Tuesday the setback was "...