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  • Feb 19- A U.S. judge on Thursday rejected BP Plc's attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7 billion under the federal Clean Water Act. District Judge Carl Barbier in New Orleans agreed with the federal government that the maximum civil penalty that BP could...

  • NEW YORK, Feb 17- President Barack Obama's administration faces a difficult and possibly lengthy legal battle to overturn a Texas court ruling that blocked his landmark immigration overhaul, since the judge based his decision on an obscure and unsettled area of administrative law, lawyers said. The failure to do so, Hanen wrote, was a violation of the 1946...

  • *Department of Justice to appeal. WASHINGTON, Feb 17- President Barack Obama's administration on Tuesday delayed implementing his unilateral steps to shield millions of illegal immigrants from deportation after a judge blocked the actions at the urging of 26 states accusing Obama of exceeding his powers. District Judge Andrew Hanen in Brownsville, a city...

  • WASHINGTON, Feb 17- President Barack Obama's administration on Tuesday delayed implementing his unilateral steps to shield millions of illegal immigrants from deportation after a judge blocked the actions at the urging of 26 states accusing Obama of exceeding his powers. District Judge Andrew Hanen in Brownsville, a city along the Texas border with Mexico,...

  • WASHINGTON, Feb 17- A judge in Texas has temporarily blocked President Barack Obama's orders to shield millions of people who are in the United States illegally from deportation, backing 26 states that argued Obama had overstepped his legal authority. The White House said on Tuesday the Justice Department would appeal Monday's action by U.S.

  • WASHINGTON, Feb 17- A judge in Texas has temporarily blocked President Barack Obama's orders to shield millions of people who are in the United States illegally, backing 26 states that argued Obama had overstepped his legal authority. The White House said on Tuesday that the Department of Justice would appeal the action by U.S. District Judge Andrew Hanen in...

  • LONDON, Feb 16- What to make of last week's mass cancellations of zinc at London Metal Exchange warehouses in New Orleans? A similar round of heavy cancellations in late December created a "flash" load-out queue for zinc at New Orleans. The fact that Pacorini, the warehousing arm of physical trading giant Glencore, dominates LME warehousing in New Orleans, only...

  • Feb 13- A federal judge in Louisiana threw out a lawsuit Friday against more than 90 oil, gas and pipeline companies accused of collectively damaging the state's coastline, according to court records. The suit was filed in 2013 by the Southeast Louisiana Flood Protection Authority-East, accused the companies of destroying the state's fragile wetlands that...

  • NEW YORK, Feb 7- NBC News anchor Brian Williams said on Saturday he was taking himself off the evening newscast for several days, responding to intense criticism over his claims that he rode in a helicopter that was hit by a rocket-propelled grenade in Iraq a decade ago. Williams, a star anchor who has garnered high ratings for NBC, said he planned eventually to...

  • SAN FRANCISCO, Feb 5- Apple Inc's healthcare technology is spreading quickly among major U.S. hospitals, showing early promise as a way for doctors to monitor patients remotely and lower costs. Fifteen of 23 top hospitals contacted by Reuters said they have rolled out a pilot program of Apple's HealthKit service- which acts as a repository for...

  • Greek radicals play it safe with debt advisers Lazard Thursday, 5 Feb 2015 | 2:08 PM ET

    LONDON, Feb 5- Soon after politicians from the far-left Syriza party won power in Greece they said they had hired Lazard to advise them on restructuring their debt. Lazard cemented its position as the eminence grise of debt negotiations when it secured the biggest restructuring deal in history for Athens in 2012.. Geopolitical turmoil and economic shocks keep...

  • SAN FRANCISCO, Feb 5- Apple Inc's healthcare technology is spreading quickly among major U.S. hospitals, showing early promise as a way for doctors to monitor patients remotely and lower costs. Fourteen of 23 top hospitals contacted by Reuters said they have rolled out a pilot program of Apple's HealthKit service- which acts as a repository for...

  • HOUSTON, Feb 3- It may be months before a final verdict is issued on the size of the fine BP Plc will pay under the Clean Water Act for its 2010 Gulf of Mexico oil spill, lawyers said on Tuesday after the last phase of the trial ended. U.S. District Court Judge Carl Barbier in New Orleans, Louisiana, is scheduled to receive post-trial briefs from government prosecutors...

  • U.S. Supreme Court rejects BP executive's appeal Monday, 26 Jan 2015 | 9:41 AM ET

    WASHINGTON, Jan 26- The U.S. Supreme Court on Monday declined to hear an appeal by a former BP Plc executive who contested whether he can be charged with obstruction of Congress for downplaying the severity of the 2010 Gulf of Mexico oil spill. Prosecutors say David Rainey misled members of Congress over the amount of oil spilled in the April 2010 Deepwater...

  • The threats against Delta Air Lines flight 1156, coming from Portland, Oregon, and Southwest Airlines flight 2492, from Milwaukee, were deemed credible, said airport spokesman Reese McCranie. No bomb was found aboard the Delta flight while the Southwest flight was still being searched by explosives units, Federal Bureau of Investigation spokesman Special...

  • HOUSTON/ LONDON, Jan 16- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion dollars less than feared, after a judge ruled that it was smaller than the U.S. government claimed. BP's stock rose 2.4 percent in London by 0920 GMT on Friday, outperforming the broader energy index, as investors worried...

  • HOUSTON, Jan 15- BP Plc will face a maximum fine of $13.7 billion under the Clean Water Act for its Gulf of Mexico oil spill, several billion less than feared, after a judge found on Thursday the size of the spill was smaller than the U.S. government claimed. The ruling by federal magistrate Carl Barbier put the size of the worst offshore spill in U.S. history in 2010 at...

  • Jan 9- BP Plc and Anadarko Petroleum Corp narrowly failed to persuade a U.S appeals court to reconsider its 2014 ruling that they could face civil fines under federal pollution laws over the 2010 Gulf of Mexico oil spill. By a 7-6 vote, the 5th U.S. Circuit Court of Appeals let stand a three-judge panel's decision to uphold a 2012 ruling from U.S.

  • Home@ LONDON, Jan 7- A new year it may be but the London Metal Exchange will spend a large part of it grappling with the same old problems afflicting its global warehousing system. Waiting times to remove metal from log-jammed locations will have flexed out again over the course of December, given last month's large cancellations of aluminium at the Dutch port of...

  • The backlog to remove aluminium from Detroit, the most acutely impacted location, shrank by 30 days to 641 days, while the wait to remove other metals stuck behind the wall of aluminium fell from 111 to 93 days. A "flash" queue to load out zinc at New Orleans, meanwhile, almost disappeared in November, dwindling to just 10 days from 71 days at the end of September.