Catastrophe
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LONDON, May 23- A group of U.S. accountancy professors is backing BP's fight to rein in compensation it has to pay for the 2010 Gulf of Mexico oil spill, which is threatening to add billions of dollars to its growing bill for the disaster.
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LONDON, May 23- A group of U.S. accountancy professors is backing BP's fight to rein in compensation it has to pay for the 2010 Gulf of Mexico oil spill, which is threatening to add billions of dollars to its growing bill for the disaster.
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Deutsche Bank analyst Joshua Shanker said Wednesday that the devastating tornado in Oklahoma should have limited impact on Allstate Corp.. The analyst said in a research note that Monday's tornado strike will likely cost Allstate $100 million to $300 million in pre-tax losses.
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Dave Boyce, Fundly CEO, explains how his company helps people raise funds for relief efforts.
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CNBC's Jane Wells takes a look at the clean-up and recovery efforts in the aftermath of a deadly tornado that devastated the Oklahoma City area.
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Monster. That's what they're calling the tornado that barreled through the Oklahoma City area. Here are heartbreaking scenes.
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Here's a look at how the devastating Oklahoma storm compared to some of the deadliest tornadoes in U.S. history.
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The death toll has now dropped from 51 to 24, but some expect that number to rise, reports CNBC's Jane Wells.
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The death toll is expected to rise, reports The Weather Channel's Jim Cantore, as the search continues for survivors after yesterday's devastating twister swept across the Midwest.
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President Obama promised to make available all necessary government resources to Oklahoma to help in the rescue and recovery effort in the aftermath of a devastating tornado.
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Our focus is on the urgent work of rescue, said President Obama commenting on efforts to provide relief for Oklahoma after a devastating Tornado destroyed neighborhoods, and left at least 51 people dead, 20 of them children. And, CNBC's John Harwood, reports on the clean-up efforts.
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NEW YORK-- CBS has taken the scheduled season-ending episode of "Mike& Molly" off the air because its plot line revolved around a tornado threatening the couple. CBS said the show's season finale will air "at an appropriate date." CBS is owned by CBS Corp..
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The deadly twister stayed on the ground for nearly an hour yesterday, and now emergency teams are searching for survivors and working through miles of debris, reports CNBC's Jane Wells.
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Gov. Mary Fallin, (R-OK), talks with CNBC's Jane Wells, about the ongoing efforts to find victims in the aftermath of yesterday's deadly tornado that left 51 people dead.
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After yesterday's tornado activity, more are expected on Tuesday in Texas and Arkansas, reports Alex Wallace, The Weather Channel.
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A monstrous storm flattened entire neighborhoods in the suburbs of Oklahoma City, reports CNBC's Mary Thompson. And, Chuck Watson, Kinetic Analysis, provides early analysis on the damage.
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The city of Moore, Oklahoma is in recovery mode after a deadly tornado left 51 people dead in its aftermath, reports CNBC's Jane Wells.
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Rep. James Lankford, R-Okla., provides details of the damage and devastation left in the wake of a deadly tornado that ripped through his home state.
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Forecasters are warning additional "large and devastating" tornadoes are possible today, reports CNBC's Jane Wells.
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JAKARTA, May 21- Freeport McMoRan Copper& Gold Inc's Indonesian mine could face a prolonged closure and scrutiny over its underground mining plans after one of the country's worst-ever mining disasters, analysts and mining sources said.
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*Tornado strikes area of Habitat for Humanity homes. GRANBURY, Texas, May 16- At least six people were killed when a powerful tornado ripped through a neighborhood including a Habitat for Humanity low income housing area in the north Texas town of Granbury on Wednesday, marking the deadliest severe storm outbreak in the United States this year.