BP may have screwed over the entire nation with the Gulf oil spill but it's throwing a lifeline to one of the neediest groups — the unemployed.
About 6,000 claims in total have been filed against BP since its massive oil spill in the Gulf of Mexico.
Two global Eco disasters are evolving and being handled similarly: they continue to leak, and repair attempts have been ineffective. Residents, citizens, markets, and investors are losing confidence in ever seeing the promised rose gardens of repair and resolution.
Stocks advanced Tuesday after a report on Chinese exports blew past expectations, offering hope for the global recovery.
BP is in the midst of a hundred-year storm, and from the outside in, it doesn't appear they have any sort of plan.
The U.S. Department of Interior said Tuesday that oil has been leaking from a non-BP well into the Gulf of Mexico, but put the size of the leak at less than a barrel a day.
Fed Chairman Ben Bernanke's testimony before the House Budget Committee Wednesday could temporarily shift investor focus from Europe to the U.S. economy.
When investors let up on the oil-services stocks – and they will eventually – this international play should be one of the first to rebound.
Once again the market experienced late day volatility, but instead of a sell-off this time in the last hour of trading buyers pushed stocks to session highs.
In honor of our extended Halftime Report launch, Fast Money is profiling the trading icons that thrived between 9:30am and 4pm.
A widely regarded authority in the energy sector tells Fast Money, "“I don’t think BP will last as a company for more than a matter of months.”
"This has not been handled well." That assessment of BP's public relations campaign comes from Mike Sitrick, whose Sitrick & Co. is well known for its crisis management skills.
Stocks ended mostly higher after a late rally Tuesday as banks and materials rebounded. But tech stocks remained under pressure.
Stocks staged a late rally Tuesday as energy stocks made a comeback. But tech stocks fell after several downgrades.
Whitney Tilson of T2 Partners on why the oil company is his latest long position.
Media "hype" surrounding the BP oil spill is exacerbating the situation for Florida's tourist industry, said David Kong, president and CEO of Best Western, the world’s largest hotel chain.
Going green has made sense for many companies in the past years, and the proven benefit to the bottom line has begun to sink in gradually as companies battle tarnished reputations (BP, Goldman Sachs) and distrust in the marketplace. Suddenly, sustainability and going green are popular.
Stocks struggled to hold gains Tuesday after an early pop following comments from Fed Chairman Ben Bernanke.
Gold hit a record high above $1,250 an ounce on Tuesday as concern over Europe's economic outlook lifted risk aversion. Is there still room for investors? Richard Bernstein, CEO of Richard Bernstein Capital Management and a CNBC contributor, and Francisco Blanch, head of global commodity research at Bank of America Merrill Lynch Global Research, offered their insights.
President Obama said he wanted to know "whose a** to kick" over the Gulf of Mexico oil spill, adding to the pressure on energy giant BP as it sought to capture more of the leak from its gushing well. Do you think his words crossed the bounds of good taste, or were they appropriate under the circumstances? Share your opinion in our poll.