The first named storm of the Atlantic hurricane season is posing an uncertain threat to the Gulf of Mexico, even as efforts to contain the worst oil spill in U.S. history are set to ramp up.
The first named storm of the Atlantic hurricane season was on track on Saturday to reach the Gulf of Mexico within days, a potential threat to containment and cleanup of the worst ever U.S. oil spill.
The first named storm of the Atlantic hurricane season was on track on Saturday to reach the Gulf of Mexico within days, a potential threat to containment and cleanup of the worst ever U.S. oil spill.
President Barack Obama was expected to focus on the Gulf of Mexico oil spill disaster in talks on Saturday with Britain's new leader, even as the first named storm of the Atlantic hurricane season threatened to disrupt containment and cleanup efforts.
The first named storm of the Atlantic hurricane season threatened on Saturday to veer toward the Gulf of Mexico within days, posing a new threat to containment and cleanup of the worst U.S. oil spill in history.
Four days after U.S. securities regulators charged Goldman Sachs Group with civil fraud, Ash Williams, the top administrator for Florida's $138 billion in public investments, wanted to talk to someone at the Wall Street firm.
Some of the states hit hardest by the slump in housing prices will be able to tap into a special $1.5-billion fund on Wednesday that is intended to head off some foreclosures.
Verizon Communications will let customers try its FiOS Internet and television service for a month without charging them fees for early contract termination if they switch off the service after that.
BP shares gained in London on Friday after its boss survived a bruising encounter with U.S. lawmakers and as hopes rose its $20 billion oil spill compensation and clean-up fund will cap public anger.
BP Plc bosses weathered a week of anger in Washington but the energy giant's financial outlook faces renewed scrutiny from investors trying to gauge remaining costs and risks from the biggest oil spill in U.S. history.
Web.com Group Inc said it agreed to acquire privately-held domain name registration provider Register.com for $135 million, in a deal that will immediately add to the online marketing company's adjusted earnings.
Top competitors are expected to distance themselves from BP Plc on Tuesday as normally clubby oil industry executives gather for a Capitol Hill grilling on the worst oil spill in U.S. history.
A pilots' strike at Spirit Airlines prompted the carrier on Monday to extend flight cancellations through mid-week, with shares of rivals moving higher on prospects of more business.
Privately held Spirit Airlines said on Sunday it has canceled flights for the next few days as a pilots' strike continued.
Pilots at Spirit Airlines went on strike on Saturday after U.S.-mediated contract talks failed to reach an agreement, a small-carrier stalemate that could influence workers at bigger carriers.
Goldman Sachs Group Inc's mounting legal and regulatory woes stemming from the firm's sale of subprime mortgage-linked securities are turning into gold for a growing number of lawyers in New York and Washington.
U.S. regulators seized three more troubled banks on Friday, including TierOne Bank of Lincoln, Nebraska, ticking up the total so far this year to 81 failures.
U.S. stocks could face further pressure next week unless investors get some relief from worries about Europe, jobs and the toll they might take on the economic recovery.
Actor and environmentalist Robert Redford has weighed in on the U.S. oil spill crisis, condemning efforts by major energy companies to promote their environmental credentials and use their money to influence their parrots in Congress.
(Corrects title of NRDC in paragraph 2)Actor and environmentalist Robert Redford has weighed in on the U.S. oil spill crisis, condemning efforts by major energy companies to promote their environmental credentials and use their money to influence their parrots in Congress.
Here are developments in the Gulf of Mexico oil spill, the largest in U.S. history:
BP Plc hit a snag in its latest effort to curb the Gulf of Mexico oil spill as the British energy giant's shares stabilized on Wednesday and parts of the huge oil slick threatened Florida.
