BP agreed to plead guilty to 11 felony criminal charges and one misdemeanor charge, and to pay the fine over five years.
Pluristem Therapeutics, Facebook Inc, ARM Holdings Plc, Francesca's Holdings Corp, BP Plc, Nokia Corp, Alcatel Lucent SA, Capital One Financial Corp, Netflix and Lennar Corp. are among the companies whose shares are moving in pre-market trading Wednesday.
The road to recovery for New Orleans has been as long and winding as the Mississippi River that snakes through town, but the people of this city are ready for the world to see what they've known for a while: The place is vital again.
Local campaigners have compared the potential impact of the mine's effluent to BP's Gulf of Mexico disaster and the Exxon Valdez oil spill, saying the region's fish stocks will become unsellable if the project goes ahead.
The British banking giant announced it was earmarking $700 million for laundering roughly $30 billion in drug and terrorism money around the world.
This time, China's bid is unlikely to be blocked by the government, as its attempted takeover of Unocal was seven years ago
The study, conducted by Sony Electronics and Nielsen television research, measured the most impactful moments in TV history based on participants' recollections of televised events. The results were compiled through an online survey of 1,077 adults selected at random by Nielsen, the company that measures TV ratings.
A federal jury in New Orleans rejected Thursday claims that Kevin Costner and his business partner swindled Stephen Baldwin and a friend out of millions of dollars from a BP contract for oil cleanup devices after the 2010 Gulf of Mexico spill.
As a weak economic recovery and cheaper gasoline alter the travel plans of Americans from international trips to domestic jaunts, the Gulf Coast could be a big winner.
The central character in Aaron Sorkin's coming HBO drama 'The Newsroom' is a registered Republican, but he doesn't advertise it.
As a weakening economic recovery and cheap gas lead Americans to curtail international vacations, domestic tourism is poised for a solid summer.
The 2010 Gulf Coast oil spill may prove to be a jobs booster for the region, if money paid in damages is spent to restore the Gulf's coast.
Brazil's oil regulator announced Monday it could affix a fine Chevron Corp., would have to pay for a November oil spill off the coast of Rio de Janeiro by this summer.
Chinese oil company CNOOC said the localsubsidiary of U.S. oil company ConocoPhillips is cleaning up a small and contained oil spill, on the site where a much larger spill occurred last year.
The Bureau of Safety and Environmental Enforcement will be conducting a series of possibly unannounced equipment inspections and on-water drills to test the oil spill responsiveness of companies planning to operate off the coast of Alaska in the Arctic Ocean.
The Department of the Interior on Thursday called for a deepwater oil and natural gas containment exercise, designed to test the oil industry's readiness and capacity to respond to a future accident like the Deepwater Horizon in the Gulf of Mexico.
Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore wells is a dry hole.
Brazilian naval authorities are investigating yet another oil sheen seen floating near a platform owned by state oil company Petrobras.
Federal judge Jane Triche Milazzo has recused herself this week from the first criminal case stemming from BP's Deepwater Horizon 2010 oil spill.
Brazilian oil company Petrobras, which helps U.S.-based Chevron develop offshore oil fields in Brazil, said regulators there are not likely to shut down Chevron's operations in the Frade oil field in the wake of oil spills.
Newly-released BP oil spill photos show the sad impacts the disaster had on sea turtles and other animals two years ago.
Former BP engineer Kurt Mix pleaded not guilty Thursday in a federal court in New Orleans to charges that he deliberately destroyed evidence requested by authorities probing the 2010 oil spill in the Gulf of Mexico.