SETTLEMENT

A union representing the support staff at Canada's largest airliner -- which includes 8,600 mechanics, cargo agents, baggage handlers and maintenance staff -- said it would strike against its patron starting Monday, after having rejected a government-mediated four-year contract deal for its members. Government intervention is seen likely

The five permanent members of the U.N. Security Council met on Wednesday to draft a new resolution in hopes of ending nearly a year of violence in Syria.

Gold regained some ground Wednesday as jewellers in Asia snapped up the metal after prices dropped 2 percent in the previous session, but investors were cautious because of lingering fears about a possible Greek default.

The U.S. Energy Information Administration believes there are 4 billion barrels of proven reserves of oil within U.S. waters of the Gulf of Mexico and more than 12,000 billion cubic feet of natural gas.

Switzerland has a message for Americans looking for tax shelter: Go home. The Swiss Parliament's lower house voted to amend a tax treaty with the U.S. Monday to make American taxpayers with Swiss accounts easier to identify.

Dick's Sporting Goods (NYSE: DKS) on Tuesday matched expectations for its fourth-quarter net income, bolstered by an increase in the number of stores.

A Brooklyn mother of two who had her hands and feet amputated as a result of a hospital's negligence has won a $17.9 million settlement from the hospital and the city. 35-year-old Tabitha Mullings will receive $9.4 million from Brooklyn Hospital Center and $8.5 million from the city after a three-year legal battle, according to the NY Daily News.

Christie Brinkley and Peter Cook have been divorced since 2008, but the ex-couple are engaged in a bitter fight once again.

Traders throughout the world welcomed BP's settlement news Monday with the company's stock hitting its highest level in more than a year.

Japan's Nikkei share average is expected to test 9,800 for a fourth straight session on Monday as yen weakness against the dollar is likely to boost risk appetite, although some market players say technical indicators point to a correction.

Natural catastrophes in the United States caused $35.9 billion in insured losses last year, significantly higher than the 2000-2010 annual average of $23.8 billion (in 2011 dollars). The Insurance Information Institute has some advice to speed the insurance-claims settlement process, should one of them happen in your neighborhood.

Late Friday night, BP announced that a $4.7 billion settlement had been reached with individual plaintiffs who sought damages related to the 2010 Gulf of Mexico oil disaster.

BP PLC said early Saturday that it has agreed to a $7.8 billion deal with a committee representing plaintiffs to settle claims by fishermen and other private claimants who were adversely affected by the massive oil spill in the Gulf of Mexico caused by the Deepwater Horizon disaster in 2010.

BP PLC and plaintiffs in the largest lawsuit filed in the wake of the Deepwater Horizon oil-spill disaster in the Gulf of Mexico in 2010 have agreed on the terms of a proposed class settlement, according to an order signed late Friday by the judge handling the case.

Things are getting ugly as Apple’s March 7 event draws closer. The event is highly expected to display, for the first time, the Apple iPad 3, but with a lawsuit between Apple and Proview looming, there could be a problem getting the iPad 3 on the store shelves. Proview first sued Apple in China over the iPad trademark, which saw the device being pulled from store shelves temporarily, but now the fight is spilling over onto Apple’s backyard, a fight that could hamper sales of the iPad 3.

Oil prices fell Friday following the confirmation from Saudi Arabia denying the pipeline explosion in the Kingdom.

Attorney General Eric Holder says he's ready to take BP and and other defendants to court in the 2010 Gulf of Mexico oil spill.

Bank of America had attempted to get an $8.5 billion settlement over bad Countrywide mortgage-backed securities approved in New York state court over the objection of some angry investors.

Singer Charlotte Church, who testified that she was hounded by journalists working for Rupert Murdoch when she was a teenager, has received a £600,000 ($951,000) settlement on Monday in a phone hacking case surrounding News International.

The trial on the compensation for the Gulf of Mexico oil spill in 2010 has been delayed until March 5 with negotiations continuing on what should be the amount that BP should be paying.

British oil giant BP Plc and plaintiffs suing over the 2010 Gulf of Mexico oil spill are discussing a $14 billion settlement that is nearing completion, Bloomberg said, citing three people familiar with the talks.