Jul 31, 2012 The British oil company BP is reporting a sharp drop in profits. The company made just $238 million last quarter, compared with more than $5 billion a year ago.
Jul 16, 2012 Major credit card companies -- Visa and Mastercard -- as well as big banks have agreed to pay more than $7 billion to retailers to compensate for alleged price fixing of credit card fees. Some retailers think the settlement does not go far enough to protect retailers and consumers.
Jul 16, 2012 Visa, Mastercard, and some big banks agreed to pay $6.6 billion late Friday to end a fight over fees they charge retailers. And the settlement is likely to affect all of us.
Jun 25, 2012 There's a new settlement related to the Bernie Madoff Ponzi scheme. It's about a money manager named Ezra Merkin, who has agreed to pay more than $400 million dollars to his former customers who lost billions when he invested their money with Madoff.
May 22, 2012 The National Academy of Engineering is recommending that oil and gas companies spend millions on a modified blowout preventer. This is the $45 million device that failed and caused the BP oil spill in the Gulf of Mexico.
Apr 24, 2012 A former BP engineer has been arrested and charged with intentionally destroying evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in 2010.
Feb 21, 2013 2010's Gulf oil spill put almost 5 million barrels of oil in the Gulf of Mexico. Where did it all go?
Apr 17, 2012 A new book explores how BP's management led to Deepwater Horizon disaster in the Gulf of Mexico, and whether it could happen again.
Mar 5, 2012 The big oil company BP has settled with thousands of Gulf Coast residents and businesses for their economic losses and medical claims from its massive 2010 oil spill -- to the tune of $7.8 billion.