PODCAST: The fine Halliburton can probably survive
A support ship related to the collection of oil from over the site of the BP Deepwater Horizon oil well transitions through a sheen of oil as workers tried to stem the flow of the oil spill in the Gulf of Mexico on June 12, 2010.
Bad news for Halliburton this morning -- the oil services company has admitted to destroying evidence connected to the Gulf spill in 2010. The business will pay a $200,000 penalty, but says it will not face any criminal prosecution for the act.
Delayed by everything from the Great Depression to World War II to the city’s near bankruptcy in the 1970s, New York’s Second Avenue subway line is finally being built. Its eventual completion will make commutes easier, but its protracted construction is currently hellish for small businesses above the future tracks.
And what's up with the sell-off of municipal bonds?