Marketplace®

Daily business news and economic stories
  • The House Committee on Energy and Commerce released details from its inquiry into the BP oil spill, revealing several warning signs before the Deepwater Horizon rig exploded.

  • Bill Radke talks to former Shell Oil president John Hofmeister about his pro-offshore drilling stance and why the U.S. should strengthen its domestic oil industry.

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  • BP returns to the Gulf of Mexico tomorrow to attempt another stop at the massive oil leak. Meanwhile, the U.S. government has declared a fishery disaster in Louisiana, Mississippi and Alabama, making those states eligible for financial aid.

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  • Some of the rodeos around the Gulf Coast have been canceled due to the oil slick, including the annual International Women's Fishing Rodeo in Venice, La. Susan Gros of Reel Louisiana Adventures talks with Kai Ryssdal about how the spill is impacting the region's rodeos.

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  • The Environmental Protection Agency said today that BP has to start using a less toxic form of chemical dispersant to break up that big oil spill in the Gulf of Mexico. Rob Schmitz reports.

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  • An aquarium in Long Beach, Calif., will soon open a new sea otter exhibit. Cute, furry animals that kids adore — what could go wrong? Well, the exhibit's sponsor is BP, the company trying to clean up one of the largest oil spills in U.S. history. Rob Schmitz reports.

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  • "Delta Divers" is a two-part special airing on the National Geographic Channel tonight that chronicles the lives of commercial divers. Tess Vigeland talks with producer Scott B, along with John Mosier, who for 20 years worked as a commercial diver.

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  • A tube is helping British Petroleum siphon oil from a broken pipe in the Gulf. BP says it is collecting about 2,000 barrels of oil a day. But as the company tries to control the spill, the focus turns to the government. Today Secretary of the Interior Ken Salazar heads to Capitol Hill to testify before two Senate committees about the fatal explosion and massive oil spill in the Gulf of Mexico.

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  • British Petroleum says it made some progress over the weekend slowing the spill in the Gulf of Mexico. But it may be too late to prevent the spill from spreading around the region. And it may be too late to prevent something else, too: lawsuits.

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  • BP's CEO is taking flak for his comment that the big oil spill is "tiny" in relation to the "very big ocean." With one researcher suggesting that the massive oil leak could be much bigger than BP has admitted, the company is increasingly on the defensive. Bob Moon reports.

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