BP has committed to set aside $20 billion to clean up and reimburse businesses and individuals hurt by the spill. The money will be put into an escrow account and run independently. The announcement came after several hours of negotiations between BP's top brass and Obama administration officials. John Dimsdale reports.
In Britain, some politicians and some pundits
have bristled at what they see as President Obama's "anti-British rhetoric" over the role of BP.
Stephen Beard reports.
At this point we've heard a lot about the BP oil spill, how it's devastating Gulf coast fishing.And you might think the fishing industry and oil industry would be at odds. But as Adriene Hill reports from the Sustainability Desk, in Southern Louisiana, it's not that simple.
The U.S. Department of Education has been looking into recruitment and student debt loads at for-profit schools. And now officials have proposed a series of new rules. Amy Scott reports.
Goldman Sachs's Code of Business Conduct and Ethics says the bank pledges to conduct itself in accordance with "the highest ethical standards." Unless it doesn't want to. Greg Unruh, director of the Lincoln Center for Ethics, talks with Kai Ryssdal about why the bank included a 'safety valve' on certain provisions in its code.
A bill proposed in the Senate would give the president power to seize control of the Internet in response to a national security threat. Jeff Horwich reports.
Back when the euro was just getting going, nobody was very worried about Spain or Greece. Italy was the weak link in the common currency. Now, ten years later, Italy could still turn out to be the eurozone's biggest liability. Christopher Werth reports.