Tropical storm Alex slowed oil spill clean-up and containment work in the Gulf of Mexico and drove more petroleum into fragile Gulf wetlands and beaches Thursday, with any permanent fix to BP Plc’s ruptured deep-sea well still several weeks away. …
President Barack Obama’s new health coverage for uninsured people with health problems won’t be cheap — monthly premiums as high as $900, administration officials said. Prices will vary by state and type of coverage from a low of $140 a …
The U.S. Senate last night approved a temporary reauthorization of the federal flood insurance program until Sept. 30. The reauthorization of the National Flood Insurance Program (NFIP) is retroactive to June 1, the date the program was halted. The unanimous …
BP payout should far exceed what Exxon spent on Valdez The company’s $20 billion fund may not be enough Accountability may take years if not decades to assess Many federal laws allow civil, criminal liability From a legal perspective, BP’s …
ACE Limited’s Chairman and CEO Evan G. Greenberg issued a statement in which he commended “President Obama for announcing his commitment to ratify the U.S.-Korea Free Trade Agreement.” Greenberg added that ratification of the agreement would “strengthen our commercial ties, …
Tropical Storm Alex is expected to reach hurricane strength on Tuesday, with high winds and vast waves set to hamper BP Plc’s latest efforts to contain the largest oil spill in U.S. history. Shares in London-based energy giant BP fell …
U.S. President Barack Obama Sunday called for significant changes to the long-delayed Doha round of world trade talks, telling Group of 20 leaders that offers on the table were inadequate. Obama, who spoke at a lunch with G20 leaders, emphasized …
The first time Louisiana shrimp boat captain Louis Buteaux filed a claim with BP Plc to recoup oil spill losses, he was told he didn’t have enough paperwork to prove he actually was the skipper. So he only got $2,500 …
The Supreme Court Monday struck down part of a law to prevent fraud committed by companies like Enron and WorldCom, saying a board to police public companies’ auditors violated the Constitution. But the ruling left the 2002 Sarbanes-Oxley law and …
A small group of Democratic governors this week launched a counter-attack over the federal healthcare overhaul, firing back against legal challenges from nearly two dozen state attorneys general who are seeking to overturn the new law. In a sign of …
