BP settlement: Anadarko Petroleum Coro., which had a has 25 percent working interest in BP's Macondo Prospect, the site of the Deepwater Horizon drilling rig explosion, will pay BP $4 billion toward cleaning up the Gulf of Mexico oil spill.
10/17/2011 04:44 pm
Kinder Morgan purchased rival pipeline operator El Paso Corp for $21 billion, creating what will be by far the country's largest pipeline distributor of natural gas.
10/17/2011 04:29 pm
Nearly 500 Palestinians are scheduled to be released by Israel Tuesday in an exchange for soldier Gilad Shalit. Here’s the status of seven well-known prisoners (See the whole list here):
10/17/2011 04:22 pm
To promote his jobs bill, Obama is rolling down the highway this week in a $1.1 million black bus, code-named 'Stagecoach.' The bus, it seems, has some big assets over Air Force One or the traditional motorcade.
10/17/2011 04:08 pm
It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007
10/17/2011 04:04 pm
The "Occupy Wall Street" protests are a month old, but they still haven't set out specific demands. And for good reason -- most Americans blame Washington for the economic woes.
10/17/2011 03:53 pm
A fundamental war has been waged in this nation since its founding, between progressive forces pushing us forward and regressive forces pulling us backward. But whenever privilege and power conspire to pull us backward, the nation eventually rallies and moves forward.
10/17/2011 01:00 pm
Because of generous subsidies, Venezuelans enjoy the cheapest gas in the world. So why is the state oil company giving gasoline to gas stations for free?
10/17/2011 11:08 am
This whole thing represents blowback against all the varieties of “macroeconomic management” – and that includes “stimulus,” “stabilization,” bailouts and everything else.
10/17/2011 11:00 am
Stocks in Europe lose some gains after German finance minister cautions on eurozone solution. Stocks are up 11.6 percent over the past nine days.
10/17/2011 09:55 am