BP is now paying $40 million a day to deal with the Gulf oil spill. Its overall costs are nearing $1 billion, and an expected tide of litigation is still ahead. Then again, BP is flush with cash.
The strange glimpse into the Gulf's depths given by the 'geyser cam' – the BP live feed of the 'top kill' attempt – has mesmerized millions, but has raised concerns about stock market impact.
Even after the leaking well is permanently sealed, the Deepwater Horizon drama won't be anywhere near over. Just in Thursday's BP oil spill update, the MMS director is out, the spill is resized, and hearings proliferate on Capitol Hill.
Homeland Security has asked law enforcement in Houston to be on the lookout for a suspected member of al-Shabaab, a Somalia-based terror group.
US Attorney General Eric Holder met Wednesday with a group of police chiefs, who bolstered Mr. Holder's own criticisms of the Arizona immigration law.
The six astronauts flying aboard space shuttle Atlantis are working Tuesday to prepare their spacecraft for its final planned return home.
Astronauts gave the space shuttle Atlantis's heat shield a final inspection Monday in preparation for their return to Earth.
BP says its only priority is to shut down the Macondo well responsible for the Gulf oil spill. But industry experts say BP could still try to get oil from the well in the future.
After BP's repeated failed attempts to cap the well at the center of the Gulf oil spill, the Obama administration is gradually becoming more involved. This week, it has sent two cabinet members to the scene and devoted more of its science resources to the relief effort.