July 31, 2010 / 12:32 PM
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FINANCE
Today's Business Headlines
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BP to try well kill Tuesday
July 31st, 2010, 9:33 am
BILOXI, Mississippi (Reuters) - BP said on Friday it could seal its ruptured Gulf of Mexico oil well by next week as the House of Representatives voted to toughen regulation of offshore energy drilling. Incoming BP Chief Executive Bob Dudley said the British energy giant would attempt a ...
Police fired teargas, rubber bullets and used batons to disperse the protesting workers blocking two highways in the suburbs of the capital Dhaka. This week the government set the minimum monthly wage to 3,000 taka ($43) but workers are demanding 5,000 taka.
WASHINGTON (Reuters) - U.S. bank failures reached 108 so far in 2010 on Friday as regulators seized five small banks in the Pacific Northwest and the Southeast, none publicly traded. Bank failures are expected to peak this quarter, with the industry slowly recovering from large portfolios of bad ...
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DETROIT/CALGARY (Reuters) - Enbridge Inc's chief executive said on Friday he was unable to say when the company would be able to restart the Michigan pipeline that ruptured earlier this week, spilling more than 800,000 gallons of oil. U.S. Environmental Protection Agency Administrator Lisa Jackson ...
NEW YORK (Reuters) - Lawyers for convicted U.S. Ponzi schemer Tom Petters on Friday asked an appeals court to send the case back for a new trial, saying they were not able to fully present arguments against some of his accusers. In a brief sent on Friday to the U.S. 8th Circuit Court of Appeals on ...
The new strain is called ST131 and caused many of the E. coli infections resistant to antibiotics in the fluoroquinolone and cephalosporin classes, the researchers said. "If this strain gains one additional resistance gene, it will become almost untreatable and will be a true superbug, which ...
NEW YORK (Reuters) - New York Mets principal owner Fred Wilpon was sued on Friday over alleged losses suffered by retirement plan participants at his firm Sterling Equities. The complaint filed Friday in Manhattan federal court said Sterling invested $16.2 million, or 92 percent, of the 401(k) ...
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LAS VEGAS (Reuters) - Two security experts said on Friday they released a tool for attacking smartphones that use Google Inc's Android operating system to persuade manufacturers to fix a bug that lets hackers read a victim's email and text messages. "It wasn't difficult to build," said ...
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LOS ANGELES/NEW YORK (Reuters) - Walt Disney Co has struck a deal to sell Miramax, the studio behind such films as "Trainspotting" and "No Country for Old Men," for more than $660 million to a group that includes construction magnate Ron Tutor and investment firm Colony Capital ...
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WASHINGTON (Reuters) - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010. The fastest rate of business spending in four years would normally be ...
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