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Environmental group says BP penalty isn't enough
NEW ORLEANS (AP) -- Lawyers for two BP oil rig workers say the Justice Department is trying to make scapegoats out of them.
The two were indicted today on federal charges including manslaughter, in the deaths of 11 workers in the rig explosion that led to the Gulf oil spill two and a half years ago.
Another man, a BP official, is charged with obstruction of Congress, for allegedly withholding information on how much oil was spewing from the blown-out well.
BP, meanwhile, has agreed to pay a record $4.5 billion in a settlement with the government. It includes nearly $1.3 billion in fines, the biggest criminal penalty in U.S. history. And Attorney General Eric Holder says much of the money will be used to restore the Gulf.
The settlement may not make much of a dent on the company's finances. BP made a record $25.8 billion in profits last year. And it will be given five years to pay.
The environmental group Greenpeace is criticizing the settlement as a slap on the wrist.
But the company still faces huge additional claims -- including billions of dollars in civil penalties the government is seeking under the Clean Water Act and other environmental laws. And a judge in New Orleans is considering a separate proposed settlement of $7.8 billion between BP and more than 100,000 businesses and individuals who say they were harmed by the spill.
Posted: Thursday, November 15 2012, 08:36 PM CST
IN OKLAHOMA NEWS
Teen in devastated Okla. town handing out hugs
May 25, 2013 02:26 GMT
MOORE, Okla. (AP) -- The people of the Oklahoma town where a deadly tornado struck could use just about everything -- cleaning supplies, food, water, shelter.
Thirteen-year-old Halle Carr thought residents of her hometown could also use a hug after the twister Monday that killed 24 people in Moore.
Halle has been standing on a corner with a white sign that reads: "Need a hug? I am here!" And people are taking her up on the offer.
On Friday, people in work trucks, cars and vans loaded with belongings rolled down their windows and reached out their arms to the girl. Some shouted words of encouragement.
Halle said it makes her feel good to spread a little cheer. She said she'll come out every day, as long as she thinks she's needed.
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From the FOX 25 First Forecast Center..The holiday weekend is here...Expect variable clouds with scattered showers and t'storms for your Saturday. ...
US durable goods orders rise 3.3 percent in April
WASHINGTON (AP) -- U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in business investment.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: RESTAURANT FLAP LEADS TO INTERNET MELTDOWN
SCOTTSDALE, Ariz. (AP) -- It isn't exactly to curry favor with your restaurant customers -- even if your specialty isn't curry.