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Home > Business
AP News AP News July 29, 2010
Oil spill chief: Work to pump mud into Gulf gusher from above could be accelerated Oil spill chief: Work to pump mud into Gulf gusher from above could be accelerated 6:26PM GMT
Oil spill chief: Work to pump mud into Gulf gusher from above could be accelerated The government's point man for the Gulf oil spill says preparations for an attempt to plug the gusher from above are going well enough that the timeline for the "static kill" may be moved up. Work on the relief well needed for a permanent fix must be completed before the start of the static kill, which is intended to make the job of plugging the well for good easier. Retired Coast Guard Adm. Thad Allen said Thursday that crews will lay in the casing for the relief well later in the day. He says that could accelerate the work ... more
 
Citigroup paying $75M to settle fraud charges 6:30PM GMT
Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages ...
Treasurys mixed on earnings, new jobless claims 6:28PM GMT
Treasury prices are trading mixed after U.S. companies reported strong earnings and the government said new jobless claims fell but remain elevated. ...
Diebold posts lower 2Q, starts review of unit 6:26PM GMT
Diebold Inc. reported slightly lower second-quarter earnings on a 4 percent drop in sales Thursday. The maker of automated teller machines also said ...
Gov't warned company about oil pipeline monitoring 6:23PM GMT
A Canadian company whose pipeline leaked hundreds of thousands of gallons of oil into a major Michigan river was warned ...
US panel asked to consolidate oil spill lawsuits 6:22PM GMT
A federal judicial panel wrestled Thursday with perceptions of bias and conflict among both judges and geography in figuring out where ...
New rule cracks down on debt settlement industry 6:19PM GMT
Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an upfront fee. ...
Brunswick swings to 2Q profit on higher sales 6:16PM GMT
Boat maker Brunswick Corp. said Thursday that it swung to a profit in the second quarter, helped by a jump in marine engine and boat sales. The ...
Fed official eyes revival of crisis-era program 6:14PM GMT
The Federal Reserve should revive a crisis-era program to buy government debt if the country seems headed toward a bout with deflation, a Fed official ...
Honeywell exec says firm will stay in New Jersey 6:03PM GMT
Honeywell International's chief executive says the technology and manufacturing company will keep its headquarters in New Jersey despite an offer ...
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