Posts Tagged ‘billion’
BP replaces CEO Hayward, reports $17 billion loss (AP)
AP – BP’s embattled Chief Executive Officer Tony Hayward will be replaced by American Robert Dudley on Oct. 1, the company said Tuesday, as it reported a record quarterly loss and set aside $32.2 billion to cover the costs of the devastating Gulf of Mexico oil spill.
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BP’s cost over Gulf oil spill reaches $4 billion
The cap holding back the oil gusher on BP’s broken well will stay in place at least one more day, officials said Monday, as the British oil giant said the spill’s cost has now reached $4 billion.
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You could be owed a piece of $10 billion
The state is sitting on $10.5 billion that belongs to Angelina Jolie, the fat cats at Goldman Sachs – and maybe even you.
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US trade deficit widens to $42.3 billion in May (AP)
AP – The U.S. trade deficit widened in May to the highest level in 18 months as a rebounding economy pushed up demand for imports of foreign-made cars, computers and clothing.
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BP costs for oil spill response pass $3 billion (AP)
AP – BP’s costs for the disastrous Gulf of Mexico oil spill climbed nearly half a billion dollars in the past week, raising the oil giant’s tab to just over $3 billion for work on cleaning and capping the gusher and payouts to individuals, businesses and governments.
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Obama announces $2 billion for solar power (AP)
AP – President Barack Obama announced Saturday the awarding of nearly $2 billion for new solar plants that he said will create thousands of jobs and increase the country’s use of renewable energy sources.
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BP Gulf spill costs hit $2 billion, no end yet (AP)
AP – BP has spent $2 billion in two months of fighting its Gulf of Mexico oil spill and compensating victims, with no end in sight to the disaster or the price tag.
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