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FTC Approves Final Ruling Against Lornamead

2014-09-18 07:00:00| Happi Breaking News

Company to pay $500K for claims about its Lice Shield products.

UK government lends hand to BP in U.S. Gulf oil spill ruling

2014-09-08 02:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The British government has urged the U.S. Supreme Court to review an appeals court ruling against BP Plc (BP.L) over a 2010 Gulf of Mexico oil spill that produced one of the largest class actions in American history. A Louisiana court ruled last week that BP was "grossly negligent" and "reckless" in the spill, a move that could add nearly $18 billion in fines to more than $42 billion in charges. In a friend of court brief, the UK government said the ruling by U.S. District Judge Carl Barbier...

Tags: hand government oil gulf

BP ruling - wakeup call' for other oil companies

2014-09-06 06:11:49| Oil & Gas - Topix.net

Fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon, off Louisiana, in this April 21, 2010 file handout image. Photo - Reuters Washington: A US judge's watershed ruling means the final cost to BP for the 2010 Gulf oil spill may eclipse $50 billion, wiping out years of profits and highlighting the risks of drilling as the industry pushes into more dangerous areas such as deeper waters and ice-bound Arctic fields.

Tags: other call companies oil