Marketplace®

Daily business news and economic stories
  • BP to pay $4.5 billion to settle criminal charges related to Deepwater Horizon. But what does it mean when a company is a felon?

  • Through all the conflicting data on the impact of the BP oil spill, Gulf residents are trying to quantify past, current and future damages so they can get compensated. Some are considering refusing the money, but retaining the right to sue the company.

  • The Presidential panel's report examining Deepwater warns a disaster is likely to happen again without significant change in industry practice and government policies. Stephen Beard has more.

  • In a report, the official government commission investigating the Deepwater Horizon disaster says the events occurred because of "a number of outright mistakes" that "combined to overwhelm the safeguards." Scott Tong reports.

  • BP's incoming Chief Executive Bob Dudley takes the helm shortly, but already he's shaking things up. He's ousted one top manager and announced a new safety czar. But it may take more than a change at the top to reform BP's culture. Janet Babin reports.

  • Robert Dudley will officially take over the CEO spot at BP this Friday, Oct. 1, but he's been re-shuffling the BP administration. Will he be able to successfully change BP's image?

  • Months ago British oil company BP promised $500 million for scientists to study the oil spill's impact — no strings attached. Now there are some. Eve Troeh reports.

  • After nearly five months, the government says the BP oil well in the Gulf of Mexico has finally stopped gushing. Reporter Alisa Roth talks with Bill Radke about what how much money BP is out so far and whether we can expect to see BP drilling in the Gulf again.

  • It'll be a pretty expensive undertaking for oil companies to permanently plug thousands of unused wells in the Gulf, per request of the Interior Department, but at least it'll keep local employed.

  • Kai Ryssdal talks to Marketplace's Eve Troeh about the internal report BP released after its own investigation of the Deepwater Horizon oil spill.