Oil company BP to pay for Gulf of Mexico spill

Monday, May 3, 2010 The British oil company BP has said it will pay the cleanup costs from a severe oil spill in the Gulf of Mexico. In a statement on its website posted earlier today, BP pledged to take responsibility for cleaning up after the Deepwater Horizon oil well ruptured, adding it would...

Wikinews Shorts: May 7, 2007

A compilation of brief news reports for Monday, May 7, 2007. A 30 meter section of a gas pipeline in Luka (near Kiev) in Ukraine has been destroyed by an explosion. Although supplies to Europe via this pipeline have stopped, Ukrainian Energy Minister Georgi E. Boyko said that supplies to Europe would not be affected....

Tyco executives found guilty

Saturday, June 18, 2005 The former CEO of Tyco International, Dennis Kozlowski, as well as CFO Mark Swartz are convicted of taking more than $600 million from the company. Charges include grand larceny, securities fraud, conspiracy, and falsifying business records. The first trial ended in a mistrial after one juror received a threatening letter....

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