USA Business News

BP oil disaster costing $4M an hour

CBJ June 29 - The first major storm of the Atlantic season looked set to miss the oil spill as it barrelled through the Gulf of Mexico yesterday, offering some respite to BP as its disaster costs soar. The region remained on edge as ...
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BP share slide as oil spill bill climbs to $2.35bn

CBJ June 25 - Shares in BP hit a 14-year low this morning after the oil giant revealed that its bill for containing and cleaning up the oil spill in the Gulf of Mexico – the worst in US history – had climbed to $2.35bn ...
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BP shares fall to 13-year low

CBJ June 22 - Shares of BP fell on Tuesday to the lowest in 13 years, as a result of growing concerns over the cost of cleaning up the Gulf of Mexico spill, say reports. BP’s lowest share price since 1997 was marked early this ...
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U.S. Commerce Secretary Gary Locke releases statement on exports

CBJ June 11 - “U.S. Commerce Secretary Gary Locke today issued the following statement on the release of the April 2010 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of ...
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BP accused of playing-down damage at Gulf of Mexico oil spill

CBJ June 1 - Current news reports have begun to declare that the oil slick at BP’s Deepwater Horizon rig in the Gulf of Mexico is now a ‘catastrophe,’ but this comes a little late as it has already been described as the United States ...
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CleanTech becomes Meridian Energy USA in parent-company embrace for bright future

CBJ June 1 - The company formerly known as Cleantech America, known for its pioneering work in the Bay Area, has been renamed Meridian Energy USA. This name change marks a further move towards aligning the company with the parent company New Zealand-based Meridian Energy ...
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Oil slick is the worst and Obama is feeling the strain

CBJ May 28 - The United States President Barack Obama has once again stepped up exposure of BP’s oil slick in the Gulf of Mexico ahead of his visit to the incident site today. He told press that the slick is dominating his thoughts every ...
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Facebook boosts privacy controls

CBJ May 27 - Facebook is upping privacy protection for its almost 500 million members, due to increased concerns for the security of personal data. The issue of privacy has arisen on several occasions in the last few months due to stories of criminals using ...
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Salazar speaks and MMS break-up begins, USA

CBJ May 20 - As promised, the break-up of the United States agency responsible for overseeing offshore drilling has begun in light of the tragic incident at British Petroleum’s Deepwater Horizon rig in the Gulf of Mexico, which has been ongoing and caused potentially irreparable ...
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Hats on for BP in oil slick latest

CBJ May 13 - In the latest from the Gulf of Mexico oil slick, which needs little introduction following the mass media coverage it, and owners British Petroleum, have garnered since the Deepwater Horizon rig exploded on April 20, killing 11 people, a new steel ...
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