

By H. Leighton Steward
Fantasy replaces reality in Obama's green economy
British Prime Minister David Cameron arrived in Moscow on Sunday trying to secure crucial new trade and warmer ties with an often difficult ally, some five years after the poisoning death of a Kremlin critic in London revealed bitter differences.

Scuffles between protesters and security guards marred BP's first annual shareholder meeting since the Gulf oil spill, with shrimpers blocked from entering Thursday's meeting to demand more compensation.

BP's incoming CEO fired the executive responsible for deep water wells like the one that blew out in the Gulf of Mexico and announced a new unit to police safety practices throughout the company.

In an internal report released Wednesday, oil giant BP PLC blamed itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it.

Tropical Storm Bonnie left crews working to plug the Gulf oil gusher a little memento that is expected to push their work back about a day.

BP's new boss says it's time for a "scaleback" in cleaning up the Gulf of Mexico oil spill. Federal officials say there is no way the crude could reach the East Coast. And fishing areas are starting to reopen.

BP's incoming CEO said Friday that it's time for a "scaleback" of the massive effort to clean up the Gulf of Mexico oil spill, but he added that the commitment to make things right is the same as ever.

Tony Hayward, who became the face of BP's flailing efforts to contain the massive Gulf oil spill, will step down as chief executive in October and will be offered a job with the company's joint venture in Russia, a person familiar with the matter said Monday.

Gaffe-prone BP Chief Executive Tony Hayward, under fire for his handling of the Gulf oil spill, is being replaced, a senior U.S. government official said Sunday.

Gaffe-prone BP Chief Executive Tony Hayward — who incensed many on the Gulf Coast by saying he wanted his life back as they struggled with the fallout from the company's massive oil spill — will be replaced, a senior U.S. government official said Sunday.

The federal government Monday allowed BP to keep the cap shut tight on its busted Gulf of Mexico oil well for another day despite a seep in the sea floor after the company promised to watch closely for signs of new leaks underground, settling for the moment a rift between BP and the government.

A cap was back in place on BP's broken oil well after a deep-sea blunder forced crews to temporarily remove what has been the most effective method so far for containing some of the massive Gulf of Mexico spill.

BP PLC on Wednesday confirmed that Bob Dudley is now in charge of efforts to clean up the damage caused by the Gulf of Mexico oil spill, replacing Chief Executive Tony Hayward, who has been heavily criticized for his handling of the incident.

BP chief executive Tony Hayward took a day off Saturday to see his 52-foot yacht compete in a glitzy race off England's shore, a leisure trip that further infuriated residents of the oil-stained Gulf Coast.

The chairman of BP says embattled chief executive Tony Hayward is being relieved of day-to-day responsibility for managing the Gulf of Mexico oil spill.
"There is clear progress with parties stepping forward to meet their obligations and help fund the economic and environmental restoration of the Gulf," Dudley said. "It's time for the contractors, including Transocean and Halliburton, to do the same."
"This settlement represents a positive resolution of a significant uncertainty and it resolves the issues among all the leaseholders of the Macondo well," said BP Chief Executive Bob Dudley.

By Patrice Hill - The Washington Times
Nicholas Rastenis has been through the wringer.

By Tim Devaney - The Washington Times
Former House Speaker Newt Gingrich hinted Sunday that if rival Republican presidential candidate Mitt Romney ...

By Manuel Valdes - Associated Press
Three skiers were killed Sunday when an avalanche swept them about a quarter-mile down an ...