BP estimates cost of 2010 Gulf oil spill at $61.6 billion

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BP estimates cost of 2010 Gulf oil spill at $61.6 billion

Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon on April 21, 2010. The blowout in the Gulf of Mexico killed 11 people and sent 4.9 million barrels of oil gushing from the sea floor into the Gulf.
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City Approves Lowline, Admits Project was Only Pitch for Underground Site

A rendering of the proposed Lowline subterranean park on the Lower East Side. View Full Caption. Raad Studio c/o Lowline. LOWER EAST SIDE – The Lowline is officially on track to take over the old trolley terminal under Delancey Street after the city …
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On Trade, Trump Takes Republicans Back to Their Roots

Stephen Mihm, an associate professor of history at the University of Georgia, is a contributor to the Bloomberg View. Follow him on Twitter at @smihm.
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Venture capital investments rebound for tech startups

SAN FRANCISCO Venture capital investments in startups rebounded in the second quarter, as a general stock market recovery helped restore confidence, according to a new report published on Friday.
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With Cloud9 Buy, AWS Bolsters Tooling for Developers

Amazon Web Services (AWS) acquires cloud IDE provider Cloud9 to shore up its developer tooling as rival Microsoft creeps up on the cloud leader.
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