In business news, shares of the oil giant BP are rising after the company reached a $7.8 billion settlement with businesses and individuals over the 2010 Deepwater Horizon oil rig disaster in the Gulf of Mexico. The value of BP stock has increased by 3 percent since February 1, and analysts expect it to rise by another 5 percent this week. The settlement is significantly smaller than the $14 billion some had predicted.
BP Share Prices Rises After $7.8 Billion Oil Spill Settlement
HeadlineMar 05, 2012