Lawyers for BP, and thousands of people affected by the Deepwater Horizon accident and oil spill, had been expected, for a long time, to be in a New Orleans courtroom this morning for a civil trial. Instead, they're reviewing a deal to settle the case.
BP estimates it would pay nearly $8 billion in the settlement. In exchange, the company would avoid revisiting, in a courtroom, what led up to the drilling rig explosion that killed 11 men and poured massive amounts of oil into the Gulf of Mexico.
Now just as the U.S. economy seems to be picking up, China's is not. The Chinese government has downgraded its economic growth target to the slowest rate in eight years. China's premier says the country needs to boost consumer demand, and address what he calls unsustainable development.
NPR's business news starts with more bad news for News Corp.
An FBI investigation of Rupert Murdoch's media company is now looking to Russia. A billboard company, News Outdoor Russia, owned until last year by News Corp, is being scrutinized over possibly bribing public officials. The FBI began looking into News Corps' operations after its British newspapers were embroiled in a bribery and phone hacking scandal.
Those of us who own pets know they make us happy. But a growing body of scientific research is showing that our pets can also make us healthy, or healthier.
That helps explain the increasing use of animals — dogs and cats mostly, but also birds, fish and even horses — in settings ranging from hospitals and nursing homes to schools, jails and mental institutions.
The White House says restoring the U.S. manufacturing sector is an essential part of getting the economy back on track.
GOP candidate Rick Santorum wants to see tax breaks for manufacturing companies, and the Obama administration proposed something similar last week. But economists say tax breaks may not be the best way to help manufacturers right now.
Over the years, the steady loss of good factory jobs is a big reason why wages have stagnated for people who never went to college, says Dean Baker, co-director of the Center for Economic and Policy Research.
This campaign season, inconsistency seems to be, well, almost everywhere. Each flip-flopping politician revels in pointing out the flip-flopping ways of his opponents.
Why are politicians and those of us who vote for them so obsessed with inconsistency? We take that question on from three angles: how our brains are wired; the psychology of judging what's consistent; and how consistency plays out in leadership styles.
By now, most states around the country have redrawn their political boundaries based on the 2010 census — and then there's New York.
For voters in the Forest Hills section of Queens, it has been rough. A year ago, they were represented by Democrat Anthony Weiner, who tweeted his way to infamy. Now, they're represented by Republican Bob Turner, who won a special election after Weiner resigned.
Right now, nobody even knows what district they're in.
Ohio is one of 10 states holding contests to pick their party's presidential nominee on Super Tuesday, but it has been the main focus of attention for GOP candidates because it will be a major battleground state in the general election this November.
The conventional wisdom has been that whoever takes Ohio in the general election goes on to win the White House, which gives Tuesday's contest a lot of potential momentum for the eventual winner.
Two mysterious men pull up to the courthouse and head to the public records office. They're strangers, and they ask a lot of strange questions like, "I'd like to look at Mayor John Doe's property deeds." Or, "I want to see Congressman Smith's voting records."