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Feds to Investigate BP Managers

Two men who were on the rig when it exploded targeted

(Newser) - Federal investigators have named two BP managers as “parties of interest” in their probe of the Deepwater Horizon explosion. Both men were aboard the rig when it blew, the Wall Street Journal reports. One, Robert Kaluza, BP’s employee overseeing rig operations, has twice been called to testify in... More »

Merck News Gives Markets Shot in the Arm

Dow rises 92.34 on component's earnings, big oil merger

(Newser) - Stocks rallied across the board today, after a number of major buyouts and earnings reports diverted traders' attentions from the foundering subprime market and an enervated dollar once again. The Dow was up 2.34 to 13943.42 after drug-maker Merck, a major component of the index, reported its best... More »

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