BP awards sole final Gulf fund settlement to unknown business
The Gulf Coast Claims Facility has issued a final payout of 10 million dollars to one unnamed BP business partner. BP intervened in the claim and the fund says it never reviewed this case. Feinberg notes the payment was funded at BP and a private settlement.
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Intel fixes flaw in Core i5 i7 support chips
Intel reports a design flaw in a recently released support chip affecting Core i5 and Core i7 systems. It has shipped 8 million defective chips but few completed PCs reached consumers since Jan 9. Replacement parts and PCs will cost about 1 billion dollars. new versions start delivery to PC makers in late February.
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Santa Clara
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Intel Corp
Intel
Egyptian Tourism Hit as Violence Hurts Travel to Cairo
Violence in Egypt triggers travel bans and flight suspensions to Cairo. Tour operators cut Egyptian stops, airlines pause U S to Cairo flights, and Middle East markets fall while travelers rethink winter plans. Tourism accounts for 5 to 6 percent of Egypt's GDP and Cairo airport handles about 16 million annual passengers.
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Egypt
U.S
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EgyptAir
Cairo
Middle East
Rob Solow
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N.Y
Solow
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Blake Fleetwood
Cook Travel
Jordan
Africa
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Johannesburg
Egyptian Tourist Authority
Oil rises as Egypt unrest spooks crude over 100
Global oil prices topped 100 a barrel as Egypt unrest raised concerns over potential disruption to Middle East flows via the Suez Canal and pipeline. Analysts warned the risk could spread to major producers like Saudi Arabia even as the canal remained open.
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New York
Egypt
Middle East
Suez Canal
Suez
Cameron Hanover
Yemen
Tunisia
Saudi Arabia
U.S
Ohio gasoline prices rise for second straight week
Ohio statewide average for regular gasoline is about 3.10 per gallon, up from 3.08 last week. A year ago the average was 2.53. Analysts expect further increases toward spring and summer driving season as demand and oil prices climb.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Auto Club Aaa
Oil Price Information Service
Wright Express
Chrysler to pay $750 performance awards to workers
Chrysler Group LLC will give union workers an average $750 performance award next week based on a 2010 operating profit of $763 million. Salaried staff, excluding the top 50 executives, will also receive payments. The company still owes about $5.8 billion to the U S government under TARP.
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Chrysler Group LLC
Chrysler
Shawn Morgan
U.S
U.S. Treasury
Auburn Hills
Mich
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