Cash Flow For BP, But Investors Worry
(New York Times) — Although BP generates billions of dollars in profit every quarter, theoil spill in the Gulf of Mexico is rattling both government and investor confidence in the London-based oil giant’s ability to handle the economic consequences. As the administration continued to pressure BP on Monday to set aside money in a fund dedicated to paying spill damages, company’s directors met via teleconference to discuss the meeting on Wednesday between BP executives and President Obama.
SEE ALSO
- Tyler Perry And Byron Allen Are In Talks To Acquire BET From Paramount
- Wendy Williams’ Son Kevin Hunter Jr. Evicted From Miami Apartment
- Nia Long Isn’t Happy With How The Boston Celtics Handled Ime Udoka’s Cheating Scandal
- Georgia Judge Prohibits Tiffany Haddish From Drinking And Ingesting Illegal Substances
- New TLC Show ‘Seeking Brother Husband’ Showcases Polyandrous Sisters
