BP has told investors that it could cost the company up to $40 billion for cleanup and recovery from the oil spill in the Gulf of Mexico. But after charging-off nearly $8 billion already paid for clean-up, BP still had almost $2 billion in profit for the third quarter. The company says it expects to resume paying a shareholder dividend that was suspended after the oil spill occurred . Source Link
First, it was a devastating earthquake that killed hundreds of thousands of people. Then an outbreak of cholera struck, and now Haiti is bracing for a possible hurricane this week. U.S. Navy ships are heading to the island nation to provide disaster relief, if needed. More than 1 million Haitians are still living without adequate shelter since the earthquake struck back in January. Source Link
The San Francisco Giants are officially bringing home the World Series title to the City by the Bay. The team’s victory parade today marks the first time that San Francisco fans can celebrate baseball's world championship. The Giants rolled over the Texas Rangers four games to one in the Fall Classic to give the National League a World Series win for 2010. Source Link