In New Orleans courts, the legal gusher BP cannot contain

After a blowout at its Macondo exploration well killed 11 workers, set fire to the Deepwater Horizon oil rig and triggered a massive oil spill in the Gulf of Mexico, a contrite BP vowed to “make things right” and set aside $42.5 billion to do so.¶ But nearly four years later, BP knows just how hard things can get in the Big Easy. ¶ The London-based oil giant is mired in litigation in federal courts in New Orleans. No longer apologetic, BP has stiffened its spine. It has filed new motions and countersuits, taken out a slew of full-page ads in newspapers (including The Washington Post) and enlisted the British ambassador to express concerns to the Obama administration over how aggrieved the company feels. ¶ One issue pending before U.S. District Judge Carl Barbier is how much BP will have to pay the government in Clean Water Act fines, a figure that could range from less than BP’s $3.5 billion estimate to the maximum allowable $18 billion. ¶But the source of much of BP’s ire lies with a legal donnybrook over a settlement designed to compensate individuals and businesses for economic harm caused by the spill. BP alleges that many of the 256,478 claims filed — by a parade of fishermen, hotels, surf shops, law firms, nursing homes, strip clubs and others — are unjustified or even fraudulent.

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21st Century Fox Is Even Richer Than Google by Profit-Per-Employee – Derek Thompson –


Owning the world's best digital advertising technology is a pretty good business. Owning a handful of cable channels in America's quasi-oligopolistic TV industry could be an even better business. 

On a profit-per-employee basis, 21st Century Fox (annual net income: $7.1b) is even richer than Google ($12.9b), according to calculations by BuzzFeed business editor Peter Lauria. That's pretty astonishing.

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How Technology & The Power Of Suggestion Are Getting People To Leave Higher Tips-

How Technology & The Power Of Suggestion Are Getting People To Leave Higher Tips- NNW

(Smiley Kailee)

Most American restaurant-goers are used to writing a tip on the receipt after they enjoy a sit-down meal, but with a growing number of eateries — like food trucks and pop-up restaurants — that straddle the line between traditional dining and fast food, it’s unclear whether customers are expected to leave a tip or just be on their merry way. That’s why some new payment systems include an extra step to put the idea of tipping in the consumer’s mind.

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