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Judge Approves BP’s Plea Deal
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Description
FBN’s Adam Shapiro on a federal judge approving BP’s plea deal in the Gulf of Mexico spill.
- Duration 0:53
- Date Jan 29, 2013
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Transcript
This transcript is automatically generated
I'm Adam Shapiro with your Fox Business three stocks are mostly positive as the Dow and S&P 500 near their all time highs taking the Dow Industrials right now -- up roughly 73 points.
A federal judge approved that deal BP reach with the Justice Department following the 2010 oil spill in the Gulf of Mexico.
Under terms of the agreement BP will plead guilty to manslaughter and other charges.
To pay a record four million dollars in criminal penalties for the company's role -- -- massive sales.
BP agreed in November to plead guilty to charges involving the deaths of eleven workers and for lying to congress.
It looks like there's still a future for the -- the Wall Street Journal reports bankrupt hostess brands is nearing a deal to sell the iconic -- Another -- to private equity firms Apollo global management and CD metropolis cost 400 million bucks.
-- the latest from the Fox Business Network giving you the power to prosper.
