BP oil spill: company faces Lockerbie accusations as it renews cap tests

Testing is to resume today on BP’s new oil well cap in the Gulf of Mexico, seen in this picture from company’s live video feed. Photograph: BP/REUTERS Hillary Clinton, the US secretary of state, pledged last night to consider Congressional demands for an investigation into charges... 

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Labour closing gap on Tories as voters fear new recession

Recession worries appear to be cutting voter support for the Conservative-Lib Dem coalition. Photograph: Christopher Furlong/Getty Images Voters fear the return of recession and are divided on cuts in state spending, according to a Guardian/ICM poll published today. A narrow majority also believe... 

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RBS could sue Goldman over $800m loss on Abacus deal

The New York headquarters of the Goldman Sachs investment bank. Photograph: Justin Lane/EPA Goldman Sachs faces the threat of legal action from Royal Bank of Scotland, which lost $800m (£523m) on the complex mortgage security at the heart of a record-breaking fine by the US regulators. Even... 

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BP gets 24 hours to monitor capped well

Oil and water: westing is continuing on BP’s new well cap in the Gulf of Mexico. Photograph: BP/Reuters A standoff between BP and the US government over the handling of the stricken Macondo well in the Gulf of Mexico continued with a sharp exchange of words over the best way to keep... 

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Federal Reserve chairman warns of ‘unusually uncertain’ outlook for US

Federal Reserve chairman Ben Bernanke testifying before the Senate banking, housing and urban affairs committee. Photograph: Molly Riley/Reuters Federal Reserve chairman Ben Bernanke warned last night that the US economy faced “unusually uncertain” prospects, and said the central... 

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tradingsolutions parttime trader achieves annualized return

tradingsolutions parttime trader achieves annualized return. Financial analysis and investment software that bines traditional technical analysis with stateoftheart neural work and geic algorithm technologies. Use any bination ...

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Tropical storm forces BP to suspend relief well drilling

BP’s efforts to finish relief oil wells in the Gulf of Mexico have been set back. Photograph: Lyle W Ratliff/EPA The approaching tropical storm Bonnie has forced BP to temporarily suspend drilling on its relief well in the Gulf of Mexico. Work to permanently plug the oil giant’s... 

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