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One by one, global companies are cutting their ties to Russia

A woman passes by an Apple store at the GUM department store in central Moscow on April 27, 2021. Apple said this week that it's pausing the sale of its products in Russia. Dimitar Dilkoff/AFP via Getty Images hide caption

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Dimitar Dilkoff/AFP via Getty Images

Business

One by one, global companies are cutting their ties to Russia

March 2, 2022 • Companies ranging from General Motors to UPS are exiting or reducing their operations in Russia as wide-ranging sanctions make it all but impossible to operate in the country.

Should Big Oil Pick Up The Climate Change Bill?

A partially submerged car sits in a flooded intersection in Baltimore, Tuesday, Aug. 12, 2014, after heavy rains fell across the Mid-Atlantic region. Patrick Semansky/AP hide caption

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Patrick Semansky/AP

Short Wave

Should Big Oil Pick Up The Climate Change Bill?

February 2, 2022 • The Fourth Circuit Court of Appeals is deciding whether a Baltimore case against more than a dozen oil and gas companies will be heard in state or federal court. The city argues the companies are liable for the local costs of climate change. It wants the case heard in state court, which is governed by robust consumer protection laws. But industry lawyers are fighting hard to have it and more than 20 other similar lawsuits nationwide tried in federal court, where the oil and gas industry may be more likely to prevail.

Should Big Oil Pick Up The Climate Change Bill?

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Oil Demand Has Collapsed, And It Won't Come Back Any Time Soon

An oil rig towers over houses last week in Nigg, Scotland. Major players in the oil industry expect depressed oil demand and low prices to continue well into next year. Peter Summers/Getty Images hide caption

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Peter Summers/Getty Images

Business

Oil Demand Has Collapsed, And It Won't Come Back Any Time Soon

September 15, 2020 • The pandemic massively reduced the world's consumption of oil. Now two influential reports suggest that this state of affairs will continue well into 2021 — if not longer.

Oil Demand Has Collapsed, And It Won't Come Back Any Time Soon

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Montana Residents Ask Supreme Court To Allow Cleanup Beyond Superfund Requirements

This smokestack, left over from a century of copper mining, spewed up to 24 tons of arsenic per day over an area the size of New York City. Nora Saks/Montana Public Radio hide caption

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Nora Saks/Montana Public Radio

Environment

Montana Residents Ask Supreme Court To Allow Cleanup Beyond Superfund Requirements

Montana Public Radio

December 3, 2019 • Montana property owners are suing BP to clean up arsenic pollution left over from mining. The case is now before the U.S. Supreme Court, and businesses worry it could open them up to huge new costs.

Montana Residents Ask Supreme Court To Allow Cleanup Beyond Superfund Requirements

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Is The BP Oil Spill Settlement Money Being Well-Spent?

Louisiana is in line for the biggest share of fines and settlements because it had the most damage in the spill. The restoration effort in the Caminada Headlands is one of the largest coastal restoration projects ever in the state. CWPPRA/Flickr hide caption

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CWPPRA/Flickr

Environment

Is The BP Oil Spill Settlement Money Being Well-Spent?

February 22, 2016 • Gulf states are starting to spend the first of billions from BP's settlements and fines for the worst environmental disaster in U.S. history — but not all the money is being used for restoration.

Is The BP Oil Spill Settlement Money Being Well-Spent?

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BP Earnings Plunge 91 Percent In 4th Quarter

BP's logo outside a petrol station in East Molesey, southwest London. Matt Dunham/AP hide caption

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Matt Dunham/AP

The Two-Way

BP Earnings Plunge 91 Percent In 4th Quarter

February 2, 2016 • Global oil and gas price drops have done a number on BP's net income, which fell to $196 million from $2.2 billion in the year-ago quarter. The company plans to cut thousands more jobs.

BP To Pay $18.7 Billion To Settle Gulf Coast Oil Spill Claims

The Deepwater Horizon oil rig explosion on April 20, 2010, killed 11 people and resulted in the nation's largest offshore oil spill. Gerald Herbert/AP hide caption

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Gerald Herbert/AP

The Two-Way

BP To Pay $18.7 Billion To Settle Gulf Coast Oil Spill Claims

July 2, 2015 • The agreement with the U.S. government, five Gulf Coast states and more than 400 local governments comes five years after the Deepwater Horizon spill.

Jury Acquits Ex-BP Exec Of Lying In Oil Spill

David Rainey, second from right, leaves Federal Court after being arraigned on obstruction of a federal investigation in New Orleans in 2012. Rainey was acquitted Friday. Matthew Hinton/AP hide caption

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Matthew Hinton/AP

National

Jury Acquits Ex-BP Exec Of Lying In Oil Spill

June 6, 2015 • Five years after the Justice Department vowed to hold people accountable for the largest oil spill in U.S. history, its prosecution of BP executives has foundered.

Supreme Court Rejects BP's Challenge To Gulf Oil Spill Settlement

The Deepwater Horizon oil rig burned on April 21, 2010. U.S. Coast Guard/Getty Images hide caption

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U.S. Coast Guard/Getty Images

The Two-Way

Supreme Court Rejects BP's Challenge To Gulf Oil Spill Settlement

December 8, 2014 • The oil giant had hoped to limit how much it will pay under a 2012 settlement with people and businesses on the Gulf Coast. BP originally estimated it would pay $7.8 billion to settle claims.

The Two-Way

Judge Denies BP's Attempt To Avoid Up To $18 Billion In Fines

November 14, 2014 • Last month, the company asked the judge to reconsider a ruling that could trigger fines under the Clean Water Act. And on Thursday, he said no. The company says it will appeal.

BP Lawyers Use Old-School Trick; Judge Not Amused

U.S. District Court Judge Carl Barbier ruled nearly two weeks ago that BP acted recklessly in the 2010 Deepwater Horizon rig accident and oil spill. Alastair Grant/AP hide caption

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Alastair Grant/AP

The Two-Way

BP Lawyers Use Old-School Trick; Judge Not Amused

September 16, 2014 • A legal filing tied to the company's Gulf oil spill case was supposed to have been capped at 35 pages. But lawyers for BP got a little creative with the spacing.

The Two-Way

BP Acted With Gross Negligence In Gulf Oil Spill, Federal Judge Rules

September 4, 2014 • The ruling could cost BP billions of dollars. U.S. District Judge Carl Barbier found that BP acted recklessly and was mostly responsible for the biggest oil spill in U.S. history.

Patrick Roy's company, Coastal Rental Equipment, used to rent these large pumps to offshore divers who work for oil and natural gas drillers. After the BP oil spill, when the government introduced a moratorium on drilling in the Gulf of Mexico, the Patterson, La., business suffered losses and eventually shut down. Jeff Brady/NPR hide caption

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Jeff Brady/NPR

Business

As BP Pays For Oil Spill Impact, Some People Aren't Seeing The Cash

August 29, 2014 • The oil giant is paying billions of dollars to businesses hurt by the 2010 spill, but won't pay business owners hurt by a government drilling moratorium that was put in place after the spill.

As BP Pays For Oil Spill Impact, Some People Aren't Seeing The Cash

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