News

By Kevin McCoy and Rick Jervis, USA Today

Halliburton (HAL) has reached a $1.1 billion agreement aimed at settling most claims filed against the company related to the 2010 Deepwater Horizon oil rig explosion in the Gulf of Mexico, the oil-field services giant said Tuesday.

The settlement comes just over a year after Houston-based Halliburton admitted destroying evidence and agreed to plead guilty to a criminal charge for its role in the oil spill disaster that occurred at an offshore well of British energy giant BP (BP).Read more »

By SETH BORENSTEIN 08/26/2014

WASHINGTON (AP) — Global warming is here, human-caused and probably already dangerous — and it's increasingly likely that the heating trend could be irreversible, a draft of a new international science report says.Read more »


One of the most breathtaking tracks on the album is her virtual duet with Elvis Presley to his 1956 ballad “Love Me Tender.” -- Lindsay Lowe, Parade Magazine

The New York Times:

Medicare: Not Such a Budget-Buster Anymore

Estimates of future medical spending keep falling. The changes are projected to save taxpayers hundreds of billions of dollars.

http://www.nytimes.com/2014/08/28/upshot/medicare-not-such-a-budget-bust...

By JUSTIN GILLISAUG.

Runaway growth in the emission of greenhouse gases is swamping all political efforts to deal with the problem, raising the risk of “severe, pervasive and irreversible impacts” over the coming decades, according to a draft of a major new United Nations report.Read more »

AMERICANS appear to be undergoing a significant psychological shift in our relation to global warming. I call this shift a climate “swerve,” borrowing the term used recently by the Harvard humanities professor Stephen Greenblatt to describe a major historical change in consciousness that is neither predictable nor orderly.Read more »