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BP dividend
BP's 'Ass Kicking' by Obama Angers Brits, Sparks Pension Concerns
By Delia Lloyd - Politics DailyOn the eve of one of the most highly anticipated matches in the World Cup, the tension between the United States and the United Kingdom isn't just over soccer. The gulf oil crisis -- and BP's role in it -- has thrown up a new source of conflict between the two countries. In his newfound role as "ass kicker in chief," President Barack Obama has set his sights on the multinational oil giant, BP. Earlier this week, the president suggested that BP's chief executive, Tony Hayward, deserved to be fired for his management of the spill that began on April 20 and has continued to spew oil at levels ...
Whopping BP Dividend Payment Approved
By David Knowles - Politics DailyShareholders of BP breathed a partial sigh of relief on Tuesday at the news that the embattled oil company will pay out $2.63 billion in dividends for the first quarter of 2010. The bad news for BP investors? Rising political pressure and public outrage are making a second quarter payout far from certain. Despite mounting clean up costs for the Gulf oil spill, and a plummeting stock value, the company says it is on track to pay nearly $10.5 billion in dividends to its shareholders in 2010. That figure is slightly higher than the $10 billion it paid out in 2008 and 2009. In Washington, ...
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