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Business News Archive - November 15, 2012

BP Agrees To Multi-Billion Dollar Fine

British Petroleum (BP) has agreed to plead guilty to felony charges stemming from the spill, paying out $4.5 billion in damages, including an additional $1.26 billion in criminal fees.

Word of the Day
adustion
  • The act of burning, scorching, or heating to dryness; the state or being thus heated or dried.
  • In medicine, cauterization.
The word 'adustion' comes from the Latin 'adustio', 'burning'.
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