BP is fighting the settlement it agreed to last summer that let the oil company avoid thousands of potential lawsuits over the 2010 Gulf of Mexico oil spill.
Just after the spill, when oil was still gushing into the Gulf, BP touted the $20 billion it set aside for claims. But now it says the claim process is corrupt and is hoping a court will overturn the settlement that established the claims fund.
Ending the claims would mean stopping a well-oiled machine.
Suntory's 30-year-old Hibiki whiskey took home the top award at the International Spirits Challenge in 2003. This unexpected triumph was Japanese whiskey's big coming-out party on the global spirits stage.
Originally published on Thu September 5, 2013 6:31 pm
Scotland is the de facto king of whisky. But now an unlikely challenger — Japan — is making a name for its whiskey far beyond its borders. Unfortunately for Americans, this highly coveted Japanese whiskey is very hard to come by.
Originally published on Thu September 5, 2013 4:12 pm
The National Security Agency has the keys to most Internet encryption methods and it has gotten them by using supercomputers to break them and by enlisting the help of private IT companies, The New York Times and The Guardian are reporting.
A waiter serves patrons at Tony's Restaurant, part of the Casablanca Hotel in New York's Times Square. The custom at some restaurants of automatic gratuities for larger parties might change because of an IRS rule change.
Originally published on Thu September 5, 2013 1:51 pm
Gratuity included? A new IRS rule could end, or at least curtail, the practice.
The Internal Revenue Service will soon begin classifying automatic gratuities as service charges that are taxable as regular wages and subject to payroll tax withholding. Currently, they're considered tips, and it's up to the wait staff to report them as income.