1. Payback

    BP Reaches Gulf Spill Settlement

    This image provided by the U.S. Coast Guard shows fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon Wednesday April 21, 2010. The Coast Guard by sea and air planned to search overnight for 11 workers missing since a thunderous explosion rocked an oil drilling platform that continued to burn late Wednesday. (AP Photo/U.S. Coast Guard)�

    U.S. Coast Guard-AP

    Nearly two years after a massive explosion brought down the Deepwater Horizon drilling rig and created one of the largest oil spills in history, BP has announced it has settled a class-action lawsuit with thousands of businesses and individuals affected by the tragedy. A federal judge has to approve the settlement, but BP officials estimate that they will be paying out about $7.8 billion in compensation. Roughly $2.3 billion of that will go to the seafood industry. The money will come from the $20 billion trust fund set up to help revive the area.

    Read it at CNN