1. OIL

    DOJ: BP Committed ‘Gross Negligence’

    Chris Graythen / Getty Images

    The Department of Justice presented examples of “gross negligence and willful misconduct” on the part of BP leading up to the 2010 oil spill in the Gulf of Mexico. The case is set to go to trial in a New Orleans court in early 2013, and the government is trying to demonstrate that most of the blame for the spill—the largest American spill ever—rests with the British company. “The behavior, words, and actions of these BP executives would not be tolerated in a middling size company manufacturing dry goods for sale in a suburban mall,” government lawyers fumed in an August court filing in New Orleans.

    Read it at Reuters