Two years after one of the worst man-made environmental disasters in history, the company responsible, British Petroleum, settled in a New Orleans federal court. The company’s estimated payout to Gulf Coast individuals and businesses over the next two years will be, by its own estimation, $7.8 billion. By other tallies, the payout could be $15 billion or more. Full Story
Investors’ diversified portfolios of worries include: the potential demise of the Euro; EU’s sovereign debt problems; China’s slowing growth; and a U.S. fiscal cliff. Though silent as to its debt problems, Japan has potential to become an investment nightmare. Full Story
BUSINESS MEETINGS
¦ A Job Search Support Group meets from 9:30-11:30 a.m. Mondays at the Greater Naples Chamber of Commerce. Contact Karen Klukiewicz at kluk77@comcast.net or visit www.napleschamber.org. Full Story