BP Loses $17 Billion, CEO Gets Life Back

BP Loses $17 Billion, CEO Gets Life Back

As was reported over the weekened, BP CEO Tony Hayward, famous for complaining about how the Gulf of Mexico oil spill had eaten into his private time, is officially being pushed to the side. The news comes on the same day the petroleum giant posted a record $17 billion quarterly loss. [More]

Report: Big-Mouthed BP CEO To Step Down

Report: Big-Mouthed BP CEO To Step Down

Even though Tony Hayward said in June that he had no intention of stepping down as CEO of British Petroleum, it looks like he might have spoken too soon, as several reports say Tone-Bone will be readying his golden parachute following today’s board meeting. [More]