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{ Tag Archives } and-federal

BP Delays Critical Tests On New Well Cap

Officials have delayed the start of testing of a new cap on the leaking BP oil well. BP and federal officials did not say what prompted the decision or when the testing would begin on the new, tighter-fitting cap. » E-Mail This      » Add to Del.icio.us

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Crew of wayward jet called cooperative, sober

A Northwest Airlines flight from San Diego, California, to Minneapolis, Minnesota, overshot the Minneapolis airport by about 150 miles Wednesday evening, and federal investigators are looking into whether the pilots had become distracted, as they claimed, or perhaps fallen asleep. When air traffic controllers finally made contact with the pilot, …

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AIG Seeks Fed Approval On Executive Bonuses

American International Group’s plan to pay millions in retention bonuses to top executives caused a political firestorm a few months ago. Both the company and federal officials are hoping to avoid another fiasco. AIG has asked the Obama administration’s new “compensation czar” to approve the bonuses to shield the company from a public backlash. The Treasury Department says the consultation process is just getting under way. » E-Mail This      » Add to Del.icio.us

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