The U.S. District Court in New Orleans accepts the $4B settlement hammered out between BP (BP...

|About: BP p.l.c. (BP)|By:, SA News Editor

The U.S. District Court in New Orleans accepts the $4B settlement hammered out between BP (BP +1.5%) and the government over the 2010 Gulf of Mexico disaster, including a guilty plea to manslaughter. The deal does not resolve the federal government's civil claims against BP; the company could pay billions more in penalties for environmental damage.