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TODAY'S NEWS BP asks judge to block 'absurd windfalls' to oil spill claimantsLawyers for BP's U.S. subsidiaries have asked the trial judge to halt payout of Deepwater Horizon oil spill claims under its $7.8 billion settlement, citing potentially billions of dollars in "absurd windfalls" to businesses with fictitious losses. SEC nominee flies through Senate committee, with one Democratic 'no'A Senate committee today voted 21 to 1 in favor of Mary Jo White to serve as the new head of the U.S. Securities and Exchange Commission, with one lone holdout—Senator Sherrod Brown, a Democrat from Ohio, who objected to White's Wall Street ties. Judge brushes aside fears over animal-terrorism lawA Boston federal judge threw out a lawsuit filed by animal rights activists who challenged the constitutionality of a federal law criminalizing violence and property damage against animal-related organizations and the people who work for them.
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