BP Announces $17 Billion Loss

BP Announces $17 Billion Loss

(Al Jazeera English News Headlines: July 27, 2010) BP has announced a $17 billion loss in its second quarter earnings, alongside the announcement that CEO Tony Hayward will be replaced in October. In Afghanistan, the remains of one U.S. serviceman have been recovered; the Taliban claims to have a second soldier in custody, after the two went missing a few days prior. The Pentagon has launched a campaign to find the source of one of the biggest leaks in U.S. military history, after over 90,000 documents were released on the whistleblower website Wikileaks.org

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Al Jazeera English World News

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