Transocean is expected to pay $1.4 billion to settle charges and suits related to the 2010 Gulf of Mexico oil spill, the Wall Street Journal reported Thursday. Transocean owned the oil rig involved in the accident that killed 11 people.
David Taintor is a news editor at Talking Points Memo. Previously, he worked at NBC News and Adweek. He’s a native of Minnesota. Reach him at firstname.lastname@example.org.
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