The owner of the Deepwater Horizon rig where 11 men died in April 2010 has agreed to pay criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill.
A new Congress takes office today, after a nail-biting end to the last term. There were reports of choice words from House Speaker John Boehner to Senate Majority Leader Harry Reid, but Congress came together on a budget agreement. Guest host Celeste Headlee asks how congressional deals are made, and what to expect from the freshman class.
Last year, American companies announced the fewest number of layoffs for any year since 1997. That's good news. In December, they added on 215,000 workers, according to a new survey. That's good news too. But last week more people filed first-time claims for unemployment insurance.
By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?
Michigan's Mackinac Island was fought over by France, England and the United States. The 200-year-old city in northern Lake Huron is a popular tourist destination. But the demolition of old buildings has raised a fierce debate about how to hold onto the past while profiting from it.
Farmers and ranchers across the country expected to start 2013 with a new farm bill, the legislation setting agricultural policy for the next five years. But the new farm bill got scrapped after more than a year of work when Congress passed the "fiscal cliff" deal.
The Bank of Canada released the high-tech bills in 2011. The goal was to make the money indestructible. But some Canadians who have their hands on the banknotes say the plastic bills melt when subjected to extreme heat. Publicly, the Bank of Canada isn't confirming the flaw.
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