BP to try “static kill” on Gulf well Tuesday


Reuters - BP Plc will attempt on Tuesday a planned “static kill” operation to seal its ruptured Gulf of Mexico oil well, and hopes to have a relief well finished by the end of August, incoming company CEO Bob Dudley said on Friday.

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Apple: Assessing The Long-Term Risk From Android Phones

How big a risk is Android to Apple’s (AAPL) iPhone business?
Bernstein Research analyst Toni Sacconaghi took a look at that issue this morning, and finds only modest risks near-term, but an inevitably more serious clash a few years out. Clearly, both platforms are doing quite well right now, but phones [...]

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BNP Adds Innes, Former BofA Exec., To Former BofA Prime Brokerage

BNP Paribas has hired a prime brokerage executive from Bank of America, whose prime brokerage business it bought two years ago.

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Home efficiency pros cross fingers Home Star will pass

The Home Star progam has a shot at passage in an oil spill-focused energy bill, paving the way for services and goods to improve home energy and water efficiency.

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Alcatel-Lucent Jumps On Q2 Results; Keeps 2010 Guidance

Alcatel-Lucent (ALU) shares are trading sharply higher following the company’s announcement of Q2 results.
For the quarter, the networking equipment company posted revenue of 3.8 billion Euros, up 17% sequentially and down 2.4% from a year ago; that translates to $4.95 billion, which is above the Street consensus at $4.72 billion. [...]

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Uniloc Sues Sony, McAfee, Activision, Others For Infringement

Uniloc USA yesterday said it has filed a patent infringe suit in federal court in Texas against Sony (SNE), McAfee (MFE), Activision (ATVI), Quark, Aspyr Media and Borland Software, “over their unauthorized use of Uniloc’s patented anti-piracy product activation method and system.”
Uniloc, based in Irvine, California, said [...]

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Is America the Next Lithium Powerhouse?

California’s Salton Sea is like an open air prison. It has lots of lithium for batteries and electric cars too.

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Glance: AEP’s 2Q and carbon capture costs

AP - WHAT: American Electric Power said in its Friday earnings release that a 57 percent drop in its second-quarter numbers was partly due to a charge related to a carbon capture project at its Mountaineer Plant in W.Va., serving that state and Virginia through AEP’s Appalachian Power unit.

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Hayward says leaving top post out of ‘love’ for BP

Outgoing BP CEO Tony Hayward, seen here on July 27 in London, would have liked to remain in his job, but is leaving after a firestorm over his handling of the US oil spill because of his AFP - Outgoing BP CEO Tony Hayward would have liked to remain in his job, but is leaving after a firestorm over his handling of the US oil spill because of his “love” for the British firm.


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House to take up offshore drilling reform bill

WASHINGTON (Reuters) - Three months after the catastrophic oil rig explosion that sent millions of gallons of crude spewing into the Gulf of Mexico, the U.S. House of Representatives was poised on Friday to debate legislation clamping down on the industry’s offshore drilling practices.

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