Originally published on Tue February 19, 2013 2:44 pm
Some people in Shanghai — especially the foreigners — think the city's new Pudong section of town is dull, without character and profoundly unfashionable.
Twenty years ago, Pudong was mostly farms and warehouses. Today, it's home to those sleek glass-and-steel skyscrapers that have come to define the city's skyline in movies like Skyfall and Mission: Impossible III.
A federal judge in New Orleans has approved a $1 billion civil settlement over its role in the Gulf of Mexico oil spill where 11 men died in April of 2010, the AP reports.
As we reported back in January, federal authorities blamed Transocean "for acting negligently when the rig's crew proceeded with maneuvers to the deep-sea well in the face of clear danger signals that oil and natural gas were flowing."