Robert dudley

BP taps new American CEO, reports $17 billion loss
NEW ORLEANS - The American picked to lead oil giant BP as it struggles to restore its finances and oil spill-stained reputation pledged Tuesday that his company will remain committed to the Gulf region even after the busted well is sealed.

MOSCOW - Tony Hayward is poised to move to a new job as a non-executive board member with few direct responsibilities at BP PLC's Russia venture, TNK-BP.
Incoming BP CEO not downplaying challenges
NEW ORLEANS - The American who will take over as head of British oil giant BP says he's not underestimating the nature and complexity of what the company must do to restore its reputation and financial strength after the massive Gulf spill.
BP replaces CEO Hayward, reports $17 billion loss
NEW ORLEANS - The American picked to lead oil giant BP as it struggles to restore its finances and oil spill-stained reputation pledged Tuesday that his company will remain committed to the Gulf region even after the busted well is sealed.

NEW YORK - Stocks traded in a tight range Tuesday as investors again try to balance conflicting economic and earnings reports to determine the pace of a global recovery.
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