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BP: Failed blowout preventer removed from well (AP) -

Deepwater Horizon oil well is seen on August 3, in the Gulf of Mexico off the coast of Louisiana. BP Friday removed the blowout preventer from atop its busted oil well in the Gulf of Mexico, a key piece of equipment whose failure is blamed for sparking the worst environmental disaster in US history.(AFP/Getty Images/File/Chris Graythen)AP - BP PLC said the blowout preventer that failed to stop oil from spewing into the Gulf of Mexico was removed from the company's well on Friday afternoon.


Fri, 03 Sep 2010 19:57:19 GMT
Stocks set for best week in six as fear eases (Reuters) -

Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - Wall Street was set to close its best week in six on Friday after economic data, including a stronger-than-expected labor market report, helped soothe fears the economy could fall back into recession.


Fri, 03 Sep 2010 19:42:29 GMT
MGIC added $1.2B in mortgage coverage in August (AP) - AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined. Fri, 03 Sep 2010 18:50:41 GMT