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Editorial Results (free)

1. At Spill Hearing, BP CEO Says He's 'Deeply Sorry' -

WASHINGTON (AP) - Chastened by heavy criticism from lawmakers, a grim-faced BP chief executive Tony Hayward said Thursday he was "deeply sorry" for his company's catastrophic oil spill in the Gulf of Mexico.

2. Feds: BP Agrees to Expedite Oil Spill Payments -

GRAND ISLE, La. (AP) — BP said Thursday it plans to increase the amount of oil captured from a ruptured well in the Gulf of Mexico by early next week as the Obama administration announced that the oil giant agreed to speed up payments to people whose livelihoods have been washed away by the spill.

3. BP Oil Collection Ramps Up; So Do Claims Questions -

NEW ORLEANS (AP) — BP plans to bring in an oil-burning device and a tanker from the North Sea as it tries to contain the crude spewing into the Gulf of Mexico, a disaster creating headaches for people who make money off the sea and those processing their claims of financial loss.

4. Consumer Confidence Grows as Economy Strengthens -

NEW YORK (AP) — Key pillars of the U.S. economy are getting stronger.

The best consumer confidence reading since September 2008's financial meltdown and bullish earnings reports this week from companies ranging from Whirlpool to UPS show increasing demand and a rebound gathering steam. Americans are even feeling a bit better about the job market.

5. Gov't Imposes 3-Hour Limit on Tarmac Strandings -

WASHINGTON (AP) - Stinky toilets, crying babies, airless cabins – the Obama administration said Monday passengers don't have to take it any more. It ordered airlines to let people get off planes delayed on the ground after three hours.

6. Economy Shrinks At Fastest Pace In 26 Years -

WASHINGTON (AP) – The economy contracted at a staggering 6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into recession.

7. DHL to Cut 9,500 U.S. Jobs -

FRANKFURT, Germany (AP) – German mail and logistics company Deutsche Post AG will cut 9,500 jobs at its DHL unit in the U.S. and eliminate U.S.-only domestic express shipping by land and air, the company said Monday, citing heavy losses and fierce competition.

8. Northwest Airlines to Cut 2,500 Jobs -

MINNEAPOLIS (AP) - Northwest Airlines Corp. said on Wednesday it will cut 2,500 jobs because of high oil prices, and will soon begin charging $15 to check luggage and up to $100 to redeem a frequent-flier award ticket.

9. Northwest Airlines to Cut 2,500 Jobs -

MINNEAPOLIS (AP) - Northwest Airlines Corp. said on Wednesday it will cut 2,500 jobs because of high oil prices, and will soon begin charging $15 to check luggage and up to $100 to redeem a frequent-flier award ticket.

10. Top Economic Powers Endorse Plan to Try to Avert Financial Crises -

WASHINGTON (AP) - Finance officials from the world's top economic powers endorsed a plan Friday aimed at preventing another financial crisis like the credit and mortgage debacles that erupted in the United States and quickly sent tremors around the globe.

11. Northwest Pilots Explain Problems Holding Up Combo Talk -

MINNEAPOLIS (AP) - With talks stalled between pilots at Northwest and Delta airlines, the Northwest pilots on Wednesday laid out some of the key problems that are holding up a potential airline combination, according to the latest available by press time.

12. Merger Math: Northwest Could Face $215M Penalty if it Moves Headquarters Out of Minnesota -

MINNEAPOLIS (AP) - If another carrier combines with Northwest Airlines, where would the duo be based? The answer could be worth $215 million.

Northwest stands to lose that much in rebates and discounts at the Minneapolis airport if it doesn't live up to written commitments to keep a hub and headquarters here. That complicates the already tricky calculations as Northwest looks into a potential merger. It could also be forced into early repayment of a $245 million bond.