In the News Today - October 30, 2015

October 30, 2015

Transocean Ltd., the offshore drilling rig involved in the 2010 Gulf oil spill, has reached a settlement that has led to the dismissal of federal lawsuits filed by Alabama, Florida, Mississippi, Louisiana and Texas agains the company. Alabama reportedly will receive $20 million from the settlement; Louisiana will get $4 million; Texas, $2 million; Florida, $5 million. Mississippi's amount has not yet been released. (Wall Street Journal)