BP, Plaintiffs Reach $7.8 Billion Settlement

NEW ORLEANS, La. (TheStreet) — BP(BP) and the plaintiffs in the Gulf of Mexico oil spill case have reached an estimated $7.8 billion settlement.

In a news release early Saturday, the U.K. petroleum giant said it had reached the settlement with the Plaintiffs’ Steering Committee, which represents diverse plaintiffs in the complex case.

The settlement, news of which comes just two days before the trial was scheduled to start, is subject to final written agreement, the release said.

Read more: http://business-news.thestreet.com/the-times-herald/story/bp-plaintiffs-reach-78-billion-settlement/11442438

Carjacking Suspect Has History Of Stealing Lobsters, Fine Meats

Lobster

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Editor’s note:  This is what’s known as having champagne taste and a beer pocketbook/wallet with a healthy dose of stupid thrown in for good measure!  Lock him up and thrown away the KEY!

It didn’t take long for employees at a Weis Kings Market in west Allentown to realize they had a lobster thief in their grocery store Thursday afternoon.

Charles A. Shumanis III, who was arrested Thursday after police say he carjacked a man in South Whitehall following a botched retail theft attempt at the supermarket, had been charged the week before with stealing more than $160 worth of lobsters from the store, according to court documents.

Hours after allegedly stealing from the market Feb. 23, Shumanis went to the Wegmans, 3900 Tilghman St., where he took $150 worth of meat, according to court documents.

Shumanis already had four prior retail theft convictions, making the fifth and sixth retail theft charges on Feb. 23 felonies, police said. He added a seventh charge Thursday, to go along with more serious charges of carjacking a man and dragging him 50 feet in the Friendly’s Restaurant parking lot in South Whitehall.

Read more: http://www.mcall.com/news/breaking/mc-carjacking-suspect-history-stealing-lobsters-me-20120302,0,7455738.story

Fleetwood School District Jobs In Jeopardy

Northbound Pennsylvania Route 662 (Main Street...

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More than a dozen Fleetwood School District employees will likely be furloughed or demoted in an attempt to battle a bulging budget gap.

Dr. Paul B. Eaken, superintendent, said Friday that he had met with the employees – teachers and support staff – to notify them their jobs are expected to be eliminated or reduced next school year.

The district is facing a hole of at least $847,000 in its $38.6 million 2012-13 budget. The staffing moves would save the district about $850,000, Eaken said.

Read more: http://readingeagle.com/article.aspx?id=368747