Can BP Ever Rebuild Its Reputation?

BUSINESS. .

If you thought things couldn't get any worse for BP, think again. Three months after the Deepwater Horizon explosion caused up to 184 million gal. of oil to spill into the Gulf of Mexico, BP thought it had finally managed to stop the flow on July 15 — until company and U.S. officials cautioned on Sunday, July 18, that while the cap is holding, there are signs of possible leakage on the sea floor. And BP is already facing cleanup and legal bills to the tune of $60 billion. But a company worth $350 billion can survive a hefty financial hit. The damage to BP's image, however, is far more costly — and will take much longer to fix.

bp image 0716 l6isL 17334
bp image 0716 l6isL 17334

Read more

Latest Stories
Fabulous Boutique hotels that 'endorse' Luxury
The Boutique hotels in India, offer a feel of grandeur and sublime sophistication of the erstwhile era that comes equipped with modern amenities. These hotels have mostly been customized as per the requirement of a modern day tourist
Why is iPad a pointless waste of time [Infographic]
Why is iPad a pointless waste of time [Infographic]
Decode your boyfriend's cuddling style
Dating a man for quite sometime and yet you are not sure whether he is really into you? If this is your case, then the best way is to check out his body language which actually speaks volume. Men are tight lipped about their inner feelings
Most expensive dresses adorned by B'town actors
Bollywood rules the roost when it comes to expensive, high end costumes. Larger than life, lavish costumes are absolute must haves in action scenes, song and dance sequences, film promos - you name it! Get to know more on some
Bollywood turning 'Plastic' with surgeries
Plastic surgery has become a cult in Bollywood since long time and it is quietly said that there is merely an actor who has not opted for plastic surgery. Be it the gorgeous Bipasha Basu, charming Priyanka Chopra, dimpled girl Preity
Say Something