Author: Tom Bergin and Anna Driver, Reuters

  • BP stock plunges, U.S. threatens new penalties

    The shares of BP Plc continued falling on Thursday on concerns about the costs the British company will face in the massive Gulf of Mexico oil spill. The shares opened trading in London 11 percent down before recovering to trade down 4.0 percent, one day after BP depositary shares plummeted to a 14-year low in…