At the time of writing this post, a two-tonne plug is being lowered in to the Gulf of Mexico, in an attempt to stop one of the largest oil leaks in history. In Washington this week, the blame game began, as executives of BP, Transocean and Halliburton -- the three main companies connected with the oil spill -- testified in the Senate.

The proposal from independent Senator Bernie Sanders would order congressional investigators to conduct a single audit of the U.S. central bank's use of its emergency lending authority since December 2007. It would require the Fed by December 1 to disclose which banks received its help.

Here are 12 memorable fictional businesses from our favorite television shows.

Despite the running unease in world markets, three giants of American finance managed to make money from trading every single day during the first three months of the year. Their remarkable 61-day streak is one for the record books. Each one finished the period without losing money for even one day.

The euro soared on Monday morning as investors reacted with initial relief at the €750bn (£655bn) plan to defend the single currency and European Monetary Union from potential collapse.

Here's a look at how Americans honor mothers on Mother's Day.

As the first "named plaintiff" in Dukes v. Wal-Mart, the ordained Baptist minister also is the face of the largest gender bias class action lawsuit in U.S. history — one that could cost the world's largest private employer billions.

With the federal deficit soaring, annual interest payments on debt will reach $916 billion by the end of the decade. Although everyone can see the train wreck coming, lawmakers seem powerless to stop it.

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"Experience is the name everyone gives to their mistakes," Oscar Wilde wrote. Business history has endured some tremendously shortsighted experiences. A Texas tycoon decided that a young Bill Gates was asking too much for Microsoft. In London, an experienced music executive felt the Beatles weren't worth his record label's financial backing.