Kenneth Feinberg

Today is the deadline for individuals and businesses impacted by the Gulf Oil spill to apply for emergency claims from BP's (BP) $20 billion fund. Fund administrator Kenneth Feinberg, 65, has already paid out more than $1.9 billion in compensation. President Barack Obama appointed Feinberg, a...

The $20 billion fund established to compensate victims of BP's Gulf oil spill has been criticized for processing claims too slowly. Kenneth Feinberg responded to those accusations Saturday, and said was implementing changes to make payments more quickly, and more generous.

BP and spill fund czar Kenneth Feinberg is taking a lot of flak for the details of the compensation program. One issue is the likelihood that people who take payments won't be able to sue later.

Kenneth Feinberg, who was jointly selected to be the new oil spill claims czar by the White House and BP, spent his first official day on the job Monday taking heat over the guidelines he has established for claims against the fund BP set up for victims of the Gulf of Mexico disaster.

The Gulf Coast Claims Facility will today begin accepting personal and business claims from those affected by BP's oil disaster in the Gulf of Mexico. BP stopped longer accepting claims last week, as the transition to the new entity was taking place. BP, which says it has paid out $375 million in...

Here's news from the business world and other money matters to watch out for Monday (last updated at 8:00 a.m. Eastern time): More Americans Tapping Retirement Savings: Mutual-fund giant Fidelity Investments reports the number of Americans seeking to withdraw money from savings set aside for...

A dedicated team of prosecutors will be going after large-scale foreign corruption, Attorney General Eric Holder announced Sunday. Main Justice reports this effort comes on top of the stepped-up prosecutions under the Foreign Corrupt Practices Act.

A new report from pay czar Kenneth Feinberg looks at compensation practices at 17 banks that received federal bailouts, and it's not a pretty picture: The banks made an estimated $1.6 billion in "ill-advised" payments.

BP shares climbed 7% at the end of trading Thursday and could be poised for a bull run.

Kenneth Feinberg will relinquish his role as Treasury's "pay czar" later this summer to focus on administering the BP (BP) $20 billion oil spill fund, a Treasury spokesman said late Wednesday. A specific date for Feinberg's departure wasn't specified, and a replacement hasn't yet been chosen. BP...