Federal prosecutors dropped manslaughter charges against BP Plcs two top employees on the doomed oil rig that blew up in 2010.

The bulk of the money from BPs record settlement will go to the five states along the Gulf of Mexico whose shores were blackened in the 2010 oil spill.

BP will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil spill.

The settlements were the latest in a series of resolutions since the 2010 sinking of the Deepwater Horizon in the Gulf of Mexico, spilling millions of gallons of oil.

Nissan Motor Co. plans to expand a regional U.S. recall of cars with potentially defective Takata Corp. air bags after a woman said she was injured last month by shrapnel from the device in her 2006 Sentra sedan.

General Motors Co. settled a lawsuit over the death of a 29-year-old woman that helped trigger the recall of 2.59 million cars with faulty ignition switches.

Fannie Mae and Freddie Mac investors lost their legal challenges to a change to the mortgage giants 2008 bailouts that sent their profits to the U.S. Treasury.

BP was barred by a U.S. judge from recovering hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the 2010 Gulf of Mexico oil spill.