Event:
British Petroleum (BP) reaches a settlement with U.S. federal, state and local government entities regarding damages from its Deepwater Horizon rig explosion five years ago; BP will pay USD $18 billion through the year 2030
More Notable Events on July 2:
1979 Susan B. Anthony dollar is issued, 1st U.S. coin to honor a woman
1976 Supreme Court rules death penalty not inherently cruel or unusual
1937 Amelia Earhart and Fred Noonan disappear over Pacific Ocean
1890 Congress passes Sherman Antitrust Act
1867 1st U.S. elevated railroad begins service, New York City