BP PLC said Monday that it will pay for all the cleanup costs from a massive oil spill in the Gulf of Mexico that could continue spewing crude for at least another week.

Meanwhile, chief executive Tony Hayward said Monday that chemical dispersants have worked to some degree to keep oil from flowing to the surface, though he did not elaborate. He said on ABC's "Good Morning America" that the new approach seemed to be having a significant impact. [Read the full article]

Apple Inc. said Monday that is has sold 1 million of its new iPad tablet computers in the month after its launch, meaning it's been selling more than twice as fast as the iPhone did when it was new.

Apple said it reached the milestone on Friday, when the new 3G model of the iPad was delivered to its first buyers. That model can access AT&T's cellular broadband network. The first models had only Wi-Fi access.

"One million iPads in 28 days -- that's less than half of the 74 days it took to achieve this milestone with iPhone," said CEO Steve Jobs. [Read the full article]

The National Highway Traffic Safety Administration is investigating a problem with sticky gas pedals in 2007 Dodge Caliber small sport utility vehicles.

The company said Monday there have been only five complaints, and it is unaware of any crashes, injuries or property damage linked to the problem. No recall has been issued.

Chrysler said the pedals were made by CTS Corp. of Elkhart, Indiana, the same company that manufactured pedals involved in a Toyota Motor Corp. recall earlier this year.

The automaker said the investigation is in the early stages, but based on the build dates of the vehicles involved in the complaints, the problem appears to be limited to about 10,000 vehicles made during a five-week period in March and April of 2006.

NHTSA said an estimated 161,000 vehicles are covered by the investigation, but a Chrysler spokesman said that's the total of all Calibers built during the 2007 model year. [Read the full article]

Avis Budget Group Inc. plans to trump a rival's bid for Dollar Thrifty Automotive Group Inc., saying the rental car company agreed to sell itself too cheaply.

In a letter to two top executives at Dollar Thrifty, Avis' chairman and CEO said he wants Dollar Thrifty to open its books before his company makes a "substantially higher" counter to the $1.17 billion offer from Hertz Global Holdings Inc.

"We would like to make a substantially higher offer to acquire Dollar Thrifty, especially in light of your recent performance," CEO and Chairman Ronald Nelson wrote.

Last week, Dollar Thrifty posted a record first-quarter profit, earning $27.3 million, even though revenue slipped almost 4 percent. The profit topped expectations.

Monday's move comes a week after Hertz, the world's largest car rental company by locations, offered a cash-and-stock bid for Dollar Thifty that values the company at $41 per share, hopingto beef up its business among vacationers. [Read the full article]