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NATIONAL HARBOR, Md.--Every day the U.S. imports $1 billion worth of oil.

Participant Media plans on portraying the moments leading up to the BP oil spill disaster in an upcoming film. Jeff Skoll's social film company, Participant Media , has picked up the rights to adapt the New York Times article, " Deepwater Horizon's Final Hours ." The deal was done in partnership with Summit Entertainment and Imagenation Abu Dhabi--the film will tell the story of what happened on the rig when it exploded, including the story of how over 100 people survived

A controversial web-design company that served scores of small businesses and left many unhappy customers in its wake has closed its doors. Employees from HIT Web Design, a full-service web design and web hosting company in Provo, Utah, were seen carrying boxes out of the company's headquarters on Tuesday, the Deseret News reported . Founded as Heritage Web Solutions in 1999, the company hit No

In Africa, pregnant women are 135 times more likely to die during childbirth than their counterparts in developed Western economies.

By now, many have heard about the undercover video of NPR's outgoing Senior Vice President for Development Ron Schiller railing against Tea Partiers and how NPR would be better off without public funding. But what most don't know is that the comments, particularly the funding talk, theaten to derail a new social media campaign NPR was planning to launch--one aimed at saving the very government funding Schiller said NPR could do without.

Dear EarthTalk : I understand that Congress passed legislation not too long ago that protected a few million acres of wilderness areas, parks and wild rivers, in part to help offset climate change. How does conserving land prevent global warming?-- M. Oakes, Charlottesville, N.C

IBM announced the first batch of cities this week awarded grants as part of the company's three-year, $50 million Smarter Cities Challenge . The recipients --including New Orleans, Newark, Rio de Janeiro, and Jakarta--are diverse, to say the least. So how did they end up with IBM's attention, and what happens now?

He claims so.

Algae has been a hot topic in the clean energy community for years; it can be used to produce biofuel efficiently, with minimal water use, and without taking up arable land.

January 2011.

Avatars, they're just like us! Or should be for maximum effectiveness, according to recent studies. Right or wrong, race, gender, and attractiveness matter in virtual incarnations.

Each day, Inc.'s reporters scour the Web for the most important and interesting news to entrepreneurs. Here's what we found today. What do you do when your star employee becomes embroiled in scandal

More children would eat lunches and dinners at school under legislation passed by the House and sent to the president Wednesday, part of Michelle Obama's campaign to end childhood hunger and combat childhood obesity.