Going forward, will each drilling prospect have to be carved into a separate legal entity with significantly higher insurance?

FORBES: Time To Buy BP?

More than 3, 000 years ago, between the first and second cataracts on the West Bank and the Nil, the Egyptian Pharaoh commanded a colossal temple, and a smaller one along with it, to be carved out of the rock.

UNESCO: Culture

Still, if you're looking for a pocket camcorder that is more than just a dumb pocket camcorder, Kodak seems to be continuing the niche it carved out for itself originally with the Zi8.

ENGADGET: Kodak PlayTouch preview

Another advantage to LLCs is that entrepreneurs can divvy up profits any way they choose, whereas with shareholders, the spoils have to be carved up in proportion to each shareholder's percentage ownership in the corporation.

FORBES: How To Run A Real Estate Brokerage: Legal Structure

The museum and several Native Hawaiian groups are struggling to figure out what should be done with 83 objects, including bones and rare carved artifacts taken from sacred burial caves in Kawaihae, on the Big Island of Hawaii in 1905.

NPR: Hidden Treasures: Hawaii Custody Battle

Mayawati, chief minister of Uttar Pradesh, which is India's largest state and one of its poorest, with 170m people, has been quick to demand that it be carved into four.

ECONOMIST: Attempts to satisfy demands for local autonomy backfire

Despite the many rumours that a new job would be carved out for him - Business and Budget seemed the favourite - he stays put to forge ahead with, if not finish, what he started.

BBC: RESHUFFLE! Well, sort of.