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Detailed text transcripts for TV channel - CNN - 20100707:17:26:00

The majority owner bp. cnn is learning this right now. that man is kevin hostler, a former bp executive. his resignation to take effect at the end of september. a congressional oversight committee had been and continues to examine allegations by several pipeline managers that cost-cutting measures have put the integrity of the pipeline at risk. so a resignation after a congressional investigation there. bp managers have criticized this person, hostler s, cost-cutting efforts, saying they resulted in deferred work projects on the pipeline. the sources at bp s internal watchdog agency said. so that is breaking news. a resignation for the person that runs the transalaska pipeline in alaska. meanwhile, soccer fans around the globe watching the world cup, but they haven t seen anything like this, believe me. in singapore, an unlikely group of players competed for world soccer titles of a different ....

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Detailed text transcripts for TV channel - CNN - 20100707:17:44:00

We re going to check some top stories now, starting with breaking news we re following. kevin hostler, head of the company that operates the transalaska pipeline. he s expected to announce his resignation today. we ve learned that from a senior federal government source. hostler was a former bp executive. earlier, congress looked into allegations that stringent cost-cutting measures have put the integrity of that alaskan pipeline at risk. we also have this. judges in two states ordering five suspects charged in that russian spy ring all be moved to new york. two of them are being held in boston. the other three had a scheduled court hearing in alexandra, virginia today. it was cancelled. court documents show that virginia judge wants them moved promptly to new york. there are rumors of a spy swap with russia that we re looking ....

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