Detailed text transcripts for TV channel - CNN - 20100727:10:01:00
>> we have team coverage, reporters all over the breaking developments this morning. they'll join us in a few minutes to tell us why the company is well positioned to rebound from this blow to its bottom line. first though we have jim boulden live in london outside bp headquarters where they're hoping a change can turn around their image. good morning, jim. >> reporter: that's right, kiran. tony hayward admitting this morning that he cannot remain the face of bp in order for this company to "move forward in the united states." so he realized it was time to step aside. it is important to note t...
Source: news source