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blame me. $4 a gallon is what we're talking about. we'll explain where the money is going. well thank you for your company. this just in to cnn. london police made several arrests in the tabloid phone hacking scandal. among those arrest second-degree a police officer. the investigation is centering on allegations of bribes from police for inside information. police are searching rupert murdock's company. police are searching for as many as three men who may have fired shots in a shopping mall around dinner time. it started in a candy store. we know two people suffered gunshot wou...

middle-class families pay. we'll explain what's going on. i'm wolf blitzer. you're in "the situation room." dramatic new developments today in the cruise ship disaster off the coast of italy after blasting holes in the capsized "costa philosopconcord" the massive liner hits rocks and ripped open the hull friday night. it shows the dramatic escape as people clamor off the sinks vessel. the ship's captain is under house arrest, and he may face charges of manslaughter and abandoning ship. now a stunning -- the transcript between outrages authorities on shore and the captain. matthew c...

will on the streets. journalists get a look at the violence syria doesn't want you to see. it is amazing to me how this guy has been shot this many times. i mean, he's superman. i have been shot three times. my fingers have bullet holes. >> did you hear had a? part man, part terminator. shot three times in a robbery. a marine pulls out the bullets with his own hands. and now he's talking about it from his hospital bed on this "american morning." good morning, everyone. it is thursday, december 29. this is "american morning." a lot going on today. let's get right to it. >> that's ...

you're in "the situation room"." the first republican presidential contest is two weeks away and a top obama adviser says the democrats are counting on a long primary season slugfest between newt gingrich and mitt romney. every word from the candidates could make a difference. jim acosta is covering the final sprint of the caucuses. jim, we're seeing a possible shift in the romney campaign strategy. what are you seeing? what are you hearing? >> reporter: well, there may be a big momentum shift for mitt romney out here in iowa, wolf. he had a pretty good debate on thursday night aga...

took a lead after round one are still ahead. election process has months to go. it's scheduled to wrap up in march. beljan -- belgian police have ruled out terrorism. authorities are puzzled about the reasons for carrying out this gun and grenade attack in downtown. those are the top stories from cnn, the world news leader. i'm zain vergee. "world business today" starts now. hello and welcome to "world business today," it's thursday, december 15th and i'm nina dos santos at cnn london. and in hong kong, these are the top stories. export angst, disappointing stock day and manufa...