Toil Joint News Today : Breaking News, Live Updates & Top Stories | Vimarsana

John joins me live from london with more of this. what do you make of this price range with the oil joint? is it still ambitious? >> reporter: well, it is conservative compared to what the original range was. we could get them into the number one category on two different measurements here. let's take a look first at the evaluations. if they go out as planned, it would be 1.6 to 1.7 trillion dollars. original target was $2 trillion. it is, and this is something i've been talking about the last few months, it is still at the high end of 1.5. if they get to the higher end they can beat alibaba a...

The heart of saudi arabia's oil industry. both of the facilities that were affected are owned by saudi aramco, the state oil joint there and the attacks sparked an enormous fire, a blaze authorities say is now under control. what we don't know is the extent of the damage. nasa put out satellite imagery showing you can actually see some of the smoke from space. yemen's houthi rebels claimed responsibility for the attack. remember, saudi arabia has been fighting with houthi rebels in neighboring yemen over four years. what is essentially a proxy war with iran. if this was, in fact, carried out b...

>> bp's chairman says they have tried to settle and they would like to settle. it's got to be for the right price. they have a team of lawyers in new orleans preparing for the trial. another one trying to negotiate a settlement. the trial is before u.s. district judge carl not a jury. bp does not have a run away jury verdict to fear. however, the oil joint does have great motivation to settle anyway. >> bp would like to get this off the front pages of the newspapers. they would like to -- bp wants to continue drilling in the gulf therefore they would like to make their peace with the governmen...

Arena now, what's the risk to troops and what's the risk to operations in the field? what is the risk to intelligence operatives that may be risking their lives to work for the united states and countries you on there who share information with the u.s., what risk is there that they will have any confidence to don share sensitive security information if it is just going to show up on the internet. you know, as we talked about, there's a lot of discussion always about cyber attacks, cyber warfare. this was perhaps the largest cyber attack and for the u.s. military it came from within. john, kir...

Concerns about the possibility of a second u.s. recession? >> well, very real, indeed. keep in mind that the economy doesn't have to go into recession just because we have a stock sell off. one of the biggest sell offs offer in 1987 did not result in the economic retrenchment. but the big worries behind these moves today is lack of growth. lack of growth in the u.s. economy. we're seeing that play out and that could be the key to another recession. >> shepard: gerri willis, part of the best team in business. her show the willis worth every weekday afternoon 5 p.m. central up the dial. the comp...