as you said, halliburton has claimed an indemnity. but if bp can argue that negligence was taken by halliburton employees, that would be overridden. the likely outcome is a settlement, even though halliburton is currently adamant that they will not settle. >> let's take a make -- a look at the mixed picture of job performance. the number of people out of work fell by 22,000, certainly more than expected, while the jobless rate dipped to 6.8%. the german company has so far defied the slowdown. contrasting fortunes in the region, as the german economy may be going strong, it is a different story for spain. the unemployment rate is the highest in the european union. in spain it is the highest amongst major industrialized nations. we have been asking viewers to send us their experiences of a turbulent 2011. ♪ >> my name is alicia. i am 32 years old. i lived in madrid. i have been employed for two years and four months. my benefits from over a year- and-a-half ago are being supported by home. i do not have any sort of an come. this is pret

one bp said halliburton should pay all costs and expenses related to the cleanup of the 2010 disaster $42 billion. if the declaims that halliburton destroyed evidence on cement testing and violated court orders but not producing computer modeling results hubbard says that the suit is no merit the federal report said that bp halliburton and another company transocean share responsibility for the biggest oil spill in united states history >>british police are investigating the murder of a woman whose body was found on the country estate of queen elizabeth in eastern england some walking in the 600 not acre public park that is part of the queens estate in sandringham discovered the body on sunday shortly after the queen and prince philip attended in years to a church service nearby police have sealed off the area while forensic investigations are being carried out an autopsy is expected to be done today >>and aggressive statement from iran today as u.s. and european union economic sanctions take their toll i ran said that it will take action if the united states navy moves an aircraft ca

bp has also accused halliburton of botching this man shot on at the well. the rupture on the horizon rig killed 10 workers and released millions of barrels of oil into the gulf of mexico. dts set up a compensation fund for cleanup costs and payments -- bp has set up a compensation fund for cleanup costs and payments to victims. british police say that a woman's body was found on the vast rural estate in norfolk where queen elizabeth and her family celebrate the new year's holiday. it was just a couple of miles from the queen's country home. >> a murder mystery on the grounds of the this is state -- this estate. the palace is beloved by the royal family for years, and it is where the queen and her family have their christmas celebration. they were informed that a dog walker in the area found the body of a woman at's human remains on at the estate. the remains were found about two miles from the main royal residence. today police were calling this a murder. they have been very quiet about the details, both the queen and the palace. they have much of the woodl

halliburton also ended the day on the up side. a little bit of news on that area. overall, abo overall, pretty good numbers. >> pretty good. we're talking about a very good january for the market. >> best january for the s&p in 15 years. >> that's not good enough for you? >> it's good. look at february. always looking ahead. >> bob pisani, we'll see you later. technology driving the rally up for january. tech was one of the bright spots in today's trading session. seema mody is live with that angle. >> maria, as you pointed out, strong moves in tech, definitely helping the nasdaq this month. i think it's also important to highlight the outperformance of the nasdaq versus the dow and s&p for this month. very significant. almost doubled s&p's gain and more than doubled the dow's gain. in terms of what's fueling the growth for the nasdaq, technology led by shares of apple. we're seeing strong moves in the biotech space in january. are chip stocks, also a standout in january with intel earnings and recovery from the thailand floods. semiconductor stocks are on the rise

are they looking at north american margins in the halliburton case versus all this litigation?think once we get all this out of the way, the gulf of mexico goes back to normal. that's what everybody is waiting to do. the look-through may not be with transocean but some of the other drillers like diamond or nov or even a small gulf of mexico driller like atpg. those are the stocks to look at. we leave transocean alone. it's enough. i had enough, let's get out. >> this was a rumor stock earlier in the week where people were ruling that petrobras might be taking a look at them. they bought an awful lot of calls at the $45 strike in february. those calls went from $1 to $4.55 today. >> dan, i'll show you some love. i'll tell you it was a good call. we are out of time so you're out of here. see you next week. >> thanks. >> patty edwards, a quick trade on that? >> i own national oil, endorko. that would be the place. >> jp penney runs up 50% in a week. >>> welcome back. what a reek for ron johnson and jc penney. stock surged more than 15% as management blew analysts away at their two

drama continues between bp and halliburton.ll costs and damages should be paid by halliburton. in the past, halliburton has said actions of bp workers are what caused the explosion on the rig. we did end lower s&p closed down unchanged that hasn't happened since 1947. at the new york stock exchange, i'm jane king with the bloomberg business report. >>> 5:55. a pair of unmanned nasa spacecrafts spent first full day together on the moon today. spacecrafts grail a and grail b landed saturday and sunday. this animation provided by nasa. it took the crafts 3 1/2 months to get to the moon longer than the direct three-day flight by the apollo astronauts. nasa says the mission will be devoted to studying lunar gravity. scientists hope to learn how the moon was formed and what is be low the surface. >>> all but one of the squirrel monkeys at the san francisco zoo are expected to return to their exhibit. banana sam will be under quarantine for a few more days. he's the monkey stolen thursday night. crews are just finishing repairs follow

i don't know if that is the halliburton logo that jon huntsman-halliburton, that looks tough. usually this is on a big black background with a big red h, looks manly. the campaign sign you see the most for mr. huntsman is a red one, all the other candidates have various blue signs, they look like different times of blue blazers, jon huntsman has one in a nice red wine color. jon huntsman another sign with his campaign website, jon2012.com. i follow mr. huntsman's campaign, when i saw a jon 21 sign i didn't know it was for him, i thought it was a ad for a sale at clothing retailer, this is not good. the signs are kind of a sign. up until very recently jon huntsman has not been a bad candidate in theory, but he has been a candidate with a bad campaign. and that may turn out to be a blessing for him. jon huntsman bad campaign has meant he has been so off the radar nobody has bothered to attack him. and now at the exact right moment, if not a little too late, new hampshire voters are taking notice of him and they are taking notice of him at a time that nobody has bothered to trash

. >>> let's check out shares of bp and halliburton. both up in a down market. a judge has ruled bp must reimburse halliburton for some compensatory damage claims relating to pollution from last year's gulf oil spill. but bp is not required to indemnify halliburton where punitive damages are concerned. for more on the energy markets, let's go to sharon epperson at the nymex. >> oil prices are below $100 a barrel. we've seen some volatility in the oil space. but really it's kind of gone in tandem with what we've seen in equities and the euro as well. continuing to watch a little bit of strength in gasoline and heating oil futures. we have the expiration of the february contract today. that is adding to some of the upside momentum, traders are saying. we're also watching what's happening in light of this looming refinery strike possible here in the u.s. as the union workers try to solidify a new contract by midnight tonight. keep your eye on natural gas as well. we're seeing bearish fundamentals are accelerating the downward trend in natural gas. broken through 2.

as you say, the halliburton issues. we had a vice-president who work for one of these companies who nobody criticizes very harshly for the. we get these defense secretary's to get positions higher up because they have great rolodex is. those rolodex is are not only for government officials and america. those rolodex is include government officials overseas. ethical standards were not always pristine and transparent the way they are in the u.s. so i think you raise an important issue. >> high. i've always wondered. i hear your for solutions to these issues. when i looked at what happened, what has happened over the past couple years in congress, the senate and the fighting and the gerrymandering, like he spoke about, is there a solution? even if you're the president of the united states and have the bully pulpit, how do you get your, you know, -- for example, job creation. to come out with a policy shortly. have you get that through congress and the senate without the specified or watering down? >> i agree. that is partl

again brought to you by halliburton they're all ok well that's the thing if if me as an individual i can go and i can contribute to an income that i'd like but there's a limit on how much i can contribute to that i'm not sure what it is something that i want a five hundred dollars. would that same woman applied to a corporation do they have more leeway around that if if the court accepted this argument in theory they would but but in practice no they wouldn't as he here's what the big problems with letting corporations donate to candidates so it's kind of an involved process to create a new person so if you want to not giving birth to a new although that's the only process i know of to create if you parse it so you know if you want to expand the amount of individuals who can donate to candidates you have to create more people to do that for each person you get twenty five hundred dollars per candidate it's really easy to create a new corporation you know all you got to do is file a form so if you're a very wealthy individual who wants to give eight on of money to a candidate to a can

bp and halliburton blame each other for the explosion that killed 11 workers and started the worst off shore spill in u.s. history. >>> 2012 certainly going to be a year of the election. in just a few hours from now, we'll be getting our first official idea of how the race for the white house is shaping up. remember, white house is one of a number of election campaigns this year. now, the iowa caucus is clear at the moment it can make or break a presidential hopeful's candidacy. after n ever changing in the race, the six republicans on the ballot have everything to play for. the issues run from emotive matters, like abortion and gay marriage to will all encompassing direction of the u.s. economy. one term we've heard time and time again in this contest is big government. many republicans want congress to spend less to combat spiraling debt. rick santorum has been gaining in popularity in the polls. he's been a figure on the amount of annual spending that he'd like to see. >> in addition to a balanced budget, the balanced budget amendment that i prefer and that i will fight for will put

bp is suing halliburton for all of the cleanup costs which comes to $42 billion. in charge of cementing the well during its construction. at cement fell--field. halliburton stock lost nearly 2%. >>mark: much more straight ahead. here is a live look outside. >>darya: it is so foggy!

court monday bp said all of its costs and damages from the 2010 gulf oil spill should be paid by halliburton, the contractor on the project. >>> finally, pepsi has an interesting but hardly reassuring defense against a lawsuit by a man claiming he found a mouse in his mountain dew. it's impossible because the soda would have dissolved the mouse before the man could have found it. >>> hockey's winter showcase was a thriller and all the action from college football's biggest bowl day. >>> plus, of all those bowl games, if you liked scoring, the rose bowl was the one for you. your early morning sports headlines are up next. >>> big arctic air has arrived but a warm-up is around the corner. your forecast is coming up. >>>. >>> very good morning to you. if you're just waking up, this is "early today." in sports monday was college football's big bowl day. here's nbc's mario solis with an early look at all your sports headlines. >>> hi, good morning. there were six bowl games yesterday. let's get right to it. first up, the tositio's fiesta bowl. stanford and oklahoma city exchanging touchdowns all

halliburton at west brokenning. captain mike had showed you some footage of that. and dorsey run road. overturned vehicle there. that has the ramp partially blocked. also, one new accident in baltimore city. st. paul street at east franklin. let's take a live look. things are crawling along there. and we'll take another live look. you can see pretty much the same situation on the left side around security boulevard. this traffic report is brought to you by subway. it's freshly-bake said bread, flavor-packed pastrami. to satisfy even the biggest appetite, at subway, eat fresh. >>> we're talking about a few snow flakes here. >> south of the city, some areas have picked up a trace to a quarter inch on the grass. we're down to 33 at the airport. light snow in the last two hours. humidity has jumped up to 92%. south/southwest winds at 3. barometer holding steady. come back and take a look at a warmer and sunny tuesday after this. >>> go, ravens! [ male announcer ] get ready for some deli-style delic-ious-ity: the subway big hot pastrami melt. dive into piled-high pastra

they have filed a suit against halliburton for damages. tens of billions of dollars are at stake. the explosion at the deepwater rise in drilling rig killed 11 workers and said more than 4 million barrels of oil into the surrounding waters -- the explosion at the deepwater horizon drilling rig. it is alleged the firm used substandard cement. >> the change in leadership in north korea following the recent death of kim jong il has not affected the regime's hard-line stance against people trying to defect. according to south korean activists, north korean border guides had shut down the -- shot down three men trying to cross the river into china. in the north korean capital, tens of thousands rallied to swear loyalty to the country's new leader, kim jong un. eight researchers nightmare -- a researcher's nightmare. some of the contents of the library after it collapsed will never be recovered, but there is a light at the end of the tunnel. >> gradually, the experts are rebuilding the city are cut. 600 out of 65,000 original documents have been painstakingly put back together. this con

is taking halliburton, a big company, the company that laid the cement around the drilling bit that blew when we had that - - on these pictures. this was filed by the suit -- lawyers to sue them for all the costs for the cleanup of that oil spill that has been $14 billion. that is expected to go into tens of billions of dollars. i will have a lot more on the rest of business in 55 minutes. >> police in the u.s.a. a former soldiers suspected of killing a park ranger has been found dead. dozens of police and federal agents used dogs to search our remote wilderness for the veteran of the iraq war. 9 >> the search for the gunmen who was suspended -- suspected of killing a park ranger started on sunday. benjamin barnes, a 24-year-old veteran of the iraq war is believed to have fled to the park after an earlier shooting that wounded four people in seattle. his vehicle failed to stop edit check point where -- at a check point. mr. barnes opened fire on a park ranger that was patrolling the chuck point the. . >> there are researchers involved in the search for the killer. ranger mark anderson sp

negligence, bp said all of the costs and damages from the 2010 gulf oil spill should be paid by halliburtonthe cement contractor on the project. >>> and finally, patentcy has an interesting but hardly reassuring defense against a lawsuit by a man claiming he found a mouse in his mountain dew. it's impossible because the soda would have dissolved the dead mouse before the man could have found it. >>> in health news this morning, according to a controversial new study, a strong embryo may help a weaker one survive in twin pregnancies created by in vitro fertilization. several studies found they roult in higher live birth rates, one expert argued the study's data fails to prove the concept of so-called embryo assistance. >>> for more information on this story and other health news, always head to the web. check out our health page online at msnbc.com. >>> hockey is winter showcase was a thriller and all the action from college football's biggest bowl day. >>> plus, of all those bowl games, if you like scoring, the rose bowl was the one for you. your first look at sports is straight ahead. hey

. >>> bp filed a lawsuit seeking at least $20 billion from halliburton related to the deepwater horizonpill. bp says it wants to be reimbursed for cleaning up the spill, lost profits, as well as all costs and damages related to the 2010 disaster. the explosion on the deepwater horizon rig killed 11 workers and spewed more than 4 million barrels of oil into the gulf. the incident sparked a series of lawsuits and citations against the companies involved. >>> it's a big night for hooky fans. virginia tech is looking for a bcs bowl win against the michigan in the sugar bowl tonight. it's michigan's first bowl appearance since 2006. you can watch that game tonight on espn. >>> the expected top pick in the nfl draft this year ran out of luck when it came to the bowl game last night. oklahoma state beat andrew luck and the stanford cardinal last night 41-38 in overtime in the fiesta bowl. stanford looked to have the game in hand with just seconds left, and a chip shot field goal for the win. but the freshman kicker missed badly, pushing that game into overtime. and then the same freshman kicke

things like contractors we don't have to be giving these elaborate contractors to corporations like halliburton kellogg brown and root you don't have to cut this service to actually. service members you don't have to cut those benefits you don't have to even touch those and you can cut a lot more out of the. defense department's budget without average really impacting any service members why me and maybe we can cut a few bases out there that we have that we have hundreds of them around the world maybe there's a few weapon systems that we could cut if you just take a look at jet systems that we don't even use or nuclear submarines that we don't even use it's not like we have to make cuts in things that are actually impacting day to day life for service members impacting national defense we can just get rid of systems that are irrelevant at this point in time mitt romney talked about an aging navy and an aging air force will why are we keeping those older planes where we keep those older submarines it's not like we're not producing new ones we just happen to be maintaining keeping planes and subm

bp is suing halliburton to help pay for costs associated with cleaning up the oil spill as well as lostfits. the explosion on the deep water horizon rate in april of 2010 killed 11 workers and still more than 4 million barrels of oil into the gulf, and sparked a slew of lawsuits against all the companies involved. >> still had tonight, a fun way to spend new year's eve. carwhen his family's plummeted into an icy river, it turned out to be a fight for their lives. the incredible rescue story when we cover the nation. >> ion nicolo killion in iowa where republican voters will -- i am nicole killion in iowa, where republican votersan >> four people in utah escape major injury and possibly death after their car slid into an icy river. this happened on new year's eve when roger anderson was driving his two children and a friend to go skiing. he lost control of the car, which flipped into the river, upside-down, causing water to rush in. anderson was able to free himself, but the kids were still trapped in the water. -- still trapped in the car in the water. bystanders were able to turn the v

. >>> bp is suing halliburton.leaning up the deepwater horizon oil spill. the explosion of the deepwater horizon rig killed 11 workers and spewed more than 4 million barrels of oil into the gulf of mexico. it sparked several lawsuits and citations against all the companies involved. >>> a warning as you head back to work and open all those e-mails, watch out for one that looks like it's from american airlines. it could be a phishing scam. the airline believes the hackers are posing as the carrier's rewards program to get personal information from customers. one e-mail string asks customers to download a ticket. another messenger called for the customer to take a survey. american airlines warns customers not to open questionable links or attachments. >>> well, you are out of luck if you wanted to buy a super bowl commercial. head of nbc sports says all of the commercials are sold out. each spot went for a whopping $3.5 million. that's a record. nbc says there will be fewer 30-second commercials and more long form 60

what the halliburton homes website describes as a custom designed penthouse is on the market for $2.9ine bought it while serving as the state's government in twait. he paid nearly a million dollars more than what it's going for now. hudson county tax assessors most recently asays the real estate of the property at $822,000. corzine was recently ceo of mf global. forced him out as chief and into the hot seat as some $1.2 billion of customer money had gone missing. the investigation is still ongoing. >> thank you so much. kayla with the latest there. we will take a short break. before we go, look at the day on wall street. the major averages. we covered a lot of ground today. volume on the light side. look at this chart. the dow had been down 139 points at its worst this morning. finished flat on the

. >>> bp filed a lawsuit seeking at least $20 billion from halliburton related to the deepwater horizon spill. bp wants to be reimbursed for cleaning up the spill, lost profits, and all damages related to the 2010 disaster. the explosion on the deepwater horizon rig killed 11 workers and spilled more than 4 million barrels of oil into the gulf of mexico. it sparked several lawsuits and citations against the companies involved. >>> a cold blast is heading our way, and it's already causing a mess in parts of michigan and indiana. plow drivers were out clearing at least three inches of lake effect snow in indiana. the near whiteout conditions forced officials to close parts of interstate 465 in indianapolis. many people pulled out their snow shovels and their snow blowers. >>> this morning you may want to grab your own winter coat and your gloves and your scarf and your hat and everything else you can dig out. the temperatures will be falling. people bundled up overnight in georgetown. not only are we seeing the lowest temperatures of the season, but the wind will make it feel even colder.

and halliburton forced to switch gears and focus on profitable oil services business.ouncement had investors overlooking the company's better than expected profit support. shares down 2%. that will do it from cnbc. now back to "hardball." >>> we're back. president obama is gearing up to make the state of the union address tomorrow night. we wanted to examine some of the tall tales. the republicans have been pushing these over the last three years. a ground-breaking piece was written over the weekend taking issue with those myths. joining us is white house reporter joe williams and david korn. i want to start with david. let's look at the socialist charge. john's piece points out that tarp began under president bush. he goes on to write that obama's policies have not even been close to being socialist. "obama rejected nationalizing banks and made clear he had no interest in running the auto companies. the health care reform law keeps insurance in private hands and adopts the individual mandate option from the heritage foundation and is modelled on former governor romney

you saw this with halliburton. i'm going to go to rev rechbd al. >> it's usually joe who's messy. >> david axelrod is taking -- hammering mitt romney for his time running the investment firm bain capital. >> the question isn't should he be businessman of the year. the question is what is his character, what was hiss judgment, how does that relate to being president and are there legitimate questions who should be asked. >> people should know before they vote because the presidency is such a central position in our society that you want to know what does this person think? what are they doing and what values will they bring to the oval office? >> the reason that his work at bain is an issue is that governor romney has offered his big experience as his sole credential for being president of the united states. the truth is that he closed 1,000 or more factories, stores and offices, he outsourced tens of thousands of jobs. the question is that the philosophy that you want in the white house? is that the economic vision

raped by this defense contractor in if iraq just a few days after getting there and then kbr, the halliburtonubsidiary, her bosses put her in a tiny shipping container and no food or water for 24 hours, guarded the shipping container with a machine gun, and it turns out the whole thing was a hoax. a jury just ruled a couple of weeks ago -- and by the time she got, for one thing, there was no criminal case because prosecutors having investigated, they ended up not bringing a prosecution. she sued civilly, but when she sued civilly, suddenly a gang rape case goes away because there was only the dna of one man on her, and he says it was consensual. so it was your standard he said/she said date rape case. the jury acquitted after one day of deliberations. the female military doctor who examine bed her the next day didn't find any date rape drug in her as she had claimed, she did not find she had been mangled. the whole story was a cock and bull story from the beginning, and it should have been recognized as such. that is on the front page of "the new york times," 1500-word piece. the story on the

little popular support and yet for a handful of corporations, lockheed martin, northrop grumman and halliburton, they were immensely profitable, as lord is for certain tiny segment of the power elite, and always has been. war is a racket. i think that we, unfortunately, have created a world where power has become centralized in the hands of a select group of corporations that are more powerful than the state itself. that it is within the american political system in possible to vote against the interest of goldman sachs. and unless we force that power, we are doomed because corporations, unfettered capitalism, a great book about this in 1944 called the great transformation. turn everything into a commodity. in that sense karl marx was right. unfettered capitalism is a revolutionary force. human beings become commodities, the natural world becomes a commodity that you exploit until exhaustion or collapse and that's why the environmental crisis is in a minimally entwined within the economic rise because we don't find a way to break the power of those corporations, they will trash and continue to

. >>> bp is suing halliburton for $20 billion in damages caused by the 2010 gulf of mexico oil spill. bp is seeking reimbursement for the cleanup operation. lost profits from the oil well, and all damages resulting from the deepwater horizon blowout. the 2010 explosion killed 11 workers and sent more than four million barrels of oil spewing into the gulf. >>> major lake-effect snows are battering parts of southwest michigan and indiana, and another six inches of accumulation could be on the way today. dozens of accidents are being blamed on the near white-out conditions, and major roads had to be shut down in indianapolis for several hours. al will have more in his weather. >>> meanwhile, the mighty oregon ducks won their first rose bowl victory in 95 years monday night, trouncing wisconsin 45-38 in the highest scoring rose bowl game ever played. de'anthony thomas was the star of the game, scoring a 64-yard touchdown. he is going. he is going. he is still going. incredible recordbreaking 91-yard touchdown for him, making our ann curry a very proud oregon duck today. go, ducks. >> she