major storms in the north sea have also been making their mark. more than 400 employees in the oil fields. the accident killed one person on wednesday. >> fierce winter storms blast across the north steep -- the north sea. a freak wave struck a platform. heading in the direction of conoco phillips and b.p. rigs. the barge eventually missed the rigs. emergency measures had to be taken. >> the situation has become a lot worse for us. it has been decided to totally remove all staff. there will be no people left. >> bp says it takes 24 hours. phil: one of america's best-known entertainers has appeared in court. over the last year, dozens of women have come forward with allegations that bill cosby drugged and sexually assaulted them. for the most part, he maintained his innocence. >> bill cosby arrives with his lawyers in a suburb of philadelphia. there, he was arraigned before a district judge. he is to remain free pending bail. a few hours earlier, montgomery county prosecutor kevin steele announced the first criminal charges against the once beloved

the north sea has been hit by extreme weather this week. one company said it work killed when a big wave slammed into a drilling rig. 10 countries in southeast asia have taken a formal step towards forming an eu-inspired trade bloc. founded an economic community this thursday. the aim is to create a single with more than 600 million people. analysts warn of serious challenges ahead. are you popping open a bottle of champagne for the new year? if so, you are not alone. industry estimates show that champagne sales are set for a record year this year. 312 million bottles of the french is have been -- french fizz have been shipped. sales rose by more than 4% on 2014. the previous record was set in 2007. year,"ed to saying "this but i suppose i should be thinking of 2016. catherine: that's a very confusing time. markus: especially when you are broadcasting to different time zones. catherine: happy new year to you , markus karlsson. thank you for the business news update. stay tuned. we have more news coming up after a short break on "live from p

particularly the norwegian quadrant of the north sea.oco phillips, the latest company to tell us there are problems with the weather. it is partially evacuating staff from its field and the others will also be shutdown. minimum staffing at the platform and just an update on the earlier snaps we had. that's a full evacuation now taking place and norwegian media is reporting that production is being stopped at the platform. so poor weather conditions are taking their toll on those operating in the north sea. it's the dawn of a new era. the first freely traded u.s. oil exports in 40 years could be set to ship out as soon as today. landon dowdy has more from cnbc's headquaters. landon. >> hi there, jeff, good morning to you. conoco phillips and new star energy aren't wasting any time lining up their foreign oil exports. they could finish loading as soon as today what they think would be the country's first export cargo of u.s. produced light crude oil in 40 years. conoco and new star jumped ahead of enterprise products partners which last we

project to try to catch and tame that power. >> the atlantic's that way. >> yeah. >> reporter: the north sea is that way. >> correct. >> reporter: and the tide runs back and forth here. >> correct. >> reporter: four times a day, twice in each direction. >> yeah. >> reporter: already the cables have been laid on the sea bed to bring the power ashore, and the first underwater turbines are about to be lowered and connected. when complete, a large field of turbines will produce as much electricity as a big coal, gas, or nuclear plant on shore. speaking as an engineer, do you find it kind of amazing that this power source has been sitting out there? >> yeah, it's a good point. it's a wonder people haven't-- people haven't looked at this-- this site and other sites like it before. >> reporter: it's a wonder advantages the other renewables lack. solar power only works in the daytime. and wind power, which many consider an eyesore, is an expensive waste of space when the wind doesn't blow. tidal power is reliable, says the c.e.o. of this project, tim cornelius. >> tidal has one very distinct benefit

. >> the atlantic is that way, and the north sea is that way. >> correct. >> and the tide runs back and forth here four times a day, twice in each direction. >> yes. >> reporter: the tidal currents the atlantic tide rushes through the channel, as it forces its way to the north sea. and then when the tide turns, it rushes back again. the plan is for a full field of turbines to be installed on the seabed where they will produce as much power as a conventional shore side coal, gas, or nuclear fired plant. the tidal plant will not suffer from the pitfalls of other renewable sources. solar power only works when the sun shines. so not at night. and wind farms only work when the wind blows, which it isn't here. >> tidal has one distinct benefit. it's virtually 100% predictable. >> reporter: and says tim cornelius, ceo of the company building the tidal plant, there's another advantage, unlike wind farms, which are criticized for spoiling the view on land or for being hazardous to shipping at sea, with tidal -- >> you don't see it or hear it. it's very environmentally >> reporter: that there's b

this was the emergency response and vessel out in the north sea what they're doing is that they have rudolph out there and it's quit cold out there. they're picking something up. >> i did not know santa had a sleigh or boat. >> it's santa for the presents. >> oh. did he leave them behind? >> well, this is everybody sending the presents out and home as wechlt it ll. they cut the sack up and head on back to their ship. >> so they deliver the presents for the folks. >> what i would say is that they want to send them back. they bought the presents and want to send them back to their kids and wife. >> i know that it's created because you know that the >> the thought is a bit wet and the chief was opening a present and he seems thrilled with it. sure, everyone is going to go for it on if boat. thank you darling. >> this is a cool concept. >> merry christmas to all of them. >> and to all a good night. >>> one thing that i really love about babies and older people is that they take everything in. they cherish it. it's the fact that they do not take simple things for granted. meet this lady a

. >> they have taken oil from the north sea. we will see what happens. >> hydraulic fracturing or fracking involves pumping a mixture of water, sand, and chemicals into the ground in order to extract natural gas. the government lifted a moratorium on the for an, paving the way unprecedented-for gas. >> this is hugely controversial. this is likely to lead to higher fuel bills. say that fracking is just part of a wider trend of extreme energy extraction. >> we expect more to be done in the 14th round. as much as 3-5 of the country is up for grabs and people are right to be concerned about this because the government is trying to change the system and local planning. this is said that large investors can go and get approved. we are actually seeing production applied for and we have seen areas of the coastline preparing for coal exploration. three could come from other countries but this has already arrived. >> to cannot look at a shell gas or fracking as a single thing. what we're looking at is extreme energy. this is not just abou

and flips over and over, plunging down the steep cliff toward the north sea. >> translator: i was surer falling and rolling over for 60 meters. i started shaking. >> rescue workers find the driver's body in the devastating wreckage thrown outside his truck. but he's alive. his fall is cushioned by his truck's load of salmon and ice. he escaped with two collapsed lungs, a broken arm, finger and collar bone. >>> on the other side of the north sea, england's roads are much tamer, but driving can be just as dangerous. >> oh! >> jack and his son raj depend on cars to make their living, installing custom exhausts in their shop minutes from london's heathrow airport. they never dreamed they would end up using their car to chase down a hit-and-run driver. january 19, 2011. just before 10:00 a.m. jack and raj are on their usual commute to work, when they notice a red mercedes driving recklessly. >> stupid driving. that's stupid driving. >> what caught our attention immediately was the fact that driver decided to break the law by just barging in front of us in the first place. >> jack records hi

the atlantic tide rushes through the channel as it forces it's way to the north sea. and then, when the tide turns, it rushes back again. (handout animation of full field of turbines)the plan is for a full field of turbines to be installed on the sea bed here where they will produce as shore-side coal. gas or nuclear fired plant.(sot david taaffe - project manager):mp: 'speaking as an engineer, do you find it kind of amazing that this power source has been sitting out theredt: 'yeah it is, its a good point, it's a wonder people haven't looked at this site and other sites like it before.'(solar plant/ windfarm)the tidal plant -- its backers say -- will not suffer from the pitfalls of other renewable sources. solar power only works when the sun shines... so not at night. and windfarms only work when the wind blows. (sot tim cornelius - ceo atlantis):'tidal has one very distinct benefit. it's virtually 100 benefit. it's virtually 100 predictable.'and says tim cornelius, ceo of the company building the new tidal plant, there's another advantage.(windfarms on land and sea)u

. >>> a wave hit the north sea, killing one and injuring two others. the nationalities of the dead and injured were not clear. stormy weather had been reported in the region >>> three former basketball players are charged with aggravated assault. police say it was a part of a hazing incident. three are being held in a facility. the school superintendent says they will fought be coming back to school >>> chip kelly breaks his silence. fired eagle's coach chip kelly says he is grateful and blessed to have coached the team. that's the statement he released last night. this is courtesy fox sports. the statement read, in part, i'm grateful to jeffrey lurie. my players mean the world to me. i will miss them very much. i will be rooting for them. he left yesterday with his girlfriend. he was fired on tuesday. the eagles have a six and nine record. >> the end result was mediocrity. you know, as the owner of the team, i got to look at the progress and the trajectory of where it's headed. >> he made it clear he wants a coach that can relate to his players and ev

bp said it ordered evacuation of its platform in the north sea today after a barge broke its anchor and was drifting towards the storm. ordered. to its installation. changed direction and decided to shut down prodt platform. class-action lawsuit over its latest sofe update. update has made iphone 4s subject to crashes. apple promoted this phone is being compatible with the 4s and would make the phones faster and more responsive. the suit is seeking $500 million in damages and apple has so far not responded. microsoft has announced it is going to notify users when they believed -- if they believed are being hacked. you might remember from the last few years, microsoft alerted users about potential security breaches without acknowledging who the chamber -- the change comes as other companies made similar moves earlier in the year. marie: auto sales in the u.s. on the verge of breaking the industry possible yereed: that's a rebound. higher than any month in the0 years. eric king has more. eric: talk about a christmas to remember. >> i'm so excited. eric: that is her new car. >> i'm officia

the channel, as it forces its way to the north sea. and then when the tide turns, it rushes back again. the plan is for a full field of f turbines to be installed on the seabed where they will produce as much power as a conventional shore side coal, gas, or nuclear fired plant. the tidal plant will not suffer from the pitfalls of other renewable sources. solar power only works when the sun shines. so not at night. ananwind farms only workrkhen the wind blows, which it isn't here. >> tidal has one distinct benefit. it's virtually 100% predictable. >> reporter: and says tim cornelius, ceo of the company building the tidal plant, there's another advantage, unli wind farms, which a criticized for spoiling thview on land or for being hazardous to shipping at sea, with tidal -- >> you don't see it or hear it. it's very environmentally >> reporter: that there's been power in the oceans has always been known. the titil currents move back and forth like clockwork. the trick has been to develop technology as reliable as the tides. and that, the

a fierce storm in the north sea has forced oil companies to evacuate drilling platforms in the north sea. they're worried about a possible collision with a barge that tore loose from its moorings. the storm system is the same one that's brought widespread flooding in britain over the last week. back in this country, three top aides to republican presidential candidate ben carson resigned today. the campaign manager, deputy manager and communications director said they're stepping down immediately. they cited frustrations with outside advisors. carson was, for a time, the g.o.p. front-runner, but his poll numbers have since fallen. wall street ended the year on a downer. the dow jones industrial average lost nearly 180 points to close at 17,425. the nasdaq fell 58 points. and the s&p 500 dropped 19. for the year, the dow was down 2%, and the s&p was down a fraction of one percent, but the nasdaq gained more than 5.5%. and, the largest container ship ever to visit the u.s., entered san francisco bay today, and it was a tight fit. the "benjamin franklin" passed under the gold gate bridge

time now for a look at other headlines, beginning with concern in the north sea, where a drifting barge has missed a bp oil rig. they ordered a complete evacuation after the nearby barge broke anchor during a storm. it is unclear when production will resume. earlier in the day, a big oil onewas hit by a wave and person was killed, two injured. that has since been evacuated. two class-action lawsuit in the u.s. allege that there were debuted before facebook in 2012. revenue projections on mobile devices -- facebook has filed an appeal as it says shareholder should pursue their claims individually. puerto rico will default on a small portion of a bond payment due january 4. officials had to dip into cash set aside to pay other debts. the move will buy time as the u.s. congress could restructure its debt burden. the u.s. territory has suffered from a decade-long recession that has shrunk tax revenue. microsoft will begin warning its e-mail users when it suspects a government is trying to hack into their accounts. two former employees said china was behind a 2011 hacking campaign. earlier t

geologists claim that the world's greatest fossil fuel resources lie beneath ocean waters in the north seaf indonesia, the gulf of mexico , off the eastern seaboard. but underwater drilling is expensive and risky. floating platforms are towed out to sea and anchored. drilling rigs are assembled at great cost. bits are sent 10,000 feet deep and more into the ocean floor. oil and gas from 18 to 30 wells may pass through one processing rig in a given day. proven pools are being tapped beneath these waters in the gulf of mexico. natural gas from land and ocean-based wells is compressed ped by booster stations across the country, from storage facilities mostly based in louisiana and texas. but more gas deposits must be found and developed if we are to meet our growing needs. on the rocky mountains western slopes, oil filled rock is being mined and processed in an experimental plant. though it's now expensive to get crude oil out of the rock, it could someday answer a good portion of our oil needs. >> in terms of the reserves available in colorado, utah, and wyoming, they are very large. the hig

iraqi kurdistan sits on 45 billion barrels of oil, almost twice the amount that remains in the north seacollapse of the oil for cash deal with baghdad is hampering the production. we are inside the control room, on entering the levels of the tanks. they refined fuel including diesel, jet fuel, and crude as well. the end of payments from baghdad along with the low price has left krg broke. divisions amongst the kurds are also impacting the industry with rival groups vying for control of the best oilfields. we are gathering some of the best lawmakers from iraq along with members of the international community and the u.n. to talk about the crisis facing this region, the economic and political and security crisis. divisions run deep indeed. the province of kirk cook is a case in point. they are falling out over the k rg. western allies are putting pressure on all sides. western ally this will remain in jeopardy. glass.t's talk to javier that is just a microcosm of opec, nobody is talking to each other and can get on the same page. er: if you go to kurdistan, you see seepage where oil flows

dunwich of done continued to send representatives even though it had slipped into the north sea. on the other hand, manufacturing centers had grown enormously in recent years. the medieval representatives had long since fallen away. they do not have to live in the districts. that is still true today in the house of commons. britainpeople of great were virtually represented because the electoral process was not the measure of it. this struck americans as absurd. violation ofious one person one vote. it was not so absurd for most endorsement. the british claimed that people by the mutualed interests that members of parliamentembers of were presumed to share with other british subjects. americans strongly resented these claims. in the most notable colonial who's written by daniel delaney of maryland. he denied its applicability to the colonies. america is a distinct community from england that cannot be virtually represented by the agents of another community. a swiss born pastor from georgia pushed beyond this argument and challenged the very idea of virtual representation. he call

the north sea is that way. the tide runs bacacand forth here. >> correct. . >> reporter: four times a day. twice in each direction. >> yes. >> reporter: the tidal currents on this coast called the pentland are ferocious. the e lantic tide rushes t tough the channel as i i forces its way to the north sea and then when the tide turns, it rushes back the plan isor a full field of turbines to be installed on the sea bed will they producece as much power as the conventional shore side coal, gas, or nuclear-fired plant. speaking as an engineer, do you find it kind of amazing that this power source has been sitting out there? >> yeah. it's a good point. it's a wonder people haven't looked at this site and other sites like it before. >> reporter: the t tal plant i i backers say will not suffer from the pitfalls of other renewable sources. solar power only works when the sun sninshines so not eight night and wiwi farms onlyork when the wind blows, which it isn't here. >> tidal has one very distinct benefit. it's virtual

her instance the north sea. -- for instance, the north sea.ver i think the key because it has been so warm and that's why we believe there has been renewed pressure on oil prices and if we continue to remain this warm across the pressure will the continue. we could go into the high 20's or early 30's. chief oilta sen, analyst at energy aspects in london. we will be right back. ♪ when you're on hold, your business is on hold. that's why comcast business doesn't leave you there. when you call, a small business expert will answer you in about 30 seconds. no annoying hold music. just a real person, real fast. whenever you need them. so your business can get back to business. sounds like my ride's ready. don't get stuck on hold. reach an expert fast. comcast business. built for business. alix: live from bloomberg world headquarters in midtown manhattan you ever watching bloom television i'm alix steel. mark crumpton has more from our bureau. mark: the white house is calling the killing of u.s. soldiers cowardly. they were on patrol and targeted by

francine: scotland is externally exposed to the price of oil in the north sea. ,iscussing those fallingrices george magnus and stewart. when you look at oil, how difficult or how impossible is it to predict where goes next? >> it is very difficult. the one thing i would say, and we have priced the better stories out there so hopefully this has been priced in. the resurgence in iraq has been weston. -- priced in. with theened in rome libyan talks. it is early days, there is a long way to go, but i would pointing out that there are a million dollars of assets. if they can organize them themselves and have a efficient exports, that would be the next strike on the oil market. barrels of million libyan oil like a come on the market straight away as they find an agreement? rt: we will see. francine: is it annexed or three or four dollars or less? stuart: it is hard to correlate fundamentals with price. this is a market driven on a scale outer member for many years. therefore, the idea that one million barrels equals a certain number of dollars per barrel is a hard cognition to make. ake: you

an evacuation happened at b-p oil's facility in the north china sea earlier today.a barge broke loose during a storm and was headed for an oil field.the barge drifted past it, but was unmanned and apple is facing a class action lawsuit over its latest soft- ware upgrade. upgrade.the lawsuit says apple's i-o-s-nine software update made i-phone 4-s phones slow, and prone to crashes. the tech giant advertised the update as being comtible with the 4-s-s saying it would make the phones faster and more responsive.so far - apple has not commented. coming up on the cbs 2 news at noon, a look back at 2015 and how well people did getting a return on their investments. we'll l so get an experts opinion on what lies ahead for it's time for to your finances. every week our friends from tryon investments join us to answer your qqstions on money. today we are recapping the bad year 20-15 was for returns... 2015 has been a tough year for returns finding returns since 1937 a7stocks flat- to-down ytd, beating hedge funds ,long-term 30- year bonds ,short-term 3-month treasury bills and commodities a7hal

the town of dunwich continued to send representatives even though it had slipped into the north sea.laughter] at the same time, some of england's largest cities such as manchester and birmingham which had grown suddenly as manufacturing centers and had 50,000 inhabitants, they sent no representatives to the house of commons. medieval residence requirements had long since fallen away. members did not have to be residents of the districts they represented. that is still true today in the house of commons. the british said all the people of great britain were virtually represented because the electoral process was not the measure of representation. this virtual representation struck americans then and many of us today as absolutely absurd. it was an obvious violation of one person/one vote we value today. it was not so absurd for most englishmen. this hodgepodge of representation by claiming people were represented in england, not by the process of election considered incidental to representation, but rather by the mutual interest that members of parliament were presumed to share with a

over the north seas, drawing winds from the south are blasting at 70 miles per hour.eorologists say they can use forecast conditions to look at the happenings now. cam newton is a dad. the carolina quarterback tweeting that he and his long time girlfriend, kia proctor, have welcomed a baby boy. according to celebrity babies.com, the football star was seen leaving practice early to travel to atlanta. >>> opening your champagne bottle, you have to check this out, just in time for midnight. became a little bit more fun. possibly dangerous too. this is champagne sabering, the art of looping off the tip of the champagne bottleneck with a sword or a knife. one theory is that it dates back to napoleon. who lobbed it off easier to do on horseback. our theory is, it is probably safer to pop out the cork with your hand. have a happy new year. back to you guys. >> twist the bottle, not the cork. lessons learned. >> metro is making it easier for people to get around tonight. >> what you need to neighborhood,i feel like it's got a lot of what we were kinda talking about. the kitch

the global price is based on north sea oil or brent crude, so that's the global price. the domestic price because we have -- we're not allowed to export oil is different. that's based on w.t.i., west texas indiana intermediate crud. so the west texas intermediate crude price typically runs somewhere between $5 and $8 a barrel lower than brent crude, the international price. so my state, for example, texas and others, we produce some of the lightest, sweetest crude in the world, yet when we sell that, when our producers sell that, they are getting $5 to $8 less per darryl than people who are producing it internationally, opec, russia, venezuela, our competitors, they price off brent. they are getting $5 to $8 more for every barrel they sell. think about that. let's say you're a store or a business of any kind. for selling the same product or selling a better product, you're going to get less money than your competitor. which of you stays in business? which of you grows? produces more of that product? which of you goes out of business? so what's going on in the world righ

north. widespread sea effect. snowfall. all the way from hokkaido throughout the day on wednesday and many areas see as much as 15 to 20 sent mecentimeters and so the higher elevations. naha, you see some showers and a high of 21 for you and towards nakinawa. it's going to be more autumn-like by thursday, but back to reality by friday. just 2 there for your high, definitely feeling like winter into the weekend. i leave it now with your extended outlook. >>> one more story to share with you before we go. hokkaido has been seeing wintry temperatures. perfect weather for some of the dips in a hot string. about 19 monkeys enjoyed a spa day at a botanical garden. staff filled it with hot water from a nearby spring and the primates climbed in for a long soak. visitors lined up to take photos of the bathers. >> i wish i could join them. >> garden staff say they plan to keep the pool full of hot water until may. they look so relaxed there. this concludes this edition of "newsline." i'm catherine kobayashi in tokyo. thanks for joini

i remember watching on pbs, there's a show about scotland and aberdeen and how it was a north sea area that was fantastic, and at the end they talked about how great it had developed, and then the punch line was we're not houston, but we're great. we're talking about the best energy people in the world. the best managers of energy opportunities in the world. who will be the fist shots. these are the guys. would you say it was not only about dif depped reduction, but dif depped elimination, and now that kmi, for instance, came out and didn't eliminate the dividend, but reduced it as expected, a lot of stocks -- >> reduced it more than expected. it might have to eliminate the def denned and more actually can cut cap x and all the rest the more likely it is that some of them areover sold. >> absolutely. i mean, it's always this notion of what -- where can i find opportunity? exxon has a triple-a rated balance sheet. they've never cut their dividend. they might, but still, you're starting from lay level that's very high. we have confidence with the coverage ratio and pay-out ratio that thi

attack from destroyers and so forth would have been to sit on the bottom, on the sandy bottom in the north seathe other side of the british isles. in the deep atlantic, that was not an option. there, a submarine had to keep moving, and if it was being dogged by destroyers the whole time, as happened to schwieger on this patrol. it was being dogged by destroyers that  >> cspan: by british destroyers. >> guest: by british destroyers. it didn't have the option of just stopping and nesting on the bottom and waiting until everything passed. it had to keep moving. the problem is, that limited range, and when it reached at the end of that range, it would have to either, either surface and recharge its batteries or- well there was no other option. so imagine being-as with the case with schwieger-imagine being followed by destroyers, and you are, you're traveling along at your maximum undersea of speed of 9 knots, your batteries are- these were electric engines underwater, diesel-powered while you're on the surface. imagine, you know, you're running underwater and your batteries are so strained that t

in the north sea see santa rosa and the entire stretch of 101 under some light rain at the moment.otty activity on the 101. that's where the rain falling on the moment to and be more on the way. all that to be we honor north is the front this pushing through. time will put more of a heart of the bay this morning. this is your forecast for the 8:00 hour, seeing this exactly on a live report. by noon the entire bay area should be looking at wet conditions. bank on a wet evening commute home and a wet walk home for the students after school. have more on the forecast after a bit. >> robin: there's a hot spot in the marina district where a fire is still backing up traffic. lombard is still closed between project and as a barrel. they have partially reopened the northbound lane. the boxes that direction southbound on doral is being impacted. inspect new delays on the 43 and 28 being rerouted. we will keep you updated. >> reporter: if your wife by a slow he may not to complain to your in net provider. holiday lights could be to blame. that hideous outfit you never wear could be the reaso