BP Weighs Dividend Cut Estimate of Spill's Size Is Raised as Britain Defends Embattled Oil Giant

BP is considering reducing its dividends to help quell political uproar against the company. Meanwhile, the U.S. raised estimates of the oil gushing from the crippled Gulf of Mexico well. Monica Langley, Dennis Berman, Evan Newmark and Bruce Orwall discuss. Also, a discussion of Saturday's World Cup soccer match between England and the U.S.



U.K. government officials offer their first public signs of support for BP. Plus, why market volatility is here to stay; and WSJ's predictions for the World Cup tournament in South Africa.




BP said it sees no justification for the collapse in its share price, even as the U.K. oil company admitted that the cost of the Gulf spill has risen to $1.43 billion. Alan Murray, Grainne McCarthy and Joe White discuss.




As many as 50,000 barrels of oil per day may have flowed into the Gulf before it was partly contained on June 3, the U.S. Geological Survey says. Purd







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