a large police presence is expected in the area as investigations continue. howard johnson, bbc news. the white house has expressed frustration at record profits posted by the us oil giant exxon mobil. they reached more than $55 billion last year largely attributed to the war in ukraine. a government statement said the figures were particularly galling when americans were paying high fuel prices. 0ur north america correspondent david willis reports. this has antagonised the white house beyond belief, as you can probably imagine. they have called these record profits recorded by exxon mobil outrageous. this is $56 billion in the last year alone, in terms of net profit, and that is not only a company record, in the sense that exxon mobil has never seen profits quite as large as that, it s also a record for any of the big oil companies in the western oil industry.
they have doubled the amount of safety investigators. and as you know, the number of recalls that gm has made since this major ignition switch recall if february has been massive. what they are doing now is recalling pretty much everything but the kitchen sink that may have a tiny problem so they can never be pointed at again and saying you didn t recall soon enough and it caused it costs lives. we re going to head over the hill after this and be life for you later in the air there for what mary barra has to say. thank you, poppy. breaking news now out of iraq, oil giant exxon mobil scaryg out a major evacuation of his its staff. it has branch offices in baghdad and basra. bp also vee backity evacuating workers.
cane is back, he has a column for theblaze.com. an all-boy panel this morning. you re used to that. you know what? i am getting kind of used to it a little bit. our starting point this morning is day two of john edwards criminal trial. it s going to get under way in about 2 1/2 hours. and back on the stand, his former aide, andrew young. he is the key witness for the prosecution. the issue is did john edwards inappropriately use campaign funds to hide his mistress, rielle hunter? the prosecution called edwards a master manipulator, saying this. if the affair went public, it would have destroyed any chance to become the president, and he knew it and he made a choice to break the law. we re joined by melanie sloan, executive director for citizens of responsibility and ethics in washington. nice to see you, melanie. thanks for talking with us. nice to be here. walk me through what happened. andrew young will be back on the stand as i mentioned again today. yesterday was
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i m amanda drury with a look at stocks. steepening losses as we head towards the close. apple took a small bite out of oil giant exxon mobil yesterday for a brief time during trade. apple toppled exxon for the top spot as the nation s most valuable company. exxon rallied back finishing the day $1 billion ahead of apple and 54% of americans would rather keep their old cars than face monthly payments for a new one, but if you re one of those trying to make it last, experts stress regular maintenance since a neglected car could cost you more in the long run and that s it from cnbc on a steeply in the red market day. first in business worldwide, jonathan. back over to you. thanks, amanda. we are counting down. just about 15 minutes away from the closing bell on wall street, and it s been a doozy of a day.