Halliburton's Move Raises Suspicions Even In Washington

It's not unusual for a U.S. company to move overseas for business reasons, but when the company was once run by Vice President Cheney and gets money from government contracts it attracts attention.

Halliburton, a multi-billion dollar energy company, is moving from Houston, Texas, to Dubai. This move is raising some suspicions in Washington and even prompting a possible hearing.

"For one of the largest contractors with the United States government to move its headquarters overseas just doesn't look good, doesn't sound good and doesn't smell good," Senator Charles Schumer said.

The company said they have no plan to incorporate abroad and have not said if this will mean job cuts. CEO, Dave Lesar, said they're moving to focus on oil exploration in the Middle East.


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